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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Goodwill by Reportable Business Segment | A summary of changes in the Company’s goodwill by reportable segment is as follows (in thousands):
|  | December 31, 2023 |  | Acquisitions 1 |  | Dispositions 2 |  | Impairments 3 |  | Acquisition Accounting Adjustments |  | Foreign Currency |  | December 31, 2024
Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vehicle Payments |  | $2,803,990 |  | $73,217 |  | $— |  | $— |  | $— |  | $(192,932) |  | $2,684,275
Corporate Payments |  | 2,074,736 |  | 637,332 |  | (58,220) |  | — |  | 1,058 |  | (25,772) |  | 2,629,134
Lodging Payments |  | 416,952 |  | — |  | — |  | — |  | — |  | (3,514) |  | 413,438
Other |  | 349,280 |  | — |  | — |  | (90,000) |  | — |  | (1,460) |  | 257,820
|  | $5,644,958 |  | $710,549 |  | $(58,220) |  | $(90,000) |  | $1,058 |  | $(223,678) |  | $5,984,667
1 Reflects the recognition of preliminary goodwill related to acquisitions completed by the Company during the year ended December 31, 2024.
2 Reflects goodwill derecognized in connection with the disposition of the Company's merchant solutions business in the U.S. See Note 19 for further information.
3 Represents the partial impairment of the goodwill within the Company's Payroll Card reporting unit during the year ended December 31, 2024. See Note 2 for further information.
|  | December 31, 2022 |  | Acquisitions |  | Dispositions |  | Impairments |  | Acquisition Accounting Adjustments |  | Foreign Currency |  | December 31, 2023
Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vehicle Payments |  | $2,530,391 |  | $233,240 |  | $(40,857) |  | $— |  | $4,389 |  | $76,827 |  | $2,803,990
Corporate Payments |  | 1,906,070 |  | 149,553 |  | — |  | — |  | (105) |  | 19,218 |  | 2,074,736
Lodging Payments |  | 416,044 |  | — |  | — |  | — |  | (764) |  | 1,672 |  | 416,952
Other |  | 348,930 |  | — |  | — |  | — |  | — |  | 350 |  | 349,280
|  | $5,201,435 |  | $382,793 |  | $(40,857) |  | $— |  | $3,520 |  | $98,067 |  | $5,644,958
Schedule of Other Intangible Assets | Other intangible assets consisted of the following at December 31 (in thousands):
|  |  |  | 2024 |  | 2023
|  | Weighted- Avg Useful Life (Years)1 |  | Gross Carrying Amounts |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amounts |  | Accumulated Amortization |  | Net Carrying Amount
Customer and vendor relationships |  | 16.8 |  | $3,476,642 |  | $(1,624,079) |  | $1,852,563 |  | $3,044,522 |  | $(1,511,173) |  | $1,533,349
Trade names and trademarks—indefinite lived |  | N/A |  | 410,391 |  | — |  | 410,391 |  | 440,900 |  | — |  | 440,900
Trade names and trademarks—other |  | 7.8 |  | 66,047 |  | (13,055) |  | 52,992 |  | 51,510 |  | (15,334) |  | 36,176
Technology |  | 6.1 |  | 306,296 |  | (245,038) |  | 61,258 |  | 299,780 |  | (238,819) |  | 60,961
Non-compete agreements |  | 3.7 |  | 52,412 |  | (19,174) |  | 33,238 |  | 85,111 |  | (70,834) |  | 14,277
Total other intangibles |  |  |  | $4,311,788 |  | $(1,901,346) |  | $2,410,442 |  | $3,921,823 |  | $(1,836,160) |  | $2,085,663
N/A = Not Applicable |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 The weighted-average useful life calculation excludes fully amortized intangible assets.
Schedule of Future Estimated Amortization of Intangibles | The future estimated amortization of intangible assets at December 31, 2024 is as follows (in thousands):
2025 |  | $235,277
2026 |  | 217,005
2027 |  | 205,855
2028 |  | 195,480
2029 |  | 179,637
Thereafter |  | 966,797

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