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Unaudited Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
Net income $ 362.1 $ 239.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from discontinued operations 0.0 0.1
Depreciation and amortization 50.0 47.9
Amortization of debt issuance costs and accretion of debt discounts 1.4 1.1
Stock-based compensation expense 15.9 20.8
Deferred income tax provision (benefit) 3.2 (19.6)
Net gain related to business/property dispositions (0.3) (0.7)
Non-cash impairment charges 0.4 1.0
Loss (gain) on equity investments 0.1 (7.5)
Other 6.7 (3.1)
(Increase) decrease, net of effects from business acquisitions and divestitures:    
Receivables (18.2) (38.3)
Inventory 142.6 343.9
Other assets 14.6 (8.2)
Increase (decrease), net of effects from business acquisitions and divestitures:    
Vehicle floorplan payable - trade (43.3) (256.5)
Accounts payable (6.6) 76.8
Other liabilities 114.6 129.3
Net cash provided by continuing operations 643.2 526.4
Net cash used in discontinued operations 0.0 (0.1)
Net cash provided by operating activities 643.2 526.3
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Purchases of property and equipment (56.6) (41.3)
Insurance recoveries on property and equipment 0.3 0.0
Cash received from business divestitures, net of cash relinquished 0.0 1.9
Proceeds from the sale of equity securities 0.0 109.4
Other (2.7) 0.6
Net cash provided by (used in) continuing operations (59.0) 70.6
Net cash provided by (used in) discontinued operations 0.0 0.0
Net cash provided by (used in) investing activities (59.0) 70.6
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES:    
Repurchases of common stock (342.3) (310.7)
Proceeds from 3.85% Senior Notes due 2032 698.8 0.0
Payment of 3.35% Senior Notes due 2021 0.0 (300.0)
Net payments of commercial paper (340.0) 0.0
Payment of debt issuance costs (6.4) 0.0
Net payments of vehicle floorplan payable - non-trade (15.1) (206.1)
Payments of other debt obligations (3.0) (3.8)
Proceeds from the exercise of stock options 0.9 21.2
Payments of tax withholdings for stock-based awards (29.4) (17.1)
Net cash used in continuing operations (36.5) (816.5)
Net cash used in discontinued operations 0.0 0.0
Net cash used in financing activities (36.5) (816.5)
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 547.7 (219.6)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH at beginning of period 60.6 569.7
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH at end of period $ 608.3 $ 350.1