Company: ASGN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000890564-25-000028
Chunk: 30

Company: ASGN Inc
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 30
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,894.1 Translation adjustment(1.0)— (1.0)Balance as of December 31, 20241,074.8 818.3 1,893.1 Acquisition of TopBloc245.9 — 245.9 Translation adjustment0.5 — 0.5 Balance at March 31, 2025$1,321.2 $818.3 $2,139.5 Acquired identifiable intangible assets consisted of the following (in millions):March 31, 2025December 31, 2024Estimated Useful Life in YearsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountSubject to amortization:Customer and contractual relationships6 - 13$447.4 $258.2 $189.2 $405.3 $245.0 $160.3 Non-compete agreements3 - 721.4 15.7 5.7 21.4 14.7 6.7 Internally-developed software34.4 0.1 4.3 — — — 473.2 274.0 199.2 426.7 259.7 167.0 Not subject to amortization:Trademarks305.2 — 305.2 272.8 — 272.8 $778.4 $274.0 $504.4 $699.5 $259.7 $439.8 

8

Estimated future amortization expense is as follows (in millions):  Remainder of 2025$50.2 202654.1 202741.2 202823.1 202917.0 Thereafter13.6 $199.2 

5. Long-Term Debt 

Long-term debt consisted of the following (in millions):March 31,2025December 31,2024Senior Secured Credit Facility:$500 million revolving credit facility, due 2028$250.0 $— Term loan B, due 2030492.5 493.8 Unsecured Senior Notes, due 2028550.0 550.0 1,292.5 1,043.8 Unamortized deferred loan costs(4.9)(