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REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 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 June 30,
			2025						2024
			(In millions)
Revenue:
New vehicle			$	2,303.9					$	2,164.9
Used vehicle retail			1,129.4						1,167.2
Used vehicle wholesale			156.3						140.9
New and used vehicle			3,589.7						3,472.9
Sale of vehicle parts and accessories			124.4						125.2
Vehicle repair and maintenance services			477.1						455.6
Parts and services			601.5						580.9
Finance and insurance, net			182.0						192.4
Total revenue			$	4,373.1					$	4,246.2

			For the Six Months Ended June 30,
			2025						2024
			(In millions)
Revenue:
New vehicle			$	4,442.0					$	4,229.1
Used vehicle retail			2,208.3						2,358.5
Used vehicle wholesale			313.2						306.4
New and used vehicle			6,963.5						6,894.1
Sale of vehicle parts and accessories			249.9						258.9
Vehicle repair and maintenance services			939.2						912.3
Parts and service			1,189.1						1,171.2
Finance and insurance, net			368.9						382.1
Total revenue			$	8,521.6					$	8,447.4

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
Transferred to receivables from contract assets recognized at the beginning of the period			(17.5)						(1.8)						—						(19.2)
Amortization of costs to obtain a contract with a customer			—						—						(6.8)						(6.8)
Costs incurred to obtain a contract with a customer			—						—						14.3						14.3
Increases related to revenue recognized, inclusive of adjustments to constraint, during the period			18.3						1.5						—						19.8
Contract Assets, June 30, 2025			$	18.3					$	12.3					$	101.5					$	132.1
Contract Assets (current), June 30, 2025			$	18.3					$	12.3					$	27.4					$	58.0
Contract Assets (long-term), June 30, 2025			$	—					$	—					$	74.0					$	74.0

X

- 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

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X

- 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

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- References

No definition available.

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