Goodwill and Indefinite-Lived Intangible

The entire excess of carrying amount over fair value is recognized as an impairment loss, even if it exceeds the goodwill balance.

Impairment equals the excess of carrying amount over fair value, limited to the amount of goodwill allocated to that reporting unit.

Impairment is measured by first computing the implied fair value of goodwill through a hypothetical purchase-price allocation.

No impairment is recognized unless a qualitative assessment first concludes it is more likely than not that the unit is impaired.