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CONSOLIDATED STATEMENT OF EQUITY (USD $)
In Millions, except Share data, unless otherwise specified
Total
USD ($)
Total Stockholders' Equity Attributable to Penske Automotive Group
USD ($)
Voting and Non-voting Common Stock
Additional Paid-in Capital
USD ($)
Retained Earnings
USD ($)
Accumulated Other Comprehensive Income (Loss)
USD ($)
Non-controlling Interest
USD ($)
Balance at Dec. 31, 2010 $ 1,055.0 $ 1,050.7   $ 738.7 $ 312.1 $ (0.1) $ 4.3
Balance (in shares) at Dec. 31, 2010     92,099,552        
Increase (decrease) in stockholders' equity              
Equity compensation 5.1 5.1   5.1      
Equity compensation (in shares)     391,904        
Exercise of options, including tax benefit of $0.2 3.4 3.4   3.4      
Exercise of options, including tax benefit of $0.2 (in shares)     235,668        
Repurchase of common stock (44.3) (44.3)   (44.3)      
Repurchase of common stock (in shares)     (2,449,768)        
Dividends ($0.62 ,$0.46 and $0.24 per share for the period 2013 ,2012 and 2011) (22.0) (22.0)     (22.0)    
Distributions to non-controlling interests (1.4)           (1.4)
Purchase of subsidiary shares from non-controlling interest (0.8) (0.8)   (0.8)      
Sale of subsidiary shares to non-controlling interest 0.3 0.2   0.2     0.1
Foreign currency translation (5.8) (5.8)       (5.8)  
Interest rate swaps (9.6) (9.6)       (9.6)  
Other (8.7) (8.7)       (8.7)  
Net income 178.3 176.9     176.9   1.4
Balance at Dec. 31, 2011 1,149.5 1,145.1   702.3 467.0 (24.2) 4.4
Balance (in shares) at Dec. 31, 2011     90,277,356        
Increase (decrease) in stockholders' equity              
Equity compensation 6.6 6.6   6.6      
Equity compensation (in shares)     423,040        
Repurchase of common stock (9.8) (9.8)   (9.8)      
Repurchase of common stock (in shares)     (405,631)        
Dividends ($0.62 ,$0.46 and $0.24 per share for the period 2013 ,2012 and 2011) (41.5) (41.5)     (41.5)    
Repurchase of 3.5% senior subordinated convertible notes 0.6 0.6   0.6      
Distributions to non-controlling interests (1.4)           (1.4)
Sale of subsidiary shares to non-controlling interest 7.5 0.3   0.3     7.2
Foreign currency translation 18.5 18.3       18.3 0.2
Interest rate swaps 1.0 1.0       1.0  
Other (1.9) (1.9)       (1.9)  
Net income 187.2 185.5     185.5   1.7
Balance at Dec. 31, 2012 1,316.3 1,304.2   700.0 611.0 (6.8) 12.1
Balance (in shares) at Dec. 31, 2012     90,294,765        
Increase (decrease) in stockholders' equity              
Equity compensation 9.2 9.2   9.2      
Equity compensation (in shares)     456,784        
Repurchase of common stock (15.8) (15.8)   (15.8)      
Repurchase of common stock (in shares)     (507,818)        
Dividends ($0.62 ,$0.46 and $0.24 per share for the period 2013 ,2012 and 2011) (56.0) (56.0)     (56.0)    
Distributions to non-controlling interests (1.3)           (1.3)
Sale of subsidiary shares to non-controlling interest 4.5 0.2   0.2     4.3
Deconsolidation of Italian investment (8.3)           (8.3)
Reconsolidation of Italian investment 8.9           8.9
Foreign currency translation 11.5 11.0       11.0 0.5
Interest rate swaps 4.0 4.0       4.0  
Other 3.4 3.4       3.4  
Net income 245.7 244.2     244.2   1.5
Balance at Dec. 31, 2013 $ 1,522.1 $ 1,504.4   $ 693.6 $ 799.2 $ 11.6 $ 17.7
Balance (in shares) at Dec. 31, 2013     90,243,731