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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Value of Goodwill by Segment

The changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019 were as follows:

 

 

Business Services

 

 

Marketing Solutions

 

 

Total

 

Net book value as of January 1, 2019

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

2,456.6

 

 

 

519.6

 

 

 

2,976.2

 

Accumulated impairment losses

 

(2,316.2

)

 

 

(254.1

)

 

 

(2,570.3

)

Total

$

140.4

 

 

$

265.5

 

 

$

405.9

 

Foreign exchange and other adjustments

 

(1.3

)

 

 

 

 

 

(1.3

)

Net book value as of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

2,059.1

 

 

 

519.5

 

 

 

2,578.6

 

Accumulated impairment losses

 

(1,920.0

)

 

 

(254.1

)

 

 

(2,174.1

)

Total

$

139.1

 

 

$

265.4

 

 

$

404.5

 

Foreign exchange and other adjustments

 

(6.1

)

 

 

 

 

 

(6.1

)

Net book value as of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

2,076.1

 

 

 

519.5

 

 

 

2,595.6

 

Accumulated impairment losses

 

(1,930.9

)

 

 

(254.1

)

 

 

(2,185.0

)

Total

$

145.2

 

 

$

265.4

 

 

$

410.6

 

Components of Other Intangible Assets

The components of other intangible assets at December 31, 2020 and 2019 were as follows:

 

 

December 31, 2020

 

 

December 31, 2019

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Book Value

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Book Value

 

Client relationships

$

417.0

 

 

$

(361.1

)

 

$

55.9

 

 

$

410.2

 

 

$

(337.1

)

 

$

73.1

 

Patents

 

2.0

 

 

 

(2.0

)

 

 

 

 

 

2.0

 

 

 

(2.0

)

 

 

 

Trademarks, licenses and agreements

 

23.2

 

 

 

(23.2

)

 

 

 

 

 

23.5

 

 

 

(23.5

)

 

 

 

Trade names

 

29.1

 

 

 

(16.2

)

 

 

12.9

 

 

 

31.5

 

 

 

(15.8

)

 

 

15.7

 

Total other intangible assets

$

471.3

 

 

$

(402.5

)

 

$

68.8

 

 

$

467.2

 

 

$

(378.4

)

 

$

88.8

 

 

Schedule of Estimated Annual Amortization Expense Related to Other Intangible Assets

The following table outlines the estimated annual amortization expense related to other intangible assets as of December 31, 2020:  

 

 

Amount

 

2021

$

18.9

 

2022

 

18.8

 

2023

 

18.8

 

2024

 

2.9

 

2025

 

1.3

 

2026 and thereafter

 

8.1

 

Total

$

68.8