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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The following summarizes the Company's goodwill by reportable segment:
(in millions) | North America |  | International |  | Consolidated
Balance as of December 31, 2018 | $ | 576.7 |  |  | $ | 146.3 |  |  | $ | 723.0 |
Goodwill resulting from acquisitions | 2.4 |  |  | 5.4 |  |  | 7.8 |
Foreign currency translation adjustments and other | 2.8 |  |  | (1.3) |  |  | 1.5 |
Balance as of December 31, 2019 | $ | 581.9 |  |  | $ | 150.4 |  |  | $ | 732.3 |
Goodwill resulting from acquisition | 26.7 |  |  | — |  |  | 26.7 |
Foreign currency translation adjustments and other | 1.7 |  |  | 5.6 |  |  | 7.3 |
Balance as of December 31, 2020 | $ | 610.3 |  |  | $ | 156.0 |  |  | $ | 766.3 |
The following table summarizes information relating to the Company’s other intangible assets, net:
($ in millions) |  |  | December 31, 2020 |  | December 31, 2019
Useful Lives (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Unamortized indefinite life intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  |  | $ | 560.7 |  |  |  |  | $ | 560.7 |  |  | $ | 559.5 |  |  |  |  | $ | 559.5 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Contractual distributor relationships | 15 |  | 85.7 |  |  | 44.5 |  |  | 41.2 |  |  | 85.5 |  |  | 38.7 |  |  | 46.8 |
Technology and other | 4-10 |  | 91.3 |  |  | 75.9 |  |  | 15.4 |  |  | 91.1 |  |  | 68.7 |  |  | 22.4 |
Patents, other trademarks and other trade names | 5-20 |  | 28.7 |  |  | 21.3 |  |  | 7.4 |  |  | 27.9 |  |  | 18.6 |  |  | 9.3 |
Customer databases, relationships and reacquired rights | 2-5 |  | 35.1 |  |  | 29.7 |  |  | 5.4 |  |  | 30.9 |  |  | 27.5 |  |  | 3.4 |
Total |  |  | $ | 801.5 |  |  | $ | 171.4 |  |  | $ | 630.1 |  |  | $ | 794.9 |  |  | $ | 153.5 |  |  | $ | 641.4 |
Amortization expense relating to intangible assets for the Company was $17.5 million, $15.9 million and $15.3 million for the years ended December 31, 2020, 2019 and 2018, respectively, and is recorded in general, administrative and other expenses in the Company's Consolidated Statements of Income. No impairments of goodwill or other intangible assets have adjusted the gross carrying amount of these assets in any period. Estimated annual amortization of intangible assets is expected to be as follows for the years ending December 31:
(in millions) |
2021 | $ | 20.0 |
2022 | 14.2 |
2023 | 8.2 |
2024 | 6.6 |
2025 | 6.5 |
Thereafter | 13.9 |
Total | $ | 69.4 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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