XML 43 R33.htm IDEA: XBRL DOCUMENT
v3.23.3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Equity [Abstract] |
Schedule of 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):
|  | Nine Months Ended September 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 |  | 3.5 |  |  | 35.8 |  |  | 39.2 |  |
Tax effect |  | — |  |  | (8.5) |  |  | (8.5) |  |
Amount reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |
Floorplan interest expense (pre-tax) |  | — |  |  | (11.2) |  |  | (11.2) |  |
Other interest expense, net (pre-tax) |  | — |  |  | (13.2) |  |  | (13.2) |  |
Reclassification related to de-designated interest rate swaps (pre-tax) |  | — |  |  | (4.0) |  |  | (4.0) |  |
Provision for income taxes |  | — |  |  | 6.8 |  |  | 6.8 |  |
Net current period other comprehensive income |  | 3.5 |  |  | 5.6 |  |  | 9.1 |  |
Balance, September 30, 2023 |  | $ | (57.6) |  |  | $ | 89.3 |  |  | $ | 31.6 |  |
|  | Nine Months Ended September 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 |  | (59.3) |  |  | 110.9 |  |  | 51.6 |
Tax effect |  | — |  |  | (26.1) |  |  | (26.1) |
Amount reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |
Floorplan interest expense (pre-tax) |  | — |  |  | 1.4 |  |  | 1.4 |
Other interest expense (pre-tax) |  | — |  |  | 0.7 |  |  | 0.7 |
Cumulative foreign currency translation adjustments associated with the Brazil Disposal |  | 122.8 |  |  | — |  |  | 122.8 |
Other cumulative foreign currency translation adjustments |  | 1.5 |  |  | — |  |  | 1.5 |
Benefit for income taxes |  | — |  |  | (0.5) |  |  | (0.5) |
Net current period other comprehensive income |  | 65.1 |  |  | 86.4 |  |  | 151.5 |
Balance, September 30, 2022 |  | $ | (93.1) |  |  | $ | 88.4 |  |  | $ | (4.7) |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration