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SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Certain Information on a Segment Basis

Certain financial information on a segment basis is as follows:

									Three Months Ended March 31,
(in millions)															2023						2022
Vehicle operations revenue															$	6,973.8					$	6,705.3
Vehicle operations gross profit															1,211.5						1,278.1
Floor plan interest expense															(27.7)						(4.9)
Vehicle operations selling, general and administrative															(822.6)						(790.9)
Vehicle operations income															361.2						482.4
Financing operations interest margin:
Interest, fee, and lease income															53.9						22.4
Interest expense															(37.5)						(3.8)
Total interest margin															16.4						18.6
Selling, general and administrative															(8.6)						(7.2)
Total pre-provision income															7.8						11.4
Provision expense															(26.3)						(3.7)
Depreciation and amortization															(2.3)						(2.7)
Financing operations (loss) income															(20.8)						5.0
Total segment income for reportable segments															340.4						487.4
Corporate and other															58.2						51.0
Depreciation and amortization															(47.3)						(36.5)
Other interest expense															(39.0)						(26.2)
Other income (expense), net															2.0						(5.8)
Income before income taxes															$	314.3					$	469.8

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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