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Reportable Segments (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following table presents selected financial information by reportable segment:

Three months ended March 31, 2025Three months ended March 31, 2024
Application SoftwareNetwork SoftwareTechnology Enabled ProductsSegments TotalApplication SoftwareNetwork SoftwareTechnology Enabled ProductsSegments Total
Net revenues$1,068.2 $375.9 $438.7 $1,882.8 $895.2 $370.8 $414.7 $1,680.7 
Cost of sales347.4 60.3 181.4 589.1 269.5 54.5 175.7 499.7 
SG&A expenses444.0 148.9 103.7 696.6 386.1 149.3 102.8 638.2 
Operating profit*$276.8 $166.7 $153.6 $597.1 $239.6 $167.0 $136.2 $542.8 
Depreciation and other amortization$165.6 $41.3 $5.4 $212.3 $147.7 $40.3 $6.0 $194.0 
Capital expenditures$4.3 $2.6 $2.4 $9.3 $4.7 $1.3 $2.7 $8.7 
Capitalized software expenditures$12.4 $— $— $12.4 $9.5 $0.1 $— $9.6 

* Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were $71.3 and $61.5 for the three months ended March 31, 2025 and 2024, respectively, and are included within consolidated SG&A expenses to arrive at “Income from operations” in our Condensed Consolidated Statements of Earnings. Items below “Income from operations” are not allocated to reportable segments.


The following table presents selected asset information by reportable segment:

March 31, 2025December 31, 2024
Total assets:
Application Software$23,474.1 $23,600.9 
Network Software5,312.1 5,348.0 
Technology Enabled Products1,676.9 1,498.1 
Segments Total$30,463.1 $30,447.0