XML 61 R36.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 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 year ended December 31, 2024 are as follows:
(in millions)Year Ended December 31, 2024
Beginning balance$287.4 
Goodwill impairment(0.8)
Translation adjustments(0.3)
Ending balance$286.3 
Schedule of Amortizable Intangible Assets
The following tables summarize the amounts reported as intangible assets:
(in millions)Gross
Carrying
Amount
Accumulated
Amortization
NetWeighted-Average Useful Life
(in Years)
Weighted-Average Remaining Useful Life
(in Years)
At December 31, 2024
Developed technologies$560.1 $(326.5)$233.6 10.63.6
Internal-use software1.8 (0.7)1.1 3.01.9
Customer relationships1.6 (0.3)1.3 10.07.8
Trademarks6.1 (1.3)4.8 10.07.8
Internal-use software (in-process)21.6 — 21.6 
Total intangible assets$591.2 $(328.8)$262.4 
(in millions)Gross
Carrying
Amount
Accumulated
Amortization
NetWeighted-Average Useful Life
(in Years)
Weighted-Average Remaining Useful Life
(in Years)
At December 31, 2023
Developed technologies$626.1 $(295.3)$330.8 14.48.1
Internal-use software0.8 (0.1)0.7 3.02.5
Customer relationships1.6 (0.2)1.4 10.08.8
Trademarks6.1 (0.7)5.4 10.08.8
Internal-use software (in-process)11.2 — 11.2 
Total intangible assets$645.8 $(296.3)$349.5 
Schedule of Recorded Amortization for Intangible Assets
The Company recorded amortization during the respective periods for intangible assets as follows:
Years Ended December 31,
(in millions)202420232022
Amortization of intangible assets$42.1 $42.8 $41.1 
Schedule of Future Amortization Expense of Intangible Assets
Future amortization expense of intangible assets as of December 31, 2024 is estimated to be as follows (in millions):
Years Ended December 31,Amortization Expense
2025$37.4 
202637.2 
202736.8 
202836.7 
202936.7 
Thereafter77.6 
Total$262.4