Inventory Financing Agreements (Tables)

12 Months Ended

Dec. 31, 2018

Inventory Financing Agreements [Abstract]

Inventory Financing Agreements

Amounts included in accounts payable-inventory financing are as follows:

	December 31,
(in millions)	2018		2017
Revolving Loan inventory financing agreement(1)	$	406.3	$	480.9
Other inventory financing agreements	23.0		17.1
Accounts payable-inventory financing	$	429.3	$	498.0

(1)

The Senior Secured Asset-Based Revolving Credit Facility includes an inventory floorplan sub-facility that enables the Company to maintain an inventory financing agreement with a financial intermediary to facilitate the purchase of inventory from certain vendors on more favorable terms than offered directly by the vendors.