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Goodwill

12 Months Ended

Dec. 31, 2020

Note 6. Goodwill

The changes in the carrying amount of goodwill are as follows:


	(in millions)

Balance at January 1, 2018	$	1,842.6
Acquisitions		33.8
Effect of foreign currency translation		(5.6)
Balance at December 31, 2018		1,870.8
Acquisitions		131.8
Purchase price allocation adjustments		(1.9)
Effect of foreign currency translation		3.1
Balance at December 31, 2019		2,003.8
Acquisition		6.9
Purchase price allocation adjustments		(77.2)
Effect of foreign currency translation		1.7
Balance at December 31, 2020	$	1,935.2

The 2020 purchase price allocation adjustments relate to the completion of the accounting of our acquisition of Fry Steel.

We had no accumulated impairment losses related to goodwill at December 31, 2020.