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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 carrying value of goodwill by segment was as follows:

Application SoftwareNetwork SoftwareTechnology Enabled ProductsTotal
Balances at December 31, 2024$14,677.6 $3,706.4 $928.9 $19,312.9 
Goodwill acquired— — 73.5 73.5 
Other7.4 0.1 — 7.5 
Currency translation adjustments8.8 5.3 0.2 14.3 
Balances at March 31, 2025$14,693.8 $3,711.8 $1,002.6 $19,408.2 

Other relates to purchase accounting adjustments for acquisitions completed in 2024.

Other intangible assets were comprised of:

CostAccumulated amortizationNet book value
Assets subject to amortization:
Customer related intangibles$11,303.7 $(3,457.0)$7,846.7 
Unpatented technology851.7 (454.7)397.0 
Patents and other protective rights9.2 (1.9)7.3 
Assets not subject to amortization:
Trade names808.6 — 808.6 
Balances at December 31, 2024$12,973.2 $(3,913.6)$9,059.6 
Assets subject to amortization:
Customer related intangibles$11,354.3 $(3,623.5)$7,730.8 
Unpatented technology794.0 (425.2)368.8 
Patents and other protective rights9.1 (1.9)7.2 
Assets not subject to amortization:
Trade names810.1 — 810.1 
Balances at March 31, 2025$12,967.5 $(4,050.6)$8,916.9 

Amortization expense of other intangible assets was $194.5 and $178.4 during the three months ended March 31, 2025 and 2024, respectively.

An evaluation of the carrying value of goodwill and other indefinite-lived intangibles is required to be performed on an annual basis, and on an interim basis if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. There have been no events or changes in circumstances which indicate an interim impairment review is required in 2025. The Company will perform the annual analysis during the fourth quarter of 2025.