Business Combinations (Tables)

9 Months Ended

Sep. 30, 2016

Business Combinations

Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed

	September 30,
	2016		2015
Accounts receivable	$	3.9	$	52.0
Inventory		63.4		171.7
Other current assets		0.2		1.3
Property and equipment		12.1		72.1
Indefinite-lived intangibles		32.9		68.2
Other non-current assets		2.7		1.3
Current liabilities		(4.4)		(42.1)
Non-current liabilities		(4.8)		(67.8)
Total consideration		106.0		256.7
Seller financed/assumed debt		—		(2.6)
Seller assumed floor plan		—		(118.3)
Fair value of previously held interest		—		(28.0)
Fair value of non-controlling interest		—		(22.4)
Total cash used in acquisitions	$	106.0	$	85.4

Summary of unaudited consolidated pro forma results of operations

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Revenues	$	5,152.0	$	5,232.2	$	15,425.8	$	15,314.0
Income from continuing operations		87.4		88.1		262.4		262.1
Net income		87.5		88.1		261.3		261.0
Income from continuing operations per diluted common share	$	1.03	$	0.98	$	3.04	$	2.90
Net income per diluted common share	$	1.03	$	0.98	$	3.03	$	2.89