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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

As of December 31, 2019 and 2018, goodwill and other intangible assets consisted of the following: 
 
2019
 
2018
 
 
 
 
 
(in thousands)
 
 
 
 
Goodwill
$
23,759,740

 
$
6,341,355

Other intangible assets:
 
 
 
Customer-related intangible assets
$
9,238,728

 
$
2,486,217

Acquired technologies
2,732,218

 
896,701

Contract-based intangible assets
1,974,429


178,391

Trademarks and trade names
1,239,471

 
289,588

 
15,184,846

 
3,850,897

Less accumulated amortization:
 
 
 
Customer-related intangible assets
1,225,785

 
860,715

Acquired technologies
576,928

 
351,170

Contract-based intangible assets
82,225

 
67,160

Trademarks and trade names
145,253

 
83,234

 
2,030,191

 
1,362,279

 
$
13,154,655

 
$
2,488,618


Schedule of Goodwill
The following table sets forth the changes by reportable segment in the carrying amount of goodwill for the years ended December 31, 2019, 2018 and 2017:
 
Merchant Solutions
 
Issuer Solutions
 
Business and Consumer Solutions
 
Total
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
Balance at December 31, 2016
$
4,779,802

 
$
27,792

 
$

 
$
4,807,594

Goodwill acquired
784,668

 

 

 
784,668

Effect of foreign currency translation
75,443

 
5,746

 

 
81,189

Measurement-period adjustments
30,541

 

 

 
30,541

Balance at December 31, 2017
5,670,454

 
33,538

 

 
5,703,992

Goodwill acquired
698,870

 

 

 
698,870

Effect of foreign currency translation
(59,374
)
 
(1,709
)
 

 
(61,083
)
Measurement-period adjustments
(424
)
 

 

 
(424
)
Balance at December 31, 2018
6,309,526

 
31,829

 

 
6,341,355

Goodwill acquired
7,095,167

 
7,945,029

 
2,358,657

 
17,398,853

Effect of foreign currency translation
10,030

 
8,873

 

 
18,903

Measurement-period adjustments
629

 

 


 
629

Balance at December 31, 2019
$
13,415,352

 
$
7,985,731

 
$
2,358,657

 
$
23,759,740


Schedule of Expected Amortization Expense
The estimated amortization expense of acquired intangibles as of December 31, 2019 for the next five years, calculated using the currency exchange rate at the date of acquisition, if applicable, is as follows (in thousands):
2020
$
1,249,281

2021
1,215,658

2022
1,202,279

2023
1,158,838

2024
1,102,224