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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 821.6 $ 1,011.7 $ 1,261.6
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 295.3 204.1 172.7
Share-based compensation 58.4 40.8 41.1
Gain on disposal of other assets (8.2) (3.8) (0.1)
Net disposal gain on disposal of stores (8.2) (31.2) (66.0)
Investment (gain) loss (33.1) 0.0 39.2
Deferred income taxes 38.2 58.7 95.2
Amortization of operating lease right-of-use assets 94.5 60.5 55.4
Increase (net of acquisitions and dispositions):      
Trade receivables, net (9.8) (222.1) (122.1)
Inventories (260.9) (863.5) (923.0)
Finance receivables, net (629.4) (1,052.0) (1,372.5)
Other assets (163.4) (59.2) (138.3)
Increase (decrease) (net of acquisitions and dispositions):      
Floor plan notes payable 194.5 363.7 273.3
Trade payables 9.0 (19.9) 25.3
Accrued liabilities 30.8 21.2 (2.3)
Other long-term liabilities and deferred revenue (4.2) 18.6 50.4
Net cash provided by (used in) operating activities 425.1 (472.4) (610.1)
Cash flows from investing activities:      
Capital expenditures (351.4) (230.2) (303.1)
Proceeds from sales of assets 14.5 13.2 16.6
Cash paid for other investments (354.7) (11.1) (11.8)
Cash paid for acquisitions, net of cash acquired (1,248.5) (1,185.1) (1,243.6)
Proceeds from sales of stores 85.7 142.9 212.1
Net cash used in investing activities (1,854.4) (1,270.3) (1,329.8)
Cash flows from financing activities:      
Borrowings on floor plan notes payable: non-trade, net 304.8 878.7 737.9
Borrowings on lines of credit 13,666.5 12,738.1 12,160.8
Repayments on lines of credit (13,319.7) (12,413.8) (10,137.0)
Principal payments on long-term debt and finance lease liabilities, scheduled (64.9) (35.2) (51.2)
Principal payments on long-term debt and finance lease liabilities, other (74.3) (10.6) (171.7)
Proceeds from issuance of long-term debt 408.2 79.8 113.3
Principal payments on non-recourse notes payable (950.2) (589.5) (193.5)
Proceeds from issuance of non-recourse notes payable 1,353.9 1,872.9 298.1
Payment of debt issuance costs (10.7) (16.7) (11.8)
Proceeds from issuance of common stock 27.3 29.7 36.1
Repurchase of common stock (365.9) (48.9) (688.3)
Dividends paid (56.5) (52.8) (45.2)
Payments of contingent consideration related to acquisitions (11.7) (14.0) (7.2)
Other financing activities 0.8 (7.9) (4.4)
Net cash provided by financing activities 907.6 2,409.8 2,035.9
Effect of exchange rate changes on cash and restricted cash (4.5) 33.4 (3.0)
(Decrease) increase in cash and restricted cash (526.2) 700.5 93.0
Cash and restricted cash at beginning of year 972.0 271.5 178.5
Cash and restricted cash at end of year 445.8 972.0 271.5
Reconciliation of cash and restricted cash to the consolidated balance sheets      
Cash, restricted cash, and cash equivalents 225.1 825.0 168.1
Restricted cash from collections on finance receivables 177.1 116.4 78.6
Cash and restricted cash 402.2 941.4 246.7
Restricted cash on deposit in reserve accounts, included in other non-current assets 43.6 30.6 24.8
Total cash and restricted cash reported in the Consolidated Statements of Cash Flows 445.8 972.0 271.5
Supplemental cash flow information:      
Cash paid during the period for interest 739.7 514.3 209.9
Cash paid during the period for income taxes, net 242.7 222.1 449.3
Floor plan debt paid in connection with store disposals 20.6 27.4 29.5
Non-cash activities:      
Contingent consideration in connection with acquisitions 0.0 7.3 22.4
Debt assumed in connection with acquisitions 868.1 401.6 0.7
Acquisition of finance leases in connection with acquisitions 22.7 45.0 78.2
Non-controlling interest recognized in connection with acquisitions 0.0 21.1 0.0
Right-of-use assets obtained in exchange for lease liabilities 290.2 150.0 44.7
Unsettled repurchases of common stock $ 0.1 $ 0.0 $ 0.0