Inventory Financing Agreements (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Financing Agreements [Abstract]

Inventory Financing Agreements

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

(in millions)	September 30, 2019		December 31, 2018
Revolving Loan inventory financing agreement(1)	$	382.1	$	406.3
Other inventory financing agreements	29.6		23.0
Accounts payable-inventory financing	$	411.7	$	429.3

(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.