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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the year ended December 31, 2023 are as follows:
(in millions)
Year Ended December 31, 2023
Beginning balance$286.8 
Translation adjustments0.6 
Carrying amount at end of period$287.4 
Schedule of Amortizable Intangible Assets
The following tables summarize the amounts reported as intangible assets (in millions):
At December 31, 2023:
Gross
Carrying Amount
Accumulated AmortizationNetWeighted-Average Useful Life
(in Years)
Weighted-Average Remaining Useful Life
(in Years)
Developed technologies$626.1 $(295.3)$330.8 14.48.1
Internal-use software
0.8 (0.1)0.7 3.02.5
Internal-use software (in-process)
11.2 — 11.2 3.03.0
Customer relationships1.6 (0.2)1.4 10.08.8
Trademarks6.1 (0.7)5.4 10.08.8
Total intangible assets$645.8 $(296.3)$349.5 13.97.9
At December 31, 2022:
Gross
Carrying Amount
Accumulated AmortizationNetWeighted-Average Useful Life
(in Years)
Weighted-Average Remaining Useful Life
(in Years)
Developed technologies$625.0 $(252.9)$372.1 14.49.1
Customer relationships1.6 — 1.6 10.09.8
Trademarks6.1 (0.1)6.0 10.09.8
Total intangible assets
$632.7 $(253.0)$379.7 14.49.1
Schedule of Non-amortizable Intangible Assets
The following tables summarize the amounts reported as intangible assets (in millions):
At December 31, 2023:
Gross
Carrying Amount
Accumulated AmortizationNetWeighted-Average Useful Life
(in Years)
Weighted-Average Remaining Useful Life
(in Years)
Developed technologies$626.1 $(295.3)$330.8 14.48.1
Internal-use software
0.8 (0.1)0.7 3.02.5
Internal-use software (in-process)
11.2 — 11.2 3.03.0
Customer relationships1.6 (0.2)1.4 10.08.8
Trademarks6.1 (0.7)5.4 10.08.8
Total intangible assets$645.8 $(296.3)$349.5 13.97.9
At December 31, 2022:
Gross
Carrying Amount
Accumulated AmortizationNetWeighted-Average Useful Life
(in Years)
Weighted-Average Remaining Useful Life
(in Years)
Developed technologies$625.0 $(252.9)$372.1 14.49.1
Customer relationships1.6 — 1.6 10.09.8
Trademarks6.1 (0.1)6.0 10.09.8
Total intangible assets
$632.7 $(253.0)$379.7 14.49.1
Schedule of Recorded Amortization for Intangible Assets
The Company recorded amortization during the respective periods for these intangible assets as follows:
Years Ended December 31,
(in millions)202320222021
Amortization of intangible assets$42.8 $41.1 $50.7 
Schedule of Future Amortization Expense of Intangible Assets
Future amortization expense of intangible assets as of December 31, 2023 is estimated to be as follows (in millions):
Years Ended December 31,Amortization Expense
2024
$45.0 
2025
46.3 
2026
46.5 
2027
44.7 
2028
43.4 
Thereafter123.6 
Total$349.5