XML 79 R56.htm IDEA: XBRL DOCUMENT v3.25.0.1

LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Assets And Liabilities, Lessee

Balance Sheet Presentation

												As of December 31,
Leases						Classification						2024						2023
												(In millions)
Assets:
Current
Operating						Assets held for sale						$	1.9					$	2.1
Non-Current
Operating						Operating lease right-of-use assets						220.1						241.8
Finance						Property and equipment, net						8.4						8.4
Total right-of-use assets												$	230.4					$	252.3
Liabilities:
Current
Operating						Current maturities of operating leases						$	28.1					$	26.2
Operating						Liabilities held for sale						0.2						0.2
Finance						Current maturities of long-term debt						—						—
Non-Current
Operating						Operating lease liabilities						200.0						222.1
Operating						Liabilities held for sale						1.7						1.9
Finance						Long-term debt						8.4						8.4
Total lease liabilities												$	238.4					$	258.8

Lease Term and Discount Rate, Lessee

Lease Term and Discount Rate

			As of December 31,
			2024						2023
Weighted Average Lease Term - Operating Leases			12.8 years						13.2 years
Weighted Average Lease Term - Finance Lease			35.7 years						36.7 years
Weighted Average Discount Rate - Operating Leases			5.0		%				4.9		%
Weighted Average Discount Rate - Finance Lease			4.4		%				4.4		%

Lease, Cost

The following table provides certain information related to the lease costs for finance and operating leases during the years ended December 31, 2024 and 2023.

			For the Year Ended December 31,
			2024						2023
			(In millions)
Finance lease cost (Interest)			$	0.4					$	0.4
Operating lease cost			40.0						36.2
Short-term lease cost			4.6						3.6
Variable lease cost			1.1						1.0
			$	46.1					$	41.3

Schedule of Cash Flow, Supplemental Disclosures

The following table presents supplemental cash flow information for leases during the years ended December 31, 2024 and 2023.

			For the Year Ended December 31,
			2024						2023
			(In millions)
Supplemental Cash Flow:
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from finance lease			$	0.4					$	0.4
Operating cash flows from operating leases			$	38.4					$	36.2
Right-of-use assets obtained in exchange for new operating lease liabilities			$	12.0					$	35.0

Lessee, Operating Lease, Liability, Maturity

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the finance lease liabilities and operating lease liabilities as of December 31, 2024, including leases related to liabilities associated with assets held for sale. 

			Finance						Operating
			(In millions)
2025			$	0.4					$	38.9
2026			0.4						30.3
2027			0.4						25.0
2028			0.4						22.8
2029			0.4						21.7
Thereafter			15.2						175.3
Total minimum lease payments			$	17.3					$	314.0
Less: Amount of lease payments representing interest			(9.0)						(83.9)
Present value of future minimum lease payments			$	8.4					$	230.1
Less: current obligations under leases (a)			—						(28.3)
Long-term lease obligation (b)			$	8.4					$	201.8

__________________________

(a) Includes $0.2 million of operating lease liabilities classified as liabilities associated with assets held for sale.

(b) Includes $1.7 million of operating lease liabilities classified as liabilities associated with assets held for sale.

Finance Lease, Liability, Maturity

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the finance lease liabilities and operating lease liabilities as of December 31, 2024, including leases related to liabilities associated with assets held for sale. 

			Finance						Operating
			(In millions)
2025			$	0.4					$	38.9
2026			0.4						30.3
2027			0.4						25.0
2028			0.4						22.8
2029			0.4						21.7
Thereafter			15.2						175.3
Total minimum lease payments			$	17.3					$	314.0
Less: Amount of lease payments representing interest			(9.0)						(83.9)
Present value of future minimum lease payments			$	8.4					$	230.1
Less: current obligations under leases (a)			—						(28.3)
Long-term lease obligation (b)			$	8.4					$	201.8

__________________________

(a) Includes $0.2 million of operating lease liabilities classified as liabilities associated with assets held for sale.

(b) Includes $1.7 million of operating lease liabilities classified as liabilities associated with assets held for sale.

X

- Definition

Assets And Liabilities, Lessee [Table Text Block]

+ References

No definition available.

+ Details

Name:	abg_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix:	abg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Lease Term and Discount Rate, Lessee [Table Text Block]

+ References

No definition available.

+ Details

Name:	abg_LeaseTermandDiscountRateLesseeTableTextBlock
Namespace Prefix:	abg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of supplemental cash flow information for the periods presented.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration