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Finance Receivables and Obligations Collateralized by Finance Receivables (Tables)

12 Months Ended

Dec. 31, 2023

Financing Receivable, after Allowance for Credit Loss, Current [Abstract]

Schedule of quantitative information about delinquencies, credit losses less recoveries ("net credit losses") and components of securitized financial assets and other related assets managed

The following tables present quantitative information about delinquencies, credit loss charge-offs less recoveries ("net credit losses") and components of securitized financial assets and other related assets managed. For purposes of this illustration, delinquent receivables are defined as receivables 31 days or more past due.

			December 31, 2023												Net Credit Losses During 2023
			Total Amount of:
(in millions)			Receivables						Receivables Delinquent
Floorplan receivables			$	2,301.4					$	23.7					$	49.2
Other loans			3.6						—						—
Total receivables managed			$	2,305.0					$	23.7					$	49.2

			December 31, 2022												Net Credit Losses During 2022
			Total Amount of:
(in millions)			Receivables						Receivables Delinquent
Floorplan receivables			$	2,409.9					$	17.5					$	11.1
Other loans			6.7						—						—
Total receivables managed			$	2,416.6					$	17.5					$	11.1

Schedule of obligations collateralized by finance receivables

Obligations collateralized by finance receivables consisted of the following:

			December 31,
			2023						2022
Obligations collateralized by finance receivables, gross			$	1,645.4					$	1,697.0
Unamortized securitization issuance costs			(13.5)						(19.4)
Obligations collateralized by finance receivables			$	1,631.9					$	1,677.6

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- References

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- Definition

Tabular disclosure of the carrying amount and classification of assets and liabilities recognized in the transferor's statement of financial position at the end of each period presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (b)(1)
-SubTopic 30
-Topic 860
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481420/860-30-50-1A

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- Definition

Tabular disclosure of transferred financial assets that continue to be recognized and other financial assets that it manages together with them. Includes, but is not limited to, delinquencies and credit losses, after recoveries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481326/860-20-50-4

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