2024 Q1 Form 10-K Financial Statement

#000114498024000076 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $4.201B $3.812B $14.80B
YoY Change 17.28% 2.85% -4.09%
Cost Of Revenue $3.451B $3.139B $12.05B
YoY Change 19.58% 5.75% -2.32%
Gross Profit $750.0M $673.0M $2.756B
YoY Change 7.73% -8.81% -11.12%
Gross Profit Margin 17.85% 17.66% 18.62%
Selling, General & Admin $468.6M $414.0M $1.617B
YoY Change 16.28% -1.78% -8.28%
% of Gross Profit 62.48% 61.52% 58.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.70M $17.20M $67.70M
YoY Change 11.98% 11.69% -1.88%
% of Gross Profit 2.49% 2.56% 2.46%
Operating Expenses $468.6M $431.2M $1.685B
YoY Change 16.28% -0.96% -4.44%
Operating Profit $262.8M $241.8M $1.071B
YoY Change -4.95% -20.09% -15.87%
Interest Expense -$66.90M -$49.00M -$165.7M
YoY Change 76.52% 20.1% 3.18%
% of Operating Profit -25.46% -20.26% -15.48%
Other Income/Expense, Net -$66.90M $0.00 -$152.2M
YoY Change 76.05% -427.31%
Pretax Income $195.8M $75.60M $801.3M
YoY Change -17.9% -83.72% -39.25%
Income Tax $48.80M $20.10M $198.8M
% Of Pretax Income 24.92% 26.59% 24.81%
Net Earnings $147.1M $55.50M $602.5M
YoY Change -18.91% -84.29% -39.59%
Net Earnings / Revenue 3.5% 1.46% 4.07%
Basic Earnings Per Share $7.24 $28.87
Diluted Earnings Per Share $7.21 $2.71 $28.69
COMMON SHARES
Basic Shares Outstanding 20.40M shares 20.58M shares 20.90M shares
Diluted Shares Outstanding 20.40M shares 21.00M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $35.90M $51.90M $51.90M
YoY Change -88.12% -78.44% -78.44%
Cash & Equivalents $29.00M $45.70M $45.70M
Short-Term Investments $6.900M $6.200M $6.200M
Other Short-Term Assets $332.0M $388.9M $951.8M
YoY Change 11.11% 34.99% 96.41%
Inventory $1.863B $1.768B $1.768B
Prepaid Expenses $41.40M
Receivables $139.4M $137.9M $191.7M
Other Receivables $87.50M $88.20M $93.40M
Total Short-Term Assets $2.922B $3.057B $3.057B
YoY Change 42.54% 60.07% 60.07%
LONG-TERM ASSETS
Property, Plant & Equipment $2.408B $2.316B $2.558B
YoY Change 24.76% 19.3% 17.51%
Goodwill $2.015B $2.009B
YoY Change 12.98% 12.65%
Intangibles
YoY Change
Long-Term Investments $334.7M $326.7M $326.7M
YoY Change 19.2% 39.02% 39.02%
Other Assets $127.4M $113.3M $113.3M
YoY Change 29.87% -2.91% -2.91%
Total Long-Term Assets $7.209B $7.102B $7.102B
YoY Change 17.55% 16.21% 16.21%
TOTAL ASSETS
Total Short-Term Assets $2.922B $3.057B $3.057B
Total Long-Term Assets $7.209B $7.102B $7.102B
Total Assets $10.13B $10.16B $10.16B
YoY Change 23.81% 26.65% 26.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $723.6M $155.6M $155.6M
YoY Change 7.65% -75.88% 5.56%
Accrued Expenses $26.00M $7.300M $297.6M
YoY Change 15.04% -69.07% -10.17%
Deferred Revenue $230.9M $228.6M
YoY Change 4.1% 4.43%
Short-Term Debt $1.690B $1.786B $2.025B
YoY Change 3607.02% 3401.37% 1291.62%
Long-Term Debt Due $84.40M $84.90M $84.90M
YoY Change 1.56% 0.47% 0.47%
Total Short-Term Liabilities $2.757B $2.876B $2.876B
YoY Change 158.11% 178.28% 178.28%
LONG-TERM LIABILITIES
Long-Term Debt $3.108B $3.121B $3.121B
YoY Change -2.71% -2.97% -2.97%
Other Long-Term Liabilities $53.50M $51.70M $782.0M
YoY Change -2.9% -3.36% 1.96%
Total Long-Term Liabilities $53.50M $51.70M $3.903B
YoY Change -2.9% -3.36% -2.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.757B $2.876B $2.876B
Total Long-Term Liabilities $53.50M $51.70M $3.903B
Total Liabilities $2.811B $2.927B $6.915B
YoY Change 150.21% 169.33% 35.12%
SHAREHOLDERS EQUITY
Retained Earnings $3.062B $2.962B
YoY Change 10.79% 13.46%
Common Stock $1.297B $1.289B
YoY Change 0.63% 0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.078B $1.067B
YoY Change 1.24% 0.4%
Treasury Stock Shares
Shareholders Equity $3.347B $3.244B $3.244B
YoY Change
Total Liabilities & Shareholders Equity $10.13B $10.16B $10.16B
YoY Change 23.81% 26.65% 26.65%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $147.1M $55.50M $602.5M
YoY Change -18.91% -84.29% -39.59%
Depreciation, Depletion And Amortization $18.70M $17.20M $67.70M
YoY Change 11.98% 11.69% -1.88%
Cash From Operating Activities $177.1M $73.20M $313.0M
YoY Change 3.15% 131.65% -55.03%
INVESTING ACTIVITIES
Capital Expenditures $105.0M $65.80M $142.3M
YoY Change 590.79% 86.93% 31.88%
Acquisitions $1.500B
YoY Change 29900.0%
Other Investing Activities $91.40M -$1.522B -$1.536B
YoY Change -328.5% -670.33% -368.27%
Cash From Investing Activities -$13.60M -$1.588B -$1.678B
YoY Change -75.36% -785.37% -461.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$180.2M 1.519B $1.176B
YoY Change 227.64% -997.16% -206.47%
NET CHANGE
Cash From Operating Activities $177.1M 73.20M $313.0M
Cash From Investing Activities -$13.60M -1.588B -$1.678B
Cash From Financing Activities -$180.2M 1.519B $1.176B
Net Change In Cash -$16.70M 4.100M -$189.6M
YoY Change -127.15% -95.64% -436.17%
FREE CASH FLOW
Cash From Operating Activities $177.1M $73.20M $313.0M
Capital Expenditures $105.0M $65.80M $142.3M
Free Cash Flow $72.10M $7.400M $170.7M
YoY Change -53.93% -305.56% -70.97%

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CY2023 us-gaap Gross Profit
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CY2022 us-gaap Gross Profit
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CY2021 us-gaap Gross Profit
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1902200000 usd
CY2023 us-gaap Selling General And Administrative Expense
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1617400000 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1763400000 usd
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67700000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69000000.0 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41900000 usd
CY2023 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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117200000 usd
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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CY2021 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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OtherOperatingIncomeExpenseNet
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CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
