CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 36.3	$ 50.3
Accounts receivable, net of allowance for doubtful accounts of $3.5 and $2.9	701.4	594.9
Inventories	2,819.2	2,501.4
Other current assets	124.7	87.7
Assets held for sale	186.1	253.8
Total current assets	3,867.7	3,488.1
Property and equipment, net	1,328.8	1,119.5
Goodwill	1,266.3	1,134.9
Other indefinite-lived intangible assets	386.2	295.2
Equity method investments	352.8	346.9
Other long-term assets	26.4	30.9
Total assets	7,228.2	6,415.5
LIABILITIES AND EQUITY
Floor plan notes payable	1,812.6	1,671.9
Floor plan notes payable - non-trade	920.5	900.9
Accounts payable	417.6	369.0
Accrued expenses	310.3	260.9
Current portion of long-term debt	36.6	14.5
Liabilities held for sale	132.7	166.5
Total current liabilities	3,630.3	3,383.7
Long-term debt	1,316.0	981.8
Deferred tax liabilities	409.9	361.4
Other long-term liabilities	190.8	166.5
Total liabilities	5,547.0	4,893.4
Commitments and contingent liabilities (Note 11)
Penske Automotive Group stockholders' equity:
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding
Common Stock
Additional paid-in-capital	690.7	693.6
Retained earnings	1,015.4	799.2
Accumulated other comprehensive income (loss)	(53.3)	11.6
Total Penske Automotive Group stockholders' equity	1,652.8	1,504.4
Non-controlling interest	28.4	17.7
Total equity	1,681.2	1,522.1
Total liabilities and equity	7,228.2	6,415.5
Non-voting Common Stock
Penske Automotive Group stockholders' equity:
Common Stock
Class C Common Stock
Penske Automotive Group stockholders' equity:
Common Stock