Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.22.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Amount of Goodwill Changes in the amount of goodwill for the three months ended March 31, 2022, are as follows:
Workforce Solutions U.S.
Information
Solutions
International Total
 
Balance, December 31, 2021 $ 2,365.4  $ 1,900.1  $ 1,992.6  $ 6,258.1 
Acquisitions 44.9    27.0  71.9 
Adjustments to initial purchase price allocation 0.3    (0.1) 0.2 
Foreign currency translation     47.9  47.9 
Balance, March 31, 2022 $ 2,410.6  $ 1,900.1  $ 2,067.4  $ 6,378.1 
Purchased Intangible Assets
Purchased intangible assets at March 31, 2022 and December 31, 2021 consisted of the following:
  March 31, 2022 December 31, 2021
Gross Accumulated
Amortization
Net Gross Accumulated
Amortization
Net
Definite-lived intangible assets: (In millions)
Purchased data files $ 1,115.7  $ (489.5) $ 626.2  $ 1,103.1  $ (466.0) $ 637.1 
Customer relationships 854.2  (372.1) 482.1  805.2  (354.9) 450.3 
Proprietary database 709.4  (73.3) 636.1  710.2  (59.3) 650.9 
Acquired software and technology 165.7  (23.2) 142.5  160.0  (18.9) 141.1 
Trade names and other intangible assets 26.2  (14.5) 11.7  23.9  (12.6) 11.3 
Non-compete agreements 13.6  (4.4) 9.2  11.0  (3.7) 7.3 
Total definite-lived intangible assets $ 2,884.8  $ (977.0) $ 1,907.8  $ 2,813.4  $ (915.4) $ 1,898.0 
Estimated Future Amortization Expense
Estimated future amortization expense related to definite-lived purchased intangible assets at March 31, 2022 is as follows:
Years ending December 31, Amount
  (In millions)
2022 $ 175.0 
2023 223.7 
2024 212.0 
2025 208.7 
2026 197.4 
Thereafter 891.0 
  $ 1,907.8