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Intangible Assets and Goodwill
 3 Months Ended
Mar. 31, 2020
Intangible Assets and Goodwill [Abstract]  
Intangible Assets and Goodwill
Note 6.  Intangible Assets and Goodwill

Identifiable Intangible Assets

The following table summarizes our intangible assets by business segment at the dates indicated:

 
  
March 31, 2020
    
December 31, 2019
  
 
  
Gross
Value
    
Accumulated
Amortization
    
Carrying
Value
    
Gross
Value
    
Accumulated
Amortization
    
Carrying
Value
  
NGL Pipelines & Services:
                                    
Customer relationship intangibles
  
$
447.8
    
$
(210.0
)
  
$
237.8
    
$
447.8
    
$
(206.3
)
  
$
241.5
  
Contract-based intangibles
    
162.6
      
(46.7
)
    
115.9
      
162.6
      
(43.9
)
    
118.7
  
Segment total
    
610.4
      
(256.7
)
    
353.7
      
610.4
      
(250.2
)
    
360.2
  
Crude Oil Pipelines & Services:
                                                
Customer relationship intangibles
    
2,203.5
      
(260.1
)
    
1,943.4
      
2,203.5
      
(243.5
)
    
1,960.0
  
Contract-based intangibles
    
276.9
      
(239.3
)
    
37.6
      
276.9
      
(235.0
)
    
41.9
  
Segment total
    
2,480.4
      
(499.4
)
    
1,981.0
      
2,480.4
      
(478.5
)
    
2,001.9
  
Natural Gas Pipelines & Services:
                                                
Customer relationship intangibles
    
1,350.3
      
(489.6
)
    
860.7
      
1,350.3
      
(481.6
)
    
868.7
  
Contract-based intangibles
    
468.0
      
(397.7
)
    
70.3
      
468.0
      
(395.5
)
    
72.5
  
Segment total
    
1,818.3
      
(887.3
)
    
931.0
      
1,818.3
      
(877.1
)
    
941.2
  
Petrochemical & Refined Products Services:
                                                
Customer relationship intangibles
    
181.4
      
(59.1
)
    
122.3
      
181.4
      
(57.5
)
    
123.9
  
Contract-based intangibles
    
46.0
      
(24.6
)
    
21.4
      
46.0
      
(24.2
)
    
21.8
  
Segment total
    
227.4
      
(83.7
)
    
143.7
      
227.4
      
(81.7
)
    
145.7
  
Total intangible assets
  
$
5,136.5
    
$
(1,727.1
)
  
$
3,409.4
    
$
5,136.5
    
$
(1,687.5
)
  
$
3,449.0
  

The following table presents the amortization expense of our intangible assets by business segment for the periods indicated:

 
  
For the Three Months
Ended March 31,
  
 
  
2020
    
2019
  
NGL Pipelines & Services
  
$
6.5
    
$
9.1
  
Crude Oil Pipelines & Services
    
20.9
      
22.0
  
Natural Gas Pipelines & Services
    
10.2
      
10.9
  
Petrochemical & Refined Products Services
    
2.0
      
2.2
  
Total
  
$
39.6
    
$
44.2
  

The following table presents our forecast of amortization expense associated with existing intangible assets for the periods indicated:

Remainder
of 2020
    
2021
    
2022
    
2023
    
2024
  
$
125.1
    
$
167.1
    
$
164.1
    
$
162.4
    
$
158.9
  

Goodwill

Goodwill represents the excess of the purchase price of an acquired business over the amounts assigned to assets acquired and liabilities assumed in the transaction.  There has been no change in our goodwill amounts since those reported in our 2019 Form 10-K.