| GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS As of June 30, 2025 and December 31, 2024, goodwill and other intangible assets consisted of the following: | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | | | | | | (in thousands) | | | | | | Goodwill | $ | 16,742,403 | | | $ | 16,777,532 | | | Other intangible assets: | | | | | Customer-related intangible assets | $ | 5,284,094 | | | $ | 5,115,719 | | | Acquired technologies | 1,948,770 | | | 1,935,461 | | | Contract-based intangible assets | 2,285,174 | | | 2,186,714 | | | Trademarks and trade names | 469,169 | | | 468,155 | | | 9,987,207 | | | 9,706,049 | | | Less accumulated amortization: | | | | | Customer-related intangible assets | 3,124,560 | | | 2,885,615 | | | Acquired technologies | 1,554,366 | | | 1,472,833 | | | Contract-based intangible assets | 506,674 | | | 407,453 | | | Trademarks and trade names | 421,145 | | | 412,766 | | | 5,606,745 | | | 5,178,667 | | | $ | 4,380,462 | | | $ | 4,527,382 | |
The following table sets forth the changes in the carrying amount of goodwill for the six months ended June 30, 2025:
| | | | | | | | | | | Merchant Solutions | | | | | | | | | | | | (in thousands) | | Balance at December 31, 2024 | $ | 16,777,532 | | | | | | | Goodwill acquired | 81,757 | | | | | | | Effect of foreign currency translation | 359,221 | | | | | | | Measurement period adjustments | 3,470 | | | | | | Reclassification of goodwill to assets held for sale (1) | (479,577) | | | | | | | Balance at June 30, 2025 | $ | 16,742,403 | | | | | |
(1) Reflects the reclassification of goodwill in connection with the presentation of our Payroll Solutions business as held for sale. See “Note 2—Business Dispositions and Discontinued Operations” for further discussion.
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