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Accumulated Other Comprehensive Income/(Loss)
12 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Income/(Loss)  
Accumulated Other Comprehensive Income/(Loss)

15. 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 years ended December 31, 2015,  2014, and 2013 attributable to Penske Automotive Group common stockholders follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Accumulated

 

 

 

Foreign

 

 

 

 

Other

 

 

 

Currency

 

 

 

 

Comprehensive

 

 

 

Translation

 

Other

 

Income (Loss)

 

Balance at January 1, 2013

 

$

0.4

 

$

(7.2)

 

$

(6.8)

 

Other comprehensive income before reclassifications

 

 

11.9

 

 

3.0

 

 

14.9

 

Amounts reclassified from accumulated other comprehensive income net of tax provision (benefit) of ($0.5) and $2.9, respectively

 

 

(0.9)

 

 

4.4

 

 

3.5

 

Net current-period other comprehensive income

 

 

11.0

 

 

7.4

 

 

18.4

 

Balance at December 31, 2013

 

$

11.4

 

$

0.2

 

$

11.6

 

Other comprehensive income before reclassifications

 

 

(63.1)

 

 

(6.7)

 

 

(69.8)

 

Amounts reclassified from accumulated other comprehensive income net of tax provision $3.2

 

 

 —

 

 

4.9

 

 

4.9

 

Net current-period other comprehensive income

 

 

(63.1)

 

 

(1.8)

 

 

(64.9)

 

Balance at December 31, 2014

 

$

(51.7)

 

$

(1.6)

 

$

(53.3)

 

Other comprehensive income before reclassifications

 

 

(61.8)

 

 

(7.4)

 

 

(69.2)

 

Amounts reclassified from accumulated other comprehensive income net of tax provision of $0.0

 

 

 —

 

 

 —

 

 

 —

 

Net current-period other comprehensive income

 

 

(61.8)

 

 

(7.4)

 

 

(69.2)

 

Balance at December 31, 2015

 

$

(113.5)

 

$

(9.0)

 

$

(122.5)

 

 

 

Within the amounts reclassified from accumulated other comprehensive income in 2014 and 2013, the amounts associated with “Other” relate to interest rate swaps and are included in floor plan interest expense, and the amounts associated with “Foreign Currency Translation” are included in selling, general and administrative expenses.