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Goodwill
3 Months Ended
Mar. 31, 2025
Goodwill  
Goodwill

Note 5. Goodwill

The change in the carrying amount of goodwill is as follows:

   

   

(in millions)

Balance as of January 1, 2025

$

2,161.8

Acquisitions

3.5

Effect of foreign currency translation

0.3

Balance as of March 31, 2025

$

2,165.6

We had no accumulated impairment losses related to goodwill as of March 31, 2025 and December 31, 2024.