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Goodwill And Intangible Assets, Net
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets, Net GOODWILL AND INTANGIBLE ASSETS, NET
Goodwill and intangible assets, net, consist of the following:
June 30,
2021
December 31,
2020
Goodwill$1,187.0 $1,185.0 
Franchise rights - indefinite-lived$509.0 $509.0 
Other intangibles19.4 19.6 
528.4 528.6 
Less: accumulated amortization(7.4)(7.1)
Other intangible assets, net$521.0 $521.5 
Goodwill and Other Intangible Assets
Goodwill for our reporting units and our franchise rights assets are tested for impairment annually as of April 30 or more frequently when events or changes in circumstances indicate that impairment may exist.
Under accounting standards, we chose to make a qualitative evaluation about the likelihood of goodwill impairment for our annual impairment testing as of April 30, 2021, and we determined that it was not more likely than not that the fair values of our reporting units were less than their carrying amounts. We elected to perform quantitative franchise rights impairment tests as of April 30, 2021, and no impairment charges resulted from these quantitative tests.