| GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS As of June 30, 2024 and December 31, 2023, goodwill and other intangible assets consisted of the following: | | | | | | | | | | | | | | June 30, 2024 | | December 31, 2023 | | | | | | | (in thousands) | | | | | | Goodwill | $ | 26,860,500 | | | $ | 26,743,523 | | | Other intangible assets: | | | | | Customer-related intangible assets | $ | 10,752,904 | | | $ | 10,653,036 | | | Acquired technologies | 3,032,235 | | | 3,005,576 | | | Contract-based intangible assets | 2,232,057 | | | 2,254,273 | | | Trademarks and trade names | 1,074,309 | | | 1,074,631 | | | 17,091,505 | | | 16,987,516 | | | Less accumulated amortization: | | | | | Customer-related intangible assets | 4,252,242 | | | 3,866,686 | | | Acquired technologies | 2,215,774 | | | 2,047,330 | | | Contract-based intangible assets | 373,325 | | | 309,886 | | | Trademarks and trade names | 642,865 | | | 595,568 | | | 7,484,206 | | | 6,819,470 | | | $ | 9,607,299 | | | $ | 10,168,046 | |
The following table sets forth the changes by reportable segment in the carrying amount of goodwill for the six months ended June 30, 2024: | | | | | | | | | | | | | | | | | | | Merchant
Solutions | | Issuer
Solutions | | Total | | | | | | | | (in thousands) | | Balance at December 31, 2023 | $ | 17,226,828 | | | $ | 9,516,695 | | | $ | 26,743,523 | | | Goodwill acquired | 190,362 | | | — | | | 190,362 | | | Effect of foreign currency translation | (89,720) | | | (3,592) | | | (93,312) | | | Measurement period adjustments | 19,927 | | | — | | | 19,927 | | | Balance at June 30, 2024 | $ | 17,347,397 | | | $ | 9,513,103 | | | $ | 26,860,500 | |
Accumulated impairment losses for goodwill were $357.9 million as of June 30, 2024 and December 31, 2023.
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