Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Income statement or balance sheet information 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		Total
Revenues
2022	$	23,694.7	$	3,541.3	$	578.8	$	—	$	27,814.8
2021	22,513.3		2,465.7		575.7		—		25,554.7
2020	17,928.8		2,060.9		454.2		—		20,443.9
Floor plan interest expense
2022	$	44.5	$	7.5	$	0.4	$	—	$	52.4
2021	23.9		1.9		0.4		—		26.2
2020	39.6		5.6		1.1		—		46.3
Other interest expense
2022	$	65.1	$	3.9	$	1.4	$	—	$	70.4
2021	63.8		3.3		1.5		—		68.6
2020	105.9		3.7		1.4		—		111.0
Depreciation
2022	$	112.7	$	10.0	$	4.6	$	—	$	127.3
2021	108.7		7.9		4.9		—		121.5
2020	103.8		6.4		5.3		—		115.5
Equity in earnings of affiliates
2022	$	3.5	$	—	$	—	$	490.7	$	494.2
2021	8.2		—		—		366.3		374.5
2020	4.4		—		—		164.6		169.0
Adjusted segment income
2022	$	1,118.0	$	214.7	$	35.8	$	490.7	$	1,859.2
2021	1,046.6		160.3		34.5		366.3		1,607.7
2020	443.4		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		Other		Non-Automotive Investments		Total
Total assets
2022	$	10,483.3	$	1,471.9	$	563.6	$	1,595.8	$	14,114.6
2021	9,940.4		1,269.4		607.4		1,647.4		13,464.6
Equity method investments
2022	$	41.1	$	—	$	—	$	1,595.8	$	1,636.9
2021	40.7		—		—		1,647.4		1,688.1
Capital expenditures
2022	$	245.6	$	31.2	$	5.7	$	—	$	282.5
2021	239.4		6.3		3.2		—		248.9
2020	175.6		7.2		3.1		—		185.9

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,
	2022		2021		2020
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