Inventory Financing Agreements (Tables)

3 Months Ended

Mar. 31, 2020

Inventory Financing Agreements [Abstract]

Inventory Financing Agreements

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

	March 31, 2020		December 31, 2019
Revolving Loan inventory financing agreement(1)	$	303.8	$	379.1
Other inventory financing agreements	41.7		50.8
Accounts payable-inventory financing	$	345.5	$	429.9

(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.