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GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Activity in Goodwill
The following table summarizes the activity in goodwill for the periods indicated:
Nine Months Ended September 30, 2025
MAMISConsolidated
Gross goodwillAccumulated
impairment
charge
Net
goodwill
Gross goodwillAccumulated impairment
charge
Net
goodwill
Gross goodwillAccumulated
impairment
charge
Net
goodwill
Balance at beginning
of year
$5,626 $(12)$5,614 $380 $ $380 $6,006 $(12)$5,994 
Additions/
adjustments (1)
136  136 8  8 144  144 
Foreign currency translation adjustments336  336    336  336 
Reclassification to assets held-for-sale (2)
(9) (9) —  (9) (9)
Ending balance$6,089 $(12)$6,077 $388 $ $388 $6,477 $(12)$6,465 
Year Ended December 31, 2024
MAMISConsolidated
Gross goodwill
Accumulated
impairment
charge
Net
goodwill
Gross goodwill
Accumulated impairment
charge
Net
goodwill
Gross goodwill
Accumulated
impairment
charge
Net
goodwill
Balance at beginning
of year
$5,681 $(12)$5,669 $287 $— $287 $5,968 $(12)$5,956 
Additions/
adjustments (3)
112 — 112 97 — 97 209 — 209 
Foreign currency translation
adjustments
(167)— (167)(4)— (4)(171)— (171)
Ending balance$5,626 $(12)$5,614 $380 $— $380 $6,006 $(12)$5,994 
(1) The 2025 additions relate to the acquisition of CAPE Analytics and ICR Chile in 2025.
(2) The 2025 reclassification to assets held-for-sale for the MA segment in the table above relate to the planned divestiture of the MA Learning Solutions business, more fully discussed in Note 12.
(3) The 2024 additions/adjustments primarily relate to certain immaterial acquisitions in 2024 (most notably GCR, Numerated and Praedicat).
Acquired Intangible Assets and Related Amortization
Acquired intangible assets and related amortization consisted of:
September 30,
2025
December 31,
2024
Customer relationships$2,149 $2,035 
Accumulated amortization(686)(631)
Net customer relationships1,463 1,404 
Software/product technology774 695 
Accumulated amortization(507)(419)
Net software/product technology267 276 
Database163 166 
Accumulated amortization(99)(89)
Net database64 77 
Trade names200 199 
Accumulated amortization(91)(83)
Net trade names109 116 
Other (1)
63 67 
Accumulated amortization(50)(50)
Net other13 17 
Total acquired intangible assets, net (2)
$1,916 $1,890 
(1) Other intangible assets primarily consist of trade secrets, covenants not to compete, and acquired ratings methodologies and models.
(2) Excludes approximately $15M of net acquired intangible assets, which were reclassified to assets held-for-sale related to the planned divestiture of the MA Learning Solutions business, more fully discussed in Note 12.
Amortization Expense Relating to Acquired Intangible Assets
Amortization expense relating to acquired intangible assets is as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Amortization expense
$55 $51 $163 $148