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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS 
 
The goodwill balance was $1,768.6 million and $1,738.0 million as of December 31, 2019 and 2018, respectively. Additionally, the Company's intangible asset balance was $490.7 million and $552.4 million as of December 31, 2019 and 2018, respectively. The additions to both goodwill and intangible assets during the years ended December 31, 2019 and 2018 relate primarily to the 2019 and 2018 Acquisition (refer to Note 3 - Business Acquisitions).

The changes in the carrying amount of goodwill for the years ended December 31, 2019 and 2018 were as follows (amounts in millions):

Goodwill - December 31, 2017
$
644.5

Initial goodwill associated with 2018 business combinations
1,130.9

Adjustments to 2018 business combinations
(37.9
)
Adjustments to 2017 business combinations
22.2

Foreign currency translation adjustments
(21.7
)
Goodwill - December 31, 2018
1,738.0

Initial goodwill associated with 2019 business combinations
28.8

Adjustments to 2018 business combinations
47.8

Foreign currency translation adjustments
(46.0
)
Goodwill - December 31, 2019
$
1,768.6

 
The following tables summarize the Company’s intangible assets (amounts in millions):

 
 
 
December 31, 2019
 
December 31, 2018
 
Amortization
Period
 
Gross Asset Cost
 
Accumulated Amortization
 
Net Book Value
 
Gross Asset Cost
 
Accumulated Amortization
 
Net Book Value
Customer lists
3-20 years
 
$
781.1

 
$
313.7

 
$
467.4

 
$
757.7

 
$
233.7

 
$
524.0

Non-compete agreements
3-5 years
 
4.7

 
4.6

 
0.1

 
4.7

 
4.6

 
0.1

Intellectual property
10 years
 
38.3

 
15.4

 
22.9

 
38.6

 
11.3

 
27.3

Tradename
1-3 years
 
6.2

 
5.9

 
0.3

 
6.0

 
5.0

 
1.0

 
 
 
$
830.3

 
$
339.6

 
$
490.7

 
$
807.0

 
$
254.6

 
$
552.4


Amortization expense was $85.2 million, $86.4 million, and $69.0 million for the years ended December 31, 2019, 2018, and 2017, respectively.

Estimated amortization expense related to intangible assets subject to amortization at December 31, 2019 in each of the years subsequent to December 31, 2019 is as follows (amounts in millions):

 
Total
2020
$
89.1

2021
84.6

2022
70.1

2023
56.7

2024
50.6

2025 and beyond
139.6

Total
$
490.7