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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS.
Goodwill and intangible assets consist of the following:

(in millions)3/31/202212/31/2021
Goodwill$2,643.9 $2,693.2 
Indefinite-lived intangible assets - trade name134.7 134.7 
Indefinite-lived intangible assets - investment advisory agreements164.8 164.8 
Definite-lived intangible assets - investment advisory agreements586.8 613.9 
Total$3,530.2 $3,606.6 
Estimated amortization expense for the definite-lived investment advisory agreements intangible assets for the remainder of 2022 is $81.4 million, $108.1 million for 2023, $105.7 million for 2024, $105.0 million for 2025, and $87.7 million for 2026. Amortization expense for the definite-lived investment advisory agreements intangible assets was $27.1 million for the three months ended March 31, 2022.

Goodwill activity during the three months ended March 31, 2022 was as follows:

(in millions)2022
Balance, 12/31/2021$2,693.2 
Measurement period adjustment(49.3)
Balance, 3/31/2022$2,643.9 

We evaluate the carrying amount of goodwill for possible impairment on an annual basis in the third quarter using a fair value approach or if triggering events occur that require us to evaluate for impairment earlier.