Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

A summary of changes in the Company’s goodwill by reportable business segment is as follows (in thousands):


	December 31, 2019		Acquisition Accounting Adjustments		Foreign Currency		March 31, 2020
Segment
North America	$	3,369,173	$	1,161	$	(20,377)	$	3,349,957
Brazil	756,975		—		(171,360)		585,615
International	706,899		—		(58,590)		648,309
	$	4,833,047	$	1,161	$	(250,327)	$	4,583,881

As of March 31, 2020 and December 31, 2019, other intangible assets consisted of the following (in thousands):


		March 31, 2020										December 31, 2019
	Weighted- Avg Useful Lives (Years)	Gross Carrying Amounts		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amounts		Accumulated Amortization		Net Carrying Amount
Customer and vendor relationships	17.2	$	2,611,705	$	(987,209)	$	1,624,496	$	2,698,327	$	(943,537)	$	1,754,790
Trade names and trademarks—indefinite lived	N/A	469,786		—		469,786		496,306		—		496,306
Trade names and trademarks—other	13.2	5,267		(2,947)		2,320		5,384		(2,877)		2,507
Software	5.9	234,292		(183,241)		51,051		242,783		(180,839)		61,944
Non-compete agreements	4.0	62,719		(40,630)		22,089		65,560		(39,225)		26,335
Total other intangibles		$	3,383,769	$	(1,214,027)	$	2,169,742	$	3,508,360	$	(1,166,478)	$	2,341,882

Changes in foreign exchange rates resulted in a $124.6 million decrease to the carrying values of other intangible assets in the three months ended March 31, 2020. Amortization expense related to intangible assets for the three months ended March 31, 2020 and 2019 was $47.6 million and $51.2 million, respectively.