4400000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
5400000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
953500000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
1272600000 usd
CY2021 us-gaap Operating Income Loss
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791800000 usd
CY2023 abg Floor Plan Interest Expense
FloorPlanInterestExpense
9600000 usd
CY2022 abg Floor Plan Interest Expense
FloorPlanInterestExpense
8400000 usd
CY2021 abg Floor Plan Interest Expense
FloorPlanInterestExpense
8200000 usd
CY2023 us-gaap Interest Expense Other
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156100000 usd
CY2022 us-gaap Interest Expense Other
InterestExpenseOther
152200000 usd
CY2021 us-gaap Interest Expense Other
InterestExpenseOther
93900000 usd
CY2023 us-gaap Gain Loss On Sale Of Business
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13500000 usd
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
207100000 usd
CY2021 us-gaap Gain Loss On Sale Of Business
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8000000.0 usd
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NonoperatingIncomeExpense
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CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
46500000 usd
CY2021 us-gaap Nonoperating Income Expense
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
801300000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1319100000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
697700000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
321800000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
165300000 usd
CY2021 us-gaap Net Income Loss
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532400000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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20900000 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
602500000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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103300000 usd
CY2023 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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5200000 usd
CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2023 us-gaap Comprehensive Income Net Of Tax
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589100000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1072200000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
537300000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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905500000 usd
CY2021 us-gaap Net Income Loss
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532400000 usd
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 usd
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1600000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4700000 usd
CY2023 us-gaap Other Noncash Income Expense
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CY2022 us-gaap Other Noncash Income Expense
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CY2021 us-gaap Other Noncash Income Expense
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
537300000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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16200000 usd
CY2021 abg Proceeds From Issuance Of Common Stock Secondary Offering Value
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666900000 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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10400000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2115500000 usd
CY2022 us-gaap Net Income Loss
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
25100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
78100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
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CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1072200000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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20600000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
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295600000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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9200000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2903500000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
602500000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
5100000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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CY2023 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
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CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
4100000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
589100000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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23500000 usd
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
260600000 usd
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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11400000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3244100000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
602500000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
997300000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
532400000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
67700000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
69000000.0 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
41900000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
23500000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
20600000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
16200000 usd
CY2023 abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
39700000 usd
CY2022 abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
148500000 usd
CY2021 abg Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingOperationsAndDiscontinuedOperations
31200000 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
117200000 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
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CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2100000 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1000000.0 usd
