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GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS The changes in the carrying amount of goodwill for the six months ended June 30, 2023 by reporting segment are as follows:
| Aptar Pharma |  | Aptar Beauty |  | Aptar Closures |  | Total
Balance as of December 31, 2022 | $ | 498,742 |  |  | $ | 319,011 |  |  | $ | 127,879 |  |  | $ | 945,632 |
Reclassification due to segment change | — |  |  | (39,472) |  |  | 39,472 |  |  | — |
Acquisitions | — |  |  | 3,655 |  |  | 114 |  |  | 3,769 |
Foreign currency exchange effects | 5,302 |  |  | 1,922 |  |  | 283 |  |  | 7,507 |
Balance as of June 30, 2023 | $ | 504,044 |  |  | $ | 285,116 |  |  | $ | 167,748 |  |  | $ | 956,908 |
The table below shows a summary of intangible assets as of June 30, 2023 and December 31, 2022.
|  |  | June 30, 2023 |  | December 31, 2022
Weighted Average Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 8.8 |  | $ | 8,174 |  |  | $ | (2,307) |  |  | $ | 5,867 |  |  | $ | 8,044 |  |  | $ | (1,968) |  |  | $ | 6,076 |
Acquired technology | 11.3 |  | 140,053 |  |  | (63,694) |  |  | 76,359 |  |  | 135,191 |  |  | (56,628) |  |  | 78,563 |
Customer relationships | 13.4 |  | 307,535 |  |  | (111,944) |  |  | 195,591 |  |  | 305,994 |  |  | (99,130) |  |  | 206,864 |
Trademarks and trade names | 7.3 |  | 44,781 |  |  | (31,522) |  |  | 13,259 |  |  | 43,998 |  |  | (28,190) |  |  | 15,808 |
License agreements and other | 36.3 |  | 15,854 |  |  | (7,440) |  |  | 8,414 |  |  | 15,425 |  |  | (6,992) |  |  | 8,433 |
Total intangible assets | 13.2 |  | $ | 516,397 |  |  | $ | (216,907) |  |  | $ | 299,490 |  |  | $ | 508,652 |  |  | $ | (192,908) |  |  | $ | 315,744 |
Aggregate amortization expense for the intangible assets above for the quarters ended June 30, 2023 and 2022 was $11,131 and $11,067, respectively. Aggregate amortization expense for the intangible assets above for the six months ended June 30, 2023 and 2022 was $22,094 and $22,094, respectively. Future estimated amortization expense for the years ending December 31 is as follows:
2023 | $ | 22,808 |  |  | (remaining estimated amortization for 2023)
2024 | 41,639 |  |  |
2025 | 39,910 |  |  |
2026 | 37,580 |  |  |
2027 | 25,568 |  |  |
Thereafter | 131,985 |  |  |
Future amortization expense may fluctuate depending on changes in foreign currency rates. The estimates for amortization expense noted above are based upon foreign exchange rates as of June 30, 2023.

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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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