v3.26.3
GOODWILL AND INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The balances, net of impairment, and changes in the carrying amount of goodwill were as follows:
DxBLSTotal
Balance at December 31, 2025
$5,434.8 $1,354.7 $6,789.5 
    Goodwill acquired, excluding measurement period adjustments263.1 176.9 440.0 
    Foreign currency impact and other adjustments(4.3)(48.2)(52.5)
Balance at September 30, 2026
$5,693.6 $1,483.4 $7,177.0 
During the three and nine months ended September 30, 2026, and 2025, the Company did not record a goodwill or an intangible asset impairment charge.
The cumulative goodwill impairment for the Company as of September 30, 2026, and December 31, 2025, was $648.5 and primarily represents the goodwill of the Company’s ED reporting unit within the BLS segment.
The components of identifiable intangible assets were as follows:
September 30, 2026December 31, 2025
Range of Useful Lives (in Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Definite-lived intangible assets:
Customer relationships10-36$4,802.4 $(1,956.0)$2,846.4 $4,525.3 $(1,816.3)$2,709.0 
Patents, licenses, and technology
3-20585.3 (357.9)227.4 548.7 (337.5)211.2 
Non-compete agreements3-5224.7 (132.5)92.2 213.5 (108.0)105.5 
Other
1-1544.2 (33.6)10.6 40.0 (28.9)11.1 
Total definite-lived intangible assets5,656.6 (2,480.0)3,176.6 5,327.5 (2,290.7)3,036.8 
Indefinite-lived intangible assets:
Canadian and other licenses
540.4 N/A540.4 559.2 
N/A
559.2 
Total intangible assets$6,197.0 $(2,480.0)$3,717.0 $5,886.7 $(2,290.7)$3,596.0 
During the nine months ended September 30, 2026, the Company purchased select licenses classified as intangible assets for a total estimated purchase price up to $41.0, which included a $15.0 cash payment and up to $26.0 of consideration contingent upon meeting event-based outcomes, and will be amortized over a 20-year useful life. The cash payment is classified within investing activities in the Condensed Consolidated Statement of Cash Flows.
Amortization of intangible assets was $78.7 and $69.5 for the three months ended September 30, 2026, and 2025, respectively, and was $232.4 and $207.4 for the nine months ended September 30, 2026, and 2025, respectively. At September 30, 2026, the amortization expense of intangible assets is estimated to be $81.2 for the remainder of 2026, $307.9 in 2027, $300.2 in 2028, $287.1 in 2029, $278.7 in 2030, and $1,921.5 thereafter.