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Segments (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Certain Information on a Segment Basis

Certain financial information including significant expense detail on a segment basis is as follows:

			Year Ended December 31,
($ in millions)			2024						2023						2022
Vehicle operations
Total revenue			$	36,188.2					$	31,042.3					$	28,187.8
Total gross profit			5,561.0						5,228.9						5,154.3
Floor plan interest expense			(278.8)						(150.9)						(38.8)
Personnel expense			(2,056.0)						(1,850.0)						(1,897.3)
Rent and facility expense			(701.2)						(552.1)						(466.7)
Advertising expense			(277.4)						(271.7)						(270.3)
Other vehicle operations expenses1			(1,047.1)						(808.8)						(625.7)
Vehicle operations income			1,200.5						1,595.4						1,855.5
Financing operations
Interest and fee income			347.8						249.4						116.3
Interest expense			(195.1)						(170.5)						(52.2)
Total interest margin			152.7						78.9						64.1
Lease income			74.6						19.1						17.8
Lease costs			(60.3)						(8.4)						(9.5)
Lease income, net			14.3						10.7						8.3
Provision expense			(106.7)						(98.8)						(44.4)
Other financing operations expenses2			(44.9)						(36.7)						(32.0)
Financing operations income (loss)			15.4						(45.9)						(4.0)
Total segment income for reportable segments			1,215.9						1,549.5						1,851.6
Corporate and other3			326.5						187.8						213.9
Depreciation and amortization			(245.6)						(195.8)						(163.2)
Other interest expense			(257.8)						(201.2)						(129.1)
Other income (expense), net			39.3						22.0						(43.2)
Income before income taxes			$	1,078.3					$	1,362.3					$	1,730.0

(1)Other vehicle operations expenses includes management fees, data processing fees, outside services fees, insurance expense, office and other supplies expense, banking expense, and certain overhead expenses.

(2)Other financing operations expenses includes personnel expense, data processing fees, outside services fees, expenses attributable to underwriting, funding, and loan servicing, and certain overhead expenses.

(3)Corporate and other includes management fee income.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table presents revenue and long-lived assets (all non-current assets except goodwill, franchise value, and other intangible assets) by geographic area:

			Year Ended December 31,
($ in millions)			2024						2023						2022
Revenue from external customers:
United States			$	28,247.0					$	27,979.6					$	27,131.0
United Kingdom			6,788.5						1,904.6						—
Canada			1,152.8						1,158.1						1,056.8
Total revenue from external customers			$	36,188.2					$	31,042.3					$	28,187.8
Long-lived assets, net:
United States			$	10,129.6					$	8,665.1					$	6,837.7
United Kingdom			1,360.4						552.4						—
Canada			429.3						436.1						427.1
Total long-lived assets			$	11,919.3					9,653.6						$	7,264.8

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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