XML 64 R46.htm IDEA: XBRL DOCUMENT v3.24.0.1
INTANGIBLE FRANCHISE RIGHTS AND GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of indefinite-lived intangible assets
The following table presents the Company’s intangible franchise rights balances by segment as of December 31, 2023 and 2022 (in millions):
Intangible Franchise Rights
U.S.U.K.Total
Balance, December 31, 2022$498.0 $18.3 $516.3 
Balance, December 31, 2023$682.0 $19.2 $701.2 
Goodwill rollforward
The following is a roll-forward of the Company’s goodwill accounts by reporting unit (in millions):
Goodwill
U.S.U.K.Total
Balance, December 31, 2021 (1)
$1,307.3 $112.9 $1,420.2 
Additions through acquisitions236.1 10.2 246.3 
Purchase price allocation adjustments35.0 — 35.0 
Disposals(37.3)— (37.3)
Reclassified from (to) assets held for sale, net8.8 — 8.8 
Currency translation— (11.2)(11.2)
Balance, December 31, 2022 (1)
$1,549.9 $111.9 $1,661.8 
Additions through acquisitions49.7 — 49.7 
Purchase price allocation adjustments9.1 1.9 11.0 
Disposals(52.9)— (52.9)
Reclassified from (to) assets held for sale, net(23.6)— (23.6)
Currency translation— 6.0 6.0 
Balance, December 31, 2023(1)
$1,532.1 $119.8 $1,651.9 
(1) Net of accumulated impairments of $40.6 million in the U.S. reporting unit.