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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill (net of accumulated amortization) for the years ended December 31, 2020 and 2019 are as follows:
DxDDTotal
December 31, 2020December 31, 2019December 31, 2020December 31, 2019December 31, 2020December 31, 2019
Balance as of January 1$3,721.5 $3,638.8 $4,143.5 $3,721.5 $7,865.0 $7,360.3 
Goodwill acquired during the year75.8 80.2 90.4 414.3 166.2 494.5 
Dispositions— — — (12.6)— (12.6)
Impairment(3.7)— (418.7)— (422.4)— 
Foreign currency impact and other adjustments to goodwill6.6 2.5 136.1 20.3 142.7 22.8 
Balance at end of year$3,800.2 $3,721.5 $3,951.3 $4,143.5 $7,751.5 $7,865.0 
Components of identifiable intangible assets
The components of identifiable intangible assets are as follows:
 December 31, 2020December 31, 2019
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships$4,643.3 $(1,534.9)$3,108.4 $4,441.7 $(1,329.5)$3,112.2 
Patents, licenses and technology434.7 (252.6)182.1 453.6 (235.7)217.9 
Non-compete agreements109.6 (70.7)38.9 90.9 (60.5)30.4 
Trade names401.8 (263.9)137.9 408.2 (219.9)188.3 
Land use rights10.9 (6.9)4.0 10.9 (5.5)5.4 
Canadian licenses489.8 — 489.8 480.3 — 480.3 
 $6,090.1 $(2,129.0)$3,961.1 $5,885.6 $(1,851.1)$4,034.5 
Acquired amortizable intangible assets and their respective weighted average amortization periods
A summary of amortizable intangible assets acquired during 2020, and their respective weighted average amortization periods are as follows:
AmountWeighted Average
Amortization Period
Customer relationships$102.4 14.1
Trade name0.2 2.4
Non-compete agreements18.7 5.0
$121.3 12.7