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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Note 9—Goodwill and Intangible Assets The following table summarizes changes in goodwill (in millions):
Balance at December 31, 2023 |  | $ | 8,969.5 |
Acquisitions completed in the current year |  |  | 325.7 |
Adjustments to prior acquisitions |  |  | 0.8 |
Effect of foreign currency translation |  |  | (77.9 | )
Balance at December 31, 2024 |  | $ | 9,218.1 |
Acquisitions completed in the current year |  |  | 589.2 |
Adjustments to prior acquisitions |  |  | (0.1 | )
Effect of foreign currency translation |  |  | 184.1 |
Balance at December 31, 2025 |  | $ | 9,991.3 |
A summary of the components of intangible assets is as follows (in millions):
|  | December 31, |
|  | 2025 |  |  | 2024 |
|  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  |  | Gross Amount |  | Accumulated Amortization |  | Net Amount |
Customer relationships |  | $ | 5,791.5 |  | $ | (3,186.6 | ) | $ | 2,604.9 |  |  | $ | 5,280.2 |  | $ | (2,796.1 | ) | $ | 2,484.1 |
Completed technology |  |  | 1,851.7 |  |  | (1,328.2 | ) |  | 523.5 |  |  |  | 1,746.4 |  |  | (1,210.1 | ) |  | 536.3 |
Trade names |  |  | 304.2 |  |  | (194.8 | ) |  | 109.4 |  |  |  | 285.4 |  |  | (174.6 | ) |  | 110.8 |
Total intangible assets |  | $ | 7,947.4 |  | $ | (4,709.6 | ) | $ | 3,237.8 |  |  | $ | 7,312.0 |  | $ | (4,180.8 | ) | $ | 3,131.2 |
Total estimated amortization expense, related to intangible assets, for each of the next five years and thereafter, as of December 31, 2025, is expected to approximate (in millions):
Year Ending December 31, |  |  |
2026 |  | $ | 489.1 |
2027 |  |  | 481.2 |
2028 |  |  | 405.3 |
2029 |  |  | 369.0 |
2030 |  |  | 336.8 |
Thereafter |  |  | 1,156.4 |
Total |  | $ | 3,237.8 |
Amortization expense associated with customer relationships, completed technology and other amortizable intangible assets was $483.9 million, $482.2 million and $505.3 million for the years ended December 31, 2025, 2024 and 2023, respectively. Net capitalized software costs of $505.2 million and $390.4 million are included in the December 31, 2025 and 2024 Consolidated Balance Sheets, respectively, under “Intangible and other assets”. Accumulated amortization related to capitalized software costs totaled $577.5 million and $422.8 million as of December 31, 2025 and 2024, respectively. Amortization expense related to capitalized software development costs was $148.7 million, $124.4 million and $91.3 million for each of the years ended December 31, 2025, 2024, and 2023, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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