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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 688.0 $ 602.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 239.5 219.7
Stock-based compensation 45.1 44.1
Net loss on disposal of other assets 3.9 3.8
Net gain on disposal of stores (17.7) (0.3)
Unrealized investment gain, net (12.1) (27.6)
Deferred income taxes 102.6 86.9
Amortization of operating lease right-of-use assets 67.2 70.6
Decrease (increase) (net of acquisitions and dispositions):    
Accounts receivable, net 55.5 44.7
Inventories 44.8 (324.3)
Finance receivables (671.3) (524.2)
Other assets (263.8) (115.2)
Increase (decrease) (net of acquisitions and dispositions):    
Floor plan notes payable (151.0) 325.0
Trade payables (7.4) (26.7)
Accrued liabilities 52.8 (6.2)
Other long-term liabilities and deferred revenue 56.9 (9.6)
Net cash provided by operating activities 233.0 363.3
Cash flows from investing activities:    
Capital expenditures (257.7) (271.9)
Proceeds from sales of assets 30.5 5.3
Net cash used for other investments (12.7) (329.1)
Cash paid for acquisitions, net of cash acquired (417.6) (1,247.0)
Proceeds from sales of stores 178.1 21.9
Net cash used in investing activities (479.4) (1,820.8)
Cash flows from financing activities:    
Borrowings on floor plan notes payable, net: non-trade 73.3 280.1
Borrowings on lines of credit 11,707.1 10,325.4
Repayments on lines of credit (11,575.1) (9,627.0)
Principal payments on long-term debt and finance lease liabilities, scheduled (29.6) (29.0)
Principal payments on long-term debt and finance lease liabilities, other (15.7) (48.2)
Proceeds from issuance of long-term debt 741.0 279.5
Principal payments on non-recourse notes payable (959.0) (661.6)
Proceeds from issuance of non-recourse notes payable 1,095.3 739.0
Payment of debt issuance costs (11.7) (7.6)
Proceeds from issuance of common stock 21.0 21.2
Repurchase of common stock (662.3) (273.2)
Dividends paid (42.1) (42.4)
Payment of contingent consideration related to acquisitions (9.4) (12.0)
Other financing activity (68.3) (64.0)
Net cash provided by financing activities 264.5 880.2
Effect of exchange rate changes on cash, restricted cash, and cash equivalents 4.7 3.9
Increase (decrease) in cash, restricted cash, and cash equivalents 22.8 (573.4)
Cash, restricted cash, and cash equivalents at beginning of year 445.8 972.0
Cash, restricted cash, and cash equivalents at end of period 468.6 398.6
Reconciliation of cash, restricted cash, and cash equivalents to the consolidated balance sheets    
Cash and cash equivalents 206.5 209.8
Restricted cash from collections on auto loans receivable and customer deposits 210.6 149.7
Cash, restricted cash, and cash equivalents 417.1 359.5
Restricted cash on deposit in reserve accounts, included in other non-current assets 51.5 39.1
Total cash, restricted cash, and cash equivalents reported in the Consolidated Statements of Cash Flows 468.6 398.6
Supplemental cash flow information:    
Cash paid during the period for interest 524.7 546.5
Cash paid during the period for income taxes, net 137.9 149.8
Debt paid in connection with store disposals 40.8 13.1
Non-cash activities:    
Debt assumed in connection with acquisitions 0.0 868.1
Acquisition of finance leases in connection with acquisitions 0.0 22.7
Right-of-use assets obtained in exchange for lease liabilities 30.8 310.7
Unsettled repurchases of common stock and excise taxes $ 16.1 $ 0.0