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Intangible Assets And Goodwill (Tables) | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Components of intangible assets | Intangible assets consisted of the following at June 30, 2022 and December 31, 2021:
|  | June 30, 2022 |  | December 31, 2021
(in millions) |  | Assigned Value |  | Accumulated Amortization |  |  |  | Net Book Value |  | Assigned Value |  | Accumulated Amortization |  | Deconsolidation(2) |  | Net Book Value
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Clearing firm, market data and other customer relationships |  | $ | 4,685.3 |  |  | $ | (1,804.3) |  |  |  |  | $ | 2,881.0 |  |  | $ | 5,818.2 |  |  | $ | (1,847.7) |  |  | (950.0) |  |  | $ | 3,020.5 |
Technology-related intellectual property |  | 62.5 |  |  | (52.1) |  |  |  |  | 10.4 |  |  | 175.3 |  |  | (76.3) |  |  | (84.6) |  |  | 14.4 |
Other |  | 69.8 |  |  | (29.1) |  |  |  |  | 40.7 |  |  | 105.7 |  |  | (35.5) |  |  | (23.1) |  |  | 47.1 |
Total amortizable intangible assets |  | $ | 4,817.6 |  |  | $ | (1,885.5) |  |  |  |  | $ | 2,932.1 |  |  | $ | 6,099.2 |  |  | $ | (1,959.5) |  |  | $ | (1,057.7) |  |  | 3,082.0 |
Indefinite-Lived Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  |  |  |  |  |  |  | 450.0 |  |  |  |  |  |  |  |  | 450.0 |
Total intangible assets – other, net |  |  |  |  |  |  |  | $ | 3,382.1 |  |  |  |  |  |  |  |  | $ | 3,532.0 |
Trading products (1) |  |  |  |  |  |  |  | $ | 17,175.3 |  |  |  |  |  |  |  |  | $ | 17,175.3 |
(1)Trading products represent futures and options products acquired in our business combinations with CBOT Holdings, Inc., NYMEX Holdings, Inc. and The Board of Trade of Kansas City, Missouri, Inc. Clearing and transaction fees are generated through the trading of these products. These trading products, most of which have traded for decades, require authorization from the Commodity Futures Trading Commission (CFTC). Product authorizations from the CFTC have no term limits. (2)The activity from deconsolidation includes intangible assets as part of the contribution of the net assets of the optimization business to OSTTRA.
Future estimated amortization expense | As of June 30, 2022, the future estimated amortization expense related to amortizable intangible assets is expected to be as follows:
(in millions) | Amortization Expense
Remainder of 2022 | $ | 114.4 |
2023 | 227.6 |
2024 | 221.1 |
2025 | 221.1 |
2026 | 221.1 |
2027 | 219.9 |
Thereafter | 1,706.9 |
Schedule of Goodwill | Goodwill activity consisted of the following for the periods ended June 30, 2022 and December 31, 2021:
(in millions) |  | Balance at December 31, 2021 |  | Deconsolidation (1) |  |  |  | Other Activity (2) |  | Balance at June 30, 2022
CBOT Holdings |  | $ | 5,066.4 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 5,066.4 |
NYMEX Holdings |  | 2,462.2 |  |  | — |  |  |  |  | — |  |  | 2,462.2 |
NEX |  | 2,959.0 |  |  | — |  |  |  |  | (43.9) |  |  | 2,915.1 |
Other |  | 40.4 |  |  | — |  |  |  |  | — |  |  | 40.4 |
Total Goodwill |  | $ | 10,528.0 |  |  | $ | — |  |  |  |  | $ | (43.9) |  |  | $ | 10,484.1 |
(in millions) |  | Balance at December 31, 2020 |  | Deconsolidation (1) |  |  |  | Other Activity (2) |  | Balance at December 31, 2021
CBOT Holdings |  | $ | 5,066.4 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 5,066.4 |
NYMEX Holdings |  | 2,462.2 |  |  | — |  |  |  |  | — |  |  | 2,462.2 |
NEX |  | 3,229.8 |  |  | (246.2) |  |  |  |  | (24.6) |  |  | 2,959.0 |
Other |  | 40.4 |  |  | — |  |  |  |  | — |  |  | 40.4 |
Total Goodwill |  | $ | 10,798.8 |  |  | $ | (246.2) |  |  |  |  | $ | (24.6) |  |  | $ | 10,528.0 |
__________ (1) The activity from deconsolidation includes goodwill as part of the contribution of the net assets of the optimization business to OSTTRA. (2) Other activity includes currency translation adjustments.

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