Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Value of Goodwill by Reportable Segment

Changes in the carrying value of goodwill by reportable segment and Corporate were as follows:


	Americas(1)			Southern Europe(2)			Northern Europe			APME			Corporate(3)		Total(4)
Balance, January 1, 2020	$	535.6		$	144.8		$	374.6		$	79.1		$	126.0	$	1,260.1
Impairment charge(5)		—			—			(66.8	)		—			—		(66.8	)
Currency impact and other		1.0			10.1			18.8			2.6			—		32.5
Balance, December 31, 2020		536.6			154.9			326.6			81.7			126.0		1,225.8
Acquisitions		522.7			—			—			—			—		522.7
Currency impact and other		(0.4	)		(8.2	)		(12.9	)		(4.8	)		—		(26.3	)
Balance, December 31, 2021	$	1,058.9		$	146.7		$	313.7		$	76.9		$	126.0	$	1,722.2

(1)

Balances related to United States were $490.3, $490.2 and $1,013.0 as of January 1, 2020, December 31, 2020 and December 31, 2021, respectively. The increase in 2021 is related to the ettain acquisition.

(2)

Balances related to France were $67.3, $73.3 and $68.2 as of January 1, 2020, December 31, 2020 and December 31, 2021, respectively. Balances related to Italy were $4.6, $4.2 and $3.9 as of January 1, 2020, December 31, 2020 and December 31, 2021, respectively.

(3)

The majority of the Corporate balance as of December 31, 2020 and 2021 relates to goodwill attributable to our acquisitions of Right Management ($62.1) and Jefferson Wells ($55.5). Jefferson Wells is part of the United States reporting unit. Right Management is allocated to the reporting units of the countries in which Right Management operates. For purposes of monitoring our total assets by segment, we do not allocate the Corporate balance to the respective reportable segments as this is commensurate with how we operate our business. We do, however, include these balances within the appropriate reporting units for our goodwill impairment testing. See table below for the breakout of goodwill balances by reporting unit.

(4)

Balances were net of accumulated impairment loss of $577.4 ($60.2 related to Northern Europe, $3.8 related to APME, $235.2 related to Right Management and $278.2 related to Corporate) as of January 1, 2020, $644.2 ($127.0 related to Northern Europe, $3.8 related to APME, $235.2 related to Right Management and $278.2 related to Corporate) as of both December 31, 2020 and December 31, 2021.

(5)

The 2020 impairment charge of $66.8 relates to our Germany reporting unit, which was recorded during the second quarter of 2020. See Note 1 to the Consolidated Financial Statements for further information.

Schedule of Goodwill Balances by Reporting Unit

Goodwill balances by reporting unit were as follows:


December 31		2021	2020
United States	$	1,091.7	$	545.7
Netherlands		112.2		119.3
United Kingdom		110.7		100.2
France		74.3		73.3
Sweden		41.4		43.6
Other reporting units(1)		291.9		343.7
Total goodwill	$	1,722.2	$	1,225.8

(1) As of July 1, 2021, balances pertaining to Right Management were allocated to corresponding reporting units.