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Segment Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
Our operations are organized by management into operating segments by line of business and geography. We have determined that we have four reportable segments as defined in generally accepted accounting principles for segment reporting: (i) Retail Automotive, consisting of our retail automotive dealership operations; (ii) Retail Commercial Truck, consisting of our retail commercial truck dealership operations in the U.S. and Canada; (iii) Other, consisting of our commercial vehicle and power systems distribution operations; and (iv) Non-Automotive Investments, consisting of our equity method investments in non-automotive operations which includes our investment in PTS and other various investments. The Retail Automotive reportable segment includes all automotive dealerships and all departments relevant to the operation of the dealerships and our retail automotive joint ventures. The individual dealership operations included in the Retail Automotive reportable segment represent six operating segments: Eastern, Central, and Western United States, Used Vehicle Dealerships United States, International, and Used Vehicle Dealerships International. These operating segments have been aggregated into one reportable segment as their operations (A) have similar economic characteristics (all are automotive dealerships having similar margins), (B) offer similar products and services (all sell new and/or used vehicles, service, parts, and third-party finance and insurance products), (C) have similar target markets and customers (generally individuals), and (D) have similar distribution and marketing practices (all distribute products and services through dealership facilities that market to customers in similar fashions). The accounting policies of the segments are the same and are described in Note 1.
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		OtherNon-Automotive
Investments		Total
Revenues
2022$23,694.7 $3,541.3 $578.8 $— $27,814.8 
202122,513.3 2,465.7 575.7 — 25,554.7 
202017,928.8 2,060.9 454.2 — 20,443.9 
Floor plan interest expense
2022$44.5 $7.5 $0.4 $— $52.4 
202123.9 1.9 0.4 — 26.2 
202039.6 5.6 1.1 — 46.3 
Other interest expense
2022$65.1 $3.9 $1.4 $— $70.4 
202163.8 3.3 1.5 — 68.6 
2020105.9 3.7 1.4 — 111.0 
Depreciation
2022$112.7 $10.0 $4.6 $— $127.3 
2021108.7 7.9 4.9 — 121.5 
2020103.8 6.4 5.3 — 115.5 
Equity in earnings of affiliates
2022$3.5 $— $— $490.7 $494.2 
20218.2 — — 366.3 374.5 
20204.4 — — 164.6 169.0 
Adjusted segment income
2022$1,118.0 $214.7 $35.8 $490.7 $1,859.2 
20211,046.6 160.3 34.5 366.3 1,607.7 
2020443.4 78.2 21.4 164.6 707.6 
Total assets, equity method investments, and capital expenditures by reportable segment are as set forth in the table below:
Retail
Automotive		Retail Commercial
Truck		OtherNon-Automotive
Investments		Total
Total assets
2022$10,483.3 $1,471.9 $563.6 $1,595.8 $14,114.6 
20219,940.4 1,269.4 607.4 1,647.4 13,464.6 
Equity method investments
2022$41.1 $— $— $1,595.8 $1,636.9 
202140.7 — — 1,647.4 1,688.1 
Capital expenditures
2022$245.6 $31.2 $5.7 $— $282.5 
2021239.4 6.3 3.2 — 248.9 
2020175.6 7.2 3.1 — 185.9 
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,
202220212020
Revenue from external customers:
U.S.$16,801.7 $15,275.9 $12,105.1 
Non-U.S.11,013.1 10,278.8 8,338.8 
Total revenue from external customers$27,814.8 $25,554.7 $20,443.9 
Long-lived assets, net:
U.S.$3,001.8 $2,967.7 
Non-U.S.1,186.9 1,204.5 
Total long-lived assets$4,188.7 $4,172.2 
The Company's non-U.S. operations are predominantly based in the U.K.