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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 57.1 $ 84.0
Accounts receivable, net of allowance for doubtful accounts of $6.3 and $7.3 511.7 505.0
Inventories, net 2,128.7 2,433.7
Other current assets 52.9 47.8
Total Current Assets 2,750.4 3,070.5
Property and equipment, net of accumulated depreciation of $326.1 and $284.3 1,798.3 1,611.7
Operating lease right-of-use assets 266.5 251.9
Goodwill 592.2 454.6
Franchise value 355.5 306.7
Other non-current assets 632.8 388.5
Total Assets 6,395.7 6,083.9
Current Liabilities:    
Floor plan notes payable 310.3 425.2
Floor plan notes payable: non-trade 1,293.2 1,642.4
Current maturities of long-term debt 56.5 39.3
Trade payables 150.2 125.3
Accrued liabilities 402.2 336.9
Total Current Liabilities 2,212.4 2,569.1
Long-term debt, less current maturities 1,799.0 1,430.6
Deferred revenue 150.7 137.9
Deferred income taxes 135.7 131.1
Non-current operating lease liabilities 250.7 238.5
Other long-term liabilities 152.8 109.0
Total Liabilities 4,701.3 4,616.2
Stockholders’ Equity:    
Preferred stock - no par value; authorized 15.0 shares; none outstanding 0.0 0.0
Additional paid-in capital 36.4 46.0
Accumulated other comprehensive loss (6.8) (0.7)
Retained earnings 1,658.8 1,401.8
Total Stockholders’ Equity 1,694.4 1,467.7
Total Liabilities and Stockholders’ Equity 6,395.7 6,083.9
Class A common stock    
Stockholders’ Equity:    
Common stock - Class A and Class B 5.9 20.5
Class B common stock    
Stockholders’ Equity:    
Common stock - Class A and Class B $ 0.1 $ 0.1