Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets and goodwill

Goodwill and other intangible assets, net of accumulated amortization, at June 30, 2020 and December 31, 2019 are as follows (in millions):

	June 30, 2020		December 31, 2019
Goodwill	$	389.5	$	659.9
Other intangible assets, net	702.5		830.3
Total goodwill and other intangible assets, net	$	1,092.0	$	1,490.2

Schedule of changes in carrying amount of goodwill

The changes in the carrying amount of goodwill for the six months ended June 30, 2020 were as follows (in millions):

	Six months ended June 30, 2020
Goodwill, beginning of period	$	659.9
Goodwill impairment	(270.3)
Currency translation effect on foreign goodwill balances	(0.1)
Goodwill, end of period	$	389.5

Schedule of components of other intangible assets

The components of other intangible assets were as follows ($ in millions):

	Total estimated life (years)	June 30, 2020		December 31, 2019
Non-amortizable—indefinite lived:
Brand/trade names		$	333.2	$	442.0
Amortizable:
Non-compete agreements	4	2.6		2.6
Dealer/customer related	5-20	459.9		499.5
Developed technology	5-7	9.7		12.7
Total amortizable		472.2		514.8
Less: Accumulated amortization		(102.9)		(126.5)
Net amortized other intangible assets		369.3		388.3
Total other intangible assets, net		$	702.5	$	830.3