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Goodwill and Acquired Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Acquired Intangible Assets, Net  
Schedule of intangible assets

 

 

As of December 31, 2023

 

As of December 31, 2022

(in millions)

 

Gross Carrying Amount

 

Accumulated Amortization

 

Gross Carrying Amount

 

Accumulated Amortization

Customer relationships

 

$

270.5

 

 

$

(121.4

)

 

$

279.1

 

 

$

(117.0

)

Trademarks and trade names

 

56.4

 

 

(54.6

)

 

43.9

 

 

(33.7

)

Software

 

44.6

 

 

(36.3

)

 

54.6

 

 

(48.4

)

Non-compete agreements

 

10.2

 

 

(1.8

)

 

9.9

 

 

(0.1

)

     Total

 

$

381.7

 

 

$

(214.1

)

 

$

387.5

 

 

$

(199.2

)
Schedule of goodwill and amortizable intangible assets

(in millions)

 

Acquired Intangible Assets

 

Goodwill

 

Total Intangible Assets

Balance as of January 1, 2022

 

$

97.8

 

 

$

641.6

 

 

$

739.4

 

Increases (decreases):

 

 

 

 

 

 

 

 

 

Acquisitions (see footnote 6)
124.8

224.3
349.1

Amortization

 

(27.0

)

 

 

 

(27.0

)

Other (primarily changes in foreign currency exchange rates)

 

(7.3

)

 

(37.6

)

 

(44.9

)

Balance as of December 31, 2022

 

188.3

 

 

828.3

 

 

1,016.6

 

Increases (decreases):

 

 

 

 

 

 

Acquisitions (see footnote 6)


1.3

1.3

Amortization

 

(24.5

)

 

 

 

(24.5

)

Other (primarily changes in foreign currency exchange rates)

 

3.8

 

17.9

 

21.7

Balance as of December 31, 2023

 

$

167.6

 

 

$

847.5

 

 

$

1,015.1