CY2023 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
34800000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
14700000 usd
CY2021 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
20900000 usd
CY2023 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
13500000 usd
CY2022 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
207100000 usd
CY2021 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
8000000.0 usd
CY2023 abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
26800000 usd
CY2022 abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
25300000 usd
CY2021 abg Changein Operating Lease Rightof Use Asset
ChangeinOperatingLeaseRightofUseAsset
22300000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
48500000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
54600000 usd
CY2021 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
400000 usd
CY2023 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
16300000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
21500000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-47600000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-35300000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
144500000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6900000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-670500000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
564600000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
353700000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
227100000 usd
CY2023 abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
144100000 usd
CY2022 abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
13800000 usd
CY2021 abg Increase Decrease In Floor Plan Notes Payable Trade
IncreaseDecreaseInFloorPlanNotesPayableTrade
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CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-22800000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-42900000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-3600000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
119500000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-69800000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
39200000 usd
CY2023 abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
26700000 usd
CY2022 abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
25400000 usd
CY2021 abg Operating Lease Liability Operating Activities
OperatingLeaseLiabilityOperatingActivities
20600000 usd
CY2023 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
18800000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
36300000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
13200000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
313000000.0 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
696000000.0 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1163700000 usd
CY2023 abg Payments To Acquire Property Plant And Equipment Excluding Real Estate
PaymentsToAcquirePropertyPlantAndEquipmentExcludingRealEstate
142300000 usd
CY2022 abg Payments To Acquire Property Plant And Equipment Excluding Real Estate
PaymentsToAcquirePropertyPlantAndEquipmentExcludingRealEstate
94600000 usd
CY2021 abg Payments To Acquire Property Plant And Equipment Excluding Real Estate
PaymentsToAcquirePropertyPlantAndEquipmentExcludingRealEstate
74200000 usd
CY2023 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 usd
CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
13300000 usd
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
7800000 usd
CY2023 abg Payments To Acquire Previously Leased Real Estate
PaymentsToAcquirePreviouslyLeasedRealEstate
0 usd
CY2022 abg Payments To Acquire Previously Leased Real Estate
PaymentsToAcquirePreviouslyLeasedRealEstate
0 usd
CY2021 abg Payments To Acquire Previously Leased Real Estate
PaymentsToAcquirePreviouslyLeasedRealEstate
217100000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1500000000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5000000.0 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3660400000 usd
CY2023 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
30700000 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
701200000 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
21300000 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
195200000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
202200000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1100000 usd
CY2023 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
0 usd
CY2022 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
41400000 usd
CY2021 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
400000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
60300000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
69700000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
800000 usd
CY2023 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
51800000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
50300000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1678400000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
464700000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
8385800000 usd
CY2022 abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
7406500000 usd
CY2021 abg Proceeds From Floor Plan Borrowings Non Trade
ProceedsFromFloorPlanBorrowingsNonTrade
5042800000 usd
CY2023 abg Floor Plan Borrowings Acquisitions
FloorPlanBorrowingsAcquisitions
256100000 usd
CY2022 abg Floor Plan Borrowings Acquisitions
FloorPlanBorrowingsAcquisitions
0 usd
CY2021 abg Floor Plan Borrowings Acquisitions
FloorPlanBorrowingsAcquisitions
214500000 usd
CY2023 abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
7059800000 usd
CY2022 abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
7891600000 usd
CY2021 abg Repayments Of Floor Plan Payables Non Trade
RepaymentsOfFloorPlanPayablesNonTrade
5357500000 usd
CY2023 abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
0 usd
CY2022 abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
48400000 usd
CY2021 abg Repayments Of Floor Plan Payables Non Trade Divestitures
