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Goodwill
12 Months Ended
Dec. 31, 2018
Goodwill Disclosure  
Goodwill

 

Note 6. Goodwill

 

The changes in the carrying amount of goodwill are as follows:

 

 

 

 

 

(in millions)

 

 

 

Balance at January 1, 2016

$

1,724.8

Acquisitions

 

103.4

Disposal of businesses

 

(1.0)

Effect of foreign currency translation

 

0.2

Balance at December 31, 2016

 

1,827.4

Acquisitions

 

10.3

Effect of foreign currency translation

 

4.9

Balance at December 31, 2017

 

1,842.6

Acquisitions

 

33.8

Effect of foreign currency translation

 

(5.6)

Balance at December 31, 2018

$

1,870.8

 

Tax deductible goodwill from our 2018 and 2016 acquisitions is $21.3 million and $104.7 million, respectively.

 

We had no accumulated impairment losses related to goodwill at December 31, 2018.