v3.26.1
Goodwill and Identifiable Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
Goodwill by reportable segment is as follows (in millions):
CommercialFederal GovernmentTotal
Balance as of December 31, 2024
$1,074.8 $818.3 $1,893.1 
Acquisition of TopBloc248.7— 248.7 
Translation adjustment1.4 — 1.4 
Balance as of December 31, 2025
1,324.9 818.3 2,143.2 
Acquisition of Quinnox137.4 — 137.4 
Translation adjustment(0.2)— (0.2)
Balance at June 30, 2026
$1,462.1 $818.3 $2,280.4 
Schedule of Acquired Intangible Assets
Acquired identifiable intangible assets consisted of the following (in millions):
June 30, 2026December 31, 2025
Estimated Useful Life in YearsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Subject to amortization:
Customer and contractual relationships
6 - 13
$621.0 $334.8 $286.2 $447.4 $305.2 $142.2 
Non-compete agreements
3 - 7
21.4 19.6 1.8 21.4 18.2 3.2 
Internally-developed software34.4 2.0 2.4 4.4 1.2 3.2 
646.8 356.4 290.4 473.2 324.6 148.6 
Not subject to amortization:
Trademarks305.2 — 305.2 305.2 — 305.2 
$952.0 $356.4 $595.6 $778.4 $324.6 $453.8 
Schedule of Estimated Future Amortization Expense
Estimated future amortization expense is as follows (in millions): 
Remainder of 2026$34.6 
202753.3 
202836.1 
202930.7 
203025.0 
Thereafter110.7 
$290.4