Goodwill

12 Months Ended

Dec. 31, 2024

Goodwill

Goodwill

Note 7. Goodwill

The changes in the carrying amount of goodwill are as follows:

	(in millions)
Balance at January 1, 2023	$	2,105.9
Acquisition		2.5
Effect of foreign currency translation		2.7
Balance at December 31, 2023		2,111.1
Acquisitions		58.1
Effect of foreign currency translation		(7.4)
Balance at December 31, 2024	$	2,161.8

We had no accumulated impairment losses related to goodwill at December 31, 2024 and 2023.