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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 54.7 $ 74.1
Receivables, net 817.2 908.2
Inventory 3,661.4 3,612.0
Other current assets 130.6 115.4
Total Current Assets 4,663.9 4,709.7
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $1.1 billion and $1.0 billion, respectively 2,772.2 2,667.4
GOODWILL 1,427.3 1,394.5
OTHER INTANGIBLE ASSETS, NET 544.6 439.9
OTHER ASSETS 380.3 336.7
Total Assets 9,788.3 9,548.2
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 3,802.8 3,727.1
Accounts payable 288.4 299.9
Commercial paper 958.1 599.5
Current maturities of long-term debt 12.0 11.7
Other current liabilities 515.1 529.2
Total Current Liabilities 5,576.4 5,167.4
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,738.0 1,745.3
DEFERRED INCOME TAXES 97.5 78.6
OTHER LIABILITIES 218.2 207.6
COMMITMENTS AND CONTINGENCIES (Note 11)
SHAREHOLDERS’ EQUITY:    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized; none issued 0.0 0.0
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 120,562,149 shares issued at June 30, 2016, and December 31, 2015, including shares held in treasury 1.2 1.2
Additional paid-in capital 17.6 5.2
Retained earnings 2,910.7 2,702.8
Treasury stock, at cost; 18,410,877 and 9,758,091 shares held, respectively (771.3) (359.9)
Total Shareholders’ Equity 2,158.2 2,349.3
Total Liabilities and Shareholders’ Equity 9,788.3 9,548.2
Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 2,340.8 2,565.8
Non-Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 1,462.0 $ 1,161.3