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ACCOUNTS RECEIVABLE (Tables)

9 Months Ended

Sep. 30, 2023

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

(in millions)			September 30, 2023						December 31, 2022
Contracts in transit			$	458.8					$	432.5
Trade receivables			156.3						122.6
Vehicle receivables			170.3						105.4
Manufacturer receivables			207.8						151.9
Other receivables, current			10.6						3.8
			1,003.8						816.2
Less: Allowance for doubtful accounts			(4.5)						(3.1)
Total accounts receivable, net			$	999.3					$	813.1

Finance Receivables, net

(in millions)			September 30, 2023						December 31, 2022
Asset-backed term funding			$	1,840.2					$	482.1
Warehouse facilities			861.5						1,383.9
Other managed receivables			503.4						390.9
Total finance receivables			3,205.1						2,256.9
Less: Allowance for finance receivable losses			(103.0)						(69.3)
Finance receivables, net			$	3,102.1					$	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
-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

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