Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets

We have goodwill, finite-lived intangible assets and indefinite-lived intangible assets as follows:

	September 30, 2021						December 31, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Goodwill(1)	$	1,206.6	$	—	$	1,206.6	$	1,225.8	$	—	$	1,225.8
Intangible assets:
Finite-lived:
Customer relationships	465.1		$	415.5	$	49.6	$	473.0	$	403.8	$	69.2
Other		22.7		17.8		4.9		21.9		21.6		0.3
		487.8		433.3		54.5		494.9		425.4		69.5
Indefinite-lived:
Tradenames(2)		52.0		—		52.0		52.0		—		52.0
Reacquired franchise rights		125.7		—		125.7		127.1		—		127.1
		177.7		—		177.7		179.1		—		179.1
Total intangible assets	$	665.5	$	433.3	$	232.2	$	674.0	$	425.4	$	248.6

(1) Balances were net of accumulated impairment loss of $644.2 as of both September 30, 2021 and December 31, 2020.

(2) Balances were net of accumulated impairment loss of $139.5 as of both September 30, 2021 and December 31, 2020.

Changes in Carrying Value of Goodwill by Reportable Segment

Changes in the carrying value of goodwill by reportable segment and Corporate were as follows:

	Americas(1)			Southern Europe(2)			Northern Europe			APME			Corporate(3)		Total
Balance, December 31, 2020	$	536.6		$	154.9		$	326.6		$	81.7		$	126.0	$	1,225.8
Acquisitions		3.1			—			—			—			—		3.1
Currency impact		(0.4	)		(7.5	)		(10.5	)		(3.9	)		—		(22.3	)
Balance, September 30, 2021	$	539.3		$	147.4		$	316.1		$	77.8		$	126.0	$	1,206.6

(1) Balances related to the United States were $490.2 and $493.3 as of December 31, 2020 and September 30, 2021, respectively.

(2) Balances related to France were $73.3 and $69.5 as of December 31, 2020 and September 30, 2021, respectively. Balances related to Italy were $4.2 and $4.0 as of December 31, 2020 and September 30, 2021, respectively.

(3) The majority of the Corporate balance relates to goodwill attributable to our acquisitions of Right Management ($62.1) and Jefferson Wells ($55.5). Jefferson Wells is part of the United States reporting unit. Right Management is allocated to the reporting units of the countries in which Right Management operates. For purposes of monitoring our total assets by segment, we do not allocate the Corporate balances to the respective reportable segments as this is commensurate with how we operate our business. We do, however, include these balances within the appropriate reporting units for our goodwill impairment testing. See table below for the breakout of goodwill balances by reporting unit.

Schedule of Goodwill Balances by Reporting Unit

Goodwill balances by reporting unit were as follows:

	September 30,		December 31,
	2021		2020
United States	$	572.1	$	545.7
Netherlands		114.2		119.3
United Kingdom		110.3		100.2
France		75.6		73.3
Sweden		42.1		43.6
Other reporting units (1)		292.3		343.7
Total goodwill	$	1,206.6	$	1,225.8

(1) As of July 1, 2021, balances pertaining to Right Management entities were allocated to corresponding reporting units.