RepaymentsOfFloorPlanPayablesNonTradeDivestitures
800000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2274000000 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
126000000.0 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
106200000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
41500000 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
329000000.0 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330000000.0 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
439000000.0 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
329000000.0 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
499000000.0 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
270000000.0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1400000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
666900000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1200000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
400000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
26200000 usd
CY2023 abg Purchasesof Treasury Stock
PurchasesofTreasuryStock
267700000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10400000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1104300000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2930800000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-189600000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
56400000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
177500000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
235300000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1400000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45700000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
235300000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
178900000 usd
CY2023Q4 abg Number Of Franchises
NumberOfFranchises
208 franchise
CY2023Q4 abg Number Of Dealership Locations
NumberOfDealershipLocations
158 dealership_location
CY2023Q4 abg Number Of Vehicle Brands
NumberOfVehicleBrands
31 vehiclebrands
CY2023Q4 abg Number Of Collision Repair Centers
NumberOfCollisionRepairCenters
37 collisionrepaircenters
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
16 states
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 reportablesegment
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the periods presented. Actual results could differ materially from these estimates. Estimates and assumptions are reviewed quarterly, and the effects of any revisions are reflected in the consolidated financial statements in the period they are determined to be necessary. Estimates made in the accompanying consolidated financial statements include, but are not limited to, those relating to inventory valuation reserves, reserves for chargebacks against revenue recognized from the sale of finance and insurance products, reserves for self-insurance programs, and certain assumptions related to goodwill and dealership franchise rights intangible assets.</span></div>
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3500000 usd
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1100000 usd
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1316167 shares
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1635030 shares
CY2023 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
1370371 shares
CY2022 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
1580826 shares
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0 shares
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
202600000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
47500000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
50100000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
30700000 usd
CY2023 abg Advertising Credits And Volume Discounts
AdvertisingCreditsAndVolumeDiscounts
36500000 usd
CY2022 abg Advertising Credits And Volume Discounts
AdvertisingCreditsAndVolumeDiscounts
35500000 usd
CY2021 abg Advertising Credits And Volume Discounts
AdvertisingCreditsAndVolumeDiscounts
22400000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business and Credit Concentration Risk</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments, which potentially subject us to a concentration of credit risk, consist principally of cash deposits and investments. We maintain cash balances at financial institutions with strong credit ratings. Generally, amounts maintained with these financial institutions are in excess of FDIC insurance limits. In addition, we limit our exposure through the kind, quality and concentration of these investments. As of December 31, 2023, the Company had total investments of $332.9 million.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have substantial debt service obligations. As of December 31, 2023, we had total debt of $3.23 billion, which excludes floor plan notes payable, debt issuance costs, and the debt premium on the 4.5% Senior Notes (the "4.5% Notes") and 4.75% Senior Notes (the "4.75% Notes") due 2028 and 2030, respectively. In addition, we and our subsidiaries have the ability to obtain additional debt from time to time to finance acquisitions, real property purchases, capital expenditures, share repurchases or for other purposes, although such borrowings are subject to the restrictions contained in the fourth amended and restated senior secured credit agreement with Bank of America, N.A. ("Bank of America"), as administrative agent, and the other lenders party thereto (the "2023 Senior Credit Facility"), the indentures governing our 4.5% Notes, 4.625% Notes, 4.75% Notes and 5.0% Notes (the "Indentures"), and our other debt instruments. We will have substantial debt service obligations, consisting of required cash payments of principal and interest, for the foreseeable future. </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to operating and financial restrictions and covenants in certain of our leases and in our debt instruments, including the 2023 Senior Credit Facility, the Indentures, and the credit agreements covering our mortgage obligations. These agreements contain restrictions on, among other things, our ability to incur additional indebtedness, to create liens or other encumbrances, and to make