XML 108 R15.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill and Identifiable Intangible Assets
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Identifiable Intangible Assets Goodwill and Identifiable Intangible Assets
In 2019, we used a combination of qualitative and quantitative factors to review goodwill and identifiable intangible assets for impairment for all of our reporting units. As a result of performing these assessments, we determined that no impairment existed as of December 31, 2019 and, therefore, there were no write-downs to any of our goodwill or identifiable intangible assets not subject to amortization.
Goodwill 
The following table provides information regarding changes in goodwill (in millions):
 
Aviation
Segment
 
Land
Segment (1)
 
 
Total
As of December 31, 2017
$
326.9

 
$
518.5

 
 
$
845.5

2018 acquisitions
—

 
13.4

 
 
13.4

Adjustment of purchase price allocations
(2.2
)
 
4.5

 
 
2.3

Foreign currency translation of non-USD functional currency subsidiary goodwill
(1.8
)
 
(6.7
)
 
 
(8.4
)
As of December 31, 2018
322.9

 
529.7

 
 
852.7

Adjustment for sale of business
—

 
(13.3
)
 
 
(13.3
)
Foreign currency translation of non-USD functional currency subsidiary goodwill
0.7

 
3.6

 
 
4.3

As of December 31, 2019
$
323.6

 
$
520.1

 
 
$
843.7


(1) At December 31, 2019, $455.5 million of the land segment's goodwill amount relates to the land reporting unit.

Identifiable Intangible Assets
The following table provides information about our identifiable intangible assets (in millions):
 
As of December 31, 2019
 
As of December 31, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization (1)
 
Net
 
Gross
Carrying
Amount
 
Accumulated
Amortization (1)
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
382.0

 
$
226.5

 
$
155.5

 
$
373.8

 
$
198.7

 
$
175.1

Supplier agreements
39.0

 
19.8

 
19.2

 
39.0

 
17.6

 
21.4

Others
40.1

 
33.5

 
6.6

 
40.0

 
30.5

 
9.5

 
461.1

 
279.8

 
181.3

 
452.8

 
246.8

 
206.0

Intangible assets not subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Trademark/trade name rights
40.4

 


 
40.4

 
39.4

 


 
39.4

 
$
501.5

 
$
279.8

 
$
221.7

 
$
492.2

 
$
246.8

 
$
245.4


(1) Includes the impact of foreign exchange
Intangible amortization expense for 2019, 2018 and 2017 was $32.9 million, $35.9 million and $41.9 million, respectively. 
The future estimated amortization of our identifiable intangible assets is as follows (in millions):
Year Ended December 31,
2020
$
31.5

2021
29.1

2022
27.6

2023
19.4

2024
18.0

Thereafter
55.7

 
$
181.3