CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 37.2	$ 24.0
Accounts receivable, net of allowance for doubtful accounts of $5.9 and $4.5	938.8	879.0
Inventories	3,770.3	3,408.2
Other current assets	96.5	73.9
Assets held for sale		8.4
Total current assets	4,842.8	4,393.5
Property and equipment, net	2,091.4	1,806.5
Goodwill	1,660.4	1,291.2
Other indefinite-lived intangible assets	473.3	420.1
Equity method investments	1,184.9	893.4
Other long-term assets	29.5	28.3
Total assets	10,282.3	8,833.0
LIABILITIES AND EQUITY
Floor plan notes payable	2,222.3	2,084.5
Floor plan notes payable - non-trade	1,388.5	1,233.3
Accounts payable	609.0	497.4
Accrued expenses	388.5	360.0
Current portion of long-term debt	67.6	48.3
Liabilities held for sale	0.7	6.1
Total current liabilities	4,676.6	4,229.6
Long-term debt	2,170.5	1,828.8
Deferred tax liabilities	771.6	564.6
Other long-term liabilities	551.6	430.5
Total liabilities	8,170.3	7,053.5
Commitments and contingent liabilities (Note 9)
Penske Automotive Group stockholders' equity:
Common Stock
Additional paid-in-capital	523.0	497.1
Retained earnings	1,707.6	1,504.5
Accumulated other comprehensive income (loss)	(151.6)	(250.7)
Total Penske Automotive Group stockholders' equity	2,079.0	1,750.9
Non-controlling interest	33.0	28.6
Total equity	2,112.0	1,779.5
Total liabilities and equity	10,282.3	8,833.0
Non-voting Common Stock
Penske Automotive Group stockholders' equity:
Common Stock
Class C Common Stock
Penske Automotive Group stockholders' equity:
Common Stock