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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 119.2 $ 49.5
Accounts receivable, net of allowance for doubtful accounts of $5.7 and $5.5 737.7 806.9
Inventories 2,598.4 3,425.6
Other current assets 121.4 126.8
Total current assets 3,576.7 4,408.8
Property and equipment, net 2,378.6 2,404.4
Operating lease right-of-use assets 2,410.9 2,416.5
Goodwill 2,050.9 1,928.4
Other indefinite-lived intangible assets 600.7 563.4
Equity method investments 1,668.2 1,500.3
Other long-term assets 33.3 25.4
Total assets 12,719.3 13,247.2
LIABILITIES AND EQUITY    
Floor plan notes payable 962.2 1,780.5
Floor plan notes payable - non-trade 1,074.9 1,363.8
Accounts payable 808.8 675.4
Accrued expenses and other current liabilities 922.4 767.2
Current portion of long-term debt 67.9 87.5
Liabilities held for sale 0.5 0.5
Total current liabilities 3,836.7 4,674.9
Long-term debt 1,356.7 1,602.1
Long-term operating lease liabilities 2,341.1 2,350.3
Deferred tax liabilities 1,003.4 873.1
Other long-term liabilities 315.0 420.7
Total liabilities 8,852.9 9,921.1
Commitments and contingent liabilities (Note 11)  
Penske Automotive Group stockholders' equity:    
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding  
Common Stock  
Additional paid-in capital 110.8 311.8
Retained earnings 3,921.5 3,151.3
Accumulated other comprehensive income (loss) (190.2) (160.6)
Total Penske Automotive Group stockholders' equity 3,842.1 3,302.5
Non-controlling interest 24.3 23.6
Total equity 3,866.4 3,326.1
Total liabilities and equity $ 12,719.3 13,247.2
Non-voting Common Stock    
Penske Automotive Group stockholders' equity:    
Common Stock  
Class C Common Stock    
Penske Automotive Group stockholders' equity:    
Common Stock