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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 62.2 $ 74.1
Receivables, net 788.3 908.2
Inventory 3,448.0 3,612.0
Other current assets 123.4 115.4
Total Current Assets 4,421.9 4,709.7
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $1.1 billion and $1.0 billion, respectively 2,807.6 2,667.4
GOODWILL 1,492.4 1,394.5
OTHER INTANGIBLE ASSETS, NET 581.0 439.9
OTHER ASSETS 384.1 336.7
Total Assets 9,687.0 9,548.2
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 3,539.5 3,727.1
Accounts payable 304.0 299.9
Commercial paper 975.0 599.5
Current maturities of long-term debt 13.3 11.7
Other current liabilities 566.1 529.2
Total Current Liabilities 5,397.9 5,167.4
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,769.5 1,745.3
DEFERRED INCOME TAXES 89.3 78.6
OTHER LIABILITIES 209.5 207.6
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 September 30, 2016, and December 31, 2015, including shares held in treasury 1.2 1.2
Additional paid-in capital 18.0 5.2
Retained earnings 3,018.0 2,702.8
Treasury stock, at cost; 19,323,697 and 9,758,091 shares held, respectively (816.4) (359.9)
Total Shareholders’ Equity 2,220.8 2,349.3
Total Liabilities and Shareholders’ Equity 9,687.0 9,548.2
Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 2,096.6 2,565.8
Non-Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 1,442.9 $ 1,161.3