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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of Goodwill and Intangible Assets
As of March 31, 2025 and December 31, 2024, goodwill and other intangible assets consisted of the following:
 March 31, 2025December 31, 2024
 (in thousands)
Goodwill$16,898,471 $16,777,532 
Other intangible assets:
Customer-related intangible assets$5,158,640 $5,115,719 
Acquired technologies1,943,359 1,935,461 
Contract-based intangible assets2,224,265 2,186,714 
Trademarks and trade names468,446 468,155 
9,794,710 9,706,049 
Less accumulated amortization:
Customer-related intangible assets3,007,867 2,885,615 
Acquired technologies1,524,584 1,472,833 
Contract-based intangible assets452,926 407,453 
Trademarks and trade names415,042 412,766 
5,400,419 5,178,667 
$4,394,291 $4,527,382 
As of December 31, 2024 and 2023, goodwill and other intangible assets consisted of the following: 
 20242023
 (in thousands)
Goodwill$16,777,532 $17,226,828 
Other intangible assets:
Customer-related intangible assets$5,115,719 $5,410,691 
Acquired technologies1,935,461 1,889,315 
Contract-based intangible assets2,186,714 2,130,186 
Trademarks and trade names468,155 494,319 
9,706,049 9,924,511 
Less accumulated amortization:
Customer-related intangible assets2,885,615 2,647,535 
Acquired technologies1,472,833 1,373,906 
Contract-based intangible assets407,453 287,309 
Trademarks and trade names412,766 390,134 
5,178,667 4,698,884 
$4,527,382 $5,225,627 
Schedule of Reportable Segment in Carrying Amount of Goodwill
The following table sets forth the changes in the carrying amount of goodwill for the three months ended March 31, 2025:

Merchant Solutions
(in thousands)
Balance at December 31, 2024$16,777,532 
Effect of foreign currency translation117,469 
Measurement period adjustments3,470 
Balance at March 31, 2025$16,898,471 
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 SolutionsConsumer SolutionsTotal
(in thousands)
Balance at December 31, 2021$14,063,682 $841,578 14,905,260 
Goodwill acquired3,296 — 3,296 
Effect of foreign currency translation(66,251)— (66,251)
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)— (2,958)
Balance at December 31, 202213,816,945 — 13,816,945 
Goodwill acquired (4)
3,283,285 — 3,283,285 
Effect of foreign currency translation126,835 — 126,835 
Measurement-period adjustments(237)— (237)
Balance at December 31, 202317,226,828 — 17,226,828 
Goodwill acquired193,252 — 193,252 
Effect of foreign currency translation(223,564)— (223,564)
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 $— $16,777,532 

(1) Reflects goodwill derecognized in connection with the sale of our Merchant Solutions business in Russia. See “Note 3—Business Dispositions and Discontinued Operations” 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, a portion of the accumulated impairment losses associated with our former Business and Consumer Solutions reporting unit was reallocated based on relative fair value to our Issuer Solutions reporting unit, which is now classified as a discontinued operation. See "Note 1—Basis of Presentation and Summary of Significant Accounting Policies" for further discussion on the goodwill impairment charge.

(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 and Discontinued Operations” 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 and Discontinued Operations” for further discussion.
Schedule of Expected Amortization Expense  
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$791,025 
2026694,425 
2027567,681 
2028496,020 
2029411,673