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CONSOLIDATED STATEMENT OF EQUITY - 9 months ended Sep. 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 | 12.4 |  | 12.4 |  |  |  | 12.4
Equity compensation (in shares) |  | 323,998 |  |  |  |  |
Repurchases of common stock | (18.5) |  | (18.5) |  |  |  | (18.5)
Repurchases of common stock (in shares) |  | (435,710) |  |  |  |  |
Issuance of common stock | 32.4 |  | 32.4 |  |  |  | 32.4
Issuance of common stock (in shares) |  | 665,487 |  |  |  |  |
Dividends | (80.1) |  |  | (80.1) |  |  | (80.1)
Purchase of subsidiary shares from non-controlling interest | (0.4) |  | (0.4) |  |  | (0.3) | (0.7)
Distributions to non-controlling interests |  |  |  |  |  | (1.4) | (1.4)
Foreign currency translation | 91.3 |  |  |  | 91.3 | 2.8 | 94.1
Other | 7.8 |  |  |  | 7.8 | 2.3 | 10.1
Net income | 283.2 |  |  | 283.2 |  | 1.0 | 284.2
Balance at Sep. 30, 2017 | $ 2,079.0 |  | $ 523.0 | $ 1,707.6 | $ (151.6) | $ 33.0 | $ 2,112.0
Balance (in shares) at Sep. 30, 2017 |  | 85,768,120 |  |  |  |  |

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