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GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2018
Activity in Goodwill
Three Months Ended March 31, 2018
MISMAConsolidated
Gross goodwillAccumulated impairment chargeNet goodwillGross goodwillAccumulated impairment chargeNet goodwillGross goodwillAccumulated impairment chargeNet goodwill
Balance at beginning of year$285.2$-$285.2$3,480.2$(12.2)$3,468.0$3,765.4$(12.2)$3,753.2
Foreign currency translation adjustments6.4-6.471.9-71.978.3-78.3
Ending balance$291.6$-$291.6$3,552.1$(12.2)$3,539.9$3,843.7$(12.2)$3,831.5
Year ended December 31, 2017
MISMAConsolidated
Gross goodwillAccumulated impairment chargeNet goodwillGross goodwillAccumulated impairment chargeNet goodwillGross goodwillAccumulated impairment chargeNet goodwill
Balance at beginning of year$277.0$-$277.0$758.8$(12.2)$746.6$1,035.8$(12.2)$1,023.6
Additions/adjustments---2,622.6-2,622.62,622.6-2,622.6
Foreign currency translation adjustments8.2-8.298.8-98.8107.0-107.0
Ending balance$285.2$-$285.2$3,480.2$(12.2)$3,468.0$3,765.4$(12.2)$3,753.2
Acquired Intangible Assets and Related Amortization
March 31,December 31,
20182017
Customer relationships$1,371.7$1,345.1
Accumulated amortization(175.4)(159.9)
Net customer relationships1,196.31,185.2
Trade secrets30.130.2
Accumulated amortization(28.1)(28.1)
Net trade secrets2.02.1
Software/product technology366.1358.6
Accumulated amortization(86.7)(78.0)
Net Software/product technology279.4280.6
Trade names164.6161.6
Accumulated amortization(29.2)(26.7)
Net trade names135.4134.9
Other (1)58.257.4
Accumulated amortization(29.7)(28.6)
Net other28.528.8
Total acquired intangible assets, net$1,641.6$1,631.6
(1) Other intangible assets primarily consist of databases, covenants not to compete, and acquired ratings methodologies and models.
Amortization Expense Relating to Acquired Intangible Assets
Three Months Ended
March 31,
20182017
Amortization expense$25.7$8.5
Estimated Future Amortization Expense for Acquired Intangible Assets Subject to Amortization
Year Ending December 31,
2018 (after March 31)$77.0
201998.9
202096.5
202196.3
202295.8
Thereafter1,177.1
Total estimated future amortization$1,641.6