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Revenues | 3 Months Ended
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Mar. 31, 2020
Revenue from Contract with Customer [Abstract] |
REVENUES | REVENUES The following tables present the Company’s revenues disaggregated by revenue source and geographical segments (in millions):
|  | Three Months Ended March 31, 2020
|  | U.S. |  | U.K. |  | Brazil |  | Total
REVENUES: |  |  |  |  |  |  |  |
New vehicle retail sales |  | $ | 988.4 |  |  | $ | 296.3 |  |  | $ | 57.5 |  |  | $ | 1,342.2 |
Used vehicle retail sales |  | 570.3 |  |  | 188.8 |  |  | 19.9 |  |  | 779.0 |
Used vehicle wholesale sales |  | 46.8 |  |  | 35.8 |  |  | 3.8 |  |  | 86.5 |
Total new and used vehicle sales |  | 1,605.5 |  |  | 520.9 |  |  | 81.3 |  |  | 2,207.7 |
Parts and service sales (1) |  | 304.6 |  |  | 56.4 |  |  | 9.6 |  |  | 370.6 |
Finance, insurance and other, net (2) |  | 97.4 |  |  | 13.3 |  |  | 1.7 |  |  | 112.5 |
Total revenues |  | $ | 2,007.6 |  |  | $ | 590.7 |  |  | $ | 92.5 |  |  | $ | 2,690.8 |
|  | Three Months Ended March 31, 2019
|  | U.S. |  | U.K. |  | Brazil |  | Total
REVENUES: |  |  |  |  |  |  |  |
New vehicle retail sales |  | $ | 1,031.7 |  |  | $ | 318.6 |  |  | $ | 64.2 |  |  | $ | 1,414.5 |
Used vehicle retail sales |  | 594.4 |  |  | 203.6 |  |  | 21.2 |  |  | 819.2 |
Used vehicle wholesale sales |  | 42.8 |  |  | 45.3 |  |  | 4.1 |  |  | 92.1 |
Total new and used vehicle sales |  | 1,669.0 |  |  | 567.4 |  |  | 89.4 |  |  | 2,325.8 |
Parts and service sales (1) |  | 297.6 |  |  | 59.6 |  |  | 12.0 |  |  | 369.2 |
Finance, insurance and other, net (2) |  | 96.2 |  |  | 15.2 |  |  | 2.0 |  |  | 113.4 |
Total revenues |  | $ | 2,062.8 |  |  | $ | 642.2 |  |  | $ | 103.4 |  |  | $ | 2,808.4 |
(1) The Company has applied the optional exemption not to disclose revenues related to remaining performance obligations on its maintenance and repair services as the duration of these contracts is less than one year. Revenues from these contracts is recognized upon completion of the services, which occurs over time. (2) Includes variable consideration recognized of $4.0 million and $3.2 million during the three months ended March 31, 2020 and 2019, respectively, relating to performance obligations satisfied in previous periods on the Company’s retrospective commission income contracts. See Note 7 “Receivables and Contract Assets, Net” for additional information on the Company’s contract assets associated with revenues from the arrangement of financing and sale of service and insurance contracts.

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- References No definition available. + Details
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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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