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Inventories and Floor Plan Notes Payable (Tables)

12 Months Ended

Dec. 31, 2024

Inventory Disclosure [Abstract]

Schedule of Inventories

The components of inventories consisted of the following:

			December 31,
($ in millions)			2024						2023
New vehicles			$	3,555.3					$	2,886.3
Used vehicles			2,085.6						1,637.5
Parts and accessories			270.8						230.1
Total inventories			$	5,911.7					$	4,753.9

Schedule of Debt

			December 31,
($ in millions)			2024						2023
Floor plan notes payable: non-trade			$	2,848.0					$	2,288.5
Floor plan notes payable			2,055.1						1,347.0
Total floor plan debt			$	4,903.1					$	3,635.5

Below is a summary of our outstanding balances on credit facilities and long-term debt:

									December 31,
($ in millions)			Maturity Dates						2024						2023
Long-term debt:
Used and service loaner vehicle inventory financing commitments			Various dates through Feb 2029						$	975.3					$	902.8
Revolving lines of credit			Various dates through Feb 2029						1,633.2						1,620.7
Warehouse facilities			Various dates through Nov 2026						834.0						587.0
Non-recourse notes payable			Various dates through Feb 2032						2,109.3						1,705.6
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 Jul 2038						1,085.9						730.7
Total long-term debt									8,387.7						7,296.8
Less: unamortized debt issuance costs									(25.1)						(31.8)
Less: current maturities (net of current debt issuance costs)									(192.1)						(109.6)
Long-term debt, net									$	8,170.5					$	7,155.4

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
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-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
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-Paragraph 1
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