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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2024
IAA  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The acquisition was accounted for in accordance with ASC 805, Business Combinations. The following table summarizes the final allocation of the purchase price to the fair value of assets acquired and liabilities assumed:
Purchase price (cash: $1,714.2 million; fair value of common shares issued: $3,712.9 million; repayment of net debt: $1,157.1 million; reimbursement of costs: $48.8 million; and fair value of exchanged equity awards: $13.1 million)
$6,646.1 
Assets acquired:
Cash and cash equivalents166.6 
Trade and other receivables497.3 
Inventory57.1 
Other current assets28.0 
Income taxes receivable0.6 
Property, plant and equipment618.5 
Operating lease right-of-use assets1,289.7 
Other non-current assets34.8 
Intangible assets2,712.1 
Liabilities assumed:
Auction proceeds payable60.7 
Trade and other liabilities257.0 
Current operating lease liability77.5 
Income taxes payable3.5 
Long-term operating lease liability1,192.7 
Other non-current liabilities24.3 
Deferred tax liabilities689.5 
Fair value of identifiable net assets acquired3,099.5 
Goodwill acquired on acquisition$3,546.6 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The following table summarizes the final fair values of the identifiable intangible assets acquired:

AssetPreliminary fair value
at acquisition		Weighted average
amortization period
Customer relationships$2,293.5 15 years
Developed technology245.2 4 years
Trade names and trademarks166.6 5 years
Software under development6.8 — 
$2,712.1 13.4 years
VeriTread  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the final allocation of the purchase price to the fair value of assets acquired and liabilities assumed:
Purchase price (cash: $28.1 million; and fair value of previously held equity interest: $4.3 million)
$32.4 
Fair value of identifiable net assets acquired17.9 
Redeemable non-controlling interest(8.9)
Non-controlling interest(1.8)
Goodwill acquired on acquisition$25.2 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The final fair value of identifiable net assets acquired consists of cash and cash equivalents of $3.4 million, trade and other receivables and other current assets of $0.9 million, trade and other liabilities of $1.1 million, and identifiable intangible assets of $14.7 million as summarized in the following table:
AssetFair value
at acquisition		Weighted average
amortization period
Customer relationships$7.2 5 years
Software and technology assets7.1 7 years
Trade names and trademarks0.4 2 years
$14.7 5.9 years