XML 39 R30.htm IDEA: XBRL DOCUMENT v3.22.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following summarizes the Company's goodwill (in millions):
June 30, 2022December 31, 2021
Balance at the beginning of the period:
Goodwill$906.5 $775.4 
Accumulated impairment losses(675.0)(674.9)
231.5 100.5 
Additions94.6 131.1 
Currency translation(0.6)(0.1)
Balance at the end of the period:
Goodwill998.9 906.5 
Accumulated impairment losses(673.4)(675.0)
$325.5 $231.5 
Intangible Assets, Net (Finite Lived)
Intangible assets, net, consisted of the following major classes (in millions):
 June 30, 2022
 Gross Carrying AmountAccumulated AmortizationNet Carrying Value
Finite-lived intangible assets:  
Customer-related and non-compete agreements$150.2 $(24.4)$125.8 
Internally developed software(a)
53.9 (34.1)19.8 
Total204.1 (58.5)145.6 
Indefinite-lived intangible assets: 
Trade name270.3 — 270.3 
Total intangible assets, net$474.4 $(58.5)$415.9 
(a) Includes capitalized costs of $10.1 million yet to be placed into service.
 December 31, 2021
 Gross Carrying
Amount		Accumulated
Amortization		Net Carrying Value
Finite-lived intangible assets:  
Customer-related and non-compete agreements$113.7 $(15.0)$98.7 
Internally developed software(a)
49.6 (30.5)19.1 
Total163.3 (45.5)117.8 
Indefinite-lived intangible assets: 
Trade name270.9 — 270.9 
Total intangible assets, net$434.2 $(45.5)$388.7 
(a) Includes capitalized costs of $7.4 million yet to be placed into service.
Intangible Assets, Net (Indefinite-Lived)
Intangible assets, net, consisted of the following major classes (in millions):
 June 30, 2022
 Gross Carrying AmountAccumulated AmortizationNet Carrying Value
Finite-lived intangible assets:  
Customer-related and non-compete agreements$150.2 $(24.4)$125.8 
Internally developed software(a)
53.9 (34.1)19.8 
Total204.1 (58.5)145.6 
Indefinite-lived intangible assets: 
Trade name270.3 — 270.3 
Total intangible assets, net$474.4 $(58.5)$415.9 
(a) Includes capitalized costs of $10.1 million yet to be placed into service.
 December 31, 2021
 Gross Carrying
Amount		Accumulated
Amortization		Net Carrying Value
Finite-lived intangible assets:  
Customer-related and non-compete agreements$113.7 $(15.0)$98.7 
Internally developed software(a)
49.6 (30.5)19.1 
Total163.3 (45.5)117.8 
Indefinite-lived intangible assets: 
Trade name270.9 — 270.9 
Total intangible assets, net$434.2 $(45.5)$388.7 
(a) Includes capitalized costs of $7.4 million yet to be placed into service.