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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 84.0 $ 31.6
Accounts receivable, net of allowance for doubtful accounts of $7.3 and $7.2 505.0 529.4
Inventories, net 2,433.7 2,365.3
Other current assets 47.8 65.1
Total Current Assets 3,070.5 2,991.4
Property and equipment, net of accumulated depreciation of $284.3 and $240.5 1,611.7 1,448.0
Operating lease right-of-use assets 251.9  
Goodwill 454.6 434.9
Franchise value 306.7 288.7
Other non-current assets 388.5 221.0
Total Assets 6,083.9 5,384.0
Current Liabilities:    
Floor plan notes payable 425.2 324.4
Floor plan notes payable: non-trade 1,642.4 1,733.3
Current maturities of long-term debt 39.3 25.9
Trade payables 125.3 126.3
Accrued liabilities 336.9 283.6
Total Current Liabilities 2,569.1 2,493.5
Long-term debt, less current maturities 1,430.6 1,358.2
Deferred revenue 137.9 121.7
Deferred income taxes 131.1 91.2
Non-current operating lease liabilities 238.5  
Other long-term liabilities 109.0 122.2
Total Liabilities 4,616.2 4,186.8
Stockholders’ Equity:    
Preferred stock - no par value 0.0 0.0
Additional paid-in capital 46.0 35.0
Accumulated other comprehensive loss (0.7) 0.0
Retained earnings 1,401.8 1,162.1
Total Stockholders’ Equity 1,467.7 1,197.2
Total Liabilities and Stockholders’ Equity 6,083.9 5,384.0
Class A common stock    
Stockholders’ Equity:    
Common stock: Class A and Class B 20.5 0.0
Class B common stock    
Stockholders’ Equity:    
Common stock: Class A and Class B $ 0.1 $ 0.1