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Goodwill and Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill And Intangible Assets, Net | GOODWILL AND INTANGIBLE ASSETS, NET Goodwill and intangible assets, net, at December 31 consisted of the following:
| 2017 |  | 2016
Goodwill | $ | 1,515.0 |  |  | $ | 1,511.3 |
Franchise rights - indefinite-lived | $ | 572.2 |  |  | $ | 589.4 |
Other intangible assets | 23.3 |  |  | 16.3 |
| 595.5 |  |  | 605.7 |
Less: accumulated amortization | (8.7 | ) |  | (7.5 | )
Intangible assets, net | $ | 586.8 |  |  | $ | 598.2 |
Goodwill Goodwill allocated to our reporting units and changes in the carrying amount of goodwill for the years ended December 31, 2017 and 2016 were as follows:
| Domestic |  | Import |  | Premium Luxury |  | Other |  | Consolidated
Goodwill at January 1, 2016 (1) | $ | 203.1 |  |  | $ | 570.9 |  |  | $ | 620.5 |  |  | $ | — |  |  | $ | 1,394.5 |
Acquisitions, dispositions, and other adjustments, net | 49.0 |  |  | (12.7 | ) |  | 76.9 |  |  | 3.6 |  |  | 116.8 |
Goodwill at December 31, 2016 (1) | 252.1 |  |  | 558.2 |  |  | 697.4 |  |  | 3.6 |  |  | 1,511.3 |
Acquisitions, dispositions, and other adjustments, net (2) | (20.4 | ) |  | (25.8 | ) |  | 14.7 |  |  | 35.2 |  |  | 3.7 |
Goodwill at December 31, 2017 (1) | $ | 231.7 |  |  | $ | 532.4 |  |  | $ | 712.1 |  |  | $ | 38.8 |  |  | $ | 1,515.0 |
(1) | Net of accumulated impairment losses of $1.47 billion associated with our single reporting unit (prior to September 30, 2008, our reporting unit structure was comprised of a single reporting unit) and $140.0 million associated with our Domestic reporting unit, both of which were recorded during the year ended December 31, 2008.
(2) | Includes amounts reclassified to held for sale, which are presented in Other Current Assets in our Consolidated Balance Sheet as of December 31, 2017.
Intangible Assets Our principal identifiable intangible assets are individual store rights under franchise agreements with vehicle manufacturers. As of December 31, 2017, we had $572.2 million of franchise rights recorded on our Consolidated Balance Sheet, of which $168.0 million was related to Domestic stores, $108.9 million was related to Import stores, and $295.3 million was related to Premium Luxury stores. Certain franchise rights were reclassified to held for sale and are presented in Other Current Assets in our Consolidated Balance Sheet as of December 31, 2017. See Note 16 of the Notes to Consolidated Financial Statements for more information about our annual impairment tests of goodwill and franchise rights.

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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