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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Lease Assets and Lease Liabilities
LeasesClassification20202019
Assets
Operating
Operating Lease Assets$309.5 $333.1 
Finance
Property and Equipment, Net and Other Assets102.9 82.5 
Total right-of-use assets$412.4 $415.6 
Liabilities
Current
Operating
Other Current Liabilities$38.4 $41.0 
Finance
Current Maturities of Long-Term Debt and Vehicle Floorplan Payable - Trade
27.2 26.2 
Noncurrent
Operating
Noncurrent Operating Lease Liabilities286.5 305.0 
Finance
Long-Term Debt, Net of Current Maturities107.1 87.3 
Total lease liabilities$459.2 $459.5 
Lease Term and Discount Rate20202019
Weighted average remaining lease term
Operating12 years11 years
Finance14 years13 years
Weighted-average discount rate
Operating5.17 %5.27 %
Finance6.46 %9.09 %
Net Lease Cost
Lease costClassification20202019
Operating lease costSelling, general, and administrative expenses$58.3 $60.5 
Finance lease cost:
Amortization of ROU assetsDepreciation and amortization9.8 10.8 
Interest on lease liabilities
Other interest expense and floorplan interest expense
6.9 8.8 
Short-term lease cost (1)
Selling, general, and administrative expenses7.3 9.6 
Variable lease costSelling, general, and administrative expenses7.7 6.6 
Sublease incomeSelling, general, and administrative expenses(0.5)(1.2)
Net lease cost$89.5 $95.1 
(1) Includes leases with a term of one month or less.
Cash Flow Information, Lessee
Other Information20202019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$57.0 $60.0 
Operating cash flows from finance leases (1)
$38.5 $50.8 
Financing cash flows from finance leases$15.0 $28.9 
Supplemental noncash information on adjustments to right-of-use assets, including right-of-use assets obtained in exchange for new:
Operating lease liabilities$16.8 $31.9 
Finance lease liabilities$57.6 $46.3 
(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 LiabilitiesOperating LeasesFinance Leases
Year ending December 31,
2021$54.2 $33.5 
202248.9 11.7 
202341.7 11.5 
202435.7 11.5 
202533.7 11.7 
Thereafter235.6 110.1 
Total lease payments449.8 190.0 
Less: interest(124.9)(55.7)
Present value of lease liabilities$324.9 $134.3 
Maturity of Lease Liabilities
Maturity of Lease LiabilitiesOperating LeasesFinance Leases
Year ending December 31,
2021$54.2 $33.5 
202248.9 11.7 
202341.7 11.5 
202435.7 11.5 
202533.7 11.7 
Thereafter235.6 110.1 
Total lease payments449.8 190.0 
Less: interest(124.9)(55.7)
Present value of lease liabilities$324.9 $134.3