CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 45.8	$ 45.7
Accounts receivable, net of allowance for doubtful accounts of $5.1 and $5.5	919.6	954.9
Inventories	3,895.1	3,944.1
Other current assets	97.5	81.8
Total current assets	4,958.0	5,026.5
Property and equipment, net	2,144.9	2,108.6
Goodwill	1,700.7	1,660.5
Other indefinite-lived intangible assets	474.1	474.0
Equity method investments	1,279.2	1,256.6
Other long-term assets	13.6	14.4
Total assets	10,570.5	10,540.6
LIABILITIES AND EQUITY
Floor plan notes payable	2,278.0	2,343.2
Floor plan notes payable - non-trade	1,325.7	1,418.6
Accounts payable	680.0	641.6
Accrued expenses	529.7	523.5
Current portion of long-term debt	92.3	72.8
Liabilities held for sale	0.7	0.7
Total current liabilities	4,906.4	5,000.4
Long-term debt	2,059.6	2,090.4
Deferred tax liabilities	530.8	481.5
Other long-term liabilities	547.9	540.3
Total liabilities	8,044.7	8,112.6
Commitments and contingent liabilities (Note 9)
Penske Automotive Group stockholders' equity:
Common Stock
Additional paid-in-capital	483.9	532.3
Retained earnings	2,199.7	2,009.4
Accumulated other comprehensive income (loss)	(186.4)	(146.5)
Total Penske Automotive Group stockholders' equity	2,497.2	2,395.2
Non-controlling interest	28.6	32.8
Total equity	2,525.8	2,428.0
Total liabilities and equity	10,570.5	10,540.6
Non-voting Common Stock
Penske Automotive Group stockholders' equity:
Common Stock
Class C Common Stock
Penske Automotive Group stockholders' equity:
Common Stock