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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:      
TOTAL REVENUE $ 21,609.0 $ 20,862.0 $ 19,108.8
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 18,295.8 17,600.5 16,120.1
Gross Profit:      
TOTAL GROSS PROFIT 3,313.2 3,261.5 2,988.7
Selling, general, and administrative expenses 2,349.4 2,263.5 2,079.6
Depreciation and amortization 143.4 127.4 106.9
Franchise rights impairment 0.0 15.4 0.0
Other income, net (69.1) (17.9) (18.6)
OPERATING INCOME 889.5 873.1 820.8
Non-operating income (expense) items:      
Floorplan interest expense (76.5) (58.3) (53.3)
Other interest expense (115.5) (90.9) (86.7)
Loss on debt extinguishment 0.0 0.0 (1.6)
Interest income 1.1 0.1 0.2
Other income (loss), net 3.7 (1.3) 2.9
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 702.3 722.7 682.3
Income tax provision 270.6 279.0 262.5
NET INCOME FROM CONTINUING OPERATIONS 431.7 443.7 419.8
Loss from discontinued operations, net of income taxes (1.2) (1.1) (1.1)
NET INCOME $ 430.5 $ 442.6 $ 418.7
BASIC EARNINGS (LOSS) PER SHARE:      
Continuing operations (in dollars per share) $ 4.19 $ 3.94 $ 3.58
Discontinued operations (in dollars per share) (0.01) (0.01) (0.01)
Net income (in dollars per share) $ 4.18 $ 3.93 $ 3.57
Weighted average common shares outstanding (in shares) 103.1 112.7 117.3
DILUTED EARNINGS (LOSS) PER SHARE:      
Continuing operations (in dollars per share) $ 4.16 $ 3.90 $ 3.53
Discontinued operations (in dollars per share) (0.01) (0.01) (0.01)
Net income (in dollars per share) $ 4.15 $ 3.89 $ 3.52
Weighted average common shares outstanding (in shares) 103.8 113.9 118.9
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 100.7 110.8 113.3
New Vehicle [Member]      
Revenue:      
TOTAL REVENUE $ 12,255.8 $ 11,995.0 $ 10,972.2
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 11,620.0 11,321.9 10,322.1
Gross Profit:      
TOTAL GROSS PROFIT 635.8 673.1 650.1
Used Vehicle [Member]      
Revenue:      
TOTAL REVENUE 4,995.3 4,768.7 4,385.7
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 4,677.7 4,415.0 4,025.1
Gross Profit:      
TOTAL GROSS PROFIT 317.6 353.7 360.6
Parts and Service [Member]      
Revenue:      
TOTAL REVENUE 3,321.4 3,082.8 2,822.5
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 1,886.7 1,744.8 1,625.9
Gross Profit:      
TOTAL GROSS PROFIT 1,434.7 1,338.0 1,196.6
Finance and Insurance, Net [Member]      
Revenue:      
TOTAL REVENUE 894.6 868.7 750.8
Gross Profit:      
TOTAL GROSS PROFIT 894.6 868.7 750.8
Other Goods and Services [Member]      
Revenue:      
TOTAL REVENUE 141.9 146.8 177.6
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 111.4 118.8 147.0
Gross Profit:      
TOTAL GROSS PROFIT $ 30.5 $ 28.0 $ 30.6