Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Goodwill

The following table summarizes changes in goodwill (in millions):

Balance at December 31, 2021	$	8,045.5
Acquisitions completed in the current year		1,032.3
Adjustments to prior acquisitions		0.3
Effect of foreign currency translation		(215.1	)
Balance at December 31, 2022	$	8,863.0
Acquisitions completed in the current year		20.4
Adjustments to prior acquisitions		(0.8	)
Effect of foreign currency translation		86.9
Balance at December 31, 2023	$	8,969.5

Summary of the Components of Intangible Assets

A summary of the components of intangible assets is as follows (in millions):

	December 31,
	2023							2022
	Gross Amount		Accumulated Amortization			Net Amount		Gross Amount		Accumulated Amortization			Net Amount
Customer relationships	$	5,059.1	$	(2,449.8	)	$	2,609.3	$	5,007.6	$	(2,073.7	)	$	2,933.9
Completed technology		1,630.0		(1,108.9	)		521.1		1,611.0		(983.1	)		627.9
Trade names		279.3		(154.0	)		125.3		276.2		(130.6	)		145.6
Total intangible assets	$	6,968.4	$	(3,712.7	)	$	3,255.7	$	6,894.8	$	(3,187.4	)	$	3,707.4

Schedule of Estimated Amortization Expense, Related to Intangible Assets

Total estimated amortization expense, related to intangible assets, for each of the next five years and thereafter, as of December 31, 2023, is expected to approximate (in millions):

Year Ending December 31,
2024	$	490.4
2025		463.2
2026		441.0
2027		415.9
2028		336.7
Thereafter		1,108.5
Total	$	3,255.7