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Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed
The following table summarizes the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed for the year ended December 31, 2021, follows:
December 31, 2021
Accounts receivable$2.4 
Inventories106.6 
Other current assets5.8 
Property and equipment102.7 
Indefinite-lived intangibles294.4 
Other noncurrent assets14.9 
Current liabilities(56.4)
Noncurrent liabilities(15.7)
Total consideration454.7 
Fair value of previously held interest(22.9)
Total cash used in acquisitions$431.8 
Summary of unaudited consolidated pro forma results of operations
The following unaudited consolidated pro forma results of operations of PAG for the year ended December 31, 2021, give effect to acquisitions consummated during 2021 as if they had occurred on January 1, 2020:
Year Ended December 31,
20212020
Revenues$26,219.8 $21,542.6 
Income from continuing operations1,203.6 574.0 
Net income1,204.9 574.3 
Income from continuing operations per diluted common share$15.09 $7.12 
Net income per diluted common share$15.11 $7.13