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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 13.0   13.0       13.0
Equity compensation (in shares)   328,286          
Repurchases of common stock (55.8)   (55.8)       (55.8)
Repurchases of common stock (in shares)   (1,252,624)          
Dividends (89.7)     (89.7)     (89.7)
Purchase of subsidiary shares from non-controlling interest (1.4)   (1.4)     (3.1) (4.5)
Distributions to non-controlling interest           (0.8) (0.8)
Foreign currency translation (56.0)       (56.0) (1.2) (57.2)
Other (1.5)   (0.2)   (1.3) 0.8 (0.7)
Net income 372.9     372.9   0.2 373.1
Balance at Sep. 30, 2018 2,583.3   487.9 2,299.2 (203.8) 28.7 2,612.0
Balance (in shares) at Sep. 30, 2018   84,863,169          
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          
Increase (decrease) in stockholders' equity              
Equity compensation 4.0   4.0       4.0
Equity compensation (in shares)   (1,900)          
Dividends (30.7)     (30.7)     (30.7)
Distributions to non-controlling interest           (0.1) (0.1)
Foreign currency translation (19.5)       (19.5) (0.1) (19.6)
Other 2.1       2.1 0.4 2.5
Net income 130.2     130.2   (0.1) 130.1
Balance at Sep. 30, 2018 2,583.3   487.9 2,299.2 (203.8) 28.7 2,612.0
Balance (in shares) at Sep. 30, 2018   84,863,169          
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 13.5   13.5       13.5
Equity compensation (in shares)   506,793          
Repurchases of common stock (174.1)   (174.1)       (174.1)
Repurchases of common stock (in shares)   (3,986,836)          
Dividends (97.3)     (97.3)     (97.3)
Purchase of subsidiary shares from non-controlling interest           (4.8) (4.8)
Distributions to non-controlling interest           (0.5) (0.5)
Foreign currency translation (53.4)       (53.4) (0.7) (54.1)
Other 1.9       1.9 1.0 2.9
Net income 334.2     334.2   (0.4) 333.8
Balance at Sep. 30, 2019 2,638.9   317.2 2,607.7 (286.0) 20.2 2,659.1
Balance (in shares) at Sep. 30, 2019   81,066,927          
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          
Increase (decrease) in stockholders' equity              
Equity compensation 4.3   4.3       4.3
Equity compensation (in shares)   132,244          
Repurchases of common stock (43.6)   (43.6)       (43.6)
Repurchases of common stock (in shares)   (1,021,622)          
Dividends (32.8)     (32.8)     (32.8)
Distributions to non-controlling interest           (0.1) (0.1)
Foreign currency translation (43.8)       (43.8) (0.5) (44.3)
Other (1.9)       (1.9) 0.4 (1.5)
Net income 116.2     116.2   (0.1) 116.1
Balance at Sep. 30, 2019 $ 2,638.9   $ 317.2 $ 2,607.7 $ (286.0) $ 20.2 $ 2,659.1
Balance (in shares) at Sep. 30, 2019   81,066,927