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Goodwill and Other Intangibles

9 Months Ended

Sep. 30, 2021

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, 2020		Acquisitions		Acquisition Accounting Adjustments		Foreign Currency		September 30, 2021
Segment
North America	$	3,400,772	$	442,946	$	(9,360)	$	(9,453)	$	3,824,905
Brazil	585,861		—		—		(25,308)		560,553
International	732,548		—		(1,294)		(14,449)		716,805
	$	4,719,181	$	442,946	$	(10,654)	$	(49,210)	$	5,102,263

As of September 30, 2021 and December 31, 2020, other intangibles consisted of the following (in thousands):


		September 30, 2021						December 31, 2020
	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	15.9	$	2,959,128	$	(1,127,206)	$	1,831,922	$	2,671,104	$	(1,105,702)	$	1,565,402
Trade names and trademarks—indefinite lived	N/A	450,203		—		450,203		475,376		—		475,376
Trade names and trademarks—other	6.3	12,084		(4,424)		7,660		7,041		(3,431)		3,610
Software	5.6	258,917		(193,658)		65,259		248,686		(194,187)		54,499
Non-compete agreements	3.9	60,360		(45,947)		14,413		65,804		(48,809)		16,995
Total other intangibles		$	3,740,692	$	(1,371,235)	$	2,369,457	$	3,468,011	$	(1,352,129)	$	2,115,882

Changes in foreign exchange rates resulted in a $25.7 million decrease to the net carrying values of other intangibles in the nine months ended September 30, 2021. Amortization expense related to intangible assets for the nine months ended September 30, 2021 and 2020 was $151.2 million and $138.8 million, respectively.