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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combinations [Abstract] |
Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed | The following table summarizes the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed for the year ended December 31, 2021, follows:
| December 31, 2021
Accounts receivable | $ | 2.4 |
Inventories | 106.6 |
Other current assets | 5.8 |
Property and equipment | 102.7 |
Indefinite-lived intangibles | 294.4 |
Other noncurrent assets | 14.9 |
Current liabilities | (56.4) |
Noncurrent liabilities | (15.7) |
Total consideration | 454.7 |
Fair value of previously held interest | (22.9) |
Total cash used in acquisitions | $ | 431.8 |
Summary of unaudited consolidated pro forma results of operations | The following unaudited consolidated pro forma results of operations of PAG for the year ended December 31, 2021, give effect to acquisitions consummated during 2021 as if they had occurred on January 1, 2020:
| Year Ended December 31,
| 2021 |  | 2020
Revenues | $ | 26,219.8 |  |  | $ | 21,542.6 |
Income from continuing operations | 1,203.6 |  |  | 574.0 |
Net income | 1,204.9 |  |  | 574.3 |
Income from continuing operations per diluted common share | $ | 15.09 |  |  | $ | 7.12 |
Net income per diluted common share | $ | 15.11 |  |  | $ | 7.13 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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