certain payments (including dividends and repurchases of our shares and investments). These agreements may also require us to maintain compliance with certain financial and other ratios. Our failure to comply with any of these covenants in the future would constitute a default under the relevant agreement, which would, depending on the relevant agreement, (i) entitle the creditors under such agreement to terminate our ability to borrow under the relevant agreement and accelerate our obligations to repay outstanding borrowings; (ii) require us to apply our available cash to repay these borrowings; (iii) entitle the creditors under such agreement to foreclose on the property securing the relevant indebtedness; and/or (iv) prevent us from making debt service payments on certain of our other indebtedness, any of which would have a material adverse effect on our business, financial condition or results of operations. In many cases, a default under one of our debt or mortgage agreements could trigger cross-default provisions in one or more of our other debt or mortgages.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A number of our dealerships are located on properties that we lease. Each of the leases governing such properties has certain covenants with which we must comply. If we fail to comply with the covenants under our leases, the respective landlords could terminate the leases and seek damages from us.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Concentrations of credit risk with respect to contracts-in-transit and accounts receivable are limited primarily to automotive manufacturers and financial institutions. Credit risk arising from receivables with commercial customers is minimal due to the large number of customers comprising our customer base.</span></div><div style="margin-bottom:9pt;margin-top:6pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A significant portion of our new vehicle sales are derived from a limited number of automotive manufacturers. For the year ended December 31, 2023, manufacturers representing 5% or more of our revenues from new vehicle sales were as follows:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:83.987%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.083%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Manufacturer (Vehicle Brands):</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total<br/>New Vehicle<br/>Revenues</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Toyota Motor Sales, U.S.A., Inc. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Toyota and Lexus)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stellantis N.V. (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Chrysler, Dodge, Jeep, Ram and Fiat</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">American Honda Motor Co., Inc. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Honda and Acura)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ford Motor Company </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(Ford and Lincoln)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mercedes-Benz USA, LLC (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Mercedes-Benz and Sprinter</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General Motors Company (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Chevrolet, Buick and GMC)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hyundai Motor North America (</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Hyundai and Genesis</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:9pt;margin-top:6pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">No other manufacturers individually accounted for more than 5% of our total new vehicle revenue for the year ended December 31, 2023.</span></div>
CY2023Q4 us-gaap Investments
Investments
332900000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3230000000 usd
CY2023 abg Entity Wide Revenues Major Brands Disclosure Percentage Threshold
EntityWideRevenuesMajorBrandsDisclosurePercentageThreshold
0.05
CY2023 abg Entity Wide Revenues Major Brands Disclosure Percentage Threshold
EntityWideRevenuesMajorBrandsDisclosurePercentageThreshold
0.05
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14802700000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15433800000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9837700000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
27200000 usd
CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
25800000 usd
CY2022 abg Contract With Customer Asset Amortization Of Costs To Obtain A Contract With A Customer
ContractWithCustomerAssetAmortizationOfCostsToObtainAContractWithACustomer
4600000 usd
CY2022 abg Contract With Customer Costs To Obtain Contract
ContractWithCustomerCostsToObtainContract
40300000 usd
CY2022 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
29400000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
66600000 usd
CY2023 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
29400000 usd
CY2023 abg Contract With Customer Asset Amortization Of Costs To Obtain A Contract With A Customer
ContractWithCustomerAssetAmortizationOfCostsToObtainAContractWithACustomer
12200000 usd
CY2023 abg Contract With Customer Costs To Obtain Contract
ContractWithCustomerCostsToObtainContract
43300000 usd
CY2023 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
34300000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
102700000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
53800000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
48900000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
736700000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
713900000 usd
CY2023 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4100000 usd
CY2023 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
13500000 usd
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
207100000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
228600000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
174100000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2600000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2200000 usd
