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v3.22.4

Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Reportable Segment Information | The following tables provide information on revenues from external customers, segment income of our reportable segments, floorplan interest expense, depreciation and amortization, total assets, and capital expenditures.
|  | Year Ended December 31, 2022
|  | Domestic |  | Import |  | Premium Luxury |  | Corporate and other |  | Total
Revenues from external customers |  | $ | 7,987.5 |  |  | $ | 7,690.3 |  |  | $ | 10,278.1 |  |  | $ | 1,029.1 |  |  | $ | 26,985.0 |
Floorplan interest expense |  | $ | 14.4 |  |  | $ | 4.8 |  |  | $ | 15.0 |  |  | $ | 7.2 |  |  | $ | 41.4 |
Depreciation and amortization |  | $ | 39.1 |  |  | $ | 35.6 |  |  | $ | 74.9 |  |  | $ | 50.7 |  |  | $ | 200.3 |
Segment income (loss)(1) |  | $ | 565.3 |  |  | $ | 734.2 |  |  | $ | 969.1 |  |  | $ | (285.5) |  |  | $ | 1,983.1 |
Capital expenditures |  | $ | 32.8 |  |  | $ | 70.1 |  |  | $ | 126.5 |  |  | $ | 106.8 |  |  | $ | 336.2 |
Segment assets |  | $ | 1,974.3 |  |  | $ | 1,555.6 |  |  | $ | 2,996.8 |  |  | $ | 3,533.0 |  |  | $ | 10,059.7 |
|  | Year Ended December 31, 2021
|  | Domestic |  | Import |  | Premium Luxury |  | Corporate and other |  | Total
Revenues from external customers |  | $ | 7,959.9 |  |  | $ | 7,798.5 |  |  | $ | 9,229.9 |  |  | $ | 855.7 |  |  | $ | 25,844.0 |
Floorplan interest expense |  | $ | 7.9 |  |  | $ | 5.1 |  |  | $ | 8.8 |  |  | $ | 3.9 |  |  | $ | 25.7 |
Depreciation and amortization |  | $ | 39.3 |  |  | $ | 33.9 |  |  | $ | 64.8 |  |  | $ | 55.3 |  |  | $ | 193.3 |
Segment income (loss)(1) |  | $ | 595.8 |  |  | $ | 714.7 |  |  | $ | 837.4 |  |  | $ | (270.8) |  |  | $ | 1,877.1 |
Capital expenditures |  | $ | 15.5 |  |  | $ | 27.1 |  |  | $ | 80.0 |  |  | $ | 109.3 |  |  | $ | 231.9 |
Segment assets |  | $ | 1,758.5 |  |  | $ | 1,424.2 |  |  | $ | 2,668.6 |  |  | $ | 3,092.3 |  |  | $ | 8,943.6 |
|  | Year Ended December 31, 2020
|  | Domestic |  | Import |  | Premium Luxury |  | Corporate and other |  | Total
Revenues from external customers |  | $ | 6,490.6 |  |  | $ | 5,988.0 |  |  | $ | 7,202.8 |  |  | $ | 708.6 |  |  | $ | 20,390.0 |
Floorplan interest expense |  | $ | 23.8 |  |  | $ | 12.9 |  |  | $ | 21.8 |  |  | $ | 5.3 |  |  | $ | 63.8 |
Depreciation and amortization |  | $ | 39.8 |  |  | $ | 33.6 |  |  | $ | 60.5 |  |  | $ | 65.0 |  |  | $ | 198.9 |
Segment income (loss)(1) |  | $ | 355.2 |  |  | $ | 386.4 |  |  | $ | 478.2 |  |  | $ | (720.4) |  |  | $ | 499.4 |
Capital expenditures |  | $ | 17.9 |  |  | $ | 25.7 |  |  | $ | 51.6 |  |  | $ | 42.0 |  |  | $ | 137.2 |
Segment assets |  | $ | 2,130.0 |  |  | $ | 1,764.7 |  |  | $ | 2,752.5 |  |  | $ | 3,240.0 |  |  | $ | 9,887.2 |
(1) Segment income represents income for each of our reportable segments and is defined as operating income less floorplan interest expense.
Reconciliation of Reportable Segment Revenue to Total Consolidated Revenue | The following is a reconciliation of the total of the reportable segments’ revenue and segment income to our consolidated revenue and income from continuing operations before income taxes, respectively.
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Total external revenues for reportable segments | $ | 25,955.9 |  |  | $ | 24,988.3 |  |  | $ | 19,681.4 |
Corporate and other revenues | 1,029.1 |  |  | 855.7 |  |  | 708.6 |
Total consolidated revenues | $ | 26,985.0 |  |  | $ | 25,844.0 |  |  | $ | 20,390.0 |
Reconciliation of Reportable Segment Income to Income from Continuing Operations Before Income Taxes |
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Total segment income for reportable segments | $ | 2,268.6 |  |  | $ | 2,147.9 |  |  | $ | 1,219.8 |
Corporate and other | (285.5) |  |  | (270.8) |  |  | (720.4) |
Other interest expense | (134.9) |  |  | (93.0) |  |  | (93.7) |
Other income (loss), net | (14.7) |  |  | 24.3 |  |  | 144.4 |
Income from continuing operations before income taxes | $ | 1,833.5 |  |  | $ | 1,808.4 |  |  | $ | 550.1 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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