XML 65 R47.htm IDEA: XBRL DOCUMENT v3.24.0.1

FLOORPLAN NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2023

Line of Credit Facility [Abstract]

Schedule of floorplan notes payable

The Company’s Floorplan Notes Payable consisted of the following (in millions):

						December 31,
						2023						2022
Revolving Credit Facility — Floorplan notes payable						$	1,358.2					$	833.5
Revolving Credit Facility — Floorplan notes payable offset account						(236.7)						(140.2)
Revolving Credit Facility — Floorplan notes payable, net						1,121.6						693.3
Other non-manufacturer facilities						31.4						68.8
Floorplan notes payable — credit facility and other, net						$	1,153.0					$	762.1
FMCC facility						$	156.6					$	55.1
FMCC facility offset account						(38.5)						(13.4)
FMCC facility, net						118.1						41.8
GM Financial Facility						37.9						—
Other manufacturer affiliate facilities						256.4						201.3
Floorplan notes payable — manufacturer affiliates, net						$	412.4					$	243.1

X

- References

No definition available.

+ Details

Name:	us-gaap_LineOfCreditFacilityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration