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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Changes in the balances of each component of accumulated other comprehensive loss
Changes in the balances of each component of AOCI for the years ended December 31, 2024, 2023 and 2022 were as follows (in millions):
Year Ended December 31, 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
(19.1)28.2 9.1 
Tax effect
— (6.7)(6.7)
Amounts reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)
— (20.6)(20.6)
Other interest expense, net (pre-tax)
— (17.0)(17.0)
Reclassification related to de-designated interest rate swaps (pre-tax)— (0.2)(0.2)
Provision for income taxes— 9.0 9.0 
Net current period other comprehensive loss(19.1)(7.4)(26.5)
Balance, December 31, 2024
$(56.5)$58.2 $1.6 
Year Ended December 31, 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-tax23.7 13.7 37.3 
Tax effect— (3.3)(3.3)
Amounts reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)— (15.4)(15.4)
Other interest expense, net (pre-tax)
— (17.9)(17.9)
Reclassification related to de-designated interest rate swaps (pre-tax)— (4.0)(4.0)
Provision for income taxes— 8.9 8.9 
Net current period other comprehensive income (loss)23.7 (18.0)5.7 
Balance, December 31, 2023
$(37.4)$65.6 $28.1 
Year Ended December 31, 2022
Accumulated Income (Loss) on Foreign Currency Translation
Accumulated Income (Loss) on Interest Rate Swaps
Total
Balance, December 31, 2021
$(158.2)$2.0 $(156.2)
Other comprehensive income (loss) before reclassifications:
Pre-tax(27.2)110.0 82.7 
Tax effect— (25.8)(25.8)
Amounts reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)— (0.8)(0.8)
Other interest expense, net (pre-tax)
— (2.4)(2.4)
Cumulative foreign currency translation adjustments associated with the Brazil Disposal122.8 — 122.8 
Other cumulative foreign currency translation adjustments1.5 — 1.5 
Provision for income taxes— 0.8 0.8 
Net current period other comprehensive income97.1 81.6 178.7 
Balance, December 31, 2022
$(61.1)$83.6 $22.5