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GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 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 six months ended June 30, 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 | (10,089) |  |  | (2,585) |  |  | (669) |  |  | (13,343) |
Balance as of June 30, 2024 | $ | 498,358 |  |  | $ | 284,512 |  |  | $ | 167,205 |  |  | $ | 950,075 |
The table below shows a summary of intangible assets as of June 30, 2024 and December 31, 2023.
|  |  | June 30, 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 | 10.0 |  | $ | 7,139 |  |  | $ | (1,968) |  |  | $ | 5,171 |  |  | $ | 7,362 |  |  | $ | (1,754) |  |  | $ | 5,608 |
Acquired technology | 11.2 |  | 140,643 |  |  | (75,255) |  |  | 65,388 |  |  | 142,837 |  |  | (70,520) |  |  | 72,317 |
Customer relationships | 13.6 |  | 305,349 |  |  | (135,198) |  |  | 170,151 |  |  | 308,889 |  |  | (124,648) |  |  | 184,241 |
Trademarks and trade names | 8.0 |  | 43,078 |  |  | (35,188) |  |  | 7,890 |  |  | 43,932 |  |  | (33,368) |  |  | 10,564 |
License agreements and other | 32.7 |  | 16,846 |  |  | (7,116) |  |  | 9,730 |  |  | 17,213 |  |  | (6,732) |  |  | 10,481 |
Total intangible assets | 13.5 |  | $ | 513,055 |  |  | $ | (254,725) |  |  | $ | 258,330 |  |  | $ | 520,233 |  |  | $ | (237,022) |  |  | $ | 283,211 |
Aggregate amortization expense for the intangible assets above for the quarters ended June 30, 2024 and 2023 was $10,351 and $11,131, respectively. Aggregate amortization expense for the intangible assets above for the six months ended June 30, 2024 and 2023 was $21,674 and $22,094, respectively. As of June 30, 2024, future estimated amortization expense for the years ending December 31 is as follows:
2024 | $ | 20,276 |  |  | (remaining estimated amortization for 2024)
2025 | 39,880 |  |  |
2026 | 37,563 |  |  |
2027 | 30,410 |  |  |
2028 | 21,174 |  |  |
Thereafter | 109,027 |  |  |
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, 2024.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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