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Unaudited Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
TOTAL REVENUE $ 6,379.5 $ 5,404.9 $ 19,261.7 $ 14,604.9
TOTAL COST OF SALES (excluding depreciation shown below) 5,107.6 4,433.4 15,630.7 12,025.2
TOTAL GROSS PROFIT 1,271.9 971.5 3,631.0 2,579.7
Selling, general, and administrative expenses 723.7 641.4 2,120.5 1,790.0
Depreciation and amortization 47.6 51.8 143.4 149.0
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 (2.7) 6.6 (3.3) 11.1
OPERATING INCOME 503.3 271.7 1,370.4 253.8
Non-operating income (expense) items:        
Floorplan interest expense (4.9) (11.1) (20.9) (52.9)
Other interest expense (24.1) (23.6) (66.2) (70.3)
Other income (loss), net (0.8) 6.5 19.1 218.2
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 473.5 243.5 1,302.4 348.8
Income tax provision 111.8 60.9 316.3 118.5
NET INCOME FROM CONTINUING OPERATIONS 361.7 182.6 986.1 230.3
Loss from discontinued operations, net of income taxes 0.0 0.0 (0.2) (0.2)
NET INCOME $ 361.7 $ 182.6 $ 985.9 $ 230.1
BASIC EARNINGS (LOSS) PER SHARE:        
Continuing operations (in dollars per share) $ 5.17 $ 2.07 $ 12.76 $ 2.59
Discontinued operations (in dollars per share) 0 0 0 0
Net income (in dollars per share) $ 5.17 $ 2.07 $ 12.75 $ 2.59
Weighted average common shares outstanding (in shares) 69.9 88.3 77.3 88.8
DILUTED EARNINGS (LOSS) PER SHARE:        
Continuing operations (in dollars per share) $ 5.12 $ 2.05 $ 12.63 $ 2.59
Discontinued operations (in dollars per share) 0 0 0 0
Net income (in dollars per share) $ 5.12 $ 2.05 $ 12.62 $ 2.59
Weighted average common shares outstanding (in shares) 70.7 88.9 78.1 89.0
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 65.5 87.8 65.5 87.8
New Vehicle [Member]        
TOTAL REVENUE $ 2,753.8 $ 2,748.4 $ 9,164.4 $ 7,291.6
TOTAL COST OF SALES (excluding depreciation shown below) 2,434.2 2,581.2 8,334.3 6,908.4
TOTAL GROSS PROFIT 319.6 167.2 830.1 383.2
Used Vehicle [Member]        
TOTAL REVENUE 2,323.2 1,516.9 6,295.2 4,090.1
TOTAL COST OF SALES (excluding depreciation shown below) 2,146.2 1,370.0 5,775.3 3,735.2
TOTAL GROSS PROFIT 177.0 146.9 519.9 354.9
Parts and Service [Member]        
TOTAL REVENUE 943.7 852.8 2,745.5 2,419.0
TOTAL COST OF SALES (excluding depreciation shown below) 518.9 477.6 1,499.2 1,343.6
TOTAL GROSS PROFIT 424.8 375.2 1,246.3 1,075.4
Finance and Insurance, Net [Member]        
TOTAL REVENUE 348.9 281.2 1,030.9 763.4
TOTAL GROSS PROFIT 348.9 281.2 1,030.9 763.4
Product and Service, Other [Member]        
TOTAL REVENUE 9.9 5.6 25.7 40.8
TOTAL COST OF SALES (excluding depreciation shown below) 8.3 4.6 21.9 38.0
TOTAL GROSS PROFIT $ 1.6 $ 1.0 $ 3.8 $ 2.8