v3.26.1
Intangible Assets and Goodwill (Tables)
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

Intangible assets, net consisted of the following:

(in millions)

 

Indefinite-
lived trade
names

 

 

Customer
relationship
intangibles

 

 

Definite-
lived trade
names

 

 

Acquired
Technology

 

 

Acquired
Content

 

 

Computer
software

 

 

Capitalized
software in
progress

 

 

Total
Intangible
Assets

 

Gross carrying
   amount at
   March 31, 2026

 

$

45.7

 

 

$

391.4

 

 

$

111.9

 

 

$

8.4

 

 

$

2.6

 

 

$

54.4

 

 

$

2.4

 

 

$

616.8

 

Accumulated amortization

 

 

—

 

 

 

(359.9

)

 

 

(36.3

)

 

 

(6.8

)

 

 

(2.0

)

 

 

(37.1

)

 

 

—

 

 

 

(442.1

)

Net carrying
   amount at
   March 31, 2026

 

$

45.7

 

 

$

31.5

 

 

$

75.6

 

 

$

1.6

 

 

$

0.6

 

 

$

17.3

 

 

$

2.4

 

 

$

174.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying
   amount at
   December 31, 2025

 

$

45.7

 

 

$

391.9

 

 

$

112.2

 

 

$

8.4

 

 

$

2.6

 

 

$

52.9

 

 

$

1.9

 

 

$

615.6

 

Accumulated amortization

 

 

—

 

 

 

(356.7

)

 

 

(34.4

)

 

 

(6.6

)

 

 

(1.8

)

 

 

(34.7

)

 

 

—

 

 

 

(434.2

)

Net carrying
   amount at
   December 31, 2025

 

$

45.7

 

 

$

35.2

 

 

$

77.8

 

 

$

1.8

 

 

$

0.8

 

 

$

18.2

 

 

$

1.9

 

 

$

181.4

 
Schedule of Changes in Carrying Amount of Goodwill for Each Reportable Segment

The table below summarizes the changes in the carrying amount of goodwill for each reportable segment:

 

 

Reportable Segment

 

 

 

 

 

 

 

(in millions)

 

Connections

 

 

All Other

 

 

Total

 

Balance at December 31, 2025

 

$

748.0

 

 

$

35.6

 

 

$

783.6

 

Foreign currency translation

 

 

(3.3

)

 

 

—

 

 

 

(3.3

)

Balance at March 31, 2026

 

$

744.7

 

 

$

35.6

 

 

$

780.3