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
226100000 usd
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
171900000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1768300000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
959200000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
8800000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
10700000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
84500000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
3400000 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Loaners
DisposalGroupIncludingDiscontinuedOperationLoaners
4500000 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Loaners
DisposalGroupIncludingDiscontinuedOperationLoaners
900000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
136600000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
24000000.0 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Operating Lease Rou Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseROUAssets
2100000 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Operating Lease Rou Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseROUAssets
0 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
26100000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Goodwill1
DisposalGroupIncludingDiscontinuedOperationGoodwill1
900000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
88500000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
0 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
342200000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
29100000 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Non Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableNonTrade
0 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Floor Plan Notes Payable Non Trade
DisposalGroupIncludingDiscontinuedOperationFloorPlanNotesPayableNonTrade
2800000 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
0 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
800000 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Current Maturitiesof Longterm Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesofLongtermDebt
0 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Current Maturitiesof Longterm Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesofLongtermDebt
600000 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Operating Leases Current Maturities
DisposalGroupIncludingDiscontinuedOperationOperatingLeasesCurrentMaturities
200000 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Operating Leases Current Maturities
DisposalGroupIncludingDiscontinuedOperationOperatingLeasesCurrentMaturities
0 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Longterm Debt
DisposalGroupIncludingDiscontinuedOperationLongtermDebt
0 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Longterm Debt
DisposalGroupIncludingDiscontinuedOperationLongtermDebt
6200000 usd
CY2023Q4 abg Disposal Group Including Discontinued Operation Operating Lease Liabilities
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilities
1900000 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Operating Lease Liabilities
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilities
0 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
2100000 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
10500000 usd
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
340100000 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
18700000 usd
CY2023 abg Number Of Franchise Sold
NumberOfFranchiseSold
1 franchise
CY2023 abg Number Of Dealership Locations Sold
NumberOfDealershipLocationsSold
1 dealership_location
CY2023 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
13500000 usd
CY2022 abg Number Of Franchise Sold
NumberOfFranchiseSold
18 franchise
CY2022 abg Number Of Dealership Locations Sold
NumberOfDealershipLocationsSold
16 dealership_location
CY2023 abg Numberof Collision Centers Sold
NumberofCollisionCentersSold
3 collisioncenter
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
207100000 usd
CY2023Q4 abg Other Assets Current Service Loaner Vehicles
OtherAssetsCurrentServiceLoanerVehicles
262600000 usd
CY2022Q4 abg Other Assets Current Service Loaner Vehicles
OtherAssetsCurrentServiceLoanerVehicles
178200000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
53800000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
40500000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
41400000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
43000000.0 usd
CY2023Q4 us-gaap Prepaid Taxes
PrepaidTaxes
18400000 usd
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
5800000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Current
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent
5200000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Current
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent
12900000 usd
CY2023Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
4500000 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
4100000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
3100000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
3600000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
388900000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
288100000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
331600000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3500000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2200000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
332900000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
244200000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
500000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4400000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
240400000 usd
CY2023 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
2500000 usd
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
1300000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
6300000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
6200000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
116900000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
116900000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
