XML 63 R12.htm IDEA: XBRL DOCUMENT
v3.25.1

Goodwill and Other Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The following is a summary of the activity in our goodwill balance by segment for the three months ended March 31, 2025 (in millions):
| Exchanges Segment |  | Fixed Income and Data Services Segment |  | Mortgage Technology Segment |  | Total Consolidated
Goodwill balance at December 31, 2024 | $ | 8,136 |  |  | $ | 4,853 |  |  | $ | 17,606 |  |  | $ | 30,595 |
Acquisition | — |  |  | 8 |  |  | — |  |  | 8 |
Foreign currency translation | 13 |  |  | 1 |  |  | — |  |  | 14 |
Goodwill balance at March 31, 2025 | $ | 8,149 |  |  | $ | 4,862 |  |  | $ | 17,606 |  |  | $ | 30,617 |
The following is a summary of the activity in our other intangible assets balance for the three months ended March 31, 2025 (in millions):
Other intangible assets balance at December 31, 2024 | $ | 16,306 |
Acquisition | 4 |
Foreign currency translation | 10 |
Amortization of other intangible assets | (253) |
Other intangible assets balance at March 31, 2025 | $ | 16,067 |
Foreign currency translation adjustments result from a portion of our goodwill and other intangible assets primarily being held at our U.K., EU and Canadian subsidiaries, whose functional currencies are not the U.S. dollar. During the three months ended March 31, 2025, we considered potential indicators of impairment to goodwill and other intangible assets for each of our reporting units, which included continued global inflation concerns, changes in tariffs and trade policies and changing interest rates, including their effect on our forecasts, among other things. As such, we performed this assessment to determine whether it was more-likely-than-not that goodwill and indefinite lived intangibles within each of our reporting units were impaired. Additionally, we evaluated whether the carrying value of the finite-lived intangible assets may not be recoverable. After evaluating events, circumstances and factors which could affect the significant inputs used in our evaluation of cash flows and related fair value, we determined it was not more-likely-than-not that an impairment existed in our goodwill and indefinite lived intangible assets or that the carrying amount of our finite lived intangible assets was not recoverable. We plan to perform our annual impairment testing in the fourth quarter of 2025.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration