XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.25.1

Goodwill and Other Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets. The excess of the Company’s reorganization value over the fair value of identified tangible and intangible assets as of the August 11, 2023, the effective date of the Company's 2023 restructuring proceedings is reported separately on the Company’s Condensed Consolidated Statement of Financial Position as goodwill. In accordance with the Company's accounting policy, goodwill and intangibles are tested for impairment annually during the fourth quarter or earlier if a triggering event is identified. The changes in the carrying amount of goodwill for the three months ended March 31, 2025:
| Banking |  | Retail |  | Total |
Goodwill, balance at January 1, 2025 | $ | 448.4 |  |  | $ | 138.0 |  |  | $ | 586.4 |  |
Currency translation adjustment | 13.3 |  |  | 4.2 |  |  | 17.5 |  |
Goodwill, balance at March 31, 2025 | $ | 461.7 |  |  | $ | 142.2 |  |  | $ | 603.9 |  |
The following summarizes information on Intangible assets by major category:
|  | March 31, 2025 |  |  | December 31, 2024
| Weighted-average remaining useful lives | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | 15.9 years | $ | 541.8 |  |  | $ | (50.5) |  |  | $ | 491.3 |  |  |  | $ | 523.8 |  |  | $ | (41.1) |  |  | $ | 482.7 |
Trademarks and trade names | 17.0 years | 117.3 |  |  | (10.3) |  |  | 107.0 |  |  |  | 114.5 |  |  | (8.5) |  |  | 106.0 |
Capitalized software development | 3.1 years | 43.0 |  |  | (8.8) |  |  | 34.2 |  |  |  | 46.9 |  |  | (6.1) |  |  | 40.8 |
Technology know-how and development costs non-software | 4.6 years | 190.8 |  |  | (50.3) |  |  | 140.5 |  |  |  | 186.2 |  |  | (41.3) |  |  | 144.9 |
Other intangibles | < 1.0 year | 49.9 |  |  | (38.9) |  |  | 11.0 |  |  |  | 38.3 |  |  | (34.1) |  |  | 4.2 |
Other intangible assets, net |  | 401.0 |  |  | (108.3) |  |  | 292.7 |  |  |  | 385.9 |  |  | (90.0) |  |  | 295.9 |
Total |  | $ | 942.8 |  |  | $ | (158.8) |  |  | $ | 784.0 |  |  |  | $ | 909.7 |  |  | $ | (131.1) |  |  | $ | 778.6 |
The Company's total amortization expense, excluding that related to deferred financing costs, was $25.4 and 26.4 for the three months ended March 31, 2025 and 2024, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration