XML 45 R27.htm IDEA: XBRL DOCUMENT v3.23.2

ACCOUNTS RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2023

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

(in millions)			June 30, 2023						December 31, 2022
Contracts in transit			$	403.3					$	432.5
Trade receivables			142.2						122.6
Vehicle receivables			148.6						105.4
Manufacturer receivables			191.1						151.9
Other receivables, current			3.9						3.8
			889.1						816.2
Less: Allowance for doubtful accounts			(4.5)						(3.1)
Total accounts receivable, net			$	884.6					$	813.1

Finance Receivables, net

(in millions)			June 30, 2023						December 31, 2022
Asset-backed term funding			$	1,536.6					$	482.1
Warehouse facilities			992.0						1,383.9
Other managed receivables			450.9						390.9
Total finance receivables			2,979.5						2,256.9
Less: Allowance for finance receivable losses			(97.1)						(69.3)
Finance receivables, net			$	2,882.4					$	2,187.6

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration