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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill
The following table summarizes the changes in the carrying amount of goodwill for the six months ended June 30, 2020 (in millions):
AmericasEMEAAPACTotal
Balance as of December 31, 2019$1,417.1  $282.2  $269.8  $1,969.1  
Acquisitions83.4  26.5  —  109.9  
Disposals—  —  (25.2) (25.2) 
Measurement period adjustments(0.8) (0.3) —  (1.1) 
Effect of movements in exchange rates and other(2.7) (10.6) (4.3) (17.6) 
Balance as of June 30, 2020$1,497.0  $297.8  $240.3  $2,035.1  
Summary of Finite-Lived Intangible Assets
The following tables summarize the carrying amounts and accumulated amortization of intangible assets (in millions):
As of June 30, 2020
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0  $—  $546.0  
Customer relationships
1 - 15
1,342.9  (874.4) 468.5  
Other intangible assets
2 - 13
16.9  (7.6) 9.3  
Total intangible assets$1,905.8  $(882.0) $1,023.8  
As of December 31, 2019
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0  $—  $546.0  
Customer relationships
1 - 15
1,333.1  (827.5) 505.6  
Other intangible assets
2 - 13
17.2  (6.2) 11.0  
Total intangible assets$1,896.3  $(833.7) $1,062.6  
Summary of Indefinite-Lived Intangible Assets
The following tables summarize the carrying amounts and accumulated amortization of intangible assets (in millions):
As of June 30, 2020
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0  $—  $546.0  
Customer relationships
1 - 15
1,342.9  (874.4) 468.5  
Other intangible assets
2 - 13
16.9  (7.6) 9.3  
Total intangible assets$1,905.8  $(882.0) $1,023.8  
As of December 31, 2019
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0  $—  $546.0  
Customer relationships
1 - 15
1,333.1  (827.5) 505.6  
Other intangible assets
2 - 13
17.2  (6.2) 11.0  
Total intangible assets$1,896.3  $(833.7) $1,062.6