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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Other Intangible Assets  
Goodwill (Table)

    

Retirement

    

Principal

    

    

    

and Income

Asset

Benefits and

Solutions

Management

Protection

Corporate

Consolidated

(in millions)

Balance as of January 1, 2023

$

675.9

$

892.8

$

29.5

$

$

1,598.2

Foreign currency

10.3

10.3

Balance as of December 31, 2023

675.9

903.1

29.5

1,608.5

Goodwill from acquisitions (1)

11.3

11.3

Foreign currency

(70.1)

(70.1)

Balance as of December 31, 2024

$

687.2

$

833.0

$

29.5

$

$

1,549.7

(1)Relates to the acquisition of employee stock ownership plan business from Ascensus within our Retirement and Income Solutions segment.
Finite Lived Intangible Assets (Table)

December 31, 

    

2024

    

2023

(in millions)

Gross carrying value

$

1,157.9

$

1,215.1

Accumulated amortization

 

523.1

512.7

Net carrying value

$

634.8

$

702.4

Other Finite Lived Intangible Assets Estimated Amortization Expense (Table) As of December 31, 2024, the estimated amortization expense for the next five years is as follows (in millions):

Year ending December 31:

    

2025

$

60.1

2026

56.1

2027

55.9

2028

40.9

2029

39.6