v3.24.2
Goodwill and Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
A summary of the activity and balances in goodwill accounts by reporting segment follows:
Balance as of December 31, 2023
AcquisitionsDivestituresAdjustments to Acquisitions and Other
Balance as of June 30, 2024
Group 1$7,312.4 $1.1 $— $16.7 $7,330.2 
Group 26,445.5 — (0.3)(0.7)6,444.5 
Group 32,076.6 15.1 — (1.5)2,090.2 
Total$15,834.5 $16.2 $(0.3)$14.5 $15,864.9 
Adjustments to acquisitions during the six months ended June 30, 2024 primarily related to changes in our valuation of property, plant and equipment acquired as a result of obtaining new information regarding the acquisitions that closed in 2023.
Other Intangible Assets, Net
Other intangible assets, net, include values assigned to customer relationships, non-compete agreements and trade names, and are amortized over periods ranging from 1 to 15 years. A summary of the activity and balances by intangible asset type follows:
 Gross Intangible AssetsAccumulated Amortization
 
Balance as of December 31, 2023
Acquisitions
Adjustments
and Other
Balance as of June 30, 2024
Balance as of December 31, 2023
Additions Charged to Expense
Adjustments
and Other
Balance as of June 30, 2024
Other Intangible Assets, Net as of June 30, 2024
Customer relationships
$631.7 $3.3 $(0.5)$634.5 $(165.7)$(31.5)$— $(197.2)$437.3 
Non-compete agreements
30.4 0.9 — 31.3 (15.7)(3.1)— (18.8)12.5 
Other intangible assets
23.2 — — 23.2 (7.7)(1.9)— (9.6)13.6 
Total$685.3 $4.2 $(0.5)$689.0 $(189.1)$(36.5)$— $(225.6)$463.4