Business Combinations (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [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 three months ended March 31, 2022:

	March 31,
	2022
Accounts receivable	$	—
Inventories	21.9
Other current assets	0.1
Property and equipment	10.0
Indefinite-lived intangibles	64.6
Other noncurrent assets	—
Current liabilities	(2.9)
Noncurrent liabilities	(0.1)
Total cash used in acquisitions	$	93.6

Summary of unaudited consolidated pro forma results of operations

Our following unaudited consolidated pro forma results of operations for the three months ended March 31, 2022, give effect to acquisitions consummated during 2022 as if they had occurred effective at the beginning of the period:

	Three Months Ended March 31,
	2022
Revenues	$	7,223.9
Net income attributable to Penske Automotive Group common stockholders	372.1
Net income per diluted common share	$	4.82