The changes in the carrying amount of goodwill reported in our segments were as follows:

(1)	Relates to the sale of our India asset management business.

(2)	Relates to the buyout of the minority interest in RobustWealth, Inc. and realignment of the business.

(3)	Resulted from a change in the allocation of equity between our reportable operating segments following the Reinsurance Transaction.

Finite Lived Intangible Assets

Amortized intangible assets primarily relate to customer relationship intangibles associated with our acquisition of the Institutional Retirement & Trust business of Wells Fargo Bank, N.A. (the “Acquired Business”) and previous acquisitions in Chile, Mexico and Hong Kong. The finite lived intangible assets that continue to be subject to amortization over a weighted average remaining expected life of 16 years were as follows:


	December 31,
	2022		2021

	(in millions)
Gross carrying value	$	1,235.1	$	1,262.8
Accumulated amortization		472.6		432.1
Net carrying value	$	762.5	$	830.7

During 2022 and 2021, we fully amortized other finite lived intangible assets of $34.4 million and $15.0 million, respectively.

The amortization expense for intangible assets with finite useful lives was $70.7 million, $75.3 million and $73.5 million for 2022, 2021 and 2020, respectively. As of December 31, 2022, the estimated amortization expense for the next five years is as follows (in millions):


Year ending December 31:
2023	$	67.3
2024		66.3
2025		61.0
2026		56.9
2027		56.7

Indefinite Lived Intangible Assets

The net carrying amount of unamortized indefinite lived intangible assets was $770.8 million and $769.9 million as of December 31, 2022 and 2021, respectively. As of both December 31, 2022 and 2021, $608.0 million relates to investment management contracts associated with our acquisition of WM Advisors, Inc. in 2006. The remaining balance primarily relates to the trade name intangible associated with our acquisition of Administradora de Fondos de Pensiones Cuprum S.A. (“Cuprum”) in 2013.