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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Changes in the balances of each component of accumulated other comprehensive income (loss)

Changes in the balances of each component of AOCI were as follows (in millions):


						Six Months Ended June 30, 2023
						Accumulated Income (Loss) On Foreign Currency Translation						Accumulated Income (Loss) On Interest Rate Swaps						Total
Balance, December 31, 2022						$	(61.1)					$	83.6					$	22.5
Other comprehensive income (loss) before reclassifications:
Pre-tax						21.0						11.9						32.9
Tax effect						—						(2.8)						(2.8)
Amount reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)						—						(7.1)						(7.1)
Other interest expense, net (pre-tax)						—						(4.5)						(4.5)
Reclassification related to de-designated interest rate swaps (pre-tax)						—						(4.0)						(4.0)



Provision for income taxes						—						3.7						3.7
Net current period other comprehensive income (loss)						21.0						(2.8)						18.1
Balance, June 30, 2023						$	(40.1)					$	80.8					$	40.6


						Six Months Ended June 30, 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						(28.1)						69.3						41.2
Tax effect						—						(16.3)						(16.3)
Amount reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)						—						2.1						2.1
Other interest expense (pre-tax)						—						1.8						1.8

Benefit for income taxes						—						(0.9)						(0.9)
Net current period other comprehensive (loss) income						(28.1)						56.0						28.0
Balance, June 30, 2022						$	(186.3)					$	58.0					$	(128.3)