v3.25.2
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information
Selected reportable segment data for continuing operations were as follows (in millions). All intercompany balances and transactions have been eliminated in consolidation.
Three Months Ended June 30, 2025Six Months Ended June 30, 2025
U.S.U.K.TotalU.S.U.K.Total
Total revenues$4,177.2 

$1,526.4 $5,703.5 $8,098.9 $3,109.9 $11,208.8 
Cost of sales$3,448.5 

$1,319.3 $4,767.8 $6,695.3 $2,685.8 $9,381.1 
SG&A expenses $471.6 

$174.5 $646.1 $919.0 $344.3 $1,263.4 
Depreciation and amortization expense$22.2 $6.5 $28.7 $43.2 $14.8 $58.0 
Asset impairments$0.4 $— $0.4 $(1.9)$2.7 $0.8 
Restructuring charges$— $7.6 $7.6 $— $18.7 $18.7 
Floorplan interest expense$20.1 $6.3 $26.4 $40.8 $12.5 $53.3 
Other interest expense, net$34.9 $7.8 $42.7 $67.2 $15.3 $82.5 
Other segment items (1)
$— $— $— $(0.2)$— $(0.2)
Income before income taxes $179.6 $4.3 $183.9 $335.7 $15.7 $351.4 
Capital expenditures:
Real estate related capital expenditures$17.7 $— $17.7 $32.5 $— $32.5 
Non-real estate related capital expenditures45.8 8.2 54.0 79.4 12.0 91.4 
Total capital expenditures$63.5 $8.2 $71.7 $111.9 $12.0 $123.9 
Three Months Ended June 30, 2024Six Months Ended June 30, 2024
U.S.U.K.TotalU.S.U.K.Total
Total revenues$3,921.2 

$775.2 $4,696.4 $7,566.9 $1,600.0 $9,166.9 
Cost of sales$3,253.5 

$676.4 $3,929.8 $6,260.1 $1,397.7 $7,657.7 
SG&A expenses $417.6 

$79.6 $497.2 $812.5 $160.8 $973.3 
Depreciation and amortization expense$24.1 $4.1 $28.2 $44.0 $8.0 $52.0 
Floorplan interest expense$21.6 $3.1 $24.7 $39.2 $6.0 $45.2 
Other interest expense, net$31.1 $2.2 $33.4 $57.9 $4.8 $62.7 
Other segment items (1)
$— $0.1 $0.1 $— $(0.4)$(0.4)
Income before income taxes $173.3 $9.7 $183.0 $353.3 $23.0 $376.3 
Capital expenditures:
Real estate related capital expenditures$— $— $— $3.2 $17.8 $21.0 
Non-real estate related capital expenditures30.8 8.9 39.7 68.0 13.9 81.9 
Total capital expenditures$30.8 $8.9 $39.7 $71.1 $31.7 $102.9 
(1) Other segment items include other expenses, which primarily relate to currency translation.
Schedule of Segment Reporting, by Segment, Goodwill and Intangible Assets
June 30, 2025
U.S.U.K.Total
Property and equipment, net$2,306.6 $744.8 $3,051.4 
Total assets (1)
$7,816.0 $2,393.5 $10,209.5 
December 31, 2024
U.S.U.K.Total
Property and equipment, net$2,181.9 $674.6 $2,856.5 
Total assets (1)
$7,630.1 $2,176.6 $9,806.6 
(1) Total assets for reportable segments exclude the total assets related to discontinued operations. The assets related to discontinued operations were immaterial as of June 30, 2025 and December 31, 2024.