CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 89.4	$ 62.4
Accounts receivable, net of allowance for doubtful accounts of $4.6 and $4.2	853.9	782.3
Inventories	3,279.7	3,463.5
Other current assets	105.3	85.6
Assets held for sale	7.5	12.7
Total current assets	4,335.8	4,406.5
Property and equipment, net	1,587.8	1,520.1
Goodwill	1,313.8	1,323.2
Other indefinite-lived intangible assets	411.4	408.0
Equity method investments	891.3	336.4
Other long-term assets	19.3	19.2
Total assets	8,559.4	8,013.4
LIABILITIES AND EQUITY
Floor plan notes payable	2,073.2	2,247.2
Floor plan notes payable - non-trade	1,145.1	1,132.4
Accounts payable	506.1	493.8
Accrued expenses	389.2	378.1
Current portion of long-term debt	44.1	28.0
Liabilities held for sale	5.1	6.2
Total current liabilities	4,162.8	4,285.7
Long-term debt	1,833.5	1,247.0
Deferred tax liabilities	525.6	433.4
Other long-term liabilities	248.8	212.4
Total liabilities	6,770.7	6,178.5
Commitments and contingent liabilities (Note 9)
Penske Automotive Group stockholders' equity:
Common Stock
Additional paid-in-capital	494.3	656.0
Retained earnings	1,446.7	1,256.7
Accumulated other comprehensive income (loss)	(188.7)	(122.5)
Total Penske Automotive Group stockholders' equity	1,752.3	1,790.2
Non-controlling interest	36.4	44.7
Total equity	1,788.7	1,834.9
Total liabilities and equity	8,559.4	8,013.4
Non-voting Common Stock
Penske Automotive Group stockholders' equity:
Common Stock
Class C Common Stock
Penske Automotive Group stockholders' equity:
Common Stock