52900000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
53400000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
5400000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
5500000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
181500000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
182000000.0 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
331600000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
332900000 usd
CY2023 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
500000 usd
CY2023 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1500000 usd
CY2023 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
3700000 usd
CY2023 us-gaap Equity Securities Fv Ni Realized Loss
EquitySecuritiesFvNiRealizedLoss
900000 usd
CY2022 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
100000 usd
CY2022 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
2000000 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
10100000 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Loss
EquitySecuritiesFvNiRealizedLoss
3600000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
51100000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
700000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
102500000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1600000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
153600000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
2200000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
145700000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2000000.0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
6800000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
500000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
152600000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
2500000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
2711700000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
2279500000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
396100000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
338500000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2315700000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
1941000000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
8400000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
8100000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67700000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69000000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41900000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
2271700000 usd
CY2022 abg Goodwill Reclassified From Assets Held For Sale
GoodwillReclassifiedFromAssetsHeldForSale
118500000 usd
CY2022 abg Goodwill Acquired During Period Measurement Period Adjustments
GoodwillAcquiredDuringPeriodMeasurementPeriodAdjustments
510700000 usd
CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
95200000 usd
CY2022 abg Goodwill Reclassified To Assets Held For Sale
GoodwillReclassifiedToAssetsHeldForSale
900000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1783400000 usd
CY2023 abg Goodwill Reclassified From Assets Held For Sale
GoodwillReclassifiedFromAssetsHeldForSale
900000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
240800000 usd
CY2023 abg Goodwill Acquired During Period Measurement Period Adjustments
GoodwillAcquiredDuringPeriodMeasurementPeriodAdjustments
900000 usd
CY2023 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
14900000 usd
CY2023 abg Goodwill Reclassified To Assets Held For Sale
GoodwillReclassifiedToAssetsHeldForSale
300000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2009000000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
537700000 usd
CY2023Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
44100000 usd
CY2023Q4 abg Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
245600000 usd
CY2022Q4 abg Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
65100000 usd
CY2023Q4 abg Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
50500000 usd
CY2022Q4 abg Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
14200000 usd
CY2023Q4 abg Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
195100000 usd
CY2022Q4 abg Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
51000000.0 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
56800000 usd
CY2023Q4 abg Floor Plan Notes Payable Non Trade New Gross
FloorPlanNotesPayableNonTradeNewGross
1328100000 usd
CY2022Q4 abg Floor Plan Notes Payable Non Trade New Gross
FloorPlanNotesPayableNonTradeNewGross
613600000 usd
CY2023Q4 abg Floor Plan Notes Payable Non Trade Used Gross
FloorPlanNotesPayableNonTradeUsedGross
307100000 usd
CY2022Q4 abg Floor Plan Notes Payable Non Trade Used Gross
FloorPlanNotesPayableNonTradeUsedGross
0 usd
CY2023Q4 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
44700000 usd
CY2022Q4 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
613600000 usd
CY2023Q4 abg Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
1590600000 usd
CY2022Q4 abg Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
0 usd
CY2022Q4 abg Floor Plan Notes Payable Non Trade Liabilities Associatedwith Assets Heldfor Sale
FloorPlanNotesPayableNonTradeLiabilitiesAssociatedwithAssetsHeldforSale
2800000 usd
CY2022Q4 abg Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
613600000 usd
CY2023Q4 abg Floor Plan Notes Payable Offset Account Additional Amount
FloorPlanNotesPayableOffsetAccountAdditionalAmount
164000000 usd
CY2022Q2 abg Amount Available Under Revolving Loan Credit Facility Transferred
AmountAvailableUnderRevolvingLoanCreditFacilityTransferred
389000000 usd
CY2023Q1 abg Amount Available Under Revolving Loan Credit Facility Transferred
AmountAvailableUnderRevolvingLoanCreditFacilityTransferred
389000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
155600000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
147400000 usd
CY2023Q4 abg Notes Payable Loaner Vehicle Current
NotesPayableLoanerVehicleCurrent
239100000 usd
CY2022Q4 abg Notes Payable Loaner Vehicle Current
NotesPayableLoanerVehicleCurrent
94500000 usd
CY2023Q4 abg Taxes Payable Current Excluding Income Taxes Payable
TaxesPayableCurrentExcludingIncomeTaxesPayable
74900000 usd
