Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
ASSETS
Cash and cash equivalents	$ 65.5	$ 58.6
Receivables, net	829.2	948.4
Inventory	3,444.4	3,404.9
Other current assets	241.0	235.8
Total Current Assets	4,580.1	4,647.7
AUTO LOANS RECEIVABLE, net of allowance for credit losses of $101.3 million and $95.4 million, respectively	2,371.2	2,140.2
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $2.5 billion and $2.5 billion, respectively	3,949.8	3,956.2
OPERATING LEASE ASSETS	441.1	456.4
GOODWILL	1,407.4	1,409.3
OTHER INTANGIBLE ASSETS, NET	1,028.6	1,028.9
OTHER ASSETS	845.1	753.5
Total Assets	14,623.3	14,392.2
LIABILITIES AND SHAREHOLDERS’ EQUITY
Vehicle floorplan payable	3,759.0	3,828.3
Accounts payable	376.9	369.9
Commercial paper	320.0	200.0
Other current liabilities	1,018.3	1,003.9
Total Current Liabilities	5,626.4	5,540.6
NONCURRENT OPERATING LEASE LIABILITIES	418.4	431.8
DEFERRED INCOME TAXES	112.9	94.1
OTHER LIABILITIES	409.4	399.0
COMMITMENTS AND CONTINGENCIES (Note 15)
SHAREHOLDERS’ EQUITY:
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 63,562,149 shares issued at March 31, 2026, and December 31, 2025, including shares held in treasury	0.6	0.6
Additional paid-in capital	7.0	32.0
Retained earnings	6,171.0	5,976.1
Treasury stock, at cost; 29,648,877 and 28,362,366 shares held, respectively	(3,951.7)	(3,667.6)
Total Shareholders’ Equity	2,226.9	2,341.1
Total Liabilities and Shareholders’ Equity	14,623.3	14,392.2
Nonrecourse
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current portion of non-recourse debt	77.4	63.8
Non-recourse debt, net of current maturities	2,108.2	1,880.8
Recourse
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current maturities of long-term debt	74.8	74.7
LONG-TERM DEBT, NET OF CURRENT MATURITIES	3,721.1	3,704.8
Trade
LIABILITIES AND SHAREHOLDERS’ EQUITY
Vehicle floorplan payable	2,102.8	2,200.6
Non-Trade
LIABILITIES AND SHAREHOLDERS’ EQUITY
Vehicle floorplan payable	$ 1,656.2	$ 1,627.7