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Unaudited Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
TOTAL REVENUE $ 6,480.4 $ 6,890.1 $ 12,966.1 $ 13,288.8
TOTAL COST OF SALES 5,317.3 5,554.8 10,605.1 10,667.1
TOTAL GROSS PROFIT 1,163.1 1,335.3 2,361.0 2,621.7
Selling, general, and administrative expenses 825.8 842.9 1,618.9 1,625.6
Depreciation and amortization 59.9 54.6 118.2 107.4
Other (income) expense, net 2.4 (1.4) 8.6 6.2
OPERATING INCOME 275.0 439.2 615.3 882.5
Non-operating income (expense) items:        
Floorplan interest expense (53.9) (32.8) (103.3) (59.9)
Other interest expense (46.8) (46.0) (91.4) (87.1)
Other income (loss), net (0.1) 4.4 6.9 9.6
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 174.2 364.8 427.5 745.1
Income tax provision 44.0 92.3 107.2 184.8
NET INCOME FROM CONTINUING OPERATIONS 130.2 272.5 320.3 560.3
Income from discontinued operations, net of income taxes 0.0 0.0 0.0 0.9
NET INCOME $ 130.2 $ 272.5 $ 320.3 $ 561.2
BASIC EARNINGS PER SHARE:        
Continuing operations (in dollars per share) [1] $ 3.22 $ 6.06 $ 7.77 $ 12.15
Discontinued operations (in dollars per share) [1] 0 0 0 0.02
Net income (in dollars per share) [1] $ 3.22 $ 6.06 $ 7.77 $ 12.17
Weighted average common shares outstanding (in shares) 40.4 45.0 41.2 46.1
DILUTED EARNINGS PER SHARE:        
Continuing operations (in dollars per share) [1] $ 3.20 $ 6.02 $ 7.72 $ 12.08
Discontinued operations (in dollars per share) [1] 0 0 0 0.02
Net income (in dollars per share) [1] $ 3.20 $ 6.02 $ 7.72 $ 12.09
Weighted average common shares outstanding (in shares) 40.7 45.3 41.5 46.4
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 39.7 44.0 39.7 44.0
New vehicle        
TOTAL REVENUE $ 3,122.5 $ 3,281.0 $ 6,101.8 $ 6,212.9
TOTAL COST OF SALES 2,932.1 2,993.3 5,715.5 5,638.3
TOTAL GROSS PROFIT 190.4 287.7 386.3 574.6
Used vehicle        
TOTAL REVENUE 1,911.1 2,088.0 3,907.2 4,120.6
TOTAL COST OF SALES 1,799.7 1,953.7 3,684.3 3,831.9
TOTAL GROSS PROFIT 111.4 134.3 222.9 288.7
Parts and service        
TOTAL REVENUE 1,117.1 1,145.3 2,289.5 2,235.1
TOTAL COST OF SALES 580.5 602.8 1,197.1 1,181.5
TOTAL GROSS PROFIT 536.6 542.5 1,092.4 1,053.6
Finance and insurance, net        
TOTAL REVENUE 324.0 369.5 658.7 701.9
TOTAL GROSS PROFIT 324.0 369.5 658.7 701.9
Other        
TOTAL REVENUE 5.7 6.3 8.9 18.3
TOTAL COST OF SALES 5.0 5.0 8.2 15.4
TOTAL GROSS PROFIT $ 0.7 $ 1.3 $ 0.7 $ 2.9
[1]
(1) EPS amounts are calculated discretely and, therefore, may not add up to the total due to rounding.