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GOODWILL (Notes) | 9 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets Disclosure | Goodwill The following table sets forth the changes in the carrying value of goodwill:
| Nine Months Ended
| September 30, 2021
| EES |  | CSS |  | UBS |  | Total
| (In thousands)
Beginning balance January 1(1) | $ | 853,456 |  |  | $ | 1,115,500 |  |  | $ | 1,218,213 |  |  | $ | 3,187,169 |
Adjustments to goodwill for acquisitions (Note 4)(2) | 1,124 |  |  | 8,602 |  |  | 4,215 |  |  | 13,941 |
Foreign currency exchange rate changes | 1,679 |  |  | (2,188) |  |  | 1,087 |  |  | 578 |
Ending balance September 30 | $ | 856,259 |  |  | $ | 1,121,914 |  |  | $ | 1,223,515 |  |  | $ | 3,201,688 |
(1) The beginning balance excludes $26.1 million of goodwill that was classified as held for sale in the UBS segment as of December 31, 2020 and disposed in the first quarter of 2021 as part of the divestitures disclosed in Note 4, "Acquisitions and Disposals". (2) Includes the effect on goodwill of the adjustments to the assets acquired and liabilities assumed in the merger with Anixter since their initial measurement, as described in Note 4, "Acquisitions and Disposals". Intangible Assets The components of intangible assets are as follows:
|  | September 30, 2021 |  | December 31, 2020
| Life (in years) | Gross Carrying Amount (1) |  | Accumulated Amortization (1) |  | Net Carrying Amount |  | Gross Carrying Amount (1) |  | Accumulated Amortization (1) |  | Net Carrying Amount
Intangible assets: |  | (In thousands)
Trademarks | Indefinite | $ | 794,915 |  |  | $ | — |  |  | $ | 794,915 |  |  | $ | 833,793 |  |  | $ | — |  |  | $ | 833,793 |
Customer relationships(2) | 10 - 20 | 1,431,265 |  |  | (287,565) |  |  | 1,143,700 |  |  | 1,434,554 |  |  | (227,585) |  |  | 1,206,969 |
Distribution agreements(2) | 10 - 19 | 29,212 |  |  | (22,297) |  |  | 6,915 |  |  | 29,212 |  |  | (21,040) |  |  | 8,172 |
Trademarks(2) | Less than 1 - 15 | 63,899 |  |  | (32,964) |  |  | 30,935 |  |  | 24,898 |  |  | (11,415) |  |  | 13,483 |
Non-compete agreements | 2 | 4,292 |  |  | (2,916) |  |  | 1,376 |  |  | 4,462 |  |  | (1,384) |  |  | 3,078 |
|  | $ | 2,323,583 |  |  | $ | (345,742) |  |  | $ | 1,977,841 |  |  | $ | 2,326,919 |  |  | $ | (261,424) |  |  | $ | 2,065,495 |
(1) Excludes the original cost and related accumulated amortization of fully-amortized intangible assets. (2) The net carrying amount as of December 31, 2020 excluded $1.0 million of trademarks, $3.3 million of customer relationships and $1.4 million of distribution agreements that were classified as held for sale and disposed in the first quarter of 2021 as part of the divestitures disclosed in Note 4, "Acquisitions and Disposals". Amortization expense related to intangible assets totaled $37.1 million and $27.3 million for the three months ended September 30, 2021 and 2020, respectively, and $85.8 million and $45.9 million for the nine months ended September 30, 2021 and 2020, respectively. For the three and nine months ended September 30, 2021, amortization expense includes $15.1 million and $20.2 million, respectively, resulting from the changes in estimated useful lives of certain legacy WESCO trademarks that are migrating to the Company's master brand architecture, as described in Note 2, "Accounting Policies". The following table sets forth the remaining estimated amortization expense for intangible assets for the next five years and thereafter:
For year ending December 31, | (In thousands)
2021 | $ | 33,814 |
2022 | 92,591 |
2023 | 83,294 |
2024 | 80,835 |
2025 | 77,719 |
Thereafter | 814,673 |

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