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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets
As of December 31, 2022 and 2021, goodwill and other intangible assets consisted of the following: 

 20222021
 (in thousands)
Goodwill$23,320,736 $24,813,274 
Other intangible assets:
Customer-related intangible assets$9,524,922 $9,694,083 
Acquired technologies2,863,731 2,962,154 
Contract-based intangible assets1,741,321 2,258,676 
Trademarks and trade names1,067,745 1,271,302 
15,197,719 16,186,215 
Less accumulated amortization:
Customer-related intangible assets3,155,838 2,587,586 
Acquired technologies1,692,762 1,367,513 
Contract-based intangible assets197,478 180,975 
Trademarks and trade names493,267 416,432 
5,539,345 4,552,506 
$9,658,374 $11,633,709 
Schedule of Reportable Segment in Carrying Amount of Goodwill
The following table sets forth the changes by reportable segment in the carrying amount of goodwill for the years ended December 31, 2022, 2021 and 2020 and has been recast to align with the change in the presentation of segment information as further described in “Note 17—Segment Information:”

Merchant SolutionsIssuer SolutionsConsumer SolutionsTotal
(in thousands)
Balance at December 31, 2019$13,415,352 $9,506,319 $838,069 $23,759,740 
Goodwill acquired80,152 — — 80,152 
Effect of foreign currency translation54,548 14,182 — 68,730 
Measurement-period adjustments(1,362)(39,318)3,509 (37,171)
Balance at December 31, 202013,548,690 9,481,183 841,578 23,871,451 
Goodwill acquired557,044 431,797 — 988,841 
Effect of foreign currency translation(36,192)(4,826)— (41,018)
Measurement-period adjustments(5,860)(140)— (6,000)
Balance at December 31, 202114,063,682 9,908,014 841,578 24,813,274 
Goodwill acquired3,296 — — 3,296 
Effect of foreign currency translation(66,251)(29,009)— (95,260)
Goodwill derecognized in connection with the sale of a business (1)
(17,719)— — (17,719)
Impairment of goodwill (2)
— — (833,075)(833,075)
Reallocation of accumulated impairment losses due to change in reporting units (2)
— (357,933)357,933 — 
Reclassification of goodwill to assets held for sale (3)
(163,105)— (366,436)(529,541)
Measurement-period adjustments(2,958)(17,281)— (20,239)
Balance at December 31, 2022$13,816,945 $9,503,791 $— $23,320,736 

(1) Reflects goodwill derecognized in connection with the sale of our Merchant Solutions business in Russia. See “Note 3—Business Dispositions” for further discussion.

(2) Reflects a goodwill impairment charge related to our former Business and Consumer Solutions reporting unit. In connection with the change in presentation of segment information, accumulated impairment losses associated with our former Business and Consumer Solutions reporting unit were reallocated to our new reporting units based on relative fair value. See "Note 1— Summary of Significant Accounting Policies" for further discussion.

(3) Reflects the reclassification of goodwill in connection with the presentation of the consumer and gaming businesses as held for sale. See “Note 3—Business Dispositions” for further discussion.
Schedule of Expected Amortization Expense
The estimated amortization expense of acquired intangibles as of December 31, 2022 for the next five years, calculated using the currency exchange rate at the date of acquisition, if applicable, is as follows (in thousands):

2023$1,210,371 
20241,157,755 
20251,092,260 
2026960,261 
2027744,011