XML 71 R51.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Organization and Summary of Significant Accounting Policies - Fair value (Details) - USD ($) $ in Millions | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
--- | --- | --- | ---
Fair Value of Financial Instruments |  |  |
Debt instrument, Carrying Value | $ 1,877.1 | $ 1,275.0 |
5.75% senior subordinated notes due 2022 |  |  |
Fair Value of Financial Instruments |  |  |
Interest rate (as a percent) | 5.75% | 5.75% |
Debt instrument, Carrying Value | $ 545.1 | $ 544.3 |
5.75% senior subordinated notes due 2022 | Fair Value, Inputs, Level 2 |  |  |
Fair Value of Financial Instruments |  |  |
Debt instrument, Carrying Value | 545.1 | 544.3 |
Debt instrument, Fair Value | $ 567.6 | $ 558.6 |
5.375% Senior Subordinated Notes Due 2024 |  |  |
Fair Value of Financial Instruments |  |  |
Interest rate (as a percent) | 5.375% | 5.375% | 5.375%
Debt instrument, Carrying Value | $ 296.8 | $ 296.4 |
5.375% Senior Subordinated Notes Due 2024 | Fair Value, Inputs, Level 2 |  |  |
Fair Value of Financial Instruments |  |  |
Debt instrument, Carrying Value | 296.8 | 296.4 |
Debt instrument, Fair Value | $ 293.0 | 295.7 |
5.50% senior subordinated notes due 2026 |  |  |
Fair Value of Financial Instruments |  |  |
Interest rate (as a percent) | 5.50% |  |
Debt instrument, Carrying Value | $ 493.7 |  |
5.50% senior subordinated notes due 2026 | Fair Value, Inputs, Level 2 |  |  |
Fair Value of Financial Instruments |  |  |
Debt instrument, Carrying Value | 493.7 |  |
Debt instrument, Fair Value | 489.4 |  |
Mortgage facilities |  |  |
Fair Value of Financial Instruments |  |  |
Debt instrument, Carrying Value | 199.9 | 165.8 |
Mortgage facilities | Fair Value, Inputs, Level 2 |  |  |
Fair Value of Financial Instruments |  |  |
Debt instrument, Carrying Value | 199.9 | 165.8 |
Debt instrument, Fair Value | $ 195.6 | $ 165.8 |

X
- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611 + Details
Name: | us-gaap_DebtInstrumentFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=pag_SeniorSubordinatedNotes5.75PercentDue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=pag_SeniorSubordinatedNotes5.375PercentDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=pag_SeniorSubordinatedNotes5.50PercentDue2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |