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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 28,187.8 $ 22,831.7 $ 13,126.5
Cost of sales:      
Total cost of sales 23,035.4 18,572.7 10,902.2
Gross profit 5,152.4 4,259.0 2,224.3
Financing operations (loss) income (4.0) 11.0 6.5
Asset impairments 0.0 1.9 7.9
Selling, general and administrative 3,044.1 2,480.8 1,437.9
Depreciation and amortization 163.2 124.8 92.3
Operating income 1,941.1 1,662.5 692.7
Floor plan interest expense (38.8) (22.3) (34.4)
Other interest expense (129.1) (103.4) (71.6)
Other (expense) income, net (43.2) (52.0) 61.8
Income before income taxes 1,730.0 1,484.8 648.5
Income tax provision (468.4) (422.1) (178.2)
Net income 1,261.6 1,062.7 470.3
Net income attributable to non-controlling interests (4.8) (1.7) 0.0
Net income attributable to redeemable non-controlling interest (5.8) (0.9) 0.0
Net income attributable to Lithia Motors, Inc. $ 1,251.0 $ 1,060.1 $ 470.3
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 44.38 $ 36.81 $ 19.74
Shares used in basic per share calculations (in shares) 28.2 28.8 23.8
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 44.17 $ 36.54 $ 19.53
Shares used in diluted per share calculations (in shares) 28.3 29.0 24.1
Cash dividend paid per share (in dollars per share) $ 1.61 $ 1.36 $ 1.22
New vehicle retail      
Revenues:      
Total revenues $ 12,894.5 $ 11,197.7 $ 6,773.9
Cost of sales:      
Total cost of sales 11,314.8 9,979.2 6,313.0
Used vehicle retail      
Revenues:      
Total revenues 9,425.0 7,255.3 3,998.4
Cost of sales:      
Total cost of sales 8,599.6 6,428.6 3,552.4
Used vehicle wholesale      
Revenues:      
Total revenues 1,425.2 957.1 310.9
Cost of sales:      
Total cost of sales 1,440.6 913.7 300.2
Finance and insurance      
Revenues:      
Total revenues 1,285.4 1,051.3 579.8
Service, body and parts      
Revenues:      
Total revenues 2,738.8 2,110.9 1,348.7
Cost of sales:      
Total cost of sales 1,275.8 1,000.4 631.9
Fleet and other      
Revenues:      
Total revenues 418.9 259.4 114.8
Cost of sales:      
Total cost of sales $ 404.6 $ 250.8 $ 104.7