XML 43 R31.htm IDEA: XBRL DOCUMENT v3.22.2.2
RECEIVABLES, NET AND CONTRACT ASSETS (Tables)
9 Months Ended
Sep. 30, 2022
Receivables [Abstract]  
Accounts and notes receivable The Company’s receivables, net and contract assets consisted of the following (in millions):
September 30, 2022December 31, 2021
Contracts-in-transit and vehicle receivables, net:
Contracts-in-transit$132.7 $143.8 
Vehicle receivables90.2 75.6 
Total contracts-in-transit and vehicle receivables222.9 219.4 
Less: allowance for doubtful accounts 0.7 0.5 
Total contracts-in-transit and vehicle receivables, net$222.2 $218.9 
Accounts and notes receivable, net:
Manufacturer receivables$86.4 $76.9 
Parts and service receivables 65.8 58.6 
F&I receivables27.6 29.8 
Other10.6 17.0 
Total accounts and notes receivable190.3 182.2 
Less: allowance for doubtful accounts 5.9 4.3 
Total accounts and notes receivable, net $184.4 $177.9 
Within Other current assets and Other long-term assets:
Total contract assets (1)
$44.7 $37.5 
(1) No allowance for doubtful accounts was recorded for contract assets as of September 30, 2022 or December 31, 2021.