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Intangible Assets
12 Months Ended
Dec. 31, 2017
Intangible Assets  
Intangible Assets

7. 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, 2017 and 2016, net of accumulated impairment losses recorded prior to December 31, 2012 of $606.3 million and $37.1 million, respectively:

 

 

 

 

 

 

 

 

 

    

 

 

    

Other Indefinite

 

 

 

 

 

Lived Intangible

 

 

Goodwill

 

Assets

Balance — December 31, 2015

 

$

1,323.1

 

$

408.0

Additions

 

 

24.9

 

 

26.2

Disposals

 

 

(1.7)

 

 

(0.3)

Foreign currency translation

 

 

(55.1)

 

 

(13.8)

Balance — December 31, 2016

 

$

1,291.2

 

$

420.1

Additions

 

 

324.8

 

 

40.8

Disposals

 

 

(4.5)

 

 

(1.7)

Foreign currency translation

 

 

49.0

 

 

14.8

Balance — December 31, 2017

 

$

1,660.5

 

$

474.0

 

 

Following is a summary of the changes in the carrying amount of goodwill by reportable segment during the years ended December 31, 2017 and 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

 

 

 

 

 

 

 

 

Retail

 

Commercial

 

 

 

 

 

 

 

    

Automotive

    

Truck

    

Other

    

Total

Balance — December 31, 2015

 

$

1,095.6

 

$

147.5

 

$

80.0

 

$

1,323.1

Additions

 

 

9.8

 

 

15.1

 

 

 —

 

 

24.9

Disposals

 

 

(0.2)

 

 

 —

 

 

(1.5)

 

 

(1.7)

Foreign currency translation

 

 

(55.0)

 

 

(0.6)

 

 

0.5

 

 

(55.1)

Balance — December 31, 2016

 

$

1,050.2

 

$

162.0

 

$

79.0

 

$

1,291.2

Additions

 

 

324.8

 

 

 —

 

 

 —

 

 

324.8

Disposals

 

 

(4.5)

 

 

 —

 

 

 —

 

 

(4.5)

Foreign currency translation

 

 

41.6

 

 

1.0

 

 

6.4

 

 

49.0

Balance — December 31, 2017

 

$

1,412.1

 

$

163.0

 

$

85.4

 

$

1,660.5

There is no goodwill recorded in our Non-Automotive Investments reportable segment.

We test for impairment of our intangible assets at least annually. We did not record any impairment charges relating to our intangible assets in 2017,  2016, or 2015.