AutoNation 2015 Annual Report Download - page 93
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Table of Contents
Domestic $ 61.4
$ 61.7
$ 61.9
Import 34.0
47.0
76.1
Premium Luxury 101.9
68.3
45.5
Corporate and other 69.6
20.8
23.7
Total capital expenditures $ 266.9
$ 197.8
$ 207.2
Domestic $ 2,573.9
$ 2,187.3
$ 2,143.1
Import 2,145.2
1,997.7
2,030.4
Premium Luxury 2,554.6
2,051.0
1,633.6
Corporate and other:
Goodwill 1,394.5
1,314.7
1,259.6
Franchise rights 432.4
348.1
329.3
Other Corporate and other assets 457.7
500.9
518.1
Total assets $ 9,558.3
$ 8,399.7
$ 7,914.1
Five of our 254 stores participate in multiemployer pension plans. We contribute to these multiemployer defined benefit pension plans under the terms of
collective-bargaining agreements that cover certain of our union-represented employees. The risks of participating in these multiemployer plans are different
from single-employer plans in the following aspects:
a. Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers.
b. If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be assumed by the remaining participating
employers.
c. If we choose to stop participating in a multiemployer plan, we may be required to pay the plan an amount based on the underfunded status of the
plan, subject to certain limits, referred to as a withdrawal liability.
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