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CONSOLIDATED CONDENSED STATEMENTS OF EQUITY - 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, 2019 $ 2,793.4   $ 320.4 $ 2,675.8 $ (202.8) $ 18.2 $ 2,811.6
Balance (in shares) at Dec. 31, 2019   81,084,751          
Increase (decrease) in stockholders' equity              
Equity compensation 15.2   15.2       15.2
Equity compensation (in shares)   279,196          
Repurchases of common stock (34.4)   (34.4)       (34.4)
Repurchases of common stock (in shares)   (1,027,736)          
Dividends (34.2)     (34.2)     (34.2)
Interest rate swaps (4.0)       (4.0)   (4.0)
Foreign currency translation (15.7)       (15.7) 0.3 (15.4)
Other 0.6       0.6 0.2 0.8
Net income 343.4     343.4   0.5 343.9
Balance at Sep. 30, 2020 3,064.3   301.2 2,985.0 (221.9) 19.2 3,083.5
Balance (in shares) at Sep. 30, 2020   80,336,211          
Balance at Jun. 30, 2020 2,759.9   296.3 2,738.4 (274.8) 17.7 2,777.6
Balance (in shares) at Jun. 30, 2020   80,339,909          
Increase (decrease) in stockholders' equity              
Equity compensation 5.1   5.1       5.1
Equity compensation (in shares)   750          
Repurchases of common stock (0.2)   (0.2)       (0.2)
Repurchases of common stock (in shares)   (4,448)          
Interest rate swaps 0.1       0.1   0.1
Foreign currency translation 49.5       49.5 0.4 49.9
Other 3.3       3.3 0.1 3.4
Net income 246.6     246.6   1.0 247.6
Balance at Sep. 30, 2020 3,064.3   301.2 2,985.0 (221.9) 19.2 3,083.5
Balance (in shares) at Sep. 30, 2020   80,336,211          
Balance at Dec. 31, 2020 3,302.5   311.8 3,151.3 (160.6) 23.6 3,326.1
Balance (in shares) at Dec. 31, 2020   80,392,662          
Increase (decrease) in stockholders' equity              
Equity compensation 18.8   18.8       18.8
Equity compensation (in shares)   426,289          
Repurchases of common stock (219.8)   (219.8)       (219.8)
Repurchases of common stock (in shares)   (2,524,938)          
Dividends (106.3)     (106.3)     (106.3)
Interest rate swaps 3.8       3.8   3.8
Distributions to non-controlling interest           (1.9) (1.9)
Foreign currency translation (40.0)       (40.0) (0.7) (40.7)
Other 6.6       6.6   6.6
Net income 876.5     876.5   3.3 879.8
Balance at Sep. 30, 2021 3,842.1   110.8 3,921.5 (190.2) 24.3 3,866.4
Balance (in shares) at Sep. 30, 2021   78,294,013          
Balance at Jun. 30, 2021 3,738.7   284.0 3,602.5 (147.8) 24.0 3,762.7
Balance (in shares) at Jun. 30, 2021   80,330,836          
Increase (decrease) in stockholders' equity              
Equity compensation 5.7   5.7       5.7
Equity compensation (in shares)   (7,192)          
Repurchases of common stock (178.9)   (178.9)       (178.9)
Repurchases of common stock (in shares)   (2,029,631)          
Dividends (36.1)     (36.1)     (36.1)
Interest rate swaps 0.3       0.3   0.3
Distributions to non-controlling interest           (0.5) (0.5)
Foreign currency translation (42.2)       (42.2) (0.4) (42.6)
Other (0.5)       (0.5)   (0.5)
Net income 355.1     355.1   1.2 356.3
Balance at Sep. 30, 2021 $ 3,842.1   $ 110.8 $ 3,921.5 $ (190.2) $ 24.3 $ 3,866.4
Balance (in shares) at Sep. 30, 2021   78,294,013