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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amounts of Goodwill by Reportable Segment
The following table sets forth the changes in the carrying amounts of goodwill by reportable segment during the years ended December 31, 2023 and 2024. As a result of the January 1, 2023 reorganization, we changed our segment reporting to reflect this reorganization under two reportable segments: Public Cloud and Private Cloud. Accordingly, we reallocated the total consolidated net balance of goodwill as of January 1, 2023 under the new segments, shown below:
(In millions)Public CloudPrivate CloudMulticloud ServicesApps & Cross PlatformOpenStack Public Cloud
Total
Gross goodwill as of December 31, 2022
$— $— $2,656.6 $328.0 $52.4 $3,037.0 
Less: Accumulated impairment charges— — (700.2)(129.3)(52.4)(881.9)
Goodwill, net as of December 31, 2022
— — 1,956.4 198.7 — 2,155.1 
Reallocation adjustment (1)
594.7 1,560.4 (1,956.4)(198.7)— — 
Impairment of goodwill— (708.8)— — — (708.8)
Foreign currency translation3.0 3.1 — — — 6.1 
Goodwill, net as of December 31, 2023
$597.7 $854.7 $— $— $— $1,452.4 
Gross goodwill as of December 31, 2023
$597.7 $1,563.5 $— $— $— $2,161.2 
Less: Accumulated impairment charges— (708.8)— — — (708.8)
Goodwill, net as of December 31, 2023
597.7 854.7 — — — 1,452.4 
Impairment of goodwill(454.6)(260.3)— — — (714.9)
Foreign currency translation(1.5)(0.3)— — — (1.8)
Goodwill, net as of December 31, 2024
$141.6 $594.1 $— $— $— $735.7 
Gross goodwill as of December 31, 2024
$596.2 $1,563.2 $— $— $— $2,159.4 
Less: impairment charges (2)
(454.6)(969.1)— — — (1,423.7)
Goodwill, net as of December 31, 2024
$141.6 $594.1 $— $— $— $735.7 
(1)     Represents the adjustment to reallocate goodwill of the former Multicloud Services and Apps & Cross Platform reportable segments to Public Cloud and Private Cloud reportable segments, using the relative fair value basis, as a result of the January 1, 2023 reorganization.
(2)     On a consolidated basis, gross and net goodwill as of December 31, 2024 was $3,041.3 million and $735.7, respectively. Accumulated impairment charges on a consolidated basis was $2,305.6 million as of December 31, 2024.
Schedule of Finite-Lived Intangible Assets Other Than Goodwill
The following table provides information regarding our intangible assets other than goodwill:
December 31, 2023December 31, 2024
(In millions)Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Customer relationships$1,932.0 $(1,073.9)$858.1 $1,930.6 $(1,226.2)$704.4 
Other27.8 (26.9)0.9 27.1 (26.8)0.3 
Total definite-lived intangible assets1,959.8 (1,100.8)859.0 1,957.7 (1,253.0)704.7 
Trade name (indefinite-lived)160.0 — 160.0 140.0 — 140.0 
Total intangible assets other than goodwill$2,119.8 $(1,100.8)$1,019.0 $2,097.7 $(1,253.0)$844.7 
Schedule of Indefinite-Lived Intangible Assets Other Than Goodwill
The following table provides information regarding our intangible assets other than goodwill:
December 31, 2023December 31, 2024
(In millions)Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Customer relationships$1,932.0 $(1,073.9)$858.1 $1,930.6 $(1,226.2)$704.4 
Other27.8 (26.9)0.9 27.1 (26.8)0.3 
Total definite-lived intangible assets1,959.8 (1,100.8)859.0 1,957.7 (1,253.0)704.7 
Trade name (indefinite-lived)160.0 — 160.0 140.0 — 140.0 
Total intangible assets other than goodwill$2,119.8 $(1,100.8)$1,019.0 $2,097.7 $(1,253.0)$844.7 
Schedule of Future Amortization of Intangible Assets
As of December 31, 2024, amortization of intangible assets for the next five years and thereafter is expected to be as follows:
(In millions)Intangible Assets
Year ending:
2025$146.9 
2026123.8 
2027117.3 
2028117.3 
2029111.2 
Thereafter88.2 
Total$704.7