Goodwill and Other Intangibles

9 Months Ended

Sep. 30, 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		Acquisitions		Acquisition Accounting Adjustments		Foreign Currency		September 30, 2020
Segment
North America	$	3,369,173	$	23,593	$	2,052	$	(4,886)	$	3,389,932
Brazil	756,975		—		—		(216,402)		540,573
International	706,899		—				(23,807)		683,092
	$	4,833,047	$	23,593	$	2,052	$	(245,095)	$	4,613,597

As of September 30, 2020 and December 31, 2019, other intangibles consisted of the following (in thousands):


		September 30, 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	$	2,633,710	$	(1,065,679)	$	1,568,031	$	2,698,327	$	(943,537)	$	1,754,790
Trade names and trademarks—indefinite lived	N/A	467,130		—		467,130		496,306		—		496,306
Trade names and trademarks—other	11.4	7,015		(3,244)		3,771		5,384		(2,877)		2,507
Software	6.2	246,478		(190,280)		56,198		242,783		(180,839)		61,944
Non-compete agreements	4.0	66,118		(46,059)		20,059		65,560		(39,225)		26,335
Total other intangibles		$	3,420,451	$	(1,305,262)	$	2,115,189	$	3,508,360	$	(1,166,478)	$	2,341,882

Changes in foreign exchange rates resulted in a $127.3 million decrease to the carrying values of other intangibles in the nine months ended September 30, 2020. Amortization expense related to intangible assets for the nine months ended September 30, 2020 and 2019 was $138.8 million and $155.9 million, respectively.