CY2022Q4 abg Taxes Payable Current Excluding Income Taxes Payable
TaxesPayableCurrentExcludingIncomeTaxesPayable
91800000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
89000000.0 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
46600000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
33000000.0 usd
CY2023Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
30200000 usd
CY2022Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
23500000 usd
CY2023Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
28400000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
39200000 usd
CY2023Q4 abg Accrued Finance And Insurance Chargebacks Current
AccruedFinanceAndInsuranceChargebacksCurrent
24700000 usd
CY2022Q4 abg Accrued Finance And Insurance Chargebacks Current
AccruedFinanceAndInsuranceChargebacksCurrent
29100000 usd
CY2023Q4 abg Accrued Licenses And Regulatory Fees Current
AccruedLicensesAndRegulatoryFeesCurrent
16700000 usd
CY2022Q4 abg Accrued Licenses And Regulatory Fees Current
AccruedLicensesAndRegulatoryFeesCurrent
9900000 usd
CY2023Q4 abg Deferred Tax Liabilities Tax Deferred Expense Reserves And Accruals Unearned Premiums
DeferredTaxLiabilitiesTaxDeferredExpenseReservesAndAccrualsUnearnedPremiums
14100000 usd
CY2022Q4 abg Deferred Tax Liabilities Tax Deferred Expense Reserves And Accruals Unearned Premiums
DeferredTaxLiabilitiesTaxDeferredExpenseReservesAndAccrualsUnearnedPremiums
13600000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7300000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7000000.0 usd
CY2023Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
6900000 usd
CY2022Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
4300000 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
6400000 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
21300000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
40300000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
41500000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
748100000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
645000000.0 usd
CY2022Q4 abg Disposal Group Including Discontinued Operation Loaners Liabilities
DisposalGroupIncludingDiscontinuedOperationLoanersLiabilities
800000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8400000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8400000 usd
CY2023Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent
LongTermDebtAndLeaseObligationsCurrentAndNoncurrent
3230100000 usd
CY2022Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent
LongTermDebtAndLeaseObligationsCurrentAndNoncurrent
3329200000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
25900000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
30400000 usd
CY2023Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent Including Unamortized Premium Discount
LongTermDebtAndLeaseObligationsCurrentAndNoncurrentIncludingUnamortizedPremiumDiscount
3206200000 usd
CY2022Q4 abg Long Term Debt And Lease Obligations Current And Noncurrent Including Unamortized Premium Discount
LongTermDebtAndLeaseObligationsCurrentAndNoncurrentIncludingUnamortizedPremiumDiscount
3301200000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
84900000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
84500000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3121200000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3216800000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
85700000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
134100000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
553000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
12400000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
464600000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1980200000 usd
CY2023Q4 abg Long Term Debt And Lease Obligations1
LongTermDebtAndLeaseObligations1
3230100000 usd
CY2023 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
4100000 usd
CY2023 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-1100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-6000000.0 usd
CY2022 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-1900000 usd
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
0 usd
CY2021 abg Debt Securities Available For Sale Loss Reclassified From Accumulated Oci Into Income Effective Portion
DebtSecuritiesAvailableForSaleLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
0 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1700000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.002
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1600000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
128900000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
142000000.0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
113900000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
30100000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
30800000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
20800000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
159000000.0 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
172800000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
134700000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
33800000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
130700000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
24800000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6000000.0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
18300000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5800000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
39800000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
149000000.0 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30600000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
198800000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
321800000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
165300000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
168300000 usd
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CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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Files In Submission

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