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RECEIVABLES, NET AND CONTRACT ASSETS | 6 Months Ended
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Jun. 30, 2021
Receivables [Abstract] |
RECEIVABLES, NET AND CONTRACT ASSETS | RECEIVABLES, NET AND CONTRACT ASSETS The Company’s receivables, net and contract assets consisted of the following (in millions):
|  | June 30, 2021 |  | December 31, 2020
Contracts-in-transit and vehicle receivables, net: |  |  |  |
Contracts-in-transit |  | $ | 141.6 |  |  | $ | 147.1 |
Vehicle receivables |  | 81.2 |  |  | 64.5 |
Total contracts-in-transit and vehicle receivables |  | 222.8 |  |  | 211.5 |
Less: allowance for doubtful accounts |  | 0.3 |  |  | 0.3 |
Total contracts-in-transit and vehicle receivables, net |  | $ | 222.5 |  |  | $ | 211.2 |
Accounts and notes receivable, net: |  |  |  |
Manufacturer receivables |  | $ | 94.5 |  |  | $ | 108.7 |
Parts and service receivables |  | 59.7 |  |  | 53.2 |
F&I receivables |  | 30.1 |  |  | 27.4 |
Other |  | 15.3 |  |  | 13.8 |
Total accounts and notes receivable |  | 199.6 |  |  | 203.1 |
Less: allowance for doubtful accounts |  | 2.8 |  |  | 3.2 |
Total accounts and notes receivable, net |  | $ | 196.8 |  |  | $ | 200.0 |
Within Other current assets and Other long-term assets: |  |  |  |
Total contract assets (1) |  | $ | 39.1 |  |  | $ | 35.3 |
(1) Refer to Note 2. Revenues for further discussion of the Company’s contract asset balance. No allowance for doubtful accounts was recorded for Contract assets as of June 30, 2021 or December 31, 2020.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
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- References No definition available. + Details
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