XML 84 R66.htm IDEA: XBRL DOCUMENT v3.24.0.1
DISCONTINUED OPERATIONS AND OTHER DIVESTITURES - Narrative (Details)
R$ in Millions, $ in Millions
1 Months Ended 12 Months Ended
Jul. 01, 2022
USD ($)
Jun. 30, 2022
USD ($)
Nov. 12, 2021
BRL (R$)
Feb. 14, 2024
dealership
Dec. 31, 2023
USD ($)
franchise
dealership
Dec. 31, 2022
USD ($)
dealership
franchise
Dec. 31, 2021
USD ($)
dealership
Jul. 02, 2022
USD ($)
Jul. 02, 2022
BRL (R$)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration] Net loss from discontinued operations                
Dispositions reduced goodwill         $ 52.9 $ 37.3      
U.S.                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Dispositions reduced goodwill         52.9 37.3      
U.K.                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Dispositions reduced goodwill         0.0 0.0      
Held-for-sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Goodwill         39.8 13.4      
Disposed of by Sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Dispositions reduced goodwill         52.9 37.3 $ 4.0    
Disposed of by Sale | U.S.                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Net pre-tax gain (loss) on dealership dispositions         $ 16.3 $ 30.8 $ 4.4    
Number of dealerships | dealership         11 5 3    
Number of franchises disposed | dealership         15 5 3    
Number of franchises terminated         2   1    
Number of franchise within existing dealerships | dealership             1    
Disposed of by Sale | U.S. | Subsequent Event                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Number of franchises disposed | dealership       10          
Disposed of by Sale | U.K.                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Number of dealerships | dealership           1      
Number of franchises terminated           1 1    
Number of franchise within existing dealerships | dealership             1    
Brazil | Held-for-sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Consideration for disposal | R$     R$ 510.0            
Holdback term (years)     5 years            
Brazil | Held-for-sale | General Representations and Warranties                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Holdback portion of consideration | R$     R$ 115.0            
Brazil | Disposed of by Sale                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Consideration for disposal               $ 4.1  
Net loss $ 87.5         $ 10.0 $ 77.5    
Amount of currency translation loss recorded in AOCI $ 122.8         $ 122.8      
Foreign exchange risk exposure               70.0  
Foreign currency transaction loss, settled   $ 8.4              
Tax settlement               $ 4.5 R$ 23.0
Tax settlement term (years)           1 year      
Brazil | Discontinued Operations                  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations                  
Other long-term assets         $ 21.1 $ 22.8      
Accrued expenses and other current liabilities         $ 4.3 $ 7.8