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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
As of December 31, 2023, the Company had two reportable segments: the U.S. and the U.K. The Company defines its segments as those operations whose results the Company’s Chief Executive Officer, who is the Chief Operating Decision Maker, regularly reviews to analyze performance and allocate resources. Each segment is comprised of retail automotive franchises that sell new and used cars and light trucks; arrange related vehicle financing; sell service and insurance contracts; provide automotive maintenance and repair services; and sell vehicle parts.
Selected reportable segment data for continuing operations as follows (in millions):
Year Ended December 31, 2023
U.S.U.K.Total
Total revenues$14,814.2 

$3,059.5 $17,873.7 
Gross profit$2,610.1 $410.1 $3,020.3 
SG&A expenses $1,622.9 

$303.9 $1,926.8 
Depreciation and amortization expense$76.9 $15.1 $92.0 
Floorplan interest expense$53.5 $10.6 $64.1 
Other interest expense, net$91.4 $8.4 $99.8 
Income before income taxes $732.1 $68.1 $800.2 
Capital expenditures:
Real estate related capital expenditures$41.5 $4.7 $46.3 
Non-real estate related capital expenditures114.6 24.5 139.2 
Total capital expenditures$156.2 $29.3 $185.4 
Year Ended December 31, 2022
U.S.U.K.Total
Total revenues$13,427.1 $2,795.1 $16,222.1 
Gross profit$2,582.3 $382.9 $2,965.2 
SG&A expenses $1,516.9 

$266.5 $1,783.3 
Depreciation and amortization expense$73.1 $15.2 $88.4 
Floorplan interest expense$21.4 $5.9 $27.3 
Other interest expense, net$71.0 $6.6 $77.5 
Income before income taxes $897.4 $87.9 $985.3 
Capital expenditures:
Real estate related capital expenditures$17.7 $22.0 $39.6 
Non-real estate related capital expenditures100.2 15.3 115.5 
Total capital expenditures$117.8 $37.3 $155.1 
Year Ended December 31, 2021
U.S.U.K.Total
Total revenues$10,846.3 $2,635.6 $13,481.9 
Gross profit$2,089.5 $351.2 $2,440.7 
SG&A expenses $1,234.9 

$242.2 $1,477.2 
Depreciation and amortization expense$60.4 $17.0 $77.4 
Floorplan interest expense$22.2 $5.4 $27.6 
Other interest expense, net$48.5 $7.3 $55.8 
Income before income taxes $721.8 $79.2 $800.9 
Capital expenditures:
Real estate related capital expenditures$18.9 $27.0 $45.9 
Non-real estate related capital expenditures82.3 13.9 96.2 
Total capital expenditures$101.2 $40.9 $142.1 
December 31, 2023
U.S.U.K.Total
Property and equipment, net$1,915.2 $333.5 $2,248.7 
Total assets$6,665.7 $1,086.6 $7,752.3 
December 31, 2022
U.S.U.K.Total
Property and equipment, net$1,824.1 $304.1 $2,128.2 
Total assets$5,710.8 $983.8 $6,694.7 
Refer to Note 12. Intangible Franchise Rights and Goodwill for further discussion of the Company’s intangible franchise rights and goodwill by segment.