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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill

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

 
Summary of the Components of Intangible Assets

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

 
Schedule of Estimated Amortization Expense, Related to Intangible Assets

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