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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision

The income tax provision was as follows:

			Year Ended December 31,
($ in millions)			2024						2023						2022
Current:
Federal			$	165.6					$	207.5					$	269.2
State			49.0						71.7						105.5
Foreign			1.8						7.4						(0.9)
Total current provision			216.4						286.6						373.8
Deferred:
Federal			12.4						43.7						73.4
State			12.5						8.1						13.5
Foreign			15.4						12.2						7.7
Total deferred provision			40.3						64.0						94.6
Total provision			$	256.7					$	350.6					$	468.4

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between amounts computed using the federal income tax rate of 21% and our income tax provision is shown in the following tabulation:

			Year Ended December 31,
($ in millions)			2024						2023						2022
Federal tax provision at statutory rate			$	225.1					$	286.0					$	363.3
State taxes, net of federal income tax benefit			52.0						39.5						76.9
Non-deductible items			11.9						10.8						5.0
Permanent differences related to share-based compensation			(0.5)						—						(2.4)
Net change in valuation allowance			(13.3)						19.9						25.0
General business credits			(22.1)						(5.3)						(2.6)
Foreign rate differential			2.5						3.1						1.4
Other			1.1						(3.4)						1.8
Income tax provision			$	256.7					$	350.6					$	468.4

Schedule of Deferred Tax Assets and Liabilities

Individually significant components of the deferred tax assets and (liabilities) are presented below:

			December 31,
($ in millions)			2024						2023
Deferred tax assets:
Deferred revenue and cancellation reserves			$	113.6					$	105.2
Allowances and accruals			81.8						80.1
Lease liability			173.5						125.7
Credits and other			23.2						14.7
Net operating losses			45.7						41.6
Capital loss			30.5						33.7
Valuation allowance			(70.6)						(71.3)
Total deferred tax assets			397.7						329.7
Deferred tax liabilities:
Inventories			(53.2)						(50.3)
Goodwill			(317.8)						(213.7)
Property and equipment, principally due to differences in depreciation			(188.4)						(244.1)
Right of use asset			(165.7)						(121.3)
Prepaid expenses and other			(69.7)						(49.6)
Total deferred tax liabilities			(794.8)						(679.0)
Total			$	(397.1)					$	(349.3)

Schedule of Unrecognized Tax Benefits

The following is a reconciliation of our unrecognized tax benefits for December 31, 2024, 2023, and 2022:

($ in millions)
Balance, December 31, 2022			$	0.6
Increase related to tax positions taken - current year			0.3
Balance, December 31, 2023			0.9
Increase related to tax positions taken - current year			—
Balance, December 31, 2024			$	0.9

Schedule of Open Tax Years

Open tax years at December 31, 2024 included the following:

Federal			2021 - 2024
States (30)			2020 - 2024
Canada			2021 - 2024
United Kingdom			2021 - 2024

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