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GOODWILL (Notes) | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets Disclosure | The following table sets forth the changes in the carrying value of goodwill by reportable segment for the period presented:
| Six Months Ended
| June 30, 2023
| EES |  | CSS |  | UBS |  | Total
| (In millions)
Beginning balance, January 1 | $ | 825.5 |  |  | $ | 1,208.9 |  |  | $ | 1,206.5 |  |  | $ | 3,240.9 |
Foreign currency exchange rate changes | 12.3 |  |  | 1.1 |  |  | 6.1 |  |  | 19.5 |
Adjustments to goodwill for acquisitions(1) | — |  |  | 6.2 |  |  | — |  |  | 6.2 |
Ending balance, June 30 | $ | 837.8 |  |  | $ | 1,216.2 |  |  | $ | 1,212.6 |  |  | $ | 3,266.6 |
(1) Reflects the effect on goodwill of adjustments to the assets acquired and liabilities assumed in the acquisition of Rahi Systems since their initial measurement, which is part of the CSS segment, as described in Note 4, "Acquisitions". The components of intangible assets are as follows:
|  | As of
|  | June 30, 2023 |  | December 31, 2022
| 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 millions)
Trademarks | Indefinite | $ | 793.0 |  |  | $ | — |  |  | $ | 793.0 |  |  | $ | 792.1 |  |  | $ | — |  |  | $ | 792.1 |
Customer relationships | 10 - 20 | 1,521.7 |  |  | (423.8) |  |  | 1,097.9 |  |  | 1,516.0 |  |  | (377.6) |  |  | 1,138.4 |
Distribution agreements | 15 and 19 | 29.2 |  |  | (25.2) |  |  | 4.0 |  |  | 29.2 |  |  | (24.4) |  |  | 4.8 |
Trademarks | 5 and 12 | 15.5 |  |  | (8.4) |  |  | 7.1 |  |  | 15.5 |  |  | (7.4) |  |  | 8.1 |
|  | $ | 2,359.4 |  |  | $ | (457.4) |  |  | $ | 1,902.0 |  |  | $ | 2,352.8 |  |  | $ | (409.4) |  |  | $ | 1,943.4 |
(1) Excludes the original cost and related accumulated amortization of fully-amortized intangible assets. Amortization expense related to intangible assets totaled $22.4 million and $24.7 million for the three months ended June 30, 2023 and 2022, respectively, and $44.4 million and $50.4 million for the six months ended June 30, 2023 and 2022, respectively. 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 millions)
2023 | $ | 44.6 |
2024 | 86.3 |
2025 | 83.2 |
2026 | 77.8 |
2027 | 74.9 |
Thereafter | 742.2 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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