GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

6 Months Ended

Jun. 30, 2026

GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

(6) GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

A summary of acquired intangible assets and goodwill activity for the six months ended June 30, 2026 is presented below:

		Acquired				Total
		Intangible				Intangible
(in millions)		Assets		Goodwill		Assets
Balance as of December 31, 2025	$	261.2	$	1,042.3	$	1,303.5
Increases (decreases):
Acquisition		6.4		0.1		6.5
Impairment		—		—		—
Amortization		(19.2)		—		(19.2)
Foreign currency exchange rate changes		(4.5)		(19.6)		(24.1)
Balance as of June 30, 2026	$	243.9	$	1,022.8	$	1,266.7

Of the total goodwill balance of $1,022.8 million as of June 30, 2026, $394.7 million relates to the Cross-Border Payments Segment, $557.9 million relates to the Payments Infrastructure Segment and the remaining $70.2 million relates to the epay Segment. Estimated amortization expense on acquired intangible assets with finite lives as of June 30, 2026, is expected to total $19.1 million for the remainder of 2026, $35.9 million for 2027, $23.9 million for 2028, $19.7 million for 2029, $19.7 million for 2030 and $18.8 million for 2031.