Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Revenues and segment income by reportable segment

The following table summarizes revenues, floor plan interest expense, other interest expense, depreciation, equity in earnings of affiliates, and income from continuing operations before certain non-recurring items and income taxes, which is

the measure by which management allocates resources to its segments and which we refer to as adjusted segment income, for each of our reportable segments.


	Retail Automotive		Retail Commercial Truck		Other		Non-Automotive Investments		Intersegment Elimination		Total
Revenues
2021	$	22,513.3	$	2,465.7	$	575.7	$	—	$	—	$	25,554.7
2020	17,928.8		2,060.9		454.2		—		—		20,443.9
2019	20,615.8		2,050.5		513.1		—		—		23,179.4
Floor plan interest expense
2021	$	23.9	$	1.9	$	0.4	$	—	$	—	$	26.2
2020	39.6		5.6		1.1		—		—		46.3
2019	74.9		8.0		1.6		—		—		84.5
Other interest expense
2021	$	63.8	$	3.3	$	1.5	$	—	$	—	$	68.6
2020	105.9		3.7		1.4		—		—		111.0
2019	118.4		3.2		2.6		—		—		124.2
Depreciation
2021	$	108.7	$	7.9	$	4.9	$	—	$	—	$	121.5
2020	103.8		6.4		5.3		—		—		115.5
2019	99.1		5.5		5.0		—		—		109.6
Equity in earnings of affiliates
2021	$	8.2	$	—	$	—	$	366.3	$	—	$	374.5
2020	4.4		—		—		164.6		—		169.0
2019	5.2		—		—		142.3		—		147.5
Adjusted segment income
2021	$	1,046.6	$	160.3	$	34.5	$	366.3	$	—	$	1,607.7
2020	443.4		78.2		21.4		164.6		—		707.6
2019	339.9		86.5		22.8		142.3		—		591.5

Total assets, equity method investments, and capital expenditures by reporting segment

Total assets, equity method investments, and capital expenditures by reportable segment are as set forth in the table below:


	Retail Automotive		Retail Commercial Truck		Other		Non-Automotive Investments		Intersegment Elimination		Total
Total assets
2021	$	9,940.4	$	1,269.4	$	607.4	$	1,647.4	$	—	$	13,464.6
2020	10,352.8		839.1		632.2		1,423.1		—		13,247.2
Equity method investments
2021	$	40.7	$	—	$	—	$	1,647.4	$	—	$	1,688.1
2020	77.2		—		—		1,423.1		—		1,500.3
Capital expenditures
2021	$	239.4	$	6.3	$	3.2	$	—	$	—	$	248.9
2020	175.6		7.2		3.1		—		—		185.9
2019	231.9		9.9		3.5		—		—		245.3

Schedule of revenue and long-lived assets by geographic area

The following table presents revenue and long-lived assets (all non-current assets except goodwill, other indefinite-lived intangible assets, and operating lease right-of-use assets) by geographic area:


	Year Ended December 31,
	2021		2020		2019
Revenue from external customers:
U.S.	$	15,275.9	$	12,105.1	$	13,511.8
Non-U.S.	10,278.8		8,338.8		9,667.6
Total revenue from external customers	$	25,554.7	$	20,443.9	$	23,179.4
Long-lived assets, net:
U.S.	$	2,967.7	$	2,605.1
Non-U.S.	1,204.5		1,325.0
Total long-lived assets	$	4,172.2	$	3,930.1