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Intangible Assets
12 Months Ended
Dec. 31, 2018
Intangible Assets  
Intangible Assets

8.  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, 2018 and 2017, 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, 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

Additions

 

 

144.1

 

 

29.8

Disposals

 

 

(13.8)

 

 

(0.5)

Impairment

 

 

 —

 

 

(5.8)

Foreign currency translation

 

 

(38.8)

 

 

(11.3)

Balance — December 31, 2018

 

$

1,752.0

 

$

486.2

 

 

Following is a summary of the changes in the carrying amount of goodwill by reportable segment during the years ended December 31, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

 

 

 

 

 

 

 

 

Retail

 

Commercial

 

 

 

 

 

 

 

    

Automotive

    

Truck

    

Other

    

Total

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

Additions

 

 

143.2

 

 

0.9

 

 

 —

 

 

144.1

Disposals

 

 

(13.8)

 

 

 —

 

 

 —

 

 

(13.8)

Foreign currency translation

 

 

(29.6)

 

 

(1.3)

 

 

(7.9)

 

 

(38.8)

Balance — December 31, 2018

 

$

1,511.9

 

$

162.6

 

$

77.5

 

$

1,752.0

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

We test for impairment of our intangible assets at least annually. During 2018, we recorded $5.8 million of impairment charges relating to our intangible assets with respect to certain franchised dealerships. We did not record any impairment charges relating to our intangible assets in 2017 or 2016.