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Amortizable Intangible Assets | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Amortizable Intangible Assets | NOTE 5 Amortizable Intangible Assets Amortizable intangible assets at December 31, 2023 and 2022 consisted of the following:
|  | December 31, 2023 |  |  | December 31, 2022 |
(in millions) |  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |  |  | Weighted average life in years(1) |  |  | Gross carrying value |  |  | Accumulated amortization |  |  | Net carrying value |  |  | Weighted average life in years(1) |
Purchased customer accounts |  | $ | 3,138.0 |  |  | $ | (1,548.7 | ) |  | $ | 1,589.3 |  |  |  | 14.8 |  |  | $ | 2,997.0 |  |  | $ | (1,397.7 | ) |  | $ | 1,599.3 |  |  |  | 14.8 |
Foreign currency translation adjustments during the year |  |  | 33.5 |  |  |  | (2.0 | ) |  |  | 31.5 |  |  |  |  |  |  | (4.5 | ) |  |  | 0.4 |  |  |  | (4.1 | ) |  |  |
Total |  | $ | 3,171.5 |  |  | $ | (1,550.7 | ) |  | $ | 1,620.8 |  |  |  |  |  | $ | 2,992.5 |  |  | $ | (1,397.3 | ) |  | $ | 1,595.2 |  |  |  |
(1) Weighted average life calculated as of the date of acquisition. Amortization expense for amortizable intangible assets for the years ending December 31, 2024, 2025, 2026, 2027 and 2028 is estimated to be $169.4 million, $165.9 mill ion, $159.9 million, $147.5 million and $141.0 million, respectively.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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