GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETSThe following table summarizes the activity in goodwill for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | MA | | MIS | | Consolidated | | Gross goodwill | | Accumulated
impairment
charge | | Net
goodwill | | Gross goodwill | | Accumulated impairment
charge | | Net
goodwill | | Gross goodwill | | Accumulated
impairment
charge | | Net
goodwill | Balance at beginning
of year | $ | 5,997 | | | $ | (12) | | | $ | 5,985 | | | $ | 383 | | | $ | — | | | $ | 383 | | | $ | 6,380 | | | $ | (12) | | | $ | 6,368 | | Additions/ adjustments (1) | — | | | — | | | — | | | 32 | | | — | | | 32 | | | 32 | | | — | | | 32 | | | Foreign currency translation adjustments | (75) | | | — | | | (75) | | | (14) | | | — | | | (14) | | | (89) | | | — | | | (89) | | Adjustment related to divestiture of business (2) | 7 | | | — | | | 7 | | | — | | | — | | | — | | | 7 | | | — | | | 7 | | | | | | | | | | | | | | | | | | | | | Ending balance | $ | 5,929 | | | $ | (12) | | | $ | 5,917 | | | $ | 401 | | | $ | — | | | $ | 401 | | | $ | 6,330 | | | $ | (12) | | | $ | 6,318 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | MA | | MIS | | Consolidated | | Gross goodwill | | Accumulated impairment charge | | Net goodwill | | Gross goodwill | | Accumulated impairment charge | | Net goodwill | | Gross goodwill | | Accumulated impairment charge | | Net goodwill | Balance at beginning
of year | $ | 5,626 | | | $ | (12) | | | $ | 5,614 | | | $ | 380 | | | $ | — | | | $ | 380 | | | $ | 6,006 | | | $ | (12) | | | $ | 5,994 | | Additions/ adjustments (3) | 135 | | | — | | | 135 | | | 8 | | | — | | | 8 | | | 143 | | | — | | | 143 | | | Foreign currency translation adjustments | 334 | | | — | | | 334 | | | (5) | | | — | | | (5) | | | 329 | | | — | | | 329 | | Reclassification to assets held-for-sale (2) | (89) | | | — | | | (89) | | | — | | | — | | | — | | | (89) | | | — | | | (89) | | Divestiture of business (4) | (9) | | | — | | | (9) | | | — | | | — | | | — | | | (9) | | | — | | | (9) | | | Ending balance | $ | 5,997 | | | $ | (12) | | | $ | 5,985 | | | $ | 383 | | | $ | — | | | $ | 383 | | | $ | 6,380 | | | $ | (12) | | | $ | 6,368 | |
(1) The 2026 additions relate to the acquisitions of Fintellix and MERIS in 2026. (2) The 2025 reclassification to assets held for sale for the MA segment relates to the divestiture of the MA Regulatory Solutions business. The 2026 change reflects adjustment to the goodwill allocated to the MA Regulatory Solutions business, which was divested in the second quarter of 2026, as more fully discussed in Note 11. (3) The 2025 additions/adjustments primarily relate to the acquisition of CAPE Analytics and ICR Chile in 2025. (4) The 2025 divestiture of business for the MA segment in the table above relates to the divestiture of the MA Learning Solutions Business. Acquired intangible assets and related amortization consisted of: | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Customer relationships | $ | 2,137 | | | $ | 2,165 | | | Accumulated amortization | (757) | | | (724) | | | Net customer relationships | 1,380 | | | 1,441 | | | Software/product technology | 745 | | | 774 | | | Accumulated amortization | (534) | | | (526) | | | Net software/product technology | 211 | | | 248 | | | Database | 164 | | | 164 | | | Accumulated amortization | (110) | | | (103) | | | Net database | 54 | | | 61 | | | Trade names | 195 | | | 201 | | | Accumulated amortization | (98) | | | (96) | | | Net trade names | 97 | | | 105 | | Other (1) | 63 | | | 64 | | | Accumulated amortization | (56) | | | (53) | | | Net other | 7 | | | 11 | | Total acquired intangible assets, net | $ | 1,749 | | | $ | 1,866 | |
(1) Other intangible assets primarily consist of trade secrets, covenants not to compete, and acquired ratings methodologies and models. Amortization expense relating to acquired intangible assets is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | Amortization expense | $ | 53 | | | $ | 55 | | | $ | 106 | | | $ | 108 | |
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