Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in goodwill

The following table sets forth the change in the carrying amount of goodwill during the three months ended March 31, 2022 (in millions):

Balance as of December 31, 2021	$	1,777.4
Acquisitions		(1.2	)
Translation and other adjustments		0.5
Balance as of March 31, 2022	$	1,776.7

Summary of Intangible Assets

The following table summarizes intangible assets by category (in millions, except time periods):

	March 31,			December 31,			March 31,			Weighted- Average Remaining Life1
	2022			2021			2021			(Years)
Amortizable intangible assets:
Non-compete agreements	$	0.2		$	0.2		$	0.2			0.2
Customer relationships		1,092.4			1,092.3			1,086.0			15.3
Trademarks		1.0			1.0			—			1.6
Total amortizable intangible assets		1,093.6			1,093.5			1,086.2			15.3
Accumulated amortization		(703.8	)		(682.3	)		(631.0	)
Total amortizable intangible assets, net		389.8			411.2			455.2
Indefinite-lived trademarks		9.8			9.8			9.8
Total intangibles, net	$	399.6		$	421.0		$	465.0

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1.As of March 31, 2022.

Summary of Estimated Future Amortization

The following table summarizes the estimated future amortization expense for intangible assets (in millions):

Year Ending December 31,
2022 (Apr - Dec)	$	60.2
2023		66.9
2024		53.9
2025		43.7
2026		35.2
Thereafter		129.9
Total future amortization expense	$	389.8