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Unaudited Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
TOTAL REVENUE $ 4,981.8 $ 5,259.9
TOTAL COST OF SALES (excluding depreciation shown below) 4,132.6 4,417.6
TOTAL GROSS PROFIT 849.2 842.3
Selling, general, and administrative expenses 623.0 626.8
Depreciation and amortization 44.1 40.0
Other income, net (8.7) (10.3)
OPERATING INCOME 190.8 185.8
Non-operating income (expense) items:    
Floorplan interest expense (39.0) (28.3)
Other interest expense (27.8) (32.3)
Interest income 0.2 0.2
Other income, net 1.9 0.8
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 126.1 126.2
Income tax provision 34.0 32.9
NET INCOME FROM CONTINUING OPERATIONS 92.1 93.3
Income (loss) from discontinued operations, net of income taxes (0.1) 0.4
NET INCOME $ 92.0 $ 93.7
BASIC EARNINGS (LOSS) PER SHARE:    
Continuing operations (in dollars per share) [1] $ 1.02 $ 1.01
Discontinued operations (in dollars per share) [1] 0 0
Net income (in dollars per share) [1] $ 1.02 $ 1.02
Weighted average common shares outstanding (in shares) 90.5 92.1
DILUTED EARNINGS (LOSS) PER SHARE:    
Continuing operations (in dollars per share) [1] $ 1.02 $ 1.01
Discontinued operations (in dollars per share) [1] 0 0
Net income (in dollars per share) [1] $ 1.01 $ 1.01
Weighted average common shares outstanding (in shares) 90.7 92.7
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 89.2 91.3
New Vehicle [Member]    
TOTAL REVENUE $ 2,496.7 $ 2,802.3
TOTAL COST OF SALES (excluding depreciation shown below) 2,374.8 2,672.6
TOTAL GROSS PROFIT 121.9 129.7
Used Vehicle [Member]    
TOTAL REVENUE 1,339.6 1,330.5
TOTAL COST OF SALES (excluding depreciation shown below) 1,249.1 1,244.7
TOTAL GROSS PROFIT 90.5 85.8
Parts and Service [Member]    
TOTAL REVENUE 876.7 858.5
TOTAL COST OF SALES (excluding depreciation shown below) 477.8 473.0
TOTAL GROSS PROFIT 398.9 385.5
Finance and Insurance, Net [Member]    
TOTAL REVENUE 236.5 240.8
TOTAL GROSS PROFIT 236.5 240.8
Product and Service, Other [Member]    
TOTAL REVENUE 32.3 27.8
TOTAL COST OF SALES (excluding depreciation shown below) 30.9 27.3
TOTAL GROSS PROFIT $ 1.4 $ 0.5
[1] Earnings per share amounts are calculated discretely and therefore may not add up to the total due to rounding.