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PROPERTY AND EQUIPMENT, NET | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT, NET | PROPERTY AND EQUIPMENT, NET The Company’s property and equipment consisted of the following (in millions):
|  | December 31,
| 2023 |  | 2022
Land |  | $ | 888.8 |  |  | $ | 838.8 |
Buildings and leasehold improvements |  | 1,516.6 |  |  | 1,459.8 |
Machinery and dealership equipment |  | 181.6 |  |  | 173.0 |
Office equipment, furniture and fixtures |  | 149.1 |  |  | 141.7 |
Company vehicles |  | 14.6 |  |  | 17.3 |
Construction in progress |  | 85.7 |  |  | 52.0 |
Total |  | 2,836.4 |  |  | 2,682.6 |
Less: accumulated depreciation and amortization |  | 587.7 |  |  | 554.4 |
Property and equipment, net |  | $ | 2,248.7 |  |  | $ | 2,128.2 |
For the years ended December 31, 2023, 2022 and 2021, the Company recognized $6.8 million, $0.8 million and $1.7 millio n, respectively, in asset impairment charges related to property and equipment in the Company’s U.S. segment. Property and equipment impairment charges are reflected in Asset impairments in the Consolidated Statements of Operations. Depreciation and amortization expense totaled $92.0 million, $88.4 million and $77.4 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company capitalized $2.0 million, $1.1 million and $1.0 million of i nterest on construction projects for the years ended December 31, 2023, 2022 and 2021, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
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