CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Operating Activities:
Net income	$ 745.4	$ 523.5
Adjustments to reconcile net income to net cash from continuing operating activities:
Depreciation	63.6	59.5
Earnings of equity method investments	(198.4)	(134.2)
Income from discontinued operations, net of tax	0.0	(0.1)
Deferred income taxes	74.8	100.1
Debt redemption costs	0.0	17.0
Changes in operating assets and liabilities:
Accounts receivable	(58.1)	(106.2)
Inventories	(15.1)	525.1
Floor plan notes payable	121.0	(396.9)
Accounts payable and accrued expenses	129.7	315.3
Other	16.3	13.6
Net cash provided by continuing operating activities	879.2	916.7
Investing Activities:
Purchases of property, equipment, and improvements	(138.1)	(90.8)
Proceeds from sale of dealerships	0.0	4.3
Proceeds from sale of property and equipment	11.4	31.7
Acquisitions net, including repayment of sellers’ floor plan notes payable of $51.3 and $24.3, respectively	(225.9)	(278.0)
Other	(4.4)	1.2
Net cash used in continuing investing activities	(357.0)	(331.6)
Financing Activities:
Proceeds from borrowings under U.S. credit agreement revolving credit line	974.0	1,087.0
Repayments under U.S. credit agreement revolving credit line	(974.0)	(1,195.0)
Net borrowings (repayments) of other long-term debt	23.8	(63.1)
Net repayments of floor plan notes payable — non-trade	(115.6)	(181.9)
Repurchases of common stock	(275.4)	(28.1)
Dividends	(74.4)	(70.2)
Payment of debt issuance costs	(0.1)	(6.1)
Other	(17.3)	(12.7)
Net cash used in continuing financing activities	(459.0)	(470.1)
Discontinued operations:
Net cash provided by discontinued operating activities	0.0	0.1
Net cash provided by discontinued operations	0.0	0.1
Effect of exchange rate changes on cash and cash equivalents	(9.0)	0.6
Net change in cash and cash equivalents	54.2	115.7
Cash and cash equivalents, beginning of period	100.7	49.5
Cash and cash equivalents, end of period	154.9	165.2
Cash paid (received) for:
Income taxes	158.9	(14.1)
Interest	49.2	58.3
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	4,219.4	3,762.7
Voting and Non-voting Common Stock
Cash paid (received) for:
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	0.0	0.0
3.75% senior subordinated notes due 2029
Financing Activities:
Issuance of 3.75% senior subordinated notes	0.0	500.0
5.50% senior subordinated notes due 2026
Financing Activities:
Repayment of 5.50% senior subordinated notes	$ 0.0	$ (500.0)