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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 53.1 $ 69.2
Receivables, net 854.5 1,111.0
Inventory 3,587.0 3,365.6
Other current assets 209.3 251.7
Total Current Assets 4,703.9 4,797.5
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $1.3 billion and $1.2 billion, respectively 3,023.1 2,962.7
GOODWILL 1,508.1 1,515.0
OTHER INTANGIBLE ASSETS, NET 579.3 586.8
OTHER ASSETS 474.2 409.5
Total Assets 10,288.6 10,271.5
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 3,839.9 3,806.9
Accounts payable 275.1 309.8
Commercial paper 690.0 330.0
Current maturities of long-term debt 12.0 414.5
Other current liabilities 659.4 774.5
Total Current Liabilities 5,476.4 5,635.7
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,958.1 1,959.2
DEFERRED INCOME TAXES 76.8 71.9
OTHER LIABILITIES 276.7 235.4
COMMITMENTS AND CONTINGENCIES (Note 12)
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; 102,562,149 shares issued at June 30, 2018, and December 31, 2017, including shares held in treasury 1.0 1.0
Additional paid-in capital 18.9 4.0
Retained earnings 3,033.6 2,832.2
Treasury stock, at cost; 12,743,099 and 11,002,298 shares held, respectively (552.9) (467.9)
Total Shareholders’ Equity 2,500.6 2,369.3
Total Liabilities and Shareholders’ Equity 10,288.6 10,271.5
Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 2,301.7 2,179.1
Non-Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 1,538.2 $ 1,627.8