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Goodwill and Other Assets
 3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER ASSETS Goodwill and Other Assets
The changes in carrying amounts of goodwill within the Company's segments are summarized as follows:
Eurasia BankingAmericas BankingRetailTotal
Goodwill$579.2 $431.3 $224.4 $1,234.9 
Accumulated impairment(291.7)(122.0)(57.2)(470.9)
Balance at January 1, 2020$287.5 $309.3 $167.2 $764.0 
Transferred to assets held for sale(1.4)— — (1.4)
Divestitures(6.4)(2.4)(1.2)(10.0)
Currency translation adjustment19.0 15.8 13.0 47.8 
Goodwill$590.4 $444.7 $236.2 $1,271.3 
Accumulated impairment(291.7)(122.0)(57.2)(470.9)
Balance at December 31, 2020$298.7 $322.7 $179.0 $800.4 
Transferred to assets held for sale— — — — 
Divestitures— — (0.3)(0.3)
Currency translation adjustment(11.4)(9.5)(7.8)(28.7)
Goodwill$579.0 $435.2 $228.1 $1,242.3 
Accumulated impairment(291.7)(122.0)(57.2)(470.9)
Balance at March 31, 2021$287.3 $313.2 $170.9 $771.4 

In accordance with the Company's accounting policy, goodwill is tested for impairment annually during the fourth quarter or earlier if a triggering event is identified.

The Company identified four reporting units, which are Eurasia Banking, Americas Banking, EMEA Retail and Rest of World Retail. A triggering event was identified in the first quarter of 2020 leading to the Company performing an impairment analysis which indicated the Eurasia Banking, Americas Banking and EMEA Retail reporting units each had sufficient cushion of estimated fair value in excess of carrying value as of March 31, 2020. There have been no impairment indicators identified during the three months ended March 31, 2021. Rest of World Retail had no goodwill as of March 31, 2021 and December 31, 2020. Changes in certain assumptions could have a significant impact to the estimated fair value of the reporting units.

The following summarizes information on intangible assets by major category:
March 31, 2021December 31, 2020
Weighted-average remaining useful livesGross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying Amount		Accumulated
Amortization		Net
Carrying
Amount
Customer relationships, net4.9 years$728.1 $(357.7)$370.4 $762.0 $(354.1)$407.9 
Internally-developed software2.0 years198.7 (160.9)37.8 198.0 (160.0)38.0 
Development costs non-software1.8 years53.6 (53.3)0.3 56.1 (55.8)0.3 
Other intangibles6.3 years67.3 (65.1)2.2 69.8 (67.4)2.4 
Other intangible assets, net319.6 (279.3)40.3 323.9 (283.2)40.7 
Total$1,047.7 $(637.0)$410.7 $1,085.9 $(637.3)$448.6 

Costs incurred for the development of external-use software that will be sold, leased or otherwise marketed are capitalized when technological feasibility has been established. These costs are included within other assets and are amortized on a straight-line basis over the estimated useful lives ranging from three to five years. Amortization begins when the product is available for general release. Costs capitalized include direct labor and related overhead costs. Costs incurred prior to technological
feasibility or after general release are expensed as incurred. The Company performs periodic reviews to ensure that unamortized program costs remain recoverable from future revenue. If future revenue does not support the unamortized program costs, the amount by which the unamortized capitalized cost of a software product exceeds the net realizable value is impaired.

The following table identifies the activity relating to total capitalized software development:

20212020
Beginning balance as of January 1$38.0 $46.0 
Capitalization5.9 5.1 
Amortization(6.0)(7.8)
Transferred to held for sale(1.0)(1.1)
Currency translation adjustment0.9 1.1 
Ending balance as of March 31$37.8 $43.3 

The Company's total amortization expense, excluding that related to deferred financing costs, was $26.1 and $27.6 for the three months ended March 31, 2021 and 2020, respectively.