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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill and Intangible Assets | As of December 31, 2021 and 2020, goodwill and other intangible assets consisted of the following:
| 2021 |  | 2020
| (in thousands)
Goodwill | $ | 24,813,274 |  |  | $ | 23,871,451 |
Other intangible assets: |  |  |
Customer-related intangible assets | $ | 9,694,083 |  |  | $ | 9,275,093 |
Acquired technologies | 2,962,154 |  |  | 2,795,991 |
Contract-based intangible assets | 2,258,676 |  |  | 1,981,260 |
Trademarks and trade names | 1,271,302 |  |  | 1,239,925 |
| 16,186,215 |  |  | 15,292,269 |
Less accumulated amortization: |  |  |
Customer-related intangible assets | 2,587,586 |  |  | 1,914,214 |
Acquired technologies | 1,367,513 |  |  | 960,281 |
Contract-based intangible assets | 180,975 |  |  | 120,631 |
Trademarks and trade names | 416,432 |  |  | 281,260 |
| 4,552,506 |  |  | 3,276,386 |
| $ | 11,633,709 |  |  | $ | 12,015,883 |
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, 2021, 2020 and 2019:
| Merchant Solutions |  | Issuer Solutions |  | Business and Consumer Solutions |  | Total
| (in thousands)
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 |
Goodwill acquired | 80,152 |  |  | — |  |  | — |  |  | 80,152 |
Effect of foreign currency translation | 54,548 |  |  | 14,182 |  |  | — |  |  | 68,730 |
Measurement-period adjustments | (1,362) |  |  | (42,297) |  |  | 6,488 |  |  | (37,171) |
Balance at December 31, 2020 | 13,548,690 |  |  | 7,957,616 |  |  | 2,365,145 |  |  | 23,871,451 |
Goodwill acquired | 557,044 |  |  | — |  |  | 431,797 |  |  | 988,841 |
Effect of foreign currency translation | (36,192) |  |  | (3,163) |  |  | (1,663) |  |  | (41,018) |
Measurement-period adjustments | (5,860) |  |  | — |  |  | (140) |  |  | (6,000) |
Balance at December 31, 2021 | $ | 14,063,682 |  |  | $ | 7,954,453 |  |  | $ | 2,795,139 |  |  | $ | 24,813,274 |
Schedule of Expected Amortization Expense | The estimated amortization expense of acquired intangibles as of December 31, 2021 for the next five years, calculated using the currency exchange rate at the date of acquisition, if applicable, is as follows (in thousands):
2022 | $ | 1,295,054 |
2023 | 1,226,690 |
2024 | 1,173,996 |
2025 | 1,110,748 |
2026 | 979,483 |

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