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Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

Goodwill and intangible assets, net, at December 31 consisted of the following:

			2020						2019
Goodwill			$	1,185.0					$	1,501.9
Franchise rights - indefinite-lived			$	509.0					$	566.5
Other intangible assets			19.6						23.4
			528.6						589.9
Less: accumulated amortization			(7.1)						(8.3)
Intangible assets, net			$	521.5					$	581.6

Goodwill Allocated to Reporting Units and Changes in Carrying Amounts

Goodwill allocated to our reporting units and changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019, were as follows:

			Domestic						Import						Premium Luxury						Collision Centers						Parts Centers						Consolidated
Goodwill at January 1, 2019 (1)			$	232.5					$	520.9					$	717.7					$	42.1					$	—					$	1,513.2
Acquisitions, dispositions, and other adjustments, net (2)			(5.2)						(22.0)						(2.8)						(0.4)						19.1						(11.3)
Goodwill at December 31, 2019 (1)			227.3						498.9						714.9						41.7						19.1						1,501.9
Acquisitions, dispositions, and other adjustments, net (2)			(0.1)						1.7						(0.3)						(0.1)						0.2						1.4
Impairment			—						—						(257.4)						(41.6)						(19.3)						(318.3)
Goodwill at December 31, 2020 (1)(3)			$	227.2					$	500.6					$	457.2					$	—					$	—					$	1,185.0

(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 and related adjustments, which are presented in Other Current Assets in our Consolidated Balance Sheet as of period end.

(3)    Net of accumulated impairment losses of $257.4 million associated with our Premium Luxury reporting unit, $41.6 million associated with our Collision Centers reporting unit, and $19.3 million associated with our Parts Centers reporting unit, each of which were recorded during the three months ended March 31, 2020.

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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