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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Changes in the balances of each component of Accumulated other comprehensive income (loss) were as follows (in millions):
Three Months Ended March 31, 2021
Accumulated income (loss) on foreign currency translationAccumulated income (loss) on interest rate swapsTotal
Balance, December 31, 2020$(151.6)$(32.5)$(184.0)
Other comprehensive income (loss) before reclassifications:
Pre-tax(2.3)37.2 34.9 
Tax effect— (9.4)(9.4)
Amount reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)— 2.2 2.2 
Other interest expense, net (pre-tax)— 0.9 0.9 
Provision (benefit) for income taxes— (0.7)(0.7)
Net current period other comprehensive income (loss)(2.3)30.2 27.9 
Balance, March 31, 2021$(153.9)$(2.3)$(156.2)
Three Months Ended March 31, 2020
Accumulated income (loss) on foreign currency translationAccumulated income (loss) on interest rate swapsTotal
Balance, December 31, 2019$(142.9)$(4.1)$(147.0)
Other comprehensive income (loss) before reclassifications:
Pre-tax(27.9)(41.3)(69.2)
Tax effect— 9.7 9.7 
Amount reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)— 0.6 0.6 
Other interest expense (pre-tax)— 0.1 0.1 
Provision (benefit) for income taxes— (0.2)(0.2)
Net current period other comprehensive income (loss)(27.9)(31.1)(59.0)
Balance, March 31, 2020$(170.8)$(35.2)$(206.0)