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ACCOUNTS RECEIVABLE (Tables)

3 Months Ended

Mar. 31, 2023

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

(in millions)			March 31, 2023						December 31, 2022
Contracts in transit			$	397.1					$	432.5
Trade receivables			135.2						122.6
Vehicle receivables			136.2						105.4
Manufacturer receivables			173.1						151.9
Other receivables, current			4.6						3.8
			846.2						816.2
Less: Allowance for doubtful accounts			(3.1)						(3.1)
Total accounts receivable, net			$	843.1					$	813.1

Finance receivables consisted of the following:

(in millions)			March 31, 2023						December 31, 2022
Asset-backed term funding			$	993.0					$	482.1
Warehouse facilities			1,254.9						1,383.9
Other managed receivables			419.1						390.9
Total finance receivables			2,667.0						2,256.9
Less: Allowance for finance receivable losses			(82.2)						(69.3)
Finance receivables, net			$	2,584.8					$	2,187.6

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- References

No definition available.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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