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GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET (Tables)
3 Months Ended
Mar. 31, 2024
GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET  
Schedule of acquired intangible assets and goodwill activity
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