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PROPERTY AND EQUIPMENT, NET
12 Months Ended
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,
 20232022
Land$888.8 $838.8 
Buildings and leasehold improvements1,516.6 1,459.8 
Machinery and dealership equipment181.6 173.0 
Office equipment, furniture and fixtures149.1 141.7 
Company vehicles14.6 17.3 
Construction in progress85.7 52.0 
Total2,836.4 2,682.6 
Less: accumulated depreciation and amortization587.7 554.4 
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 million, 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 interest on construction projects for the years ended December 31, 2023, 2022 and 2021, respectively.