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Consolidated Income Statements (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue:      
TOTAL REVENUE $ 17,517.6 $ 15,667.5 $ 13,832.3
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 14,757.7 13,181.3 11,528.3
Gross Profit:      
TOTAL GROSS PROFIT 2,759.9 2,486.2 2,304.0
Selling, general & administrative expenses 1,935.0 1,749.3 1,649.4
Depreciation and amortization 95.3 87.3 83.7
Franchise rights impairment 0 4.2 0
Other expenses (income), net (10.7) 0.1 (1.1)
OPERATING INCOME 740.3 645.3 572.0
Non-operating income (expense) items:      
Floorplan interest expense (53.4) (45.5) (42.7)
Other interest expense (88.3) (86.9) (66.0)
Loss on debt extinguishment 0 0 (2.2)
Interest income 0.2 0.3 0.7
Other income (losses), net 5.6 3.6 (0.5)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 604.4 516.8 461.3
Income tax provision 228.6 199.5 177.1
NET INCOME FROM CONTINUING OPERATIONS 375.8 317.3 284.2
Loss from discontinued operations, net of income taxes (0.9) (0.9) (2.8)
NET INCOME 374.9 316.4 281.4
BASIC EARNINGS (LOSS) PER SHARE:      
Continuing operations $ 3.10 $ 2.56 $ 1.96
Discontinued operations $ (0.01) $ (0.01) $ (0.02)
Net income $ 3.09 $ 2.56 $ 1.94
Weighted average common shares outstanding 121.3 123.8 144.8
DILUTED EARNINGS (LOSS) PER SHARE:      
Continuing operations $ 3.05 $ 2.52 $ 1.93
Discontinued operations $ (0.01) $ (0.01) $ (0.02)
Net income $ 3.04 $ 2.52 $ 1.91
Weighted average common shares outstanding 123.3 125.8 147.3
COMMON SHARES OUTSTANDING, net of treasury stock, at period end 120.9 120.9 135.8
New Vehicle [Member]
     
Revenue:      
TOTAL REVENUE 9,949.6 8,906.2 7,498.9
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 9,333.2 8,326.7 6,951.2
Gross Profit:      
TOTAL GROSS PROFIT 616.4 579.5 547.7
Used Vehicle [Member]
     
Revenue:      
TOTAL REVENUE 4,127.4 3,714.3 3,512.8
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 3,797.7 3,415.1 3,228.0
Gross Profit:      
TOTAL GROSS PROFIT 329.7 299.2 284.8
Parts and Service [Member]
     
Revenue:      
TOTAL REVENUE 2,597.4 2,399.2 2,293.1
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 1,491.6 1,391.2 1,323.0
Gross Profit:      
TOTAL GROSS PROFIT 1,105.8 1,008.0 970.1
Finance and Insurance, Net [Member]
     
Revenue:      
TOTAL REVENUE 674.0 571.2 474.5
Gross Profit:      
TOTAL GROSS PROFIT 674.0 571.2 474.5
Other Goods and Services [Member]
     
Revenue:      
TOTAL REVENUE 169.2 76.6 53.0
Cost of Sales:      
TOTAL COST OF SALES (excluding depreciation shown below) 135.2 48.3 26.1
Gross Profit:      
TOTAL GROSS PROFIT $ 34.0 $ 28.3 $ 26.9