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Other Intangible Assets
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

Note 7 – Other Intangible Assets

Other intangible assets are summarized as follows:

(in millions)

 

September 30,
2025

 

 

December 31,
2024

 

Finite-lived intangible assets:

 

 

 

 

 

 

Customer relationships

 

$

148.7

 

 

$

160.8

 

Noncompete agreements

 

 

4.8

 

 

 

10.5

 

Trademarks

 

 

72.6

 

 

 

70.7

 

Internal-use software licenses

 

 

19.5

 

 

 

21.7

 

Patents

 

 

2.8

 

 

 

2.8

 

 

 

248.4

 

 

 

266.5

 

Accumulated amortization

 

 

(158.9

)

 

 

(158.2

)

 

 

89.5

 

 

 

108.3

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

Licenses

 

 

16.9

 

 

 

16.9

 

 

$

106.4

 

 

$

125.2

 

Amortization expense for finite-lived intangible assets was $9.8 million and $28.4 million for the three and nine months ended September 30, 2025, respectively, and $10.7 million and $34.2 million for the three and nine months ended September 30, 2024, respectively.

 

 

 

Estimated amortization expense for finite-lived intangible assets for the next five years is as follows:

Year

 

(in millions)

 

Remainder of 2025

 

$

8.8

 

2026

 

$

30.5

 

2027

 

$

14.2

 

2028

 

$

8.5

 

2029

 

$

6.0

 

2030

 

$

5.2