CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 36.7	$ 36.3
Accounts receivable, net of allowance for doubtful accounts of $4.3 and $3.5	738.8	701.4
Inventories	3,055.4	2,819.2
Other current assets	107.0	124.7
Assets held for sale	45.7	186.6
Total current assets	3,983.6	3,868.2
Property and equipment, net	1,378.3	1,328.8
Goodwill	1,292.1	1,265.8
Other indefinite-lived intangible assets	391.9	386.2
Equity method investments	359.0	352.8
Other long-term assets	29.0	26.4
Total assets	7,433.9	7,228.2
LIABILITIES AND EQUITY
Floor plan notes payable	2,004.9	1,812.6
Floor plan notes payable - non-trade	1,042.8	920.5
Accounts payable	502.1	417.6
Accrued expenses	329.3	310.3
Current portion of long-term debt	31.2	36.6
Liabilities held for sale	29.9	132.7
Total current liabilities	3,940.2	3,630.3
Long-term debt	1,130.8	1,316.0
Deferred tax liabilities	391.4	409.9
Other long-term liabilities	192.5	190.8
Total liabilities	$ 5,654.9	$ 5,547.0
Commitments and contingent liabilities (Note 9)
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	$ 676.5	$ 690.7
Retained earnings	1,143.9	1,015.4
Accumulated other comprehensive income (loss)	(69.3)	(53.3)
Total Penske Automotive Group stockholders' equity	1,751.1	1,652.8
Non-controlling interest	27.9	28.4
Total equity	1,779.0	1,681.2
Total liabilities and equity	$ 7,433.9	$ 7,228.2
Non-voting Common Stock
Penske Automotive Group stockholders' equity:
Common Stock
Class C Common Stock
Penske Automotive Group stockholders' equity:
Common Stock