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CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Millions
Total Stockholders' Equity Attributable to Penske Automotive Group
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest
Total
Balance at Dec. 31, 2015 $ 1,790.2   $ 656.0 $ 1,256.7 $ (122.5) $ 44.7 $ 1,834.9
Balance (in shares) at Dec. 31, 2015   89,524,724          
Increase (decrease) in stockholders' equity              
Equity compensation 14.3   14.3       14.3
Equity compensation (in shares)   346,663          
Repurchases of common stock (173.6)   (173.6)       (173.6)
Repurchases of common stock (in shares)   (4,657,042)          
Dividends (95.1)     (95.1)     (95.1)
Purchase of subsidiary shares from non-controlling interest (0.3)   (0.3)     (10.4) (10.7)
Distributions to non-controlling interest           (2.4) (2.4)
Foreign currency translation (116.5)       (116.5) (0.8) (117.3)
Other (11.0)   0.7   (11.7) (6.0) (17.0)
Net income 342.9     342.9   3.5 346.4
Balance at Dec. 31, 2016 1,750.9   497.1 1,504.5 (250.7) 28.6 1,779.5
Balance (in shares) at Dec. 31, 2016   85,214,345          
Increase (decrease) in stockholders' equity              
Equity compensation 14.9   14.9       14.9
Equity compensation (in shares)   343,385          
Repurchases of common stock (18.5)   (18.5)       (18.5)
Repurchases of common stock (in shares)   (435,710)          
Issuance of common stock 32.4   32.4       32.4
Issuance of common stock (in shares)   665,487          
Dividends (108.4)     (108.4)     (108.4)
Purchase of subsidiary shares from non-controlling interest (0.4)   (0.4)     (0.3) (0.7)
Distributions to non-controlling interest           (1.4) (1.4)
Foreign currency translation 96.0       96.0 3.2 99.2
Other 15.0   6.8   8.2 3.2 18.2
Net income 613.3     613.3   (0.5) 612.8
Balance at Dec. 31, 2017 2,395.2   532.3 2,009.4 (146.5) 32.8 2,428.0
Balance (in shares) at Dec. 31, 2017   85,787,507          
Increase (decrease) in stockholders' equity              
Adoption of ASC 606 (Note 1) | ASC 606 6.6     6.6     6.6
Equity compensation 16.1   16.1       16.1
Equity compensation (in shares)   346,957          
Repurchases of common stock (68.9)   (68.9)       (68.9)
Repurchases of common stock (in shares)   (1,587,494)          
Dividends (121.2)     (121.2)     (121.2)
Purchase of subsidiary shares from non-controlling interest (1.5)   (1.5)     (5.4) (6.9)
Distributions to non-controlling interest           (0.9) (0.9)
Foreign currency translation (74.3)       (74.3) (1.5) (75.8)
Other (13.9)   (0.2)   (13.7) 1.3 (12.6)
Net income 471.0     471.0   (0.7) 470.3
Balance at Dec. 31, 2018 $ 2,609.1   $ 477.8 $ 2,365.8 $ (234.5) $ 25.6 $ 2,634.7
Balance (in shares) at Dec. 31, 2018   84,546,970