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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
As of December 31, 2024 and 2023, goodwill and other intangible assets consisted of the following: 

 20242023
 (in thousands)
Goodwill$26,286,318 $26,743,523 
Other intangible assets:
Customer-related intangible assets$10,354,686 $10,653,036 
Acquired technologies3,051,188 3,005,576 
Contract-based intangible assets2,310,430 2,254,273 
Trademarks and trade names1,048,181 1,074,631 
16,764,485 16,987,516 
Less accumulated amortization:
Customer-related intangible assets4,420,615 3,866,686 
Acquired technologies2,306,420 2,047,330 
Contract-based intangible assets439,237 309,886 
Trademarks and trade names666,270 595,568 
7,832,542 6,819,470 
$8,931,943 $10,168,046 
The following table sets forth the changes by reportable segment in the carrying amount of goodwill for the years ended December 31, 2024, 2023 and 2022:

Merchant SolutionsIssuer SolutionsConsumer SolutionsTotal
(in thousands)
Balance at December 31, 2021$14,063,682 $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, 202213,816,945 9,503,791 — 23,320,736 
Goodwill acquired (4)
3,283,285 — — 3,283,285 
Effect of foreign currency translation126,835 12,904 — 139,739 
Measurement-period adjustments(237)— — (237)
Balance at December 31, 202317,226,828 9,516,695 — 26,743,523 
Goodwill acquired193,252 — — 193,252 
Effect of foreign currency translation(223,564)(7,909)— (231,473)
Goodwill derecognized in connection with the sale of a business (5)
(438,911)— — (438,911)
Measurement-period adjustments19,927 — — 19,927 
Balance at December 31, 2024$16,777,532 $9,508,786 $— $26,286,318 

(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 during the year ended December 31, 2022, 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—Basis of Presentation and 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.

(4) Reflects goodwill acquired in connection with our EVO acquisition. See “Note 2—Acquisitions” for further discussion.

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

Accumulated impairment losses for goodwill were $357.9 million as of December 31, 2024 and 2023 and included in our Issuer Solutions segment.
Customer-related intangible assets, acquired technologies, contract-based intangible assets, and trademarks and trade names acquired during the year ended December 31, 2024 had weighted-average amortization periods of 6.7 years, 5.0 years, 6.3 years, and 7.0 years, respectively. Customer-related intangible assets, acquired technologies, contract-based intangible assets, and trademarks and trade names acquired during the year ended December 31, 2023 had weighted-average amortization periods of 10.8 years, 6.3 years, 12.0 years, and 2.0 years, respectively. Amortization expense of acquired intangibles was $1,369.3 million for the year ended December 31, 2024, $1,318.5 million for the year ended December 31, 2023 and $1,263.0 million for the year ended December 31, 2022.
 
The estimated amortization expense of acquired intangibles as of December 31, 2024 for the next five years, calculated using the currency exchange rate at the date of acquisition, if applicable, is as follows (in thousands):

2025$1,331,709 
20261,192,308 
2027955,966 
2028877,245 
2029790,785