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Unaudited Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 68.5 $ 69.2
Receivables, net 691.3 740.9
Inventory 2,776.6 2,827.2
Other current assets 191.6 192.7
Total Current Assets 3,728.0 3,830.0
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $925.8 million and $883.7 million, respectively 2,272.9 2,235.3
GOODWILL 1,257.8 1,259.6
OTHER INTANGIBLE ASSETS, NET 335.0 335.1
OTHER ASSETS 277.9 254.1
Total Assets 7,871.6 7,914.1
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 2,869.1 3,029.0
Accounts payable 249.4 263.0
Current maturities of long-term debt 17.5 30.1
Other current liabilities 432.9 429.7
Total Current Liabilities 3,568.9 3,751.8
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,865.7 1,809.8
DEFERRED INCOME TAXES 124.2 116.5
OTHER LIABILITIES 187.7 174.3
COMMITMENTS AND CONTINGENCIES (Note 12)      
SHAREHOLDERS’ EQUITY:    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized; none issued 0 0
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 163,562,149 shares issued at June 30, 2014, and December 31, 2013, including shares held in treasury 1.6 1.6
Additional paid-in capital 53.8 42.8
Retained earnings 3,533.4 3,337.9
Treasury stock, at cost; 45,025,078 and 42,646,753 shares held, respectively (1,463.7) (1,320.6)
Total Shareholders’ Equity 2,125.1 2,061.7
Total Liabilities and Shareholders’ Equity 7,871.6 7,914.1
Trade [Member]
   
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 1,977.7 2,130.1
Non-Trade [Member]
   
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 891.4 $ 898.9