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GOODWILL AND INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
Goodwill
The following table presents goodwill by reportable segment:
(in thousands)IndexAnalyticsESG and ClimateAll Other - Private AssetsTotal
Goodwill at December 31, 2023$1,203,435 $290,976 $84,724 $1,308,557 $2,887,692 
Acquisitions (1)
18,320 5,031 (357)(793)22,200 
Foreign exchange translation adjustment11 — (323)(166)(477)
Goodwill at June 30, 2024$1,221,766 $296,007 $84,044 $1,307,598 $2,909,415 
___________________________
(1)    Reflects the impact of the acquisitions of Foxberry, Fabric, Trove and Burgiss.
Intangible Assets, Net
The following table presents the amount of amortization expense related to intangible assets by category for the periods indicated:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2024202320242023
Amortization expense of acquired intangible assets$25,893 $15,851 $51,160 $31,682 
Amortization expense of internally developed capitalized software14,880 10,303 28,217 19,139 
Total amortization of intangible assets expense$40,773 $26,154 $79,377 $50,821 
The gross carrying and accumulated amortization amounts related to the Company’s intangible assets were as follows:
June 30, 2024December 31, 2023
(in thousands)Gross intangible assets:Accumulated amortization:Net intangible assets:Gross intangible assets:Accumulated amortization:Net intangible assets:
Customer relationships$715,165 $(359,623)$355,542 $709,299 $(340,248)$369,051 
Proprietary data452,232 (84,858)367,374 452,543 (64,694)387,849 
Acquired technology and software256,967 (191,957)65,010 228,785 (185,583)43,202 
Trademarks209,090 (176,730)32,360 209,090 (171,715)37,375 
Internally developed capitalized software274,914 (146,034)128,880 237,060 (118,303)118,757 
Total$1,908,368 $(959,202)$949,166 $1,836,777 $(880,543)$956,234 
The following table presents the estimated amortization expense for the remainder of the year ending December 31, 2024 and succeeding years:    
Years Ending December 31,
(in thousands)
Amortization
Expense
Remainder of 2024$83,804 
2025144,112 
2026108,685 
202777,707 
202869,711 
Thereafter465,147 
Total$949,166