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GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET | 3 Months Ended
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Mar. 31, 2024
GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET |
GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET | (6) GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET A summary of acquired intangible assets and goodwill activity for the three months ended March 31, 2024 is presented below:
(in millions) |  | Acquired Intangible Assets |  |  | Goodwill |  |  | Total Intangible Assets |
Balance as of December 31, 2023 |  | $ | 167.6 |  |  | $ | 847.5 |  |  | $ | 1,015.1 |
Increases (decreases): |  |  |  |  |  |  |  |  |
Acquisition |  | 51.0 |  |  | 18.4 |  |  | 69.4 |
Amortization |  | (5.5 | ) |  | — |  |  | (5.5 | )
Foreign currency exchange rate changes |  | (4.2 | ) |  | (17.1 | ) |  | (21.3 | )
Balance as of March 31, 2024 |  | $ | 208.9 |  |  | $ | 848.8 |  |  | $ | 1,057.7 |
Of the total goodwill balance of $848.8 million as of March 31, 2024, $382.4 million relates to the Money Transfer Segment, $342.9 million relates to the EFT Processing Segment and the remaining $123.5 million relates to the epay Segment. Estimated amortization expense on acquired intangible assets with finite lives as of March 31, 2024, is expected to total $12.4 million for the remainder of 2024, $14.3 million for 2025, $14.0 million for 2026, $12.7 million for 2027, $12.3 million for 2028 and $12.3 million for 2029.

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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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