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GOODWILL AND ACQUIRED INTANGIBLES
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND ACQUIRED INTANGIBLES GOODWILL AND ACQUIRED INTANGIBLES
Goodwill
The changes in the carrying amount of goodwill during the nine months ended September 30, 2026 were as follows:
Gross Carrying
Amount
(In thousands)
Balance as of December 31, 2025$2,749,143 
Goodwill resulting from acquisitions2,219,277 
Effect of foreign currency translation(41,465)
Balance as of September 30, 2026$4,926,955 
Acquired Intangibles, Net
Acquired intangibles as of September 30, 2026 were as follows:
Gross Carrying
Amount
Accumulated
Amortization
Acquired
Intangibles, Net
(In thousands)
Existing technology$1,231,440 $(283,816)$947,624 
Agreements and relationships993,315 (190,606)802,709 
Tradenames, trademarks and patents56,844 (15,171)41,673 
Total acquired intangibles$2,281,599 $(489,593)$1,792,006 
Acquired intangibles as of December 31, 2025 were as follows:
Gross Carrying
Amount
Accumulated
Amortization
Acquired
Intangibles, Net
(In thousands)
Existing technology$590,211 $(256,589)$333,622 
Agreements and relationships470,334 (114,697)355,637 
Tradenames, trademarks and patents40,984 (12,020)28,964 
Total acquired intangibles$1,101,529 $(383,306)$718,223 
Amortization expense from existing technology is included in cost of product and maintenance. Amortization expense for the three and nine months ended September 30, 2026 and September 30, 2025 by condensed consolidated income statement caption was as follows:
Three Months Ended Nine Months Ended
September 30,
2026
September 30,
2025
September 30,
2026
September 30,
2025
(In thousands)
Cost of product and maintenance$46,091 $15,751 $122,437 $46,744 
Amortization of acquired intangibles33,779 10,233 88,304 28,359 
Total amortization of acquired intangibles$79,870 $25,984 $210,741 $75,103 
As of September 30, 2026, the estimated amortization expense for intangible assets with definite lives was as follows for the following five fiscal years and thereafter:
(In thousands)
2026 - remaining period$78,406 
2027294,327 
2028286,974 
2029261,410 
2030216,778 
2031194,034 
Thereafter460,077 
Total estimated amortization expense$1,792,006