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REVENUE RECOGNITION (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Revenue from contracts with customers consists of the following:
| For the year ended December 31,
| 2024 |  | 2023 |  | 2022
| (In millions)
Revenue: |  |  |  |  |
New vehicle | $ | 8,849.7 |  |  | $ | 7,630.7 |  |  | $ | 7,365.6 |
Used vehicle retail | 4,605.9 |  |  | 4,017.5 |  |  | 4,828.8 |
Used vehicle wholesale | 612.3 |  |  | 396.7 |  |  | 368.3 |
New and used vehicle | 14,067.9 |  |  | 12,045.0 |  |  | 12,562.6 |
Sale of vehicle parts and accessories | 516.2 |  |  | 496.3 |  |  | 510.2 |
Vehicle repair and maintenance services | 1,838.5 |  |  | 1,585.3 |  |  | 1,564.1 |
Parts and services | 2,354.7 |  |  | 2,081.5 |  |  | 2,074.2 |
Finance and insurance, net | 766.0 |  |  | 676.2 |  |  | 797.0 |
Total revenue | $ | 17,188.6 |  |  | $ | 14,802.7 |  |  | $ | 15,433.8 |
Schedule of Contract with Customer, Assets | Changes in contract assets during the period are reflected in the table below. Contract assets related to vehicle repair and maintenance services are transferred to receivables when a repair order is completed and invoiced to the customer. Certain incremental sales commissions payable to obtain an F&I revenue contract with a customer have been capitalized and are amortized using the same pattern of recognition applicable to the associated F&I revenue contract.
| Vehicle Repair and Maintenance Services |  | Finance and Insurance, net |  | Deferred Sales Commissions |  | Total
| (In millions)
Contract Assets, December 31, 2022 | $ | 14.7 |  |  | $ | 14.7 |  |  | $ | 37.2 |  |  | $ | 66.6 |
Transferred to receivables from contract assets recognized at the beginning of the period | (14.7) |  |  | (14.7) |  |  | — |  |  | (29.4) |
Amortization of costs incurred to obtain a contract with a customer | — |  |  | — |  |  | (12.2) |  |  | (12.2) |
Costs incurred to obtain a contract with a customer | — |  |  | — |  |  | 43.3 |  |  | 43.3
Increases related to revenue recognized, inclusive of adjustments to constraint, during the period | 20.5 |  |  | 13.8 |  |  | — |  |  | 34.3 |
Contract Assets, December 31, 2023 | $ | 20.5 |  |  | $ | 13.8 |  |  | $ | 68.4 |  |  | $ | 102.7 |
Transferred to receivables from contract assets recognized at the beginning of the period | (20.5) |  |  | (13.8) |  |  | — |  |  | (34.3) |
Amortization of costs incurred to obtain a contract with a customer | — |  |  | — |  |  | (19.5) |  |  | (19.5) |
Costs incurred to obtain a contract with a customer | — |  |  | — |  |  | 41.2 |  |  | 41.2
Increases related to revenue recognized, inclusive of adjustments to constraint, during the period | 17.8 |  |  | 12.8 |  |  | — |  |  | 30.5 |
Contract Assets, December 31, 2024 | $ | 17.8 |  |  | $ | 12.8 |  |  | $ | 90.1 |  |  | $ | 120.7 |
Contract Assets (current), December 31, 2024 | $ | 17.8 |  |  | $ | 12.8 |  |  | $ | 24.2 |  |  | $ | 54.7 |
Contract Assets (long-term), December 31, 2024 | $ | — |  |  | $ | — |  |  | $ | 65.9 |  |  | $ | 65.9 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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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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