v3.22.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill
The following table summarizes changes in our goodwill balance by segment:
A&CCoreTotal
Balance at December 31, 20201,408.3 1,866.8 3,275.1 
Goodwill related to acquisitions134.0 177.6 311.6 
Impact of foreign currency translation(19.1)(25.4)(44.5)
Other(0.7)(0.7)(1.4)
Balance at December 31, 20211,522.5 2,018.3 3,540.8 
Goodwill related to acquisitions— 56.3 56.3 
Impact of foreign currency translation(31.7)(43.0)(74.7)
Purchase accounting adjustments related to prior period acquisitions6.2 8.3 14.5 
Balance at December 31, 2022$1,497.0 $2,039.9 $3,536.9 
Summary of Finite-Lived Intangible Assets Finite-lived intangible assets are amortized over the following estimated useful lives:
Customer relationships
2-9 years
Developed technology
2-7 years
Trade names and other
1-10 years
Intangible assets, net are summarized as follows:
December 31, 2022
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Indefinite-lived intangible assets:
Trade names and branding$445.0 n/a$445.0 
Domain portfolio243.2 n/a243.2 
Contractual-based assets256.8 n/a256.8 
Finite-lived intangible assets:
Customer-related487.7 $(309.0)178.7 
Developed technology243.9 (171.1)72.8 
Trade names and other109.8 (54.1)55.7 
$1,786.4 $(534.2)$1,252.2 
December 31, 2021
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Indefinite-lived intangible assets:
Trade names and branding$445.0 n/a$445.0 
Domain portfolio246.8 n/a246.8 
Contractual-based assets253.8 n/a253.8 
Finite-lived intangible assets:
Customer-related535.1 $(279.3)255.8 
Developed technology243.5 (133.1)110.4 
Trade names and other118.4 (45.5)72.9 
$1,842.6 $(457.9)$1,384.7 
Summary of Indefinite-Lived Intangible Assets Intangible assets, net are summarized as follows:
December 31, 2022
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Indefinite-lived intangible assets:
Trade names and branding$445.0 n/a$445.0 
Domain portfolio243.2 n/a243.2 
Contractual-based assets256.8 n/a256.8 
Finite-lived intangible assets:
Customer-related487.7 $(309.0)178.7 
Developed technology243.9 (171.1)72.8 
Trade names and other109.8 (54.1)55.7 
$1,786.4 $(534.2)$1,252.2 
December 31, 2021
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Indefinite-lived intangible assets:
Trade names and branding$445.0 n/a$445.0 
Domain portfolio246.8 n/a246.8 
Contractual-based assets253.8 n/a253.8 
Finite-lived intangible assets:
Customer-related535.1 $(279.3)255.8 
Developed technology243.5 (133.1)110.4 
Trade names and other118.4 (45.5)72.9 
$1,842.6 $(457.9)$1,384.7 
Expected Future Amortization Expense of Finite-Lived Intangible Assets Based on the balance of finite-lived intangible assets at December 31, 2022, expected future amortization expense is as follows:
Year Ending December 31:
2023$107.9 
202486.3 
202578.7 
202626.6 
20274.6 
Thereafter3.1 
$307.2