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

The changes in the carrying value of goodwill by reportable segment for the years ended December 31, are as follows:

 

(in thousands)

 

Retail

 

 

National

Programs

 

 

Wholesale

Brokerage

 

 

Services

 

 

Total

 

Balance as of January 1, 2019

 

$

2,063,150

 

 

$

926,206

 

 

$

291,622

 

 

$

151,808

 

 

$

3,432,786

 

Goodwill of acquired businesses

 

 

302,640

 

 

 

74

 

 

 

6,479

 

 

 

19,353

 

 

 

328,546

 

Goodwill disposed of relating to sales of businesses

 

 

(14,499

)

 

 

(739

)

 

 

 

 

 

 

 

 

(15,238

)

Balance as of December 31, 2019

 

$

2,351,291

 

 

$

925,541

 

 

$

298,101

 

 

$

171,161

 

 

$

3,746,094

 

Goodwill of acquired businesses

 

 

299,961

 

 

 

163,070

 

 

 

184,956

 

 

 

108

 

 

 

648,095

 

Goodwill disposed of relating to sales of businesses

 

 

(782

)

 

 

 

 

 

 

 

 

 

 

 

(782

)

Foreign currency translation adjustments during the year

 

 

 

 

 

2,511

 

 

 

 

 

 

 

 

 

2,511

 

Balance as of December 31, 2020

 

$

2,650,470

 

 

$

1,091,122

 

 

$

483,057

 

 

$

171,269

 

 

$

4,395,918