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Revenues (Tables)
 12 Months Ended
Dec. 31, 2020
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, 2020
U.S.U.K.BrazilTotal
New vehicle retail sales$4,406.6 $1,021.8 $152.4 $5,580.8 
Used vehicle retail sales2,348.5 707.2 50.0 3,105.7 
Used vehicle wholesale sales169.4 126.4 12.3 308.1 
Total new and used vehicle sales6,924.5 1,855.3 214.7 8,994.6 
Parts and service sales (1)
1,162.6 194.8 31.9 1,389.3 
Finance, insurance and other, net (2)
416.3 46.6 5.0 467.9 
Total revenues$8,503.4 $2,096.8 $251.6 $10,851.8 
Year Ended December 31, 2019
U.S.U.K.BrazilTotal
New vehicle retail sales$4,832.2 $1,195.1 $286.8 $6,314.1 
Used vehicle retail sales2,509.9 771.3 85.4 3,366.6 
Used vehicle wholesale sales174.5 162.3 18.3 355.2 
Total new and used vehicle sales7,516.6 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.BrazilTotal
New vehicle retail sales$4,682.8 $1,217.1 $281.4 $6,181.4 
Used vehicle retail sales2,307.0 771.7 87.4 3,166.1 
Used vehicle wholesale sales178.9 173.8 16.9 369.6 
Total new and used vehicle sales7,168.7 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 
(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.
(2) Includes variable consideration recognized of $27.6 million, $19.5 million and $18.7 million during the years ended December 31, 2020, 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 section within this Note for further discussion of these arrangements.
Changes in Contract Assets The change in contract assets during the year ended December 31, 2020 is reflected in the table below (in millions):
F&I, Net
Contract Assets, January 1, 2020$21.6 
Changes related to revenue recognition during the period27.6 
Amounts invoiced during the period(13.9)
Contract Assets, December 31, 2020$35.3