CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 37.6	$ 45.7
Accounts receivable, net of allowance for doubtful accounts of $5.3 and $5.5	953.4	954.9
Inventories	3,783.4	3,944.1
Other current assets	91.8	81.8
Total current assets	4,866.2	5,026.5
Property and equipment, net	2,178.2	2,108.6
Goodwill	1,692.6	1,660.5
Other indefinite-lived intangible assets	471.9	474.0
Equity method investments	1,299.7	1,256.6
Other long-term assets	18.3	14.4
Total assets	10,526.9	10,540.6
LIABILITIES AND EQUITY
Floor plan notes payable	2,169.5	2,343.2
Floor plan notes payable - non-trade	1,359.0	1,418.6
Accounts payable	633.8	641.6
Accrued expenses	570.2	523.5
Current portion of long-term debt	92.7	72.8
Liabilities held for sale	0.7	0.7
Total current liabilities	4,825.9	5,000.4
Long-term debt	1,993.3	2,090.4
Deferred tax liabilities	547.9	481.5
Other long-term liabilities	547.8	540.3
Total liabilities	7,914.9	8,112.6
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	487.9	532.3
Retained earnings	2,299.2	2,009.4
Accumulated other comprehensive income (loss)	(203.8)	(146.5)
Total Penske Automotive Group stockholders' equity	2,583.3	2,395.2
Non-controlling interest	28.7	32.8
Total equity	2,612.0	2,428.0
Total liabilities and equity	10,526.9	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