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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for the six months ended June 30, 2024 are as follows:
(in millions) | Total
Beginning balance | $ | 287.4 |
Goodwill impairment | (0.8) |
Translation adjustments | (0.3) |
Ending balance | $ | 286.3 |
Schedule of Amortizable Intangible Assets | The following summarizes the amounts reported as intangible assets:
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net
At June 30, 2024 |  |  |  |  |
Developed technologies | $ | 624.1 |  |  | $ | (315.1) |  |  | $ | 309.0 |
Internal-use software | 1.6 |  |  | (0.4) |  |  | 1.2 |
Internal-use software (in-process) | 16.0 |  |  | — |  |  | 16.0 |
Customer relationships | 1.6 |  |  | (0.3) |  |  | 1.3 |
Trademarks | 6.1 |  |  | (1.0) |  |  | 5.1 |
Total intangible assets | 649.4 |  |  | $ | (316.8) |  |  | 332.6 |
Reclassification of assets held for sale | (21.6) |  |  | $ | 8.5 |  |  | (13.1) |
Total intangible assets | $ | 627.8 |  |  | $ | (308.3) |  |  | $ | 319.5 |
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net
At December 31, 2023 |  |  |  |  |
Developed technologies | $ | 626.1 |  |  | $ | (295.3) |  |  | $ | 330.8 |
Internal-use software | 0.8 |  |  | (0.1) |  |  | 0.7 |
Internal-use software (in-process) | 11.2 |  |  | — |  |  | 11.2 |
Customer relationships | 1.6 |  |  | (0.2) |  |  | 1.4 |
Trademarks | 6.1 |  |  | (0.7) |  |  | 5.4 |
Total intangible assets | $ | 645.8 |  |  | $ | (296.3) |  |  | $ | 349.5 |
Schedule of Non-amortizable Intangible Assets | The following summarizes the amounts reported as intangible assets:
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net
At June 30, 2024 |  |  |  |  |
Developed technologies | $ | 624.1 |  |  | $ | (315.1) |  |  | $ | 309.0 |
Internal-use software | 1.6 |  |  | (0.4) |  |  | 1.2 |
Internal-use software (in-process) | 16.0 |  |  | — |  |  | 16.0 |
Customer relationships | 1.6 |  |  | (0.3) |  |  | 1.3 |
Trademarks | 6.1 |  |  | (1.0) |  |  | 5.1 |
Total intangible assets | 649.4 |  |  | $ | (316.8) |  |  | 332.6 |
Reclassification of assets held for sale | (21.6) |  |  | $ | 8.5 |  |  | (13.1) |
Total intangible assets | $ | 627.8 |  |  | $ | (308.3) |  |  | $ | 319.5 |
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net
At December 31, 2023 |  |  |  |  |
Developed technologies | $ | 626.1 |  |  | $ | (295.3) |  |  | $ | 330.8 |
Internal-use software | 0.8 |  |  | (0.1) |  |  | 0.7 |
Internal-use software (in-process) | 11.2 |  |  | — |  |  | 11.2 |
Customer relationships | 1.6 |  |  | (0.2) |  |  | 1.4 |
Trademarks | 6.1 |  |  | (0.7) |  |  | 5.4 |
Total intangible assets | $ | 645.8 |  |  | $ | (296.3) |  |  | $ | 349.5 |
Schedule of Recorded Amortization Expense for Intangible Assets | The Company recorded amortization expense during the respective periods for these intangible assets as follows:
| Three months ended June 30, |  | Six months ended June 30,
(in millions) | 2024 |  |  | 2023 |  | 2024 |  |  | 2023
Amortization of intangible assets | $ | 10.6 |  |  |  | $ | 10.6 |  |  | $ | 21.4 |  |  |  | $ | 21.3 |

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