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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Change in goodwill:
|  | Nine Months Ended September 30,
|  | 2024 |  | 2023
January 1 |  | $ | 10,082.3 |  |  | $ | 9,734.3 |
Acquisitions |  | 751.1 |  |  | 30.6 |
Noncontrolling interests in acquired businesses |  | 24.4 |  |  | 90.7 |
Contingent purchase price obligations of acquired businesses |  | — |  |  | 170.1 |
Dispositions |  | (6.0) |  |  | (119.0) |
Foreign currency translation |  | 76.2 |  |  | (17.3) |
September 30 |  | $ | 10,928.0 |  |  | $ | 9,889.4 |
The increase in goodwill during the nine months ended September 30, 2024 is primarily attributable to the acquisition of Flywheel Digital. There were no goodwill impairment charges recorded in the nine months ended September 30, 2024 and 2023, and there are no accumulated goodwill impairment charges. Intangible assets:
| September 30, 2024 |  | December 31, 2023
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Acquired intangible assets and internally developed strategic platform assets | $ | 1,136.2 |  |  | $ | (629.4) |  |  | $ | 506.8 |  |  | $ | 902.6 |  |  | $ | (572.9) |  |  | $ | 329.7 |
Other purchased and internally developed software | 282.7 |  |  | (250.1) |  |  | 32.6 |  |  | 327.9 |  |  | (290.7) |  |  | 37.2 |
Total Intangible Assets | $ | 1,418.9 |  |  | $ | (879.5) |  |  | $ | 539.4 |  |  | $ | 1,230.5 |  |  | $ | (863.6) |  |  | $ | 366.9 |
Amortization of intangible assets:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Acquired intangible assets and internally developed strategic platform assets | $ | 22.2 |  |  | $ | 15.7 |  |  | $ | 65.2 |  |  | $ | 45.2 |
Other purchased and internally developed software | 4.3 |  |  | 4.6 |  |  | 13.4 |  |  | 13.7 |
Amortization Expense | $ | 26.5 |  |  | $ | 20.3 |  |  | $ | 78.6 |  |  | $ | 58.9 |
We completed our annual goodwill impairment test as of May 1, 2024. The market assumptions used in our assessment reflected the current economic environment (see Note 1- Risks and Uncertainties). Based on the results of our impairment test, we concluded that at May 1, 2024 our goodwill was not impaired.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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