Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.22.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Amount of Goodwill Changes in the amount of goodwill for the six months ended June 30, 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 1.4  (0.2) (5.2) (4.0)
Foreign currency translation     (87.3) (87.3)
Balance, June 30, 2022 $ 2,411.7  $ 1,899.9  $ 1,927.1  $ 6,238.7 
Purchased Intangible Assets
Purchased intangible assets at June 30, 2022 and December 31, 2021 consisted of the following:
  June 30, 2022 December 31, 2021
Gross Accumulated
Amortization
Net Gross Accumulated
Amortization
Net
Definite-lived intangible assets: (In millions)
Purchased data files $ 1,100.2  $ (495.6) $ 604.6  $ 1,103.1  $ (466.0) $ 637.1 
Customer relationships 825.8  (377.3) 448.5  805.2  (354.9) 450.3 
Proprietary database 708.0  (87.1) 620.9  710.2  (59.3) 650.9 
Acquired software and technology 164.3  (29.3) 135.0  160.0  (18.9) 141.1 
Trade names and other intangible assets 25.0  (15.5) 9.5  23.9  (12.6) 11.3 
Non-compete agreements 13.6  (4.7) 8.9  11.0  (3.7) 7.3 
Total definite-lived intangible assets $ 2,836.9  $ (1,009.5) $ 1,827.4  $ 2,813.4  $ (915.4) $ 1,898.0 
Estimated Future Amortization Expense
Estimated future amortization expense related to definite-lived purchased intangible assets at June 30, 2022 is as follows:
Years ending December 31, Amount
  (In millions)
2022 $ 115.3 
2023 223.5 
2024 212.9 
2025 207.9 
2026 195.9 
Thereafter 871.9 
  $ 1,827.4