XML 96 R25.htm IDEA: XBRL DOCUMENT
v3.22.2

Revenues (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Revenues |
Schedule of accounts receivable and unearned revenues | The following table summarizes our accounts receivable and unearned revenues as of June 30, 2022, and December 31, 2021:
| June 30, 2022 |  | December 31, 2021
Accounts receivable |  |  |
Contracts in transit | $ | 214.5 |  |  | $ | 198.7 |
Vehicle receivables | 206.1 |  |  | 197.7 |
Manufacturer receivables | 141.6 |  |  | 157.7 |
Trade receivables | 191.7 |  |  | 164.5 |
Accrued expenses |  |  |
Unearned revenues | $ | 285.6 |  |  | $ | 297.0 |
Retail automotive dealership |
Revenues |
Schedule of disaggregation of revenues | The following tables disaggregate our retail automotive segment revenue by product type and geographic location for the three and six months ended June 30, 2022 and 2021:
| Three Months Ended June 30, |  | Six Months Ended June 30,
Retail Automotive Dealership Revenue | 2022 |  | 2021 |  | 2022 |  | 2021
New vehicle | $ | 2,446.0 |  |  | $ | 2,811.3 |  |  | $ | 4,891.5 |  |  | $ | 5,232.7 |
Used vehicle | 2,387.8 |  |  | 2,327.6 |  |  | 4,810.7 |  |  | 4,135.6 |
Finance and insurance, net | 221.4 |  |  | 212.3 |  |  | 438.7 |  |  | 381.1 |
Service and parts | 597.0 |  |  | 546.2 |  |  | 1,183.2 |  |  | 1,049.4 |
Fleet and wholesale | 345.1 |  |  | 300.2 |  |  | 702.4 |  |  | 605.7 |
Total retail automotive dealership revenue | $ | 5,997.3 |  |  | $ | 6,197.6 |  |  | $ | 12,026.5 |  |  | $ | 11,404.5 |
| Three Months Ended June 30, |  | Six Months Ended June 30,
Retail Automotive Dealership Revenue | 2022 |  | 2021 |  | 2022 |  | 2021
U.S. | $ | 3,443.9 |  |  | $ | 3,614.5 |  |  | $ | 6,787.5 |  |  | $ | 6,619.3 |
U.K. | 2,196.4 |  |  | 2,190.6 |  |  | 4,459.3 |  |  | 4,044.0 |
Germany, Italy, and Japan | 357.0 |  |  | 392.5 |  |  | 779.7 |  |  | 741.2 |
Total retail automotive dealership revenue | $ | 5,997.3 |  |  | $ | 6,197.6 |  |  | $ | 12,026.5 |  |  | $ | 11,404.5 |
Retail commercial truck dealership |
Revenues |
Schedule of disaggregation of revenues | The following table disaggregates our retail commercial truck segment revenue by product type for the three and six months ended June 30, 2022 and 2021:
| Three Months Ended June 30, |  | Six Months Ended June 30,
Retail Commercial Truck Dealership Revenue | 2022 |  | 2021 |  | 2022 |  | 2021
New truck | $ | 447.3 |  |  | $ | 399.2 |  |  | $ | 919.0 |  |  | $ | 646.7 |
Used truck | 78.7 |  |  | 59.0 |  |  | 179.0 |  |  | 110.0 |
Finance and insurance, net | 4.5 |  |  | 3.8 |  |  | 10.9 |  |  | 6.9 |
Service and parts | 219.6 |  |  | 157.3 |  |  | 416.6 |  |  | 281.9 |
Other | 18.6 |  |  | 6.0 |  |  | 35.5 |  |  | 14.5 |
Total retail commercial truck dealership revenue | $ | 768.7 |  |  | $ | 625.3 |  |  | $ | 1,561.0 |  |  | $ | 1,060.0 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DisaggregationOfRevenueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pag_RetailAutomotiveDealershipSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pag_RetailCommercialTruckDealershipSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |