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Unaudited Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
TOTAL REVENUE $ 6,978.4 $ 4,533.0 $ 12,882.2 $ 9,200.0
TOTAL COST OF SALES (excluding depreciation shown below) 5,652.1 3,738.0 10,523.1 7,591.8
TOTAL GROSS PROFIT 1,326.3 795.0 2,359.1 1,608.2
Selling, general, and administrative expenses 748.9 547.9 1,396.8 1,148.6
Depreciation and amortization 47.9 49.1 95.8 97.2
Goodwill impairment 0.0 0.0 0.0 318.3
Franchise rights impairment 0.0 0.0 0.0 57.5
Other (income) expense, net (0.7) (3.4) (0.6) 4.5
OPERATING INCOME (LOSS) 530.2 201.4 867.1 (17.9)
Non-operating income (expense) items:        
Floorplan interest expense (6.6) (16.3) (16.0) (41.8)
Other interest expense (20.9) (23.2) (42.1) (46.7)
Other income, net 8.9 214.6 19.9 211.7
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 511.6 376.5 828.9 105.3
Income tax provision 126.7 96.6 204.5 57.6
NET INCOME FROM CONTINUING OPERATIONS 384.9 279.9 624.4 47.7
Loss from discontinued operations, net of income taxes (0.1) (0.1) (0.2) (0.2)
NET INCOME $ 384.8 $ 279.8 $ 624.2 $ 47.5
BASIC EARNINGS (LOSS) PER SHARE:        
Continuing operations (in dollars per share) $ 4.88 $ 3.18 $ 7.71 $ 0.54
Discontinued operations (in dollars per share) 0 0 0 0
Net income (in dollars per share) $ 4.88 $ 3.18 $ 7.71 $ 0.53
Weighted average common shares outstanding (in shares) 78.9 87.9 81.0 89.0
DILUTED EARNINGS (LOSS) PER SHARE:        
Continuing operations (in dollars per share) $ 4.83 $ 3.18 $ 7.63 $ 0.54
Discontinued operations (in dollars per share) 0 0 0 0
Net income (in dollars per share) $ 4.83 $ 3.18 $ 7.63 $ 0.53
Weighted average common shares outstanding (in shares) 79.7 88.1 81.8 89.0
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 73.1 87.2 73.1 87.2
New Vehicle [Member]        
TOTAL REVENUE $ 3,428.3 $ 2,261.3 $ 6,410.6 $ 4,543.2
TOTAL COST OF SALES (excluding depreciation shown below) 3,107.8 2,141.7 5,900.1 4,327.2
TOTAL GROSS PROFIT 320.5 119.6 510.5 216.0
Used Vehicle [Member]        
TOTAL REVENUE 2,222.9 1,324.5 3,972.0 2,573.2
TOTAL COST OF SALES (excluding depreciation shown below) 2,020.2 1,207.5 3,629.1 2,365.2
TOTAL GROSS PROFIT 202.7 117.0 342.9 208.0
Parts and Service [Member]        
TOTAL REVENUE 950.8 689.9 1,801.8 1,566.2
TOTAL COST OF SALES (excluding depreciation shown below) 518.3 378.5 980.3 866.0
TOTAL GROSS PROFIT 432.5 311.4 821.5 700.2
Finance and Insurance, Net [Member]        
TOTAL REVENUE 369.0 246.4 682.0 482.2
TOTAL GROSS PROFIT 369.0 246.4 682.0 482.2
Product and Service, Other [Member]        
TOTAL REVENUE 7.4 10.9 15.8 35.2
TOTAL COST OF SALES (excluding depreciation shown below) 5.8 10.3 13.6 33.4
TOTAL GROSS PROFIT $ 1.6 $ 0.6 $ 2.2 $ 1.8