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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Changes in the balances of each component of accumulated other comprehensive loss | Changes in the balances of each component of Accumulated other comprehensive income (loss) for the years ended December 31, 2022, 2021 and 2020 were as follows (in millions):
|  | Year Ended December 31, 2022
|  | Accumulated Income (Loss) on Foreign Currency Translation |  |  |  | Accumulated Income (Loss) on Interest Rate Swaps |  | Total
Balance, December 31, 2021 |  | $ | (158.2) |  |  |  |  | $ | 2.0 |  |  | $ | (156.2) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |
Pre-tax |  | (27.2) |  |  |  |  | 110.0 |  |  | 82.7 |
Tax effect |  | — |  |  |  |  | (25.8) |  |  | (25.8) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |
Floorplan interest income (pre-tax) |  | — |  |  |  |  | (0.8) |  |  | (0.8) |
Other interest income, net (pre-tax) |  | — |  |  |  |  | (2.4) |  |  | (2.4) |
Cumulative foreign currency translation adjustments associated with the Brazil Disposal |  | 122.8 |  |  |  |  | — |  |  | 122.8 |
Other cumulative foreign currency translation adjustments |  | 1.5 |  |  |  |  | — |  |  | 1.5 |
Provision for income taxes |  | — |  |  |  |  | 0.8 |  |  | 0.8 |
Net current period other comprehensive income |  | 97.1 |  |  |  |  | 81.6 |  |  | 178.7 |
Balance, December 31, 2022 |  | $ | (61.1) |  |  |  |  | $ | 83.6 |  |  | $ | 22.5 |
|  | Year Ended December 31, 2021
|  | Accumulated Income (Loss) on Foreign Currency Translation |  |  |  | Accumulated Income (Loss) on Interest Rate Swaps |  | Total
Balance, December 31, 2020 |  | $ | (151.6) |  |  |  |  | $ | (32.5) |  |  | $ | (184.0) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |
Pre-tax |  | (6.7) |  |  |  |  | 29.5 |  |  | 22.8 |
Tax effect |  | — |  |  |  |  | (6.9) |  |  | (6.9) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |
Floorplan interest expense (pre-tax) |  | — |  |  |  |  | 3.7 |  |  | 3.7 |
Other interest expense (pre-tax) |  | — |  |  |  |  | 4.1 |  |  | 4.1 |
Reclassification related to de-designated interest rate swaps (pre-tax) |  | — |  |  |  |  | 7.9 |  |  | 7.9 |
Benefit for income taxes |  | — |  |  |  |  | (3.7) |  |  | (3.7) |
Net current period other comprehensive (loss) income |  | (6.7) |  |  |  |  | 34.5 |  |  | 27.8 |
Balance, December 31, 2021 |  | $ | (158.2) |  |  |  |  | $ | 2.0 |  |  | $ | (156.2) |
|  | Year Ended December 31, 2020
|  | Accumulated Income (Loss) on Foreign Currency Translation |  |  |  | Accumulated Income (Loss) on Interest Rate Swaps |  | Total
Balance, December 31, 2019 |  | $ | (142.9) |  |  |  |  | $ | (4.1) |  |  | $ | (147.0) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |
Pre-tax |  | (8.7) |  |  |  |  | (45.5) |  |  | (54.2) |
Tax effect |  | — |  |  |  |  | 8.8 |  |  | 8.8 |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |
Floorplan interest expense (pre-tax) |  | — |  |  |  |  | 7.9 |  |  | 7.9 |
Other interest expense (pre-tax) |  | — |  |  |  |  | 2.8 |  |  | 2.8 |
Realized loss on interest rate swap termination (pre-tax) |  | — |  |  |  |  | 0.1 |  |  | 0.1 |
Benefit for income taxes |  | — |  |  |  |  | (2.6) |  |  | (2.6) |
Net current period other comprehensive loss |  | (8.7) |  |  |  |  | (28.4) |  |  | (37.1) |
Balance, December 31, 2020 |  | $ | (151.6) |  |  |  |  | $ | (32.5) |  |  | $ | (184.0) |

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