XML 47 R36.htm IDEA: XBRL DOCUMENT v3.24.3

Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Reportable Segment Revenues and Segment Income

The following table provides information on revenues from external customers and segment income of our reportable segments:

			Three Months Ended																		Nine Months Ended
			September 30, 2024																		September 30, 2024
			Domestic						Import						Premium Luxury						Domestic						Import						Premium Luxury
Revenues from external customers			$	1,774.9					$	2,046.2					$	2,426.0					$	5,271.0					$	6,044.5					$	7,239.3
Segment income (1)			$	62.4					$	119.2					$	154.7					$	187.9					$	356.2					$	468.2
			Three Months Ended																		Nine Months Ended
			September 30, 2023																		September 30, 2023
			Domestic						Import						Premium Luxury						Domestic						Import						Premium Luxury
Revenues from external customers			$	1,983.9					$	2,077.2					$	2,516.1					$	5,770.5					$	5,864.2					$	7,621.5
Segment income (1)			$	107.2					$	164.7					$	192.9					$	341.5					$	498.1					$	641.2
(1) Segment income represents income for each of our reportable segments and is defined as operating income less floorplan interest expense.

Reconciliation of Segment Income

The following is a reconciliation of total segment income for reportable segments to our consolidated income from continuing operations before income taxes:

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2024						2023						2024						2023
Total segment income for reportable segments			$	336.3					$	464.8					$	1,012.3					$	1,480.8
Corporate and other			(46.1)						(83.6)						(210.1)						(277.0)
Other interest expense			(44.9)						(48.8)						(136.3)						(135.9)
Other income (loss), net			2.1						(5.0)						9.0						4.6
Income from continuing operations before income taxes			$	247.4					$	327.4					$	674.9					$	1,072.5

X

- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration