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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity [Abstract] |
Schedule of Changes in the Balances of Each Component of Accumulated Other Comprehensive Income (Loss) | Changes in the balances of each component of AOCI were as follows (in millions):
|  | Nine Months Ended September 30, 2024 |
|  | Accumulated Income (Loss) On Foreign Currency Translation |  | Accumulated Income (Loss) On Interest Rate Swaps |  | Total |
Balance, December 31, 2023 |  | $ | (37.4) |  |  | $ | 65.6 |  |  | $ | 28.1 |  |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |
Pre-tax |  | 35.4 |  |  | 6.4 |  |  | 41.8 |  |
Tax effect |  | — |  |  | (1.5) |  |  | (1.5) |  |
Amount reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |
Floorplan interest expense (pre-tax) |  | — |  |  | (16.1) |  |  | (16.1) |  |
Other interest expense, net (pre-tax) |  | — |  |  | (13.3) |  |  | (13.3) |  |
Reclassification related to de-designated interest rate swaps (pre-tax) |  | — |  |  | (0.2) |  |  | (0.2) |  |
Provision for income taxes |  | — |  |  | 7.1 |  |  | 7.1 |  |
Net current period other comprehensive income (loss) |  | 35.4 |  |  | (17.7) |  |  | 17.7 |  |
Balance, September 30, 2024 |  | $ | (2.0) |  |  | $ | 47.9 |  |  | $ | 45.8 |  |
|  | Nine Months Ended September 30, 2023
|  | Accumulated Income (Loss) On Foreign Currency Translation |  | Accumulated Income (Loss) On Interest Rate Swaps |  | Total
Balance, December 31, 2022 |  | $ | (61.1) |  |  | $ | 83.6 |  |  | $ | 22.5 |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |
Pre-tax |  | 3.5 |  |  | 35.8 |  |  | 39.2 |
Tax effect |  | — |  |  | (8.5) |  |  | (8.5) |
Amount reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |
Floorplan interest expense (pre-tax) |  | — |  |  | (11.2) |  |  | (11.2) |
Other interest expense (pre-tax) |  | — |  |  | (13.2) |  |  | (13.2) |
Reclassification related to de-designated interest rate swaps (pre-tax) |  | — |  |  | (4.0) |  |  | (4.0) |
Provision for income taxes |  | — |  |  | 6.8 |  |  | 6.8 |
Net current period other comprehensive income |  | 3.5 |  |  | 5.6 |  |  | 9.1 |
Balance, September 30, 2023 |  | $ | (57.6) |  |  | $ | 89.3 |  |  | $ | 31.6 |

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