Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and intangible assets, net, at December 31 consisted of the following:


	2021		2020
Goodwill	$	1,235.3	$	1,185.0

Franchise rights - indefinite-lived	$	727.5	$	509.0
Other intangible assets	24.0		19.6
	751.5		528.6
Less: accumulated amortization	(8.0)		(7.1)
Intangible assets, net	$	743.5	$	521.5

Goodwill Allocated to Reporting Units and Changes in Carrying Amounts

Goodwill allocated to our reporting units and changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020, were as follows:


	Domestic		Import		Premium Luxury		Collision Centers		Parts Centers		Corporate & Other		Consolidated
Balance as of January 1, 2020
Goodwill	$	367.3	$	498.9	$	714.9	$	41.7	$	19.1	$	1,470.0	$	3,111.9
Accumulated impairment losses	(140.0)		—		—		—		—		(1,470.0)		(1,610.0)
	227.3		498.9		714.9		41.7		19.1		—		1501.9
Acquisitions, dispositions, and other adjustments, net (1)	(0.1)		1.7		(0.3)		(0.1)		0.2		—		1.4
Impairment	—		—		(257.4)		(41.6)		(19.3)		—		(318.3)
Balance as of December 31, 2020
Goodwill	367.2		500.6		714.6		41.6		19.3		1,470.0		3,113.3
Accumulated impairment losses	(140.0)		—		(257.4)		(41.6)		(19.3)		(1,470.0)		(1,928.3)
	227.2		500.6		457.2		—		—		—		1,185.0
Acquisitions, dispositions, and other adjustments, net (1)	1.5		17.3		26.9		4.6		—		—		50.3
Balance as of December 31, 2021
Goodwill	368.7		517.9		741.5		46.2		19.3		1,470.0		3,163.6
Accumulated impairment losses	(140.0)		—		(257.4)		(41.6)		(19.3)		(1,470.0)		(1,928.3)
	$	228.7	$	517.9	$	484.1	$	4.6	$	—	$	—	$	1,235.3

(1) Includes amounts reclassified to held for sale and related adjustments, which are presented in Other Current Assets in our Consolidated Balance Sheet as of period end.