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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 442,900,000 $ 60,400,000
Receivables, net 649,400,000 730,000,000.0
Inventory 1,851,300,000 1,847,900,000
Other current assets 131,400,000 173,400,000
Total Current Assets 3,075,000,000 2,811,700,000
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $1.9 billion and $1.8 billion, respectively 3,499,300,000 3,419,500,000
OPERATING LEASE ASSETS 307,100,000 284,000,000.0
GOODWILL 1,233,300,000 1,235,300,000
OTHER INTANGIBLE ASSETS, NET 742,400,000 743,500,000
OTHER ASSETS 558,200,000 449,600,000
Total Assets 9,415,300,000 8,943,600,000
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 1,624,800,000 1,457,600,000
Accounts payable 343,700,000 395,900,000
Commercial paper 0 340,000,000.0
Current maturities of long-term debt 11,800,000 12,200,000
Accrued payroll and benefits 295,500,000 279,900,000
Other current liabilities 659,600,000 574,200,000
Total Current Liabilities 2,935,400,000 3,059,800,000
LONG-TERM DEBT, NET OF CURRENT MATURITIES 3,532,800,000 2,846,200,000
NONCURRENT OPERATING LEASE LIABILITIES 282,200,000 260,100,000
DEFERRED INCOME TAXES 83,600,000 78,200,000
OTHER LIABILITIES 326,100,000 322,300,000
COMMITMENTS AND CONTINGENCIES (Note 14)
SHAREHOLDERS’ EQUITY:    
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 86,562,149 shares issued at September 30, 2022, and December 31, 2021, including shares held in treasury 800,000 800,000
Additional paid-in capital 9,300,000 3,200,000
Retained earnings 5,672,800,000 4,639,900,000
Treasury stock, at cost; 34,300,989 and 23,951,543 shares held, respectively (3,427,700,000) (2,266,900,000)
Total Shareholders’ Equity 2,255,200,000 2,377,000,000
Total Liabilities and Shareholders’ Equity 9,415,300,000 8,943,600,000
Trade    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 609,500,000 489,900,000
Non-Trade    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 1,015,300,000 $ 967,700,000