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GOODWILL AND OTHER INTANGIBLE ASSETS | 9 Months Ended
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Sep. 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 nine months ended September 30, 2023 by reporting segment were 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 | (5,191) |  |  | (1,025) |  |  | (148) |  |  | (6,364) |
Balance as of September 30, 2023 | $ | 493,551 |  |  | $ | 282,169 |  |  | $ | 167,317 |  |  | $ | 943,037 |
The table below shows a summary of intangible assets as of September 30, 2023 and December 31, 2022.
|  |  | September 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 | 9.8 |  | $ | 7,181 |  |  | $ | (1,617) |  |  | $ | 5,564 |  |  | $ | 8,044 |  |  | $ | (1,968) |  |  | $ | 6,076 |
Acquired technology | 11.4 |  | 136,860 |  |  | (65,378) |  |  | 71,482 |  |  | 135,191 |  |  | (56,628) |  |  | 78,563 |
Customer relationships | 13.5 |  | 304,726 |  |  | (116,570) |  |  | 188,156 |  |  | 305,994 |  |  | (99,130) |  |  | 206,864 |
Trademarks and trade names | 7.5 |  | 44,140 |  |  | (32,555) |  |  | 11,585 |  |  | 43,998 |  |  | (28,190) |  |  | 15,808 |
License agreements and other | 31.4 |  | 16,910 |  |  | (6,466) |  |  | 10,444 |  |  | 15,425 |  |  | (6,992) |  |  | 8,433 |
Total intangible assets | 13.3 |  | $ | 509,817 |  |  | $ | (222,586) |  |  | $ | 287,231 |  |  | $ | 508,652 |  |  | $ | (192,908) |  |  | $ | 315,744 |
Aggregate amortization expense for the intangible assets above for the quarters ended September 30, 2023 and 2022 was $11,400 and $10,678, respectively. Aggregate amortization expense for the intangible assets above for the nine months ended September 30, 2023 and 2022 was $33,494 and $32,772, respectively. As of September 30, 2023, future estimated amortization expense for the years ending December 31 is as follows:
2023 | $ | 11,473 |  |  | (remaining estimated amortization for 2023)
2024 | 41,267 |  |  |
2025 | 39,565 |  |  |
2026 | 37,287 |  |  |
2027 | 26,026 |  |  |
Thereafter | 131,613 |  |  |
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 September 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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