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CONSOLIDATED CONDENSED 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, 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 | ASC 606 6.6     6.6     6.6
Equity compensation 9.0   9.0       9.0
Equity compensation (in shares)   330,186          
Repurchases of common stock (55.8)   (55.8)       (55.8)
Repurchases of common stock (in shares)   (1,252,624)          
Dividends (59.0)     (59.0)     (59.0)
Purchase of subsidiary shares from non-controlling interest (1.4)   (1.4)     (3.1) (4.5)
Distributions to non-controlling interest           (0.7) (0.7)
Foreign currency translation (36.5)       (36.5) (1.1) (37.6)
Other (3.6)   (0.2)   (3.4) 0.4 (3.2)
Net income 242.7     242.7   0.3 243.0
Balance at Jun. 30, 2018 2,497.2   483.9 2,199.7 (186.4) 28.6 2,525.8
Balance (in shares) at Jun. 30, 2018   84,865,069          
Balance at Mar. 31, 2018 2,465.4   485.2 2,094.9 (114.7) 29.0 2,494.4
Balance (in shares) at Mar. 31, 2018   84,975,410          
Increase (decrease) in stockholders' equity              
Equity compensation 4.5   4.5       4.5
Equity compensation (in shares)   9,267          
Repurchases of common stock (5.8)   (5.8)       (5.8)
Repurchases of common stock (in shares)   (119,608)          
Dividends (29.8)     (29.8)     (29.8)
Distributions to non-controlling interest           (0.6) (0.6)
Foreign currency translation (67.2)       (67.2) (1.1) (68.3)
Other (4.5)       (4.5) 0.7 (3.8)
Net income 134.6     134.6   0.6 135.2
Balance at Jun. 30, 2018 2,497.2   483.9 2,199.7 (186.4) 28.6 2,525.8
Balance (in shares) at Jun. 30, 2018   84,865,069          
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          
Increase (decrease) in stockholders' equity              
Adoption of ASC | ASC 842 5.0     5.0     5.0
Equity compensation 9.3   9.3       9.3
Equity compensation (in shares)   374,549          
Repurchases of common stock (130.6)   (130.6)       (130.6)
Repurchases of common stock (in shares)   (2,965,214)          
Dividends (64.5)     (64.5)     (64.5)
Purchase of subsidiary shares from non-controlling interest           (4.8) (4.8)
Distributions to non-controlling interest           (0.4) (0.4)
Foreign currency translation (9.6)       (9.6) (0.2) (9.8)
Other 3.8       3.8 0.6 4.4
Net income 218.0     218.0   (0.3) 217.7
Balance at Jun. 30, 2019 2,640.5   356.5 2,524.3 (240.3) 20.5 2,661.0
Balance (in shares) at Jun. 30, 2019   81,956,305          
Balance at Mar. 31, 2019 2,641.2   428.1 2,438.8 (225.7) 19.7 2,660.9
Balance (in shares) at Mar. 31, 2019   83,651,509          
Increase (decrease) in stockholders' equity              
Equity compensation 4.6   4.6       4.6
Equity compensation (in shares)   11,662          
Repurchases of common stock (76.2)   (76.2)       (76.2)
Repurchases of common stock (in shares)   (1,706,866)          
Dividends (32.3)     (32.3)     (32.3)
Distributions to non-controlling interest           (0.3) (0.3)
Foreign currency translation (16.6)       (16.6) 0.1 (16.5)
Other 2.0       2.0 0.3 2.3
Net income 117.8     117.8   0.7 118.5
Balance at Jun. 30, 2019 $ 2,640.5   $ 356.5 $ 2,524.3 $ (240.3) $ 20.5 $ 2,661.0
Balance (in shares) at Jun. 30, 2019   81,956,305