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Revenues (Tables)
 12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenues Disaggregated by Revenue Source and Geographical Segment
The following tables present the Company's revenues disaggregated by its geographical segments (in millions):
 
 
Year Ended December 31, 2019
 
 
U.S.
 
U.K.
 
Brazil
 
Total
New vehicle retail sales
 
$
4,832.2

 
$
1,195.1

 
$
286.8

 
$
6,314.1

Used vehicle retail sales
 
2,509.9

 
771.3

 
85.4

 
3,366.6

Used vehicle wholesale sales
 
174.5

 
162.3

 
18.3

 
355.2

Total new and used vehicle sales
 
7,516.6

 
2,128.7

 
390.6

 
10,035.9

Parts and service sales (1)
 
1,234.4

 
227.9

 
47.6

 
1,510.0

Finance, insurance and other, net (2)
 
433.2

 
57.0

 
7.6

 
497.9

Total revenues
 
$
9,184.2

 
$
2,413.7

 
$
445.9

 
$
12,043.8

 
 
Year Ended December 31, 2018
 
 
U.S.
 
U.K.
 
Brazil
 
Total
New vehicle retail sales
 
$
4,682.8

 
$
1,217.1

 
$
281.4

 
$
6,181.4

Used vehicle retail sales
 
2,307.0

 
771.7

 
87.4

 
3,166.1

Used vehicle wholesale sales
 
178.9

 
173.8

 
16.9

 
369.6

Total new and used vehicle sales
 
7,168.7

 
2,162.6

 
385.7

 
9,717.0

Parts and service sales (1)
 
1,153.3

 
217.6

 
46.0

 
1,416.9

Finance, insurance and other, net (2)
 
401.3

 
57.2

 
9.0

 
467.5

Total revenues
 
$
8,723.3

 
$
2,437.4

 
$
440.7

 
$
11,601.4

 
 
Year Ended December 31, 2017
 
 
U.S.
 
U.K.
 
Brazil
 
Total
New vehicle retail sales
 
$
4,768.9

 
$
1,092.6

 
$
296.1

 
$
6,157.5

Used vehicle retail sales
 
2,160.7

 
546.3

 
92.0

 
2,799.0

Used vehicle wholesale sales
 
250.7

 
136.8

 
12.7

 
400.2

Total new and used vehicle sales
 
7,180.2

 
1,775.7

 
400.7

 
9,356.7

Parts and service sales
 
1,124.4

 
165.8

 
47.9

 
1,338.0

Finance, insurance and other, net
 
376.0

 
44.5

 
8.5

 
429.0

Total revenues
 
$
8,680.6

 
$
1,986.0

 
$
457.2

 
$
11,123.7

(1) The Company has applied the optional exemption not to disclose revenue related to remaining performance obligations on its maintenance and repair services as the duration of these contracts is less than one year.
(2) Includes variable consideration recognized of $19.5 million and $18.7 million during the years ended December 31, 2019 and 2018, respectively, relating to performance obligations satisfied in previous periods on the Company’s retrospective commission income contracts. Refer to Arrangement of Vehicle Financing and the Sale of Service and Other Insurance Contracts for further discussion of these arrangements.
Changes in Contract Assets
The change in contract assets during the year ended December 31, 2019 is reflected in the table below (in millions):
 
 
F&I, net
Contract Assets, January 1, 2019
 
$
14.6

   Changes related to revenue recognition during the period
 
19.5

   Invoiced during the period
 
(12.5
)
Contract Assets, December 31, 2019
 
$
21.6