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ASSETS AND LIABILITIES HELD FOR SALE
 9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
ASSETS AND LIABILITIES HELD FOR SALE ASSETS AND LIABILITIES HELD FOR SALE
Assets and liabilities classified as held for sale include (i) assets and liabilities associated with pending dealership disposals and (ii) real estate not currently used in our operations that we are actively marketing to sell.
A summary of assets held for sale and liabilities associated with assets held for sale is as follows:
As of
September 30, 2024December 31, 2023
(In millions)
Assets:
Inventory$47.9 $84.5 
Loaners, net0.7 4.5 
Property and equipment, net89.1 136.6 
Operating lease right-of-use assets2.0 2.1 
Goodwill— 26.1 
Franchise rights23.1 88.5 
Total assets held for sale162.8 342.2 
Liabilities:
Current maturities of operating leases0.2 0.2 
Operating lease liabilities1.8 1.9 
Total liabilities associated with assets held for sale2.0 2.1 
Net assets held for sale$160.8 $340.1 
As of September 30, 2024, assets held for sale consisted of 6 franchises (6 dealership locations) in addition to one real estate property not currently used in our operations.
As of December 31, 2023, assets held for sale consisted of 11 franchises (11 dealership locations) in addition to one real estate property not currently used in our operations.