XML 97 R45.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Reportable Segment Information
The following tables provide information on revenues from external customers, segment income of our reportable segments, floorplan interest expense, depreciation and amortization, total assets, and capital expenditures.
 
 
Year Ended December 31, 2019
 
 
Domestic
 
Import
 
Premium Luxury
 
Corporate and other
 
Total
Revenues from external customers
 
$
6,671.4

 
$
6,468.7

 
$
7,434.8

 
$
760.8

 
$
21,335.7

Floorplan interest expense
 
$
51.8

 
$
30.7

 
$
47.3

 
$
8.6

 
$
138.4

Depreciation and amortization
 
$
37.2

 
$
33.4

 
$
53.5

 
$
56.4

 
$
180.5

Segment income (loss)(1)
 
$
257.6

 
$
318.6

 
$
381.1

 
$
(272.1
)
 
$
685.2

Capital expenditures
 
$
38.6

 
$
23.2

 
$
145.3

 
$
50.3

 
$
257.4

Segment assets
 
$
2,483.6

 
$
1,842.1

 
$
3,150.5

 
$
3,067.1

 
$
10,543.3

 
 
Year Ended December 31, 2018
 
 
Domestic
 
Import
 
Premium Luxury
 
Corporate and other
 
Total
Revenues from external customers
 
$
7,134.5

 
$
6,786.4

 
$
7,010.9

 
$
481.0

 
$
21,412.8

Floorplan interest expense
 
$
51.3

 
$
31.0

 
$
41.7

 
$
6.4

 
$
130.4

Depreciation and amortization
 
$
37.3

 
$
33.2

 
$
47.6

 
$
48.1

 
$
166.2

Segment income (loss)(1)
 
$
249.3

 
$
304.7

 
$
340.9

 
$
(247.4
)
 
$
647.5

Capital expenditures
 
$
77.7

 
$
56.2

 
$
144.2

 
$
115.5

 
$
393.6

Segment assets
 
$
2,684.5

 
$
1,934.3

 
$
3,046.4

 
$
2,999.9

 
$
10,665.1

 
 
Year Ended December 31, 2017
 
 
Domestic
 
Import
 
Premium Luxury
 
Corporate and other
 
Total
Revenues from external customers
 
$
7,452.8

 
$
6,873.4

 
$
6,832.7

 
$
375.7

 
$
21,534.6

Floorplan interest expense
 
$
40.9

 
$
23.2

 
$
28.4

 
$
4.5

 
$
97.0

Depreciation and amortization
 
$
38.2

 
$
34.3

 
$
44.5

 
$
41.6

 
$
158.6

Segment income (loss)(1)
 
$
257.1

 
$
303.1

 
$
348.8

 
$
(162.6
)
 
$
746.4

Capital expenditures
 
$
36.2

 
$
32.8

 
$
101.7

 
$
162.2

 
$
332.9

(1) Segment income represents income for each of our reportable segments and is defined as operating income less floorplan interest expense.
Reconciliation of Reportable Segment Revenue to Total Consolidated Revenue

The following is a reconciliation of the total of the reportable segments’ revenue and segment income to our consolidated revenue and income from continuing operations before income taxes, respectively.
 
Years Ended December 31,
 
2019
 
2018
 
2017
Total external revenues for reportable segments
$
20,574.9

 
$
20,931.8

 
$
21,158.9

Corporate and other revenues
760.8

 
481.0

 
375.7

Total consolidated revenues
$
21,335.7

 
$
21,412.8

 
$
21,534.6
Reconciliation of Reportable Segment Income to Income from Continuing Operations Before Income Taxes
 
Years Ended December 31,
 
2019
 
2018
 
2017
Total segment income for reportable segments
$
957.3

 
$
894.9

 
$
909.0

Corporate and other
(272.1
)
 
(247.4
)
 
(162.6
)
Other interest expense
(106.7
)
 
(119.4
)
 
(120.2
)
Interest income
0.5

 
1.1

 
1.0

Other income, net
33.6

 
0.2

 
9.3

Income from continuing operations before income taxes
$
612.6

 
$
529.4

 
$
636.5