XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.23.3

Revenues (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Revenues |
Schedule of accounts receivable and unearned revenues | The following table summarizes our accounts receivable and unearned revenues as of September 30, 2023, and December 31, 2022:
| September 30, 2023 |  | December 31, 2022
Accounts receivable |  |  |
Contracts in transit | $ | 289.4 |  |  | $ | 281.7 |
Vehicle receivables | 147.3 |  |  | 235.1 |
Manufacturer receivables | 192.8 |  |  | 178.9 |
Trade receivables | 287.1 |  |  | 191.1 |
Accrued expenses |  |  |
Unearned revenues | $ | 280.3 |  |  | $ | 291.7 |
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 nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
Retail Automotive Dealership Revenue | 2023 |  | 2022 |  | 2023 |  | 2022
New vehicle | $ | 2,742.7 |  |  | $ | 2,395.2 |  |  | $ | 8,284.1 |  |  | $ | 7,286.7 |
Used vehicle | 2,322.1 |  |  | 2,208.8 |  |  | 6,949.5 |  |  | 7,019.5 |
Finance and insurance, net | 210.1 |  |  | 208.1 |  |  | 631.0 |  |  | 646.8 |
Service and parts | 685.2 |  |  | 609.8 |  |  | 2,053.4 |  |  | 1,793.0 |
Fleet and wholesale | 365.3 |  |  | 335.9 |  |  | 1,113.2 |  |  | 1,038.3 |
Total retail automotive dealership revenue | $ | 6,325.4 |  |  | $ | 5,757.8 |  |  | $ | 19,031.2 |  |  | $ | 17,784.3 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
Retail Automotive Dealership Revenue | 2023 |  | 2022 |  | 2023 |  | 2022
U.S. | $ | 3,595.9 |  |  | $ | 3,400.8 |  |  | $ | 10,511.1 |  |  | $ | 10,188.3 |
U.K. | 2,306.8 |  |  | 2,002.0 |  |  | 7,180.7 |  |  | 6,461.3 |
Germany, Italy, and Japan | 422.7 |  |  | 355.0 |  |  | 1,339.4 |  |  | 1,134.7 |
Total retail automotive dealership revenue | $ | 6,325.4 |  |  | $ | 5,757.8 |  |  | $ | 19,031.2 |  |  | $ | 17,784.3 |
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 nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
Retail Commercial Truck Dealership Revenue | 2023 |  | 2022 |  | 2023 |  | 2022
New truck | $ | 644.4 |  |  | $ | 704.8 |  |  | $ | 1,861.0 |  |  | $ | 1,623.8 |
Used truck | 68.4 |  |  | 74.2 |  |  | 170.3 |  |  | 253.2 |
Finance and insurance, net | 5.9 |  |  | 5.5 |  |  | 15.9 |  |  | 16.4 |
Service and parts | 235.1 |  |  | 223.9 |  |  | 695.2 |  |  | 640.5 |
Other | 10.9 |  |  | 11.1 |  |  | 37.1 |  |  | 46.6 |
Total retail commercial truck dealership revenue | $ | 964.7 |  |  | $ | 1,019.5 |  |  | $ | 2,779.5 |  |  | $ | 2,580.5 |

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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + 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 Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 91 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479777/606-10-55-91 + 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + 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: |