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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Pro Forma Summary
Revenue and operating income contributed by the 2024 acquisitions subsequent to the date of acquisition were as follows:
Year Ended December 31,
($ in millions)2024
Revenue$5,172.5 
Operating income122.6 
The following unaudited pro forma summary presents consolidated information as if the acquisitions had occurred on January 1 of the year:
Year Ended December 31,
($ in millions, except for per share amounts)
20242023
Revenue$36,914.3 $36,714.1 
Net income835.6 1,101.1 
Basic net income per share30.95 40.01 
Diluted net income per share30.89 39.93 
Schedule of Assets Acquired and Liabilities Assumed
The following tables summarize the consideration paid for the acquisitions and the preliminary amount of identified assets acquired and liabilities assumed as of the acquisition date:
Year Ended December 31,
($ in millions)20242023
Cash paid, net of cash acquired$1,248.5 $1,170.1 
Contingent consideration— 7.3 
Non-controlling interest— 21.1 
Total consideration transferred$1,248.5 $1,198.5 
Year Ended December 31,
($ in millions)20242023
Accounts receivables, net$119.0 $76.2 
Inventories, net1,017.6 572.7 
Property and equipment581.4 394.8 
Operating lease right-of-use assets262.7 89.6 
Finance receivables, net— 5.7 
Goodwill20.6 233.2 
Franchise value— 193.4 
Net investment in operating leases181.5 — 
Other assets576.0 280.4 
Floor plan notes payable assumed(868.1)(353.7)
Trade payables(39.6)(47.9)
Debt and finance lease obligations assumed(22.7)(92.9)
Deferred taxes, net20.5 5.9 
Operating lease liabilities(286.2)(86.8)
Other liabilities and deferred revenue(314.2)(72.1)
Total net assets acquired and liabilities assumed$1,248.5 $1,198.5