v3.25.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Other Intangible Assets

Other intangible assets, net consisted of the following:

 

 

 

March 31, 2025

 

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

 

Weighted Average Remaining Amortization Period

 

 

 

(In millions)

 

 

(In years)

 

Amortized - definite lived:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

$

291.9

 

 

$

(242.4

)

 

$

49.5

 

 

 

5.9

 

Trade name

 

 

176.6

 

 

 

(148.8

)

 

 

27.8

 

 

 

0.3

 

Technology

 

 

304.4

 

 

 

(223.5

)

 

 

80.9

 

 

 

5.3

 

Total definite lived intangible assets

 

$

772.9

 

 

$

(614.7

)

 

$

158.2

 

 

 

4.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unamortized - indefinite lived:

 

 

 

 

 

 

 

 

 

 

 

 

Trade name

 

 

6.0

 

 

 

(1.8

)

 

 

4.2

 

 

n/a

 

Total other intangible assets

 

$

778.9

 

 

$

(616.5

)

 

$

162.4

 

 

n/a

 

 

 

 

December 31, 2024

 

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

 

Weighted Average Remaining Amortization Period

 

 

 

(In millions)

 

 

(In years)

 

Amortized - definite lived:

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

$

291.1

 

 

$

(239.8

)

 

$

51.3

 

 

 

6.2

 

Trade name

 

 

176.4

 

 

 

(127.3

)

 

 

49.1

 

 

 

0.6

 

Technology

 

 

300.3

 

 

 

(215.7

)

 

 

84.6

 

 

 

5.3

 

Total definite lived intangible assets

 

$

767.8

 

 

$

(582.8

)

 

$

185.0

 

 

 

4.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unamortized - indefinite lived:

 

 

 

 

 

 

 

 

 

 

 

 

Trade name

 

 

6.0

 

 

 

(1.8

)

 

 

4.2

 

 

n/a

 

Total other intangible assets

 

$

773.8

 

 

$

(584.6

)

 

$

189.2

 

 

n/a