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CONSOLIDATED STATEMENT OF EQUITY - 6 months ended Jun. 30, 2017 - 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, 2016 | $ 1,750.9 |  | $ 497.1 | $ 1,504.5 | $ (250.7) | $ 28.6 | $ 1,779.5
Balance (in shares) at Dec. 31, 2016 |  | 85,214,345 |  |  |  |  |
Increase (decrease) in stockholders' equity |  |  |  |  |  |  |
Equity compensation | 8.6 |  | 8.6 |  |  |  | 8.6
Equity compensation (in shares) |  | 324,275 |  |  |  |  |
Repurchases of common stock | (8.5) |  | (8.5) |  |  |  | (8.5)
Repurchases of common stock (in shares) |  | (183,710) |  |  |  |  |
Issuance of common stock | 32.4 |  | 32.4 |  |  |  | 32.4
Issuance of common stock (in shares) |  | 665,487 |  |  |  |  |
Dividends | (52.4) |  |  | (52.4) |  |  | (52.4)
Distributions to non-controlling interests |  |  |  |  |  | (0.9) | (0.9)
Foreign currency translation | 60.3 |  |  |  | 60.3 | 2.1 | 62.4
Other | 4.2 |  |  |  | 4.2 | 1.5 | 5.7
Net income | 188.8 |  |  | 188.8 |  | 1.1 | 189.9
Balance at Jun. 30, 2017 | $ 1,984.3 |  | $ 529.6 | $ 1,640.9 | $ (186.2) | $ 32.4 | $ 2,016.7
Balance (in shares) at Jun. 30, 2017 |  | 86,020,397 |  |  |  |  |

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