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INTANGIBLE ASSETS AND GOODWILL (Tables)
6 Months Ended
Jun. 30, 2025
INTANGIBLE ASSETS AND GOODWILL  
Schedule of intangible assets

June 30, 2025

    

Gross Carrying 

    

Accumulated 

    

Net Carrying 

    

Weighted Average Remaining

Amount

Amortization

Amount

 

Useful Life (in years)

(in millions)

Technology

$

101.9

$

(75.1)

$

26.8

6.7

Customer relationships

 

171.5

(79.8)

 

91.7

8.1

Trademarks and other

 

27.3

(17.1)

 

10.2

4.1

Total

$

300.7

$

(172.0)

$

128.7

7.5

December 31, 2024

    

Gross Carrying 

    

Accumulated 

    

Net Carrying

Weighted Average Remaining

Amount

Amortization

 Amount

Useful Life (in years)

(in millions)

Technology

$

99.9

$

(70.0)

$

29.9

7.0

Customer relationships

 

168.9

(70.9)

 

98.0

8.5

Trademarks and other

 

27.1

(15.6)

 

11.5

4.6

Total

$

295.9

$

(156.5)

$

139.4

7.9

Schedule of amortization expense related to intangible assets

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2025

    

2024

    

2025

    

2024

(in millions)

Amortization expense

$

5.6

$

6.8

$

11.1

$

13.7

Schedule of estimated future amortization expense related to intangible assets

Year Ending December 31, 

    

(in millions)

2025 (remaining)

$

11.1

2026

 

20.1

2027

 

17.8

2028

 

16.6

2029

15.0

Thereafter

 

48.1

Total

$

128.7

Schedule of changes in goodwill

(in millions)

December 31, 2024

$

296.0

Foreign currency translation and other

4.9

June 30, 2025

    

$

300.9