v3.26.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
The following table presents the changes in the carrying amount of goodwill for the six months ended June 30, 2026:
Total
Balance as of December 31, 2025$31.8 
Measurement period adjustments (Note 3)
(6.9)
Allocation to Disposal Group (Note 4)(1.1)
Balance as of June 30, 2026$23.8 
Intangible Asset, Finite-Lived
The gross carrying amount and accumulated amortization of intangible assets were comprised of the following at the end of each period:
June 30, 2026December 31, 2025
Gross Carrying Amount (1)
Accumulated Amortization (1)
Net Book ValueGross Carrying AmountAccumulated AmortizationNet Book Value
Amortizable:
Developed technology$1,974.7 $252.9 $1,721.8 $2,404.7 $175.1 $2,229.6 
Intangible assets, net$1,974.7 $252.9 $1,721.8 $2,404.7 $175.1 $2,229.6 
(1)Excludes gross carrying amount of $430.0 million and accumulated amortization of $31.2 million related to the Disposal Group classified as assets held for sale.
Intangible Asset, Finite-Lived, Amortization Expense
Intangible asset amortization expense is included in cost of sales in the Condensed Consolidated Statements of Operations and was as follows:
Three Months EndedSix Months Ended
June 30,
2026		June 27,
2025		June 30,
2026		June 27,
2025
Amortization expense$53.6 $9.5 $109.0 $19.2 
Schedule of Future Amortization Expense, Intangible Assets
Based on the carrying amount of developed technology intangible assets as of June 30, 2026 and assuming no future impairment of the underlying assets, the estimated future amortization is expected to be as follows:
Remainder of Fiscal 2026$91.9 
Fiscal 2027181.3 
Fiscal 2028178.0 
Fiscal 2029171.7 
Fiscal 2030159.7 
Thereafter939.2 
Total amortization$1,721.8