Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets

We have goodwill, finite-lived intangible assets and indefinite-lived intangible assets as follows:

	June 30, 2023						December 31, 2022
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Goodwill(a)	$	1,635.2	$	—	$	1,635.2	$	1,628.1	$	—	$	1,628.1
Intangible assets:
Finite-lived:
Customer relationships	$	822.1	$	467.4	$	354.7	$	818.9	$	448.1	$	370.8
Other		21.4		20.9		0.5		21.3		20.2		1.1
		843.5		488.3		355.2		840.2		468.3		371.9
Indefinite-lived:
Tradenames(b)		52.0		—		52.0		52.0		—		52.0
Reacquired franchise rights		126.6		—		126.6		125.6		—		125.6
		178.6		—		178.6		177.6		—		177.6
Total intangible assets	$	1,022.1	$	488.3	$	533.8	$	1,017.8	$	468.3	$	549.5

(a)Balances were net of accumulated impairment loss of $694.2 as of both June 30, 2023 and December 31, 2022.

(b)Balances were net of accumulated impairment loss of $139.5 as of both June 30, 2023 and December 31, 2022.

Changes in Carrying Value of Goodwill by Reportable Segment

Changes in the carrying value of goodwill by reportable segment and Corporate were as follows:

	Americas(a)		Southern Europe(b)		Northern Europe		APME			Corporate(c)		Total
Balance, December 31, 2022	$	1,049.6	$	148.2	$	234.8	$	69.5		$	126.0	$	1,628.1
Currency impact		1.2		2.7		5.5		(2.3	)		—		7.1
Balance, June 30, 2023	$	1,050.8	$	150.9	$	240.3	$	67.2		$	126.0	$	1,635.2

(a)Balances related to the United States were $1,006.5 as of both December 31, 2022 and June 30, 2023.

(b)Balances related to France were $73.3 and $74.8 as of December 31, 2022 and June 30, 2023, respectively. Balances related to Italy were $3.7 as of both December 31, 2022 and June 30, 2023.

Schedule of Goodwill Balances by Reporting Unit

Goodwill balances by reporting unit were as follows:

	June 30,		December 31,
	2023		2022
United States	$	1,085.3	$	1,085.3
United Kingdom		104.7		100.2
France		80.9		79.5
Netherlands		56.2		55.1
Canada		42.5		41.6
Other reporting units		265.6		266.4
Total goodwill	$	1,635.2	$	1,628.1