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Condensed Consolidating Financial Information (Details 3) (USD $) In Millions, unless otherwise specified | 3 Months Ended
--- | ---
Mar. 31, 2014 | Mar. 31, 2013
Condensed consolidating statement of cash flows |  |
Net cash from continuing operating activities | $ 132.5 | $ 97.9
Investing activities: |  |
Purchase of equipment and improvements | (34.5) | (32.8)
Purchase of car rental vehicles | (28.5) | (35.9)
Acquisitions, net | (81.8) | (27.2)
Other | 8.3 | 5.7
Net cash from continuing investing activities | (136.5) | (90.2)
Financing activities: |  |
Net borrowings (repayments) of long-term debt | (12.0) | (39.5)
Net borrowings (repayments) of floor plan notes payable - non-trade | 7.1 | 41.7
Repurchases of common stock |  | (12.7)
Dividends | (16.2) | (12.6)
Net cash from continuing financing activities | (21.1) | (23.1)
Net cash from discontinued operations | 30.2 | 3.6
Net change in cash and cash equivalents | 5.1 | (11.8)
Cash and cash equivalents, beginning of period | 49.8 | 43.8
Cash and cash equivalents, end of period | 54.9 | 32.0
Reportable legal entities | Penske Automotive Group |  |
Condensed consolidating statement of cash flows |  |
Net cash from continuing operating activities | 9.7 | 68.4
Investing activities: |  |
Purchase of equipment and improvements | (0.3) | (0.3)
Net cash from continuing investing activities | (0.3) | (0.3)
Financing activities: |  |
Net borrowings (repayments) of long-term debt | 10.0 | (40.0)
Net borrowings (repayments) of floor plan notes payable - non-trade | (3.2) | (2.8)
Repurchases of common stock |  | (12.7)
Dividends | (16.2) | (12.6)
Net cash from continuing financing activities | (9.4) | (68.1)
Net change in cash and cash equivalents |  | 0
Cash and cash equivalents, end of period |  | 0
Reportable legal entities | Guarantor Subsidiaries |  |
Condensed consolidating statement of cash flows |  |
Net cash from continuing operating activities | 112.2 | 26.6
Investing activities: |  |
Purchase of equipment and improvements | (22.7) | (21.6)
Purchase of car rental vehicles | (28.5) | (35.9)
Acquisitions, net | (80.0) | (27.2)
Other | 8.3 |
Net cash from continuing investing activities | (122.9) | (84.7)
Financing activities: |  |
Net borrowings (repayments) of long-term debt | 9.0 | 52.3
Net borrowings (repayments) of floor plan notes payable - non-trade | (29.1) | (12.7)
Distributions from (to) parent | 0.5 | 0.4
Net cash from continuing financing activities | (19.6) | 40.0
Net cash from discontinued operations | 25.4 | 0.4
Net change in cash and cash equivalents | (4.9) | (17.7)
Cash and cash equivalents, beginning of period | 12.6 | 34.7
Cash and cash equivalents, end of period | 7.7 | 17.0
Reportable legal entities | Non-Guarantor Subsidiaries |  |
Condensed consolidating statement of cash flows |  |
Net cash from continuing operating activities | 10.6 | 2.9
Investing activities: |  |
Purchase of equipment and improvements | (11.5) | (10.9)
Acquisitions, net | (1.8) |
Other |  | 5.7
Net cash from continuing investing activities | (13.3) | (5.2)
Financing activities: |  |
Net borrowings (repayments) of long-term debt | (31.0) | (51.8)
Net borrowings (repayments) of floor plan notes payable - non-trade | 39.4 | 57.2
Distributions from (to) parent | (0.5) | (0.4)
Net cash from continuing financing activities | 7.9 | 5.0
Net cash from discontinued operations | 4.8 | 3.2
Net change in cash and cash equivalents | 10.0 | 5.9
Cash and cash equivalents, beginning of period | 37.2 | 9.1
Cash and cash equivalents, end of period | $ 47.2 | $ 15.0

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