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Goodwill and Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2021
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:
| 2021 |  | 2020
Goodwill | $ | 1,235.3 |  |  | $ | 1,185.0 |
Franchise rights - indefinite-lived | $ | 727.5 |  |  | $ | 509.0 |
Other intangible assets | 24.0 |  |  | 19.6 |
| 751.5 |  |  | 528.6 |
Less: accumulated amortization | (8.0) |  |  | (7.1) |
Intangible assets, net | $ | 743.5 |  |  | $ | 521.5 |
Goodwill Goodwill allocated to our reporting units and changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020, were as follows:
| Domestic |  | Import |  | Premium Luxury |  | Collision Centers |  | Parts Centers |  | Corporate & Other |  | Consolidated
Balance as of January 1, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | $ | 367.3 |  |  | $ | 498.9 |  |  | $ | 714.9 |  |  | $ | 41.7 |  |  | $ | 19.1 |  |  | $ | 1,470.0 |  |  | $ | 3,111.9 |
Accumulated impairment losses | (140.0) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,470.0) |  |  | (1,610.0) |
| 227.3 |  |  | 498.9 |  |  | 714.9 |  |  | 41.7 |  |  | 19.1 |  |  | — |  |  | 1501.9 |
Acquisitions, dispositions, and other adjustments, net (1) | (0.1) |  |  | 1.7 |  |  | (0.3) |  |  | (0.1) |  |  | 0.2 |  |  | — |  |  | 1.4 |
Impairment | — |  |  | — |  |  | (257.4) |  |  | (41.6) |  |  | (19.3) |  |  | — |  |  | (318.3) |
Balance as of December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | 367.2 |  |  | 500.6 |  |  | 714.6 |  |  | 41.6 |  |  | 19.3 |  |  | 1,470.0 |  |  | 3,113.3 |
Accumulated impairment losses | (140.0) |  |  | — |  |  | (257.4) |  |  | (41.6) |  |  | (19.3) |  |  | (1,470.0) |  |  | (1,928.3) |
| 227.2 |  |  | 500.6 |  |  | 457.2 |  |  | — |  |  | — |  |  | — |  |  | 1,185.0 |
Acquisitions, dispositions, and other adjustments, net (1) | 1.5 |  |  | 17.3 |  |  | 26.9 |  |  | 4.6 |  |  | — |  |  | — |  |  | 50.3 |
Balance as of December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | 368.7 |  |  | 517.9 |  |  | 741.5 |  |  | 46.2 |  |  | 19.3 |  |  | 1,470.0 |  |  | 3,163.6 |
Accumulated impairment losses | (140.0) |  |  | — |  |  | (257.4) |  |  | (41.6) |  |  | (19.3) |  |  | (1,470.0) |  |  | (1,928.3) |
| $ | 228.7 |  |  | $ | 517.9 |  |  | $ | 484.1 |  |  | $ | 4.6 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,235.3 |
(1) 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. See Note 19 of the Notes to Consolidated Financial Statements for more information about our goodwill impairment test. Intangible Assets Our principal identifiable intangible assets are individual store rights under franchise agreements with vehicle manufacturers. As of December 31, 2021, we had $727.5 million of franchise rights recorded on our Consolidated Balance Sheet, of which $137.7 million was related to Domestic stores, $143.8 million was related to Import stores, and $446.0 million was related to Premium Luxury stores. See Note 19 of the Notes to Consolidated Financial Statements for more information about our franchise rights impairment tests.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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