XML 52 R39.htm IDEA: XBRL DOCUMENT
v3.22.4

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill Rollforward | The following summarizes the Company's goodwill (in millions):
| Years Ended December 31,
| 2022 |  | 2021
Balance at the beginning of the period: |  |  |
Goodwill | $ | 906.5 |  |  | $ | 775.4 |
Accumulated impairment losses | (675.0) |  |  | (674.9) |
| 231.5 |  |  | 100.5 |
Additions | 189.5 |  |  | 131.1 |
Currency translation | (2.3) |  |  | (0.1) |
Balance at the end of the period: |  |  |
Goodwill | 1,087.6 |  |  | 906.5 |
Accumulated impairment losses | (668.9) |  |  | (675.0) |
| $ | 418.7 |  |  | $ | 231.5 |
Schedule of Intangible Assets, Net (Finite Lived) | Intangible assets, net, consisted of the following major classes (in millions):
| December 31, 2022
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |
Customer-related and non-compete agreements | $ | 180.7 |  |  | $ | (38.3) |  |  | $ | 142.4 |
Internally developed software(a) | 57.3 |  |  | (38.6) |  |  | 18.7 |
Total | 238.0 |  |  | (76.9) |  |  | 161.1 |
Indefinite-lived intangible assets: |  |  |  |  |
Trade name | 270.3 |  |  | — |  |  | 270.3 |
Total intangible assets, net | $ | 508.3 |  |  | $ | (76.9) |  |  | $ | 431.4 |
(a) Includes capitalized costs of $2.5 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 |
Total | 163.3 |  |  | (45.5) |  |  | 117.8 |
Indefinite-lived intangible assets: |  |  |  |  |
Trade name | 270.9 |  |  | — |  |  | 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.
Schedule of Intangible Assets, Net (Indefinite-Lived) | Intangible assets, net, consisted of the following major classes (in millions):
| December 31, 2022
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |
Customer-related and non-compete agreements | $ | 180.7 |  |  | $ | (38.3) |  |  | $ | 142.4 |
Internally developed software(a) | 57.3 |  |  | (38.6) |  |  | 18.7 |
Total | 238.0 |  |  | (76.9) |  |  | 161.1 |
Indefinite-lived intangible assets: |  |  |  |  |
Trade name | 270.3 |  |  | — |  |  | 270.3 |
Total intangible assets, net | $ | 508.3 |  |  | $ | (76.9) |  |  | $ | 431.4 |
(a) Includes capitalized costs of $2.5 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 |
Total | 163.3 |  |  | (45.5) |  |  | 117.8 |
Indefinite-lived intangible assets: |  |  |  |  |
Trade name | 270.9 |  |  | — |  |  | 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.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 55 -Paragraph 24 -URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration