XML 34 R22.htm IDEA: XBRL DOCUMENT v3.21.2
Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss).  
Accumulated Other Comprehensive Income/(Loss)

13. Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component and the reclassifications out of accumulated other comprehensive income (loss) during the three and six months ended June 30, 2021, and 2020, respectively, attributable to Penske Automotive Group common stockholders follows:

Three Months Ended June 30, 2021

Foreign 

    

    

    

 

Currency

Interest Rate

    

Translation

Swaps

Other

Total

 

Balance at March 31, 2021

$

(134.9)

$

0.7

$

(21.2)

$

(155.4)

Other comprehensive income (loss) before reclassifications

 

1.6

 

(0.7)

 

6.4

 

7.3

Amounts reclassified from accumulated other comprehensive income (loss) — net of tax benefit of $0.1

 

 

0.3

 

 

0.3

Net current period other comprehensive income (loss)

 

1.6

 

(0.4)

 

6.4

 

7.6

Balance at June 30, 2021

$

(133.3)

$

0.3

$

(14.8)

$

(147.8)

Three Months Ended June 30, 2020

Foreign 

    

    

    

 

Currency

Interest Rate

    

Translation

Swaps

Other

Total

 

Balance at March 31, 2020

$

(278.8)

$

$

(20.7)

$

(299.5)

Other comprehensive income (loss) before reclassifications

 

27.5

 

(4.1)

 

1.3

 

24.7

Amounts reclassified from accumulated other comprehensive income (loss) — net of tax benefit of $0.0

 

 

 

 

Net current period other comprehensive income (loss)

 

27.5

 

(4.1)

 

1.3

 

24.7

Balance at June 30, 2020

$

(251.3)

$

(4.1)

$

(19.4)

$

(274.8)

Six Months Ended June 30, 2021

    

Foreign 

    

    

    

 

Currency

Interest Rate

Translation

Swaps

Other

Total

 

Balance at December 31, 2020

$

(135.5)

$

(3.2)

$

(21.9)

$

(160.6)

Other comprehensive income (loss) before reclassifications

 

2.2

 

3.0

 

7.1

 

12.3

Amounts reclassified from accumulated other comprehensive income (loss) — net of tax benefit of $0.2

 

 

0.5

 

 

0.5

Net current period other comprehensive income (loss)

 

2.2

 

3.5

 

7.1

 

12.8

Balance at June 30, 2021

$

(133.3)

$

0.3

$

(14.8)

$

(147.8)

Six Months Ended June 30, 2020

Foreign 

    

    

    

 

Currency

Interest Rate

Translation

Swaps

Other

Total

 

Balance at December 31, 2019

$

(186.1)

$

$

(16.7)

$

(202.8)

Other comprehensive income (loss) before reclassifications

 

(65.2)

 

(4.1)

 

(2.7)

 

(72.0)

Amounts reclassified from accumulated other comprehensive income (loss) — net of tax benefit of $0.0

 

 

 

 

Net current period other comprehensive income (loss)

 

(65.2)

 

(4.1)

 

(2.7)

 

(72.0)

Balance at June 30, 2020

$

(251.3)

$

(4.1)

$

(19.4)

$

(274.8)