Goodwill and Identifiable Assets (Tables)

6 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

The following table summarizes the activity related to the carrying amount of goodwill by reportable segment since December 31, 2019 (in millions). For the businesses acquired since 2019, goodwill deductible for income tax purposes was approximately $124.3 million. See Note 9. Segment Reporting for more information on the change in our reportable segments.


	Commercial		Federal Government		Total




Balance as of December 31, 2019	$	738.4	$	552.9	$	1,291.3
2020 acquisitions	40.3		89.2		129.5
Translation adjustment	(0.1)		—		(0.1)
Balance as of December 31, 2020	778.6		642.1		1,420.7
2021 acquisitions	51.3		—		51.3
Purchase price adjustments	—		3.5		3.5



Balance as of June 30, 2021	$	829.9	$	645.6	$	1,475.5

___________________

Note: For the 2021 and 2020 acquisitions, approximately $47.2 million and $77.1 million of the goodwill

was deductible for income tax purposes, respectively.

Schedule of Acquired Intangible Assets

Acquired intangible assets consisted of the following (in millions):


		June 30, 2021						December 31, 2020
	Estimated Useful Life in Years	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer and contractual relationships	7.3 - 12.8	$	457.4	$	232.6	$	224.8	$	428.0	$	211.3	$	216.7
Contractor relationships	4.0	45.5		45.4		0.1		45.5		45.3		0.2
Contract Backlog	1.0 - 2.8	29.3		28.9		0.4		29.3		28.5		0.8
Non-compete agreements	1.0 - 7.0	27.2		19.6		7.6		27.0		17.4		9.6

		559.4		326.5		232.9		529.8		302.5		227.3
Not subject to amortization:
Trademarks		242.6		—		242.6		242.6		—		242.6
Total		$	802.0	$	326.5	$	475.5	$	772.4	$	302.5	$	469.9

Schedule of Estimated Future Amortization Expense

Estimated future amortization expense follows (in millions):


Remainder of 2021	$	27.4
2022	43.9
2023	37.8
2024	29.7
2025	24.3
Thereafter	69.8
	$	232.9