Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following summarizes the Company's goodwill (in millions):

	September 30, 2021		December 31, 2020
Balance at the beginning of the period:
Goodwill	$	775.4	$	768.5
Accumulated impairment losses	(674.9)		(674.9)
	100.5		93.6
Additions	50.1		6.9
Balance at the end of the period:
Goodwill	825.5		775.4
Accumulated impairment losses	(674.9)		(674.9)
	$	150.6	$	100.5

Intangible Assets, Net (Finite Lived)

Intangible assets, net, consisted of the following major classes (in millions):

	September 30, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements(a)	$	72.7	$	(12.4)	$	60.3
Internally developed software(b)	47.2		(28.9)		18.3
Total	119.9		(41.3)		78.6
Indefinite-lived intangible assets:
Trade name	270.6		—		270.6
Total intangible assets, net	$	390.5	$	(41.3)	$	349.2

(a) Includes intangible assets with a preliminary value of approximately $8.0 million. The amount is subject to change as the valuation has not been finalized due to the proximity of the acquisition to the balance sheet date of September 30, 2021.

(b) Includes capitalized costs of $5.6 million yet to be placed into service.

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements	$	18.7	$	(10.0)	$	8.7
Internally developed software(a)	39.9		(23.3)		16.6
Total	58.6		(33.3)		25.3
Indefinite-lived intangible assets:
Trade name	270.6		—		270.6
Total intangible assets, net	$	329.2	$	(33.3)	$	295.9

(a) Includes capitalized costs of $1.2 million yet to be placed into service.

Intangible Assets, Net (Indefinite-Lived)

Intangible assets, net, consisted of the following major classes (in millions):

	September 30, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements(a)	$	72.7	$	(12.4)	$	60.3
Internally developed software(b)	47.2		(28.9)		18.3
Total	119.9		(41.3)		78.6
Indefinite-lived intangible assets:
Trade name	270.6		—		270.6
Total intangible assets, net	$	390.5	$	(41.3)	$	349.2

(a) Includes intangible assets with a preliminary value of approximately $8.0 million. The amount is subject to change as the valuation has not been finalized due to the proximity of the acquisition to the balance sheet date of September 30, 2021.

(b) Includes capitalized costs of $5.6 million yet to be placed into service.

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements	$	18.7	$	(10.0)	$	8.7
Internally developed software(a)	39.9		(23.3)		16.6
Total	58.6		(33.3)		25.3
Indefinite-lived intangible assets:
Trade name	270.6		—		270.6
Total intangible assets, net	$	329.2	$	(33.3)	$	295.9

(a) Includes capitalized costs of $1.2 million yet to be placed into service.