Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Franchise Assets and Goodwill

The changes in the carrying amount of franchise assets and goodwill for 2022 and 2021 were as follows:

	Franchise Assets		Net Goodwill
	(In millions)
Balance at December 31, 2020	$	64.3	$	214.0	(1)
Additions through current year acquisitions	415.9		204.0		(2)
Reductions from dispositions	—		(0.2)
Prior year acquisition allocations	—		(1.4)
Balance at December 31, 2021	$	480.2	$	416.4	(1)
Additions through current year acquisitions	33.1		14.3
Reductions from dispositions	(0.2)		—
Reductions from impairment	(116.4)		(202.9)
Prior year acquisition allocations	—		3.2
Balance at December 31, 2022	$	396.7	$	231.0	(3)

(1)Net of accumulated impairment losses of $1.1 billion.

(2)Goodwill includes goodwill in connection with the RFJ Acquisition of approximately $123.4 million and $52.7 million allocated to the EchoPark Segment and the Franchised Dealership Segment, respectively.

(3)Net of accumulated impairment losses of $1.3 billion.