Goodwill

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

NOTE 6 Goodwill

Goodwill is subject to at least an annual assessment for impairment by applying a fair value-based test. The Company completed its most recent annual assessment as of November 30, 2022 and identified no impairment as a result of the evaluation.

The changes in the carrying value of goodwill by reportable segment for the three months ended March 31, 2023 are as follows:

(in millions)	Retail		National Programs			Wholesale Brokerage		Services		Total
Balance as of December 31, 2022	$	4,309.0	$	1,602.4		$	591.5	$	171.3	$	6,674.2
Goodwill of acquired businesses		44.6		(21.6	)		—		—		23.0
Goodwill disposed of relating to sales of businesses		—		(2.7	)		—		—		(2.7	)
Foreign currency translation and other adjustments during the year		34.3		(1.1	)		2.5		—		35.7
Balance as of March 31, 2023	$	4,387.9	$	1,577.0		$	594.0	$	171.3	$	6,730.2