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RECEIVABLES, NET AND CONTRACT ASSETS | 3 Months Ended
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Mar. 31, 2022
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):
|  | March 31, 2022 |  | December 31, 2021
Contracts-in-transit and vehicle receivables, net: |  |  |  |
Contracts-in-transit |  | $ | 138.8 |  |  | $ | 143.8 |
Vehicle receivables |  | 77.8 |  |  | 75.6 |
Total contracts-in-transit and vehicle receivables |  | 216.6 |  |  | 219.4 |
Less: allowance for doubtful accounts |  | 0.4 |  |  | 0.5 |
Total contracts-in-transit and vehicle receivables, net |  | $ | 216.2 |  |  | $ | 218.9 |
Accounts and notes receivable, net: |  |  |  |
Manufacturer receivables |  | $ | 82.7 |  |  | $ | 76.9 |
Parts and service receivables |  | 66.3 |  |  | 58.6 |
F&I receivables |  | 30.3 |  |  | 29.8 |
Other |  | 21.9 |  |  | 17.0 |
Total accounts and notes receivable |  | 201.2 |  |  | 182.2 |
Less: allowance for doubtful accounts |  | 4.2 |  |  | 4.3 |
Total accounts and notes receivable, net |  | $ | 197.0 |  |  | $ | 177.9 |
Within Other current assets and Other long-term assets: |  |  |  |
Total contract assets (1) |  | $ | 41.9 |  |  | $ | 37.5 |
(1) No allowance for doubtful accounts was recorded for contract assets as of March 31, 2022 or December 31, 2021.

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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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