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REVENUES (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues Disaggregated by Revenue Source and Geographical Segment | The following tables present the Company’s revenues disaggregated by its geographical segments (in millions):
|  | Three Months Ended March 31, 2024 |  |  |
|  | U.S. |  | U.K. |  | Total |  |  |  |  |  |  |
New vehicle retail sales |  | $ | 1,799.8 |  |  | $ | 382.8 |  |  | $ | 2,182.6 |  |  |  |  |  |  |  |
Used vehicle retail sales |  | 1,099.5 |  |  | 317.3 |  |  | 1,416.8 |  |  |  |  |  |  |  |
Used vehicle wholesale sales |  | 79.9 |  |  | 26.2 |  |  | 106.0 |  |  |  |  |  |  |  |
Total new and used vehicle sales |  | 2,979.2 |  |  | 726.2 |  |  | 3,705.4 |  |  |  |  |  |  |  |
Parts and service sales (1) |  | 495.1 |  |  | 81.1 |  |  | 576.2 |  |  |  |  |  |  |  |
Finance, insurance and other, net (2) |  | 171.4 |  |  | 17.5 |  |  | 188.9 |  |  |  |  |  |  |  |
Total revenues |  | $ | 3,645.7 |  |  | $ | 824.8 |  |  | $ | 4,470.5 |  |  |  |  |  |  |  |
|  | Three Months Ended March 31, 2023 |  |  |
|  | U.S. |  | U.K. |  | Total |  |  |  |  |  |  |
New vehicle retail sales |  | $ | 1,608.6 |  |  | $ | 347.1 |  |  | $ | 1,955.7 |  |  |  |  |  |  |  |
Used vehicle retail sales |  | 1,030.1 |  |  | 318.8 |  |  | 1,348.9 |  |  |  |  |  |  |  |
Used vehicle wholesale sales |  | 82.4 |  |  | 29.6 |  |  | 112.0 |  |  |  |  |  |  |  |
Total new and used vehicle sales |  | 2,721.0 |  |  | 695.6 |  |  | 3,416.6 |  |  |  |  |  |  |  |
Parts and service sales (1) |  | 473.8 |  |  | 74.6 |  |  | 548.3 |  |  |  |  |  |  |  |
Finance, insurance and other, net (2) |  | 147.6 |  |  | 17.5 |  |  | 165.1 |  |  |  |  |  |  |  |
Total revenues |  | $ | 3,342.4 |  |  | $ | 787.7 |  |  | $ | 4,130.0 |  |  |  |  |  |  |  |
(1) The Company has elected not to disclose revenues related to remaining performance obligations on its maintenance and repair services as the duration of these contracts is less than one year. (2) Includes variable consideration recognized of $12.4 million and $4.9 million during the three months ended March 31, 2024 and 2023, respectively, relating to performance obligations satisfied in previous periods on the Compa ny’s retrospective commission income contracts. Refer to Note 7. Receivables, Net and Contract Assets for the balance of the Company’s contract assets associated with revenues from the arrangement of financing and sale of service and insurance contracts.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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