Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component and the reclassifications out of accumulated other comprehensive income (loss) during the three and nine months ended September 30, 2022 and 2021, respectively, attributable to Penske Automotive Group common stockholders follows:

Three Months Ended September 30, 2022


	Foreign Currency Translation		Interest Rate Swaps		Other		Total
Balance at June 30, 2022	$	(322.0)	$	—	$	10.1	$	(311.9)
Other comprehensive income (loss) before reclassifications	(131.5)		—		2.4		(129.1)
Amounts reclassified from accumulated other comprehensive income (loss) — net of tax	—		—		—		—
Net current period other comprehensive income (loss)	(131.5)		—		2.4		(129.1)
Balance at September 30, 2022	$	(453.5)	$	—	$	12.5	$	(441.0)

Three Months Ended September 30, 2021


	Foreign Currency Translation		Interest Rate Swaps		Other		Total
Balance at June 30, 2021	$	(133.3)	$	0.3	$	(14.8)	$	(147.8)
Other comprehensive income (loss) before reclassifications	(42.2)		—		(0.5)		(42.7)
Amounts reclassified from accumulated other comprehensive income (loss) — net of tax benefit of $0.1	—		0.3		—		0.3
Net current period other comprehensive income (loss)	(42.2)		0.3		(0.5)		(42.4)
Balance at September 30, 2021	$	(175.5)	$	0.6	$	(15.3)	$	(190.2)

Nine Months Ended September 30, 2022


	Foreign Currency Translation		Interest Rate Swaps		Other		Total
Balance at December 31, 2021	$	(174.4)	$	—	$	5.6	$	(168.8)
Other comprehensive income (loss) before reclassifications	(279.1)		—		6.9		(272.2)
Amounts reclassified from accumulated other comprehensive income (loss) — net of tax	—		—		—		—
Net current period other comprehensive income (loss)	(279.1)		—		6.9		(272.2)
Balance at September 30, 2022	$	(453.5)	$	—	$	12.5	$	(441.0)

Nine Months Ended September 30, 2021


	Foreign Currency Translation		Interest Rate Swaps		Other		Total
Balance at December 31, 2020	$	(135.5)	$	(3.2)	$	(21.9)	$	(160.6)
Other comprehensive income (loss) before reclassifications	(40.0)		3.0		6.6		(30.4)
Amounts reclassified from accumulated other comprehensive income (loss) — net of tax benefit of $0.3	—		0.8		—		0.8
Net current period other comprehensive income (loss)	(40.0)		3.8		6.6		(29.6)
Balance at September 30, 2021	$	(175.5)	$	0.6	$	(15.3)	$	(190.2)