XML 64 R19.htm IDEA: XBRL DOCUMENT v3.22.0.1
Intangible Assets
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Following is a summary of the changes in the carrying amount of goodwill and other indefinite-lived intangible assets during the years ended December 31, 2021, and 2020 net of accumulated impairment losses recorded prior to December 31, 2012, of $606.3 million and $37.1 million, respectively:
GoodwillOther Indefinite-Lived Intangible
Assets
Balance — December 31, 2019
$1,911.0 $552.2 
Additions— 2.5 
Disposals(8.8)— 
Impairment— (1.2)
Foreign currency translation26.2 9.9 
Balance — December 31, 2020
$1,928.4 $563.4 
Additions209.6 84.8 
Disposals(0.6)— 
Impairment— — 
Foreign currency translation(13.3)(6.7)
Balance — December 31, 2021
$2,124.1 $641.5 
Following is a summary of the changes in the carrying amount of goodwill by reportable segment during the years ended December 31, 2021, and 2020:
Retail
Automotive
Retail
Commercial
Truck
OtherTotal
Balance — December 31, 2019
$1,524.8 $309.0 $77.2 $1,911.0 
Additions— — — — 
Disposals(8.8)— — (8.8)
Foreign currency translation18.8 0.4 7.0 26.2 
Balance — December 31, 2020
$1,534.8 $309.4 $84.2 $1,928.4 
Additions96.8 112.8 — 209.6 
Disposals(0.6)— — (0.6)
Foreign currency translation(8.8)0.1 (4.6)(13.3)
Balance — December 31, 2021
$1,622.2 $422.3 $79.6 $2,124.1 
There is no goodwill recorded in our Non-Automotive Investments reportable segment.
We test for impairment of our intangible assets at least annually. We had no impairment charges relating to our intangible assets with respect to the sale or closure of certain franchised dealerships during 2021 compared to $1.2 million during 2020.