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Unaudited Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:    
NET INCOME $ 205.4 $ 175.5
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 63.0 61.8
Amortization of debt issuance costs and accretion of debt discounts 2.8 2.0
Stock-based compensation expense 17.3 16.7
Provision for credit losses on auto loans receivable 19.6 19.2
Deferred income tax provision 22.2 2.9
(Gain) loss on equity investments (54.0) 11.5
Loss on corporate-owned life insurance asset 2.9 1.9
Other 0.9 (1.7)
(Increase) decrease, net of effects from business acquisitions and divestitures:    
Receivables 119.2 43.0
Auto loans receivable, net (253.5) (365.4)
Inventory (43.9) 169.2
Other assets (2.9) 29.8
Increase (decrease), net of effects from business acquisitions and divestitures:    
Vehicle floorplan payable - trade (102.2) (186.5)
Accounts payable 8.5 (45.4)
Other liabilities 16.9 13.0
Net cash provided by (used in) operating activities 22.2 (52.5)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Purchases of property and equipment (56.4) (75.2)
Cash received from business divestitures, net of cash relinquished 12.7 0.0
Cash paid for business acquisitions, net of cash acquired 0.0 (69.6)
Collections on auto loans receivable acquired through third-party dealers 2.9 5.7
Investments in equity securities (11.5) 0.0
Other 3.4 3.0
Net cash used in investing activities (48.9) (136.1)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES:    
Repurchases of common stock (301.0) (220.6)
Proceeds from 5.89% Senior Notes due 2035 0.0 500.0
Net proceeds from (payments of) commercial paper 120.0 (290.0)
Proceeds from non-recourse debt 1,102.2 407.0
Payments of non-recourse debt (858.5) (153.0)
Payment of debt issuance costs (3.4) (4.9)
Net proceeds from (payments of) vehicle floorplan payable - non-trade 36.3 (0.9)
Payments of other debt obligations (5.0) (3.3)
Payments of tax withholdings for stock-based awards (23.8) (19.9)
Proceeds from the exercise of stock options 0.0 0.2
Net cash provided by financing activities 66.8 214.6
INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 40.1 26.0
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH at beginning of period 85.8 103.4
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH at end of period $ 125.9 $ 129.4