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GOODWILL AND OTHER INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2024
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 three months ended March 31, 2024 by reporting segment were as follows:
| Aptar Pharma |  | Aptar Beauty |  | Aptar Closures |  | Total
Balance as of December 31, 2023 | $ | 508,447 |  |  | $ | 287,097 |  |  | $ | 167,874 |  |  | $ | 963,418 |
Foreign currency exchange effects | (7,739) |  |  | (1,857) |  |  | (567) |  |  | (10,163) |
Balance as of March 31, 2024 | $ | 500,708 |  |  | $ | 285,240 |  |  | $ | 167,307 |  |  | $ | 953,255 |
The table below shows a summary of intangible assets as of March 31, 2024 and December 31, 2023.
|  |  | March 31, 2024 |  | December 31, 2023
Weighted Average Amortization Period (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Value
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 9.9 |  | $ | 7,239 |  |  | $ | (1,882) |  |  | $ | 5,357 |  |  | $ | 7,362 |  |  | $ | (1,754) |  |  | $ | 5,608 |
Acquired technology | 11.2 |  | 140,840 |  |  | (72,926) |  |  | 67,914 |  |  | 142,837 |  |  | (70,520) |  |  | 72,317 |
Customer relationships | 13.5 |  | 306,749 |  |  | (129,631) |  |  | 177,118 |  |  | 308,889 |  |  | (124,648) |  |  | 184,241 |
Trademarks and trade names | 7.9 |  | 43,519 |  |  | (34,532) |  |  | 8,987 |  |  | 43,932 |  |  | (33,368) |  |  | 10,564 |
License agreements and other | 32.3 |  | 16,935 |  |  | (6,886) |  |  | 10,049 |  |  | 17,213 |  |  | (6,732) |  |  | 10,481 |
Total intangible assets | 13.4 |  | $ | 515,282 |  |  | $ | (245,857) |  |  | $ | 269,425 |  |  | $ | 520,233 |  |  | $ | (237,022) |  |  | $ | 283,211 |
Aggregate amortization expense for the intangible assets above for the three months ended March 31, 2024 and 2023 was $11,323 and $10,963, respectively. As of March 31, 2024, future estimated amortization expense for the years ending December 31 is as follows:
2024 | $ | 31,287 |  |  | (remaining estimated amortization for 2024)
2025 | 39,865 |  |  |
2026 | 37,545 |  |  |
2027 | 30,284 |  |  |
2028 | 21,166 |  |  |
Thereafter | 109,278 |  |  |
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 March 31, 2024.

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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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