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Goodwill (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Value of Goodwill by Reportable Segment

The changes in the carrying value of goodwill by reportable segment for the nine months ended September 30, 2022 are as follows:

(in millions)

 

Retail

 

 

National
Programs

 

 

Wholesale
Brokerage

 

 

Services

 

 

Total

 

Balance as of December 31, 2021

 

$

2,987.2

 

 

$

1,089.9

 

 

$

488.4

 

 

$

171.3

 

 

$

4,736.8

 

Goodwill of acquired businesses

 

 

1,389.0

 

 

 

427.8

 

 

 

105.4

 

 

 

 

 

 

1,922.2

 

Goodwill disposed of relating to sales of businesses

 

 

(2.6

)

 

 

 

 

 

 

 

 

 

 

 

(2.6

)

Foreign currency translation adjustments during the year

 

 

(118.1

)

 

 

(6.9

)

 

 

(9.1

)

 

 

 

 

 

(134.1

)

Balance as of September 30, 2022

 

$

4,255.5

 

 

$

1,510.8

 

 

$

584.7

 

 

$

171.3

 

 

$

6,522.3