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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The changes in the carrying amounts of goodwill by segment were as follows:
EIGEMGTotal
(In millions)
Balance at December 31, 2022$4,236.1 $1,136.5 $5,372.6 
Goodwill acquired79.3 932.4 1,011.7 
Purchase price allocation adjustments and other24.8 — 24.8 
Foreign currency translation adjustments24.8 13.7 38.5 
Balance at December 31, 20234,365.0 2,082.6 6,447.6 
Goodwill acquired70.7  70.7 
Purchase price allocation adjustments and other30.7 61.7 92.4 
Foreign currency translation adjustments(41.5)(13.3)(54.8)
Balance at December 31, 2024$4,424.9 $2,131.0 $6,555.9 
Other intangible assets were as follows at December 31:
20242023
(In thousands)
Definite-lived intangible assets (subject to amortization):
Patents$46,043 $47,239 
Purchased technology815,088 914,100 
Customer lists3,823,907 3,743,457 
4,685,038 4,704,796 
Accumulated amortization:
Patents(37,977)(38,105)
Purchased technology(378,102)(334,229)
Customer lists(1,377,094)(1,190,906)
(1,793,173)(1,563,240)
Net intangible assets subject to amortization2,891,865 3,141,556 
Indefinite-lived intangible assets (not subject to amortization):
Trademarks and trade names1,023,308 1,023,761 
$3,915,173 $4,165,317 
Amortization expense was $247.7 million, $215.1 million, and $205.8 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for each of the next five years is expected to approximate $256 million per year, not considering the impact of potential future acquisitions.