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Inventories and Floor Plan Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2023
Inventory Disclosure [Abstract] |
Schedule of Inventories | The components of inventories consisted of the following:
|  | December 31,
($ in millions) |  | 2023 |  | 2022
New vehicles |  | $ | 2,886.3 |  |  | $ | 1,679.8 |
Used vehicles |  | 1,637.5 |  |  | 1,529.3 |
Parts and accessories |  | 230.1 |  |  | 200.3 |
Total inventories |  | $ | 4,753.9 |  |  | $ | 3,409.4 |
Schedule of Debt |
|  | December 31,
($ in millions) |  | 2023 |  | 2022
Floor plan notes payable: non-trade |  | $ | 2,288.5 |  |  | $ | 1,489.4 |
Floor plan notes payable |  | 1,347.0 |  |  | 627.2 |
Total floor plan debt |  | $ | 3,635.5 |  |  | $ | 2,116.6 |
Below is a summary of our outstanding balances on credit facilities and long-term debt:
|  |  |  | December 31,
($ in millions) |  | Maturity Dates |  | 2023 |  | 2022
Long-term debt: |  |  |  |  |  |
Used and service loaner vehicle inventory financing commitments |  | Various dates through Apr 2026 |  | $ | 902.8 |  |  | $ | 877.2 |
Revolving lines of credit |  | Various dates through Apr 2026 |  | 1,620.7 |  |  | 927.6 |
Warehouse facilities |  | Various dates through Jul 2026 |  | 587.0 |  |  | 930.0 |
Non-recourse notes payable |  | Various dates through Apr 2031 |  | 1,705.6 |  |  | 422.2 |
4.625% Senior notes due 2027 |  | Dec 2027 |  | 400.0 |  |  | 400.0 |
4.375% Senior notes due 2031 |  | Jan 2031 |  | 550.0 |  |  | 550.0 |
3.875% Senior notes due 2029 |  | Jun 2029 |  | 800.0 |  |  | 800.0 |
Real estate mortgages, finance lease obligations, and other debt |  | Various dates through Dec 2050 |  | 730.7 |  |  | 653.1 |
Total long-term debt |  |  |  | 7,296.8 |  |  | 5,560.1 |
Less: unamortized debt issuance costs |  |  |  | (31.8) |  |  | (29.1) |
Less: current maturities (net of current debt issuance costs) |  |  |  | (109.6) |  |  | (20.5) |
Long-term debt, net |  |  |  | $ | 7,155.4 |  |  | $ | 5,510.5 |

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