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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the changes in the carrying value of goodwill by reportable segment for the periods presented:
 
EES
CSSUBSTotal
(In thousands)
Balance as of January 1, 2021
$853,456 $1,115,500 $1,218,213 $3,187,169 
Adjustments to goodwill for acquisitions(1)
1,124 8,603 4,215 13,942 
Foreign currency exchange rate changes and other6,378 (2,391)3,235 7,222 
Balance as of December 31, 2021
$860,958 $1,121,712 $1,225,663 $3,208,333 
Adjustments to goodwill for acquisitions(2)
— 97,426 — 97,426 
Foreign currency exchange rate changes(35,459)(10,241)(19,128)(64,828)
Balance as of December 31, 2022
$825,499 $1,208,897 $1,206,535 $3,240,931 
(1)    Reflects 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 6, “Acquisitions and Disposals”.
(2)    Adjustments to goodwill reflect the preliminary allocation of the purchase price paid to acquire Rahi Systems, as disclosed in Note 6, “Acquisitions and Disposals”, which is part of the CSS segment.
Schedule of Intangible Assets by Major Class
The components of intangible assets are as follows:
 December 31, 2022December 31, 2021
Life (in years)
Gross Carrying
Amount (1)
Accumulated
Amortization (1)
Net
Carrying
Amount
Gross Carrying
Amount (1)
Accumulated
Amortization (1)
Net
Carrying
Amount
 (In thousands)
Intangible assets:      
TrademarksIndefinite$792,080 $— $792,080 $795,065 $— $795,065 
Customer relationships
10 - 20
1,515,994 (377,645)1,138,349 1,431,251 (308,180)1,123,071 
Distribution agreements
15 - 19
29,212 (24,388)4,824 29,212 (22,714)6,498 
Trademarks
5 - 12
15,543 (7,396)8,147 38,758 (20,058)18,700 
Non-compete agreements
2
— — — 4,300 (3,493)807 
  $2,352,829 $(409,429)$1,943,400 $2,298,586 $(354,445)$1,944,141 
(1)Excludes the original cost and related accumulated amortization of fully-amortized intangible assets.
Schedule of Expected Amortization Expense
The following table sets forth the remaining estimated amortization expense for intangible assets for the next five years and thereafter:
For the year ending December 31,(In thousands)
2023$88,498 
202486,088 
202583,015 
202677,663 
202774,769 
Thereafter741,287