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Business Combinations, Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2019
Business Acquistion, Pro Forma Results [Line Items]  
Summary of Earn-out Payments [Table Text Block]
Earn-Out Payments
($ in millions)
December 31, 2019
 
December 31, 2018
Number of acquisitions with earn-out payments subject to the achievement of certain performance criteria
44

 
54

Maximum earn-out payments (undiscounted)
$
268.9

 
407.3

Short-term earn-out liabilities (fair value)1
53.9

 
50.9

Long-term earn-out liabilities (fair value)1
94.5

 
141.1

1Included in Short-term and Long-term acquisition obligations on the Consolidated Balance Sheets
Movements in Goodwill by Reporting Segment
The following table details, by reporting segment, the annual movements in goodwill.
($ in millions)
Americas
EMEA
Asia
Pacific
LaSalle
Consolidated
Balance as of December 31, 2017
$
1,412.2

957.6

323.0

16.5

 
$
2,709.3

Additions, net of adjustments
42.0

1.9

8.7

6.4

 
59.0

Dispositions
—

—

(3.9
)
—

 
(3.9
)
Impact of exchange rate movements
(2.2
)
(52.7
)
(11.0
)
(0.7
)
 
(66.6
)
Balance as of December 31, 2018
1,452.0

906.8

316.8

22.2

 
2,697.8

Additions, net of adjustments
1,424.4

1.6

—

35.5

 
1,461.5

Dispositions
—

(4.4
)
—

—

 
(4.4
)
Impact of exchange rate movements
1.2

11.9

0.8

(0.6
)
 
13.3

Balance as of December 31, 2019
$
2,877.6

915.9

317.6

57.1

 
$
4,168.2
Movements in Gross Carrying Amount and Accumulated Amortization of Finite-Lived Intangible Assets
The following table details, by reporting segment, the annual movements in the gross carrying amount and accumulated amortization of our identifiable intangibles.
 
MSR
 
Other Intangibles
 
 
($ in millions)
Americas
 
Americas
EMEA
Asia Pacific
LaSalle
 
Consolidated
Gross Carrying Amount
 
 
 
 
 
 
 
 
Balance as of December 31, 2017
$
241.8

 
117.0

88.8

23.3

—

 
$
470.9

Additions, net of adjustments (1)
49.9

 
9.1

0.3

3.8

43.9

 
107.0

Adjustment for fully amortized intangibles
(25.5
)
 
(36.2
)
(1.7
)
(1.0
)
—

 
(64.4
)
Impact of exchange rate movements
—

 
0.1

(4.3
)
(2.6
)
—

 
(6.8
)
Balance as of December 31, 2018
266.2

 
90.0

83.1

23.5

43.9

 
506.7

Additions, net of adjustments (1)
247.6

 
196.7

0.1

—

9.6

 
454.0

Adjustment for fully amortized intangibles
(33.4
)
 
(0.6
)
(28.1
)
(2.0
)
—

 
(64.1
)
Impairments
—

 
(0.5
)
—

—

—

 
(0.5
)
Impact of exchange rate movements
—

 
0.1

0.8

(0.1
)
0.5

 
1.3

Balance as of December 31, 2019
$
480.4

 
285.7

55.9

21.4

54.0

 
$
897.4

 
 
 
 
 
 
 
 
 
Accumulated Amortization
 

 
 

 

 

 

 
 

Balance as of December 31, 2017
$
(55.1
)
 
(61.3
)
(43.1
)
(6.4
)
—

 
$
(165.9
)
Amortization expense, net (2)
(42.8
)
 
(14.0
)
(12.8
)
(2.6
)
—

 
(72.2
)
Adjustment for fully amortized intangibles
25.5

 
36.2

1.7

1.0

—

 
64.4

Impact of exchange rate movements
—

 
0.3

2.4

1.2

—

 
3.9

Balance as of December 31, 2018
(72.4
)
 
(38.8
)
(51.8
)
(6.8
)
—

 
(169.8
)
Amortization expense, net (2)
(65.0
)
 
(30.7
)
(9.5
)
(1.9
)
(2.7
)
 
(109.8
)
Adjustment for fully amortized intangibles
33.4

 
0.6

28.1

2.0

—

 
64.1

Impairments
—

 
0.5

—

—

—

 
0.5

Impact of exchange rate movements
—

 
0.1

0.1

—

—

 
0.2

Balance as of December 31, 2019
$
(104.0
)
 
(68.3
)
(33.1
)
(6.7
)
(2.7
)
 
$
(214.8
)
 
 
 
 
 
 
 
 
 
Net book value as of December 31, 2019
$
376.4

 
217.4

22.8

14.7

51.3

 
$
682.6


(1) Included in this amount for MSRs was $16.6 million and $11.4 million for 2019 and 2018, respectively, relating to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights.
(2) Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.
Future Amortization Expense for Finite-Lived Intangible Assets
The remaining weighted average amortization period of MSRs and other finite-lived identifiable intangible assets is 4.4 years and 3.5 years, respectively, and the remaining estimated future amortization expense by year, as of December 31, 2019, is presented in the following table.
($ in millions)
MSRs
Other Intangibles
Total
2020
$
65.4

56.6

$
122.0

2021
61.2

48.6

109.8

2022
53.2

42.9

96.1

2023
46.1

40.5

86.6

2024
38.5

36.2

74.7

Thereafter
112.0

31.4

143.4

Total
$
376.4

256.2

$
632.6