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ACCOUNTS RECEIVABLE (Tables)

3 Months Ended

Mar. 31, 2024

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable consisted of the following:

(in millions)			March 31, 2024						December 31, 2023
Contracts in transit			$	520.3					$	559.7
Trade receivables			201.9						153.3
Vehicle receivables			252.7						191.4
Manufacturer receivables			262.7						216.5
Other receivables, current			15.0						9.3
			1,252.6						1,130.2
Less: Allowance for doubtful accounts			(3.3)						(7.1)
Total accounts receivable, net			$	1,249.3					$	1,123.1

Finance Receivables, net

(in millions)			March 31, 2024						December 31, 2023
Asset-backed term funding			$	2,298.0					$	2,146.5
Warehouse facilities			808.3						749.3
Other managed receivables			418.0						452.9
Total finance receivables			3,524.3						3,348.7
Less: Allowance for finance receivable losses			(111.8)						(106.4)
Finance receivables, net			$	3,412.5					$	3,242.3

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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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