Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 667.2	$ 531.5
Restricted cash	192.2	163.3
Trade and other receivables, net of allowance for credit losses of $9.1 and $8.6, respectively	894.8	706.3
Prepaid consigned vehicle charges	62.2	62.4
Inventory	119.1	139.8
Other current assets	97.6	107.8
Income taxes receivable	55.4	73.7
Total current assets	2,088.5	1,784.8
Property, plant and equipment, net	1,541.4	1,522.3
Operating lease right-of-use assets	1,558.8	1,545.5
Other non-current assets	149.7	149.4
Intangible assets, net	2,388.0	2,464.5
Goodwill	4,662.3	4,668.0
Deferred tax assets	8.5	8.5
Total assets	12,397.2	12,143.0
Current liabilities:
Auction proceeds payable	687.1	457.9
Trade and other liabilities	664.2	836.5
Current operating lease liabilities	132.8	128.2
Income taxes payable	17.8	6.7
Short-term debt	282.0	137.5
Current portion of long-term debt	51.2	51.2
Total current liabilities	1,835.1	1,618.0
Long-term operating lease liabilities	1,472.3	1,456.8
Long-term debt	2,271.0	2,282.8
Other non-current liabilities	158.3	158.5
Deferred tax liabilities	559.2	559.2
Total liabilities	6,295.9	6,075.3
Temporary equity:
Series A Senior Preferred Shares; shares authorized, issued and outstanding: 485.0 million	482.0	482.0
Redeemable non-controlling interest	0.0	12.6
Stockholders' equity:
Senior preferred and junior preferred stock; unlimited shares authorized; shares issued and outstanding, other than Series A Senior Preferred Shares: nil	0.0	0.0
Common stock and additional paid-in capital, no par value; unlimited shares authorized; shares issued and outstanding: 186.3 million and 185.1 million, respectively	4,360.4	4,365.1
Retained earnings	1,323.5	1,254.6
Accumulated other comprehensive loss	(65.0)	(48.3)
Stockholders' equity	5,618.9	5,571.4
Non-controlling interests	0.4	1.7
Total stockholders' equity	5,619.3	5,573.1
Total liabilities, temporary equity and stockholders' equity	$ 12,397.2	$ 12,143.0