XML 45 R30.htm IDEA: XBRL DOCUMENT
v3.19.3

Leases Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Leases [Abstract] |
Lease Assets and Lease Liabilities |
Leases |  | Classification |  | September 30, 2019
Assets |  |  |  |
Operating |  | Operating Lease Assets |  | $ | 328.8 |
Finance |  | Property and Equipment, Net and Other Assets |  | 99.6 |
Total right-of-use assets |  |  |  | $ | 428.4 |
Liabilities |  |  |  |
Current |  |  |  |
Operating |  | Other Current Liabilities |  | $ | 39.8 |
Finance |  | Current Maturities of Long-Term Debt and Vehicle Floorplan Payable - Trade |  | 67.1 |
Noncurrent |  |  |  |
Operating |  | Noncurrent Operating Lease Liabilities |  | 302.5 |
Finance |  | Long-Term Debt, Net of Current Maturities |  | 85.1 |
Total lease liabilities |  |  |  | $ | 494.5 |
Lease Term and Discount Rate |  | September 30, 2019
Weighted average remaining lease term |  |
Operating |  | 11 years |
Finance |  | 9 years |
Weighted-average discount rate |  |
Operating |  | 5.29 | %
Finance |  | 8.25 | %
Net Lease Cost |
|  |  |  | Three Months Ended |  | Nine Months Ended
Lease cost |  | Classification |  | September 30, 2019 |  | September 30, 2019
Operating lease cost |  | Selling, general, and administrative expenses |  | $ | 14.8 |  |  | $ | 45.6 |
Finance lease cost: |  |  |  |  |  |
Amortization of ROU assets |  | Depreciation and amortization |  | 2.6 |  |  | 8.2 |
Interest on lease liabilities |  | Other interest expense and floorplan interest expense |  | 2.2 |  |  | 6.7 |
Short-term lease cost (1) |  | Selling, general, and administrative expenses |  | 2.2 |  |  | 7.8 |
Variable lease cost |  | Selling, general, and administrative expenses |  | 1.7 |  |  | 4.4 |
Sublease income |  | Selling, general, and administrative expenses |  | (0.2 | ) |  | (1.0 | )
Net lease cost |  |  |  | $ | 23.3 |  |  | $ | 71.7 |
(1) Includes leases with a term of one month or less. |  |
Cash Flow Information, Lessee |
|  | Nine Months Ended
Other Information |  | September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities |  |
Operating cash flows from operating leases |  | $ | 45.4 |
Operating cash flows from finance leases (1) |  | $ | 37.9 |
Financing cash flows from finance leases |  | $ | 4.3 |
Right-of-use assets obtained in exchange for new: |  |
Operating lease liabilities |  | $ | 17.2 |
Finance lease liabilities |  | $ | 34.0 |
(1) Includes the interest component of payments made on finance leases as well as principal payments on vehicle floorplan payables with trade lenders for certain service loaner vehicle leases.
Maturity of Lease Liabilities |
Maturity of Lease Liabilities |  | Operating Leases |  | Finance Leases
Twelve months ending September 30, |  |  |  |
2020 |  | $ | 56.8 |  |  | $ | 74.1 |
2021 |  | 51.4 |  |  | 10.7 |
2022 |  | 46.6 |  |  | 10.7 |
2023 |  | 40.1 |  |  | 10.4 |
2024 |  | 34.5 |  |  | 10.7 |
Thereafter |  | 233.9 |  |  | 99.9 |
Total lease payments |  | 463.3 |  |  | 216.5 |
Less: interest |  | (121.0 | ) |  | (64.3 | )
Present value of lease liabilities |  | $ | 342.3 |  |  | $ | 152.2 |
Maturity of Lease Liabilities |
Maturity of Lease Liabilities |  | Operating Leases |  | Finance Leases
Twelve months ending September 30, |  |  |  |
2020 |  | $ | 56.8 |  |  | $ | 74.1 |
2021 |  | 51.4 |  |  | 10.7 |
2022 |  | 46.6 |  |  | 10.7 |
2023 |  | 40.1 |  |  | 10.4 |
2024 |  | 34.5 |  |  | 10.7 |
Thereafter |  | 233.9 |  |  | 99.9 |
Total lease payments |  | 463.3 |  |  | 216.5 |
Less: interest |  | (121.0 | ) |  | (64.3 | )
Present value of lease liabilities |  | $ | 342.3 |  |  | $ | 152.2 |
Future Minimum Lease Obligations Under ASC 840 | The following table provides the future minimum lease obligations for leases with initial terms in excess of one year as presented in our Annual Report on Form 10-K for the year ended December 31, 2018 in accordance with ASC 840:
Maturity of Lease Liabilities |  | Operating Leases(1) |  | Capital Leases
Twelve months ending December 31, |  |  |  |
2019 |  | $ | 61.2 |  |  | $ | 35.7 |
2020 |  | 51.0 |  |  | 10.4 |
2021 |  | 46.1 |  |  | 10.1 |
2022 |  | 42.1 |  |  | 10.2 |
2023 |  | 36.6 |  |  | 10.1 |
Thereafter |  | 258.4 |  |  | 108.7 |
Total minimum lease payments |  | $ | 495.4 |  |  | $ | 185.2 |
Less: amounts representing interest |  |  |  | (69.5 | )
|  |  |  | $ | 115.7 |
(1) Future minimum operating lease payments do not reflect future minimum sublease income of $2.2 million. Additionally, operating leases that are on a month-to-month basis are not included.

X
- Definition Tabular disclosure of cash paid for amounts included in the measurement of lease liabilities, as well as right-of-use assets obtained in exchange for new lease liabilities. + References No definition available. + Details
Name: | an_CashFlowActivitiesLesseeTableTextBlock
Namespace Prefix: | an_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of operating lease assets, operating lease liabilities, finance lease assets, and finance lease liabilities. + References No definition available. + Details
Name: | an_LeaseassetsandleaseliabilitiesTableTextBlock
Namespace Prefix: | an_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease obligations for leases with initial terms in excess of one year under capital leases and operating leases in accordance with ASC 840. + References No definition available. + Details
Name: | an_ScheduleOfFutureMinimumRentalPaymentsForOperatingAndCapitalLeasesTableTextBlock
Namespace Prefix: | an_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration