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DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables) | 9 Months Ended
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Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Disposal Groups Including Discontinued Operations | Results of the Brazil Discontinued Operations were as follows (in millions):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
REVENUES: |  |  |  |  |  |  |  |
New vehicle retail sales |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 109.0 |
Used vehicle retail sales |  | — |  |  | — |  |  | — |  |  | 44.0 |
Used vehicle wholesale sales |  | — |  |  | — |  |  | — |  |  | 10.1 |
Parts and service sales |  | — |  |  | — |  |  | — |  |  | 23.8 |
Finance, insurance and other, net |  | — |  |  | — |  |  | — |  |  | 3.3 |
Total revenues |  | — |  |  | — |  |  | — |  |  | 190.2 |
COST OF SALES: |  |  |  |  |  |  |  |
New vehicle retail sales |  | — |  |  | — |  |  | — |  |  | 98.5 |
Used vehicle retail sales |  | — |  |  | — |  |  | — |  |  | 41.2 |
Used vehicle wholesale sales |  | — |  |  | — |  |  | — |  |  | 10.0 |
Parts and service sales |  | — |  |  | — |  |  | — |  |  | 14.5 |
Total cost of sales |  | — |  |  | — |  |  | — |  |  | 164.2 |
GROSS PROFIT |  | — |  |  | — |  |  | — |  |  | 26.1 |
Selling, general and administrative expenses |  | 0.7 |  |  | (4.6) |  |  | 1.6 |  |  | 14.8 |
Depreciation and amortization expense |  | — |  |  | — |  |  | — |  |  | 0.9 |
Asset impairments |  | — |  |  | 0.1 |  |  | — |  |  | 6.3 |
(LOSS) INCOME FROM OPERATIONS — DISCONTINUED OPERATIONS |  | (0.7) |  |  | 4.5 |  |  | (1.6) |  |  | 4.0 |
Floorplan interest expense |  | — |  |  | — |  |  | — |  |  | 1.4 |
Other interest income, net |  | (0.7) |  |  | (0.7) |  |  | (2.0) |  |  | (1.1) |
Other expenses |  | — |  |  | 1.5 |  |  | — |  |  | 1.5 |
(LOSS) INCOME BEFORE INCOME TAXES — DISCONTINUED OPERATIONS |  | — |  |  | 3.7 |  |  | 0.4 |  |  | 2.2 |
Provision for income taxes |  | 0.2 |  |  | 5.0 |  |  | 0.7 |  |  | 5.1 |
NET LOSS — DISCONTINUED OPERATIONS |  | $ | (0.2) |  |  | $ | (1.3) |  |  | $ | (0.3) |  |  | $ | (2.9) |
Cash flows from operating and investing activities for the Brazil Discontinued Operations were immaterial for the nine months ended September 30, 2023. Cash flows from operating and investing activities for the Brazil Discontinued Operations in the prior period were as follows (in millions):
|  |  |  | Nine Months Ended September 30, 2022
Net cash provided by operating activities — discontinued operations |  |  |  | $ | 26.6 |
Net cash provided by investing activities — discontinued operations |  |  |  | $ | 59.1 |
Assets and liabilities of the Brazil Discontinued Operations were as follows (in millions):
|  | September 30, 2023 |  | December 31, 2022
Prepaid expenses |  | $ | 0.9 |  |  | $ | — |
Other current assets |  | — |  |  | 1.3 |
Other long-term assets |  | 19.8 |  |  | 22.8 |
Total assets of discontinued operations |  | $ | 20.7 |  |  | $ | 24.1 |
Accrued expenses and other current liabilities |  | $ | 3.9 |  |  | $ | 7.8 |
Total liabilities of discontinued operations |  | $ | 3.9 |  |  | $ | 7.8 |

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