Goodwill and Other Intangible Assets, Net

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets, Net

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

Our senior management evaluates, oversees and manages the financial performance of our operations through two field groups, referred to as Group 1 and Group 2.

Goodwill

A summary of the activity and balances in goodwill accounts by reporting segment follows:


	Balance as of December 31, 2019		Acquisitions		Divestitures		Adjustments to Acquisitions		Balance as of March 31, 2020
Group 1	$	6,235.6	$	7.5	$	—	$	(0.3)	$	6,242.8
Group 2	5,397.8		29.5		(3.1)		0.5		5,424.7
Total	$	11,633.4	$	37.0	$	(3.1)	$	0.2	$	11,667.5

Other Intangible Assets, Net

Other intangible assets, net, include values assigned to customer relationships, non-compete agreements and trade names, and are amortized over periods ranging from 1 to 17 years. A summary of the activity and balances by intangible asset type follows:


	Gross Intangible Assets														Accumulated Amortization				Other Intangible Assets, Net as of March 31, 2020
	Balance as of December 31, 2019		Acquisitions		Adjustments and Other		Balance as of March 31, 2020		Balance as of December 31, 2019		Additions Charged to Expense		Adjustments and Other		Balance as of March 31, 2020
Customer relationships	$	733.8	$	0.7	$	—	$	734.5	$	(623.0)	$	(4.2)	$	—	$	(627.2)	$	107.3
Non-compete agreements	45.3		1.1		(0.2)		46.2		(35.3)		(0.9)		0.1		(36.1)		10.1
Other intangible assets	58.2		—		(0.7)		57.5		(45.1)		(0.2)		0.4		(44.9)		12.6
Total	$	837.3	$	1.8	$	(0.9)	$	838.2	$	(703.4)	$	(5.3)	$	0.5	$	(708.2)	$	130.0

We evaluate goodwill for impairment annually as of October 1, or when an indicator of impairment exists. In accordance with our accounting policy, we also perform a quarterly review of our long-lived and intangible assets. During the performance of our first quarter impairment review, we considered the impact of the COVID-19 pandemic on our business, noting no indicators of impairment for goodwill or other intangible assets.