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CONSOLIDATED CONDENSED STATEMENTS 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, 2019 $ 2,793.4   $ 320.4 $ 2,675.8 $ (202.8) $ 18.2 $ 2,811.6
Balance (in shares) at Dec. 31, 2019   81,084,751          
Increase (decrease) in stockholders' equity              
Equity compensation 10.1   10.1       10.1
Equity compensation (in shares)   278,446          
Repurchases of common stock (34.2)   (34.2)       (34.2)
Repurchases of common stock (in shares)   (1,023,288)          
Dividends (34.2)     (34.2)     (34.2)
Interest rate swaps (4.1)       (4.1)   (4.1)
Foreign currency translation (65.2)       (65.2) (0.1) (65.3)
Other (2.7)       (2.7) 0.1 (2.6)
Net income 96.8     96.8   (0.5) 96.3
Balance at Jun. 30, 2020 2,759.9   296.3 2,738.4 (274.8) 17.7 2,777.6
Balance (in shares) at Jun. 30, 2020   80,339,909          
Balance at Mar. 31, 2020 2,689.7   295.9 2,693.3 (299.5) 17.8 2,707.5
Balance (in shares) at Mar. 31, 2020   80,463,278          
Increase (decrease) in stockholders' equity              
Equity compensation 5.2   5.2       5.2
Equity compensation (in shares)   9,724          
Repurchases of common stock (4.8)   (4.8)       (4.8)
Repurchases of common stock (in shares)   (133,093)          
Interest rate swaps (4.1)       (4.1)   (4.1)
Foreign currency translation 27.5       27.5 0.1 27.6
Other 1.3       1.3 0.1 1.4
Net income 45.1     45.1   (0.3) 44.8
Balance at Jun. 30, 2020 2,759.9   296.3 2,738.4 (274.8) 17.7 2,777.6
Balance (in shares) at Jun. 30, 2020   80,339,909          
Balance at Dec. 31, 2020 3,302.5   311.8 3,151.3 (160.6) 23.6 3,326.1
Balance (in shares) at Dec. 31, 2020   80,392,662          
Increase (decrease) in stockholders' equity              
Equity compensation 13.1   13.1       13.1
Equity compensation (in shares)   433,481          
Repurchases of common stock (40.9)   (40.9)       (40.9)
Repurchases of common stock (in shares)   (495,307)          
Dividends (70.2)     (70.2)     (70.2)
Interest rate swaps 3.5       3.5   3.5
Distributions to non-controlling interest           (1.4) (1.4)
Foreign currency translation 2.2       2.2 (0.3) 1.9
Other 7.1       7.1   7.1
Net income 521.4     521.4   2.1 523.5
Balance at Jun. 30, 2021 3,738.7   284.0 3,602.5 (147.8) 24.0 3,762.7
Balance (in shares) at Jun. 30, 2021   80,330,836          
Balance at Mar. 31, 2021 3,462.2   318.4 3,299.2 (155.4) 22.5 3,484.7
Balance (in shares) at Mar. 31, 2021   80,827,657          
Increase (decrease) in stockholders' equity              
Equity compensation 6.5   6.5       6.5
Equity compensation (in shares)   (1,514)          
Repurchases of common stock (40.9)   (40.9)       (40.9)
Repurchases of common stock (in shares)   (495,307)          
Dividends (35.6)     (35.6)     (35.6)
Interest rate swaps (0.4)       (0.4)   (0.4)
Distributions to non-controlling interest           (0.2) (0.2)
Foreign currency translation 1.6       1.6 0.2 1.8
Other 6.4       6.4   6.4
Net income 338.9     338.9   1.5 340.4
Balance at Jun. 30, 2021 $ 3,738.7   $ 284.0 $ 3,602.5 $ (147.8) $ 24.0 $ 3,762.7
Balance (in shares) at Jun. 30, 2021   80,330,836