XML 33 R21.htm IDEA: XBRL DOCUMENT v3.25.2
Goodwill and Identifiable Assets (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill by reportable segment is as follows (in millions):
CommercialFederal GovernmentTotal
Balance as of December 31, 2023
$1,075.8 $818.3 $1,894.1 
Translation adjustment(1.0)— (1.0)
Balance as of December 31, 2024
1,074.8 818.3 1,893.1 
Acquisition of TopBloc246.3 — 246.3 
Translation adjustment1.6 — 1.6 
Balance at June 30, 2025
$1,322.7 $818.3 $2,141.0 
Schedule of Acquired Intangible Assets
Acquired identifiable intangible assets consisted of the following (in millions):
June 30, 2025December 31, 2024
Estimated Useful Life in YearsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Subject to amortization:
Customer and contractual relationships
6 - 13
$447.4 $273.8 $173.6 $405.3 $245.0 $160.3 
Non-compete agreements
3 - 7
21.4 16.6 4.8 21.4 14.7 6.7 
Internally-developed software34.4 0.5 3.9 — — — 
473.2 290.9 182.3 426.7 259.7 167.0 
Not subject to amortization:
Trademarks305.2 — 305.2 272.8 — 272.8 
$778.4 $290.9 $487.5 $699.5 $259.7 $439.8 
Schedule of Estimated Future Amortization Expense
Estimated future amortization expense is as follows (in millions): 
 Remainder of 2025$33.3 
202654.1 
202741.2 
202823.1 
202917.0 
Thereafter13.6 
$182.3