Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.23.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Amount of Goodwill Changes in the amount of goodwill for the three months ended March 31, 2023, are as follows:
Workforce Solutions U.S.
Information
Solutions
International Total
 
Balance, December 31, 2022 $ 2,520.8  $ 2,004.8  $ 1,858.3  $ 6,383.9 
Acquisitions     4.4  4.4 
Adjustments to initial purchase price allocation (0.1) 2.3  0.3  2.5 
Foreign currency translation     5.5  5.5 
Balance, March 31, 2023 $ 2,520.7  $ 2,007.1  $ 1,868.5  $ 6,396.3 
Purchased Intangible Assets
Purchased intangible assets at March 31, 2023 and December 31, 2022 consisted of the following:
  March 31, 2023 December 31, 2022
Gross Accumulated
Amortization
Net Gross Accumulated
Amortization
Net
Definite-lived intangible assets: (In millions)
Purchased data files $ 1,089.5  $ (545.6) $ 543.9  $ 1,090.0  $ (527.8) $ 562.2 
Customer relationships 876.0  (424.1) 451.9  874.6  (407.4) 467.2 
Proprietary database 706.2  (129.2) 577.0  705.9  (115.0) 590.9 
Acquired software and technology 223.1  (48.9) 174.2  225.4  (42.6) 182.8 
Trade names and other intangible assets 22.1  (17.0) 5.1  26.7  (19.6) 7.1 
Non-compete agreements 14.7  (6.9) 7.8  14.5  (6.2) 8.3 
Total definite-lived intangible assets $ 2,931.6  $ (1,171.7) $ 1,759.9  $ 2,937.1  $ (1,118.6) $ 1,818.5 
Estimated Future Amortization Expense
Estimated future amortization expense related to definite-lived purchased intangible assets at March 31, 2023 is as follows:
Years ending December 31, Amount
  (In millions)
2023 $ 179.8 
2024 229.0 
2025 230.4 
2026 203.1 
2027 195.7 
Thereafter 721.9 
  $ 1,759.9