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Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Reportable Segment Revenues

The following table provides information on revenues from external customers, intercompany revenues, and segment income of our reportable segments. Intercompany sales, which are eliminated in consolidation, may be based on current market prices, current fair values, or cost plus margin depending on the product type and the markets in which the products are sold.

	Three Months Ended												Three Months Ended
	September 30, 2018												September 30, 2017
	Domestic				Import				Premium Luxury				Domestic				Import				Premium Luxury
Revenues from external customers	$	1,789.7			$	1,770.6			$	1,668.8			$	1,912.4			$	1,789.7			$	1,634.3
Intercompany revenues	$	121.4			$	89.5			$	110.9			$	139.2			$	88.2			$	109.9
Segment income (1)	$	67.2			$	85.3			$	76.9			$	69.0			$	81.0			$	78.8
	Nine Months Ended												Nine Months Ended
	September 30, 2018												September 30, 2017
	Domestic				Import				Premium Luxury				Domestic				Import				Premium Luxury
Revenues from external customers	$	5,389.5			$	5,140.2			$	5,116.8			$	5,557.7			$	5,123.5			$	4,894.9
Intercompany revenues	$	395.6			$	257.0			$	328.3			$	417.9			$	278.2			$	345.6
Segment income (1)	$	194.6			$	236.2			$	249.5			$	190.5			$	227.9			$	243.3
(1) Segment income represents income for each of our reportable segments and is defined as operating income less floorplan interest expense.

Reportable Segment Income

The following is a reconciliation of total segment income for reportable segments to our consolidated income from continuing operations before income taxes.

	Three Months Ended								Nine Months Ended
	September 30,								September 30,
	2018				2017				2018				2017
Total segment income for reportable segments	$	229.4			$	228.8			$	680.3			$	661.7
Corporate and other	(58.5		)		(42.7		)		(193.1		)		(118.3		)
Other interest expense	(28.4		)		(30.0		)		(90.4		)		(88.0		)
Interest income	0.3				0.2				0.8				0.8
Other income, net	2.3				1.6				3.3				6.4
Income from continuing operations before income taxes	$	145.1			$	157.9			$	400.9			$	462.6

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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