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REVENUE RECOGNITION (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Revenue from contracts with customers consists of the following:
| For the Three Months Ended March 31,
| 2025 |  | 2024
| (In millions)
Revenue: |  |  |
New vehicle | $ | 2,138.1 |  |  | $ | 2,064.3 |
Used vehicle retail | 1,078.9 |  |  | 1,191.4 |
Used vehicle wholesale | 156.9 |  |  | 165.5 |
New and used vehicle | 3,373.9 |  |  | 3,421.2 |
Sale of vehicle parts and accessories | 125.5 |  |  | 133.7 |
Vehicle repair and maintenance services | 462.1 |  |  | 456.6 |
Parts and service | 587.6 |  |  | 590.4 |
Finance and insurance, net | 187.0 |  |  | 189.7 |
Total revenue | $ | 4,148.5 |  |  | $ | 4,201.2 |
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, January 1, 2025 | $ | 17.8 |  |  | $ | 12.8 |  |  | $ | 90.1 |  |  | $ | 120.7 |
Transferred to receivables from contract assets recognized at the beginning of the period | (17.8) |  |  | (1.9) |  |  | — |  |  | (19.7) |
Amortization of costs incurred to obtain a contract with a customer | — |  |  | — |  |  | (7.2) |  |  | (7.2) |
Costs incurred to obtain a contract with a customer | — |  |  | — |  |  | 11.0 |  |  | 11.0 |
Increases related to revenue recognized, inclusive of adjustments to constraint, during the period | 17.5 |  |  | 1.6 |  |  | — |  |  | 19.1 |
Contract Assets, March 31, 2025 | $ | 17.5 |  |  | $ | 12.5 |  |  | $ | 93.9 |  |  | $ | 123.9 |
Contract Assets (current), March 31, 2025 | $ | 17.5 |  |  | $ | 12.5 |  |  | $ | 25.3 |  |  | $ | 55.3 |
Contract Assets (long-term), March 31, 2025 | $ | — |  |  | $ | — |  |  | $ | 68.6 |  |  | $ | 68.6 |

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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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