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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities:    
Net income $ 259.1 $ 216.9
Adjustments to reconcile net income to net cash from continuing operating activities:    
Depreciation 57.7 50.6
Earnings of equity method investments (22.9) (22.9)
Loss from discontinued operations, net of tax 1.1 7.2
Deferred income taxes (9.9) 9.8
Changes in operating assets and liabilities:    
Accounts receivable (16.6) (41.5)
Inventories (180.4) 60.3
Floor plan notes payable 209.5 (76.9)
Accounts payable and accrued expenses 60.3 68.1
Other 15.5 4.4
Net cash provided by continuing operating activities 373.4 276.0
Investing Activities:    
Purchase of equipment and improvements (151.1) (139.6)
Acquisitions net, including repayment of sellers' floor plan notes payable of $41.2 and $23.0, respectively (85.4) (86.2)
Other 0.2 (25.3)
Net cash used in continuing investing activities (236.3) (251.1)
Financing Activities:    
Proceeds from borrowings under U.S. credit agreement revolving credit line 1,060.4 951.1
Repayments under U.S. credit agreement revolving credit line (982.4) (867.1)
Repayment of U.S credit agreement term loan (88.0)  
Repayment of U.S. commercial truck capital loan (60.5)  
Net (repayments) borrowings of other long-term debt (95.2) 43.0
Net borrowings of floor plan notes payable - non-trade 94.6  
Payment of deferred financing fees (1.8)  
Repurchases of common stock (22.0) (15.5)
Dividends (62.3) (51.5)
Other (5.9) 0.2
Net cash (used in) provided by continuing financing activities (163.1) 60.2
Discontinued operations:    
Net cash used in discontinued operating activities (2.8) (1.4)
Net cash provided by discontinued investing activities 129.6 4.8
Net cash (used in) provided by discontinued financing activities (87.1) 11.7
Net cash provided by discontinued operations 39.7 15.1
Effect of exchange rate changes on cash and cash equivalents (0.3)  
Net change in cash and cash equivalents 13.4 100.2
Cash and cash equivalents, beginning of period 36.3 50.3
Cash and cash equivalents, end of period 49.7 150.5
Cash paid for:    
Interest 67.8 67.6
Income taxes $ 100.3 $ 85.6