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Goodwill and Other Intangibles
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangibles Goodwill and Other Intangibles
A summary of changes in the Company’s goodwill is as follows (in thousands):
December 31, 2025
Transferred to Held for Sale1
Dispositions2
Acquisition Accounting
Adjustments
Foreign
Currency
June 30, 2026
Goodwill$7,564,822 $(194,287)$(214,518)$2,247 $(8,286)$7,149,978 
1 Reflects the reclassification of goodwill assigned to the Maintenance business of our Vehicle Payments segment to held for sale during the second quarter of 2026. See Note 15 for further information.
2 Reflects goodwill derecognized in connection with the disposition of the Company's PayByPhone business in the first quarter of 2026. See Note 15 for further information.
Company's goodwill is presented net of accumulated impairment losses of $90.0 million, all of which were recorded during the year ended December 31, 2024.
As of June 30, 2026 and December 31, 2025, other intangibles consisted of the following (in thousands):
June 30, 2026December 31, 2025
Weighted-
Avg
Useful
Lives
(Years)1
Gross
Carrying
Amounts
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amounts
Accumulated
Amortization
Net
Carrying
Amount
Customer and vendor relationships16.0$4,345,584 $(1,976,446)$2,369,138 $4,541,001 $(1,908,916)$2,632,085 
Trade names and trademarks—indefinite livedN/A423,569 — 423,569 442,814 — 442,814 
Trade names and trademarks—other7.389,870 (28,232)61,638 92,939 (21,403)71,536 
Software7.5303,266 (253,723)49,543 327,925 (259,748)68,177 
Non-compete agreements3.949,721 (33,920)15,801 51,836 (28,719)23,117 
Total other intangibles$5,212,010 $(2,292,321)$2,919,689 $5,456,515 $(2,218,786)$3,237,729 
N/A = Not Applicable
1 The weighted-average useful life calculation excludes fully amortized intangible assets.
Changes in foreign exchange rates resulted in a $13.8 million decrease to the net carrying values of other intangibles in the six months ended June 30, 2026. Amortization expense related to intangible assets for the six months ended June 30, 2026 and 2025 was $161.0 million and $125.3 million, respectively.