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Goodwill
 12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill

NOTE 4 Goodwill

The changes in the carrying value of goodwill by reportable segment for the years ended December 31, are as follows:

 

(in thousands)

 

Retail

 

 

National
Programs

 

 

Wholesale
Brokerage

 

 

Services

 

 

Total

 

Balance as of January 1, 2020

 

$

2,351,291

 

 

$

925,541

 

 

$

298,101

 

 

$

171,161

 

 

$

3,746,094

 

Goodwill of acquired businesses

 

 

299,961

 

 

 

163,070

 

 

 

184,956

 

 

 

108

 

 

 

648,095

 

Goodwill disposed of relating to sales of businesses

 

 

(782

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(782

)

Foreign currency translation adjustments during the year

 

 

—

 

 

 

2,511

 

 

 

—

 

 

 

—

 

 

 

2,511

 

Balance as of December 31, 2020

 

$

2,650,470

 

 

$

1,091,122

 

 

$

483,057

 

 

$

171,269

 

 

$

4,395,918

 

Goodwill of acquired businesses

 

 

345,961

 

 

 

(1,337

)

 

 

5,349

 

 

 

—

 

 

 

349,973

 

Goodwill disposed of relating to sales of businesses

 

 

(3,050

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(3,050

)

Foreign currency translation adjustments during the year

 

 

(6,135

)

 

 

122

 

 

 

—

 

 

 

—

 

 

 

(6,013

)

Balance as of December 31, 2021

 

$

2,987,246

 

 

$

1,089,907

 

 

$

488,406

 

 

$

171,269

 

 

$

4,736,828