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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 52.6 $ 69.2
Receivables, net 800.5 1,111.0
Inventory 3,381.3 3,365.6
Other current assets 203.4 251.7
Total Current Assets 4,437.8 4,797.5
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $1.3 billion and $1.2 billion, respectively 3,085.5 2,962.7
GOODWILL 1,516.1 1,515.0
OTHER INTANGIBLE ASSETS, NET 595.7 586.8
OTHER ASSETS 484.7 409.5
Total Assets 10,119.8 10,271.5
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 3,603.3 3,806.9
Accounts payable 274.4 309.8
Commercial paper 600.0 330.0
Current maturities of long-term debt 5.3 414.5
Other current liabilities 688.1 774.5
Total Current Liabilities 5,171.1 5,635.7
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,962.1 1,959.2
DEFERRED INCOME TAXES 87.5 71.9
OTHER LIABILITIES 281.1 235.4
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 September 30, 2018, and December 31, 2017, including shares held in treasury 1.0 1.0
Additional paid-in capital 19.7 4.0
Retained earnings 3,145.6 2,832.2
Treasury stock, at cost; 12,636,903 and 11,002,298 shares held, respectively (548.3) (467.9)
Total Shareholders’ Equity 2,618.0 2,369.3
Total Liabilities and Shareholders’ Equity 10,119.8 10,271.5
Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 2,107.6 2,179.1
Non-Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 1,495.7 $ 1,627.8