Company: MWA
Filing Date: 2025-11-19
Form Type: 10-K
Source: 0001350593-25-000066
Chunk: 457

Company: Mueller Water Products, Inc.
Filing Date: 2025-11-19
Form: 10-K
Item: Item 7
Chunk 457
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 amortized over the six-year estimated useful life of the software, beginning when the software is ready for its intended use.  As of September 30, 2025, the remaining weighted-average amortization period for this software was 4.4 years.  Amortization expense related to such software assets was $2.2 million in 2025, $2.6 million in 2024, and $2.9 million in 2023.  Amortization expense for each of the next five years is expected to be $2.3 million in 2026, $1.8 million in 2027, $1.5 million in 2028, $1.1 million in 2029 and $0.7 million in 2030.As of September 30, 2025, the remaining weighted-average amortization periods for business combination-related finite-lived customer relationships and technology intangible assets were 6.7 years and 6.2 years, respectively.  Amortization expense related to these assets was $5.0 million, $24.9 million and $25.2 million for 2025, 2024 and 2023, respectively.  Amortization expense for each of the next five years is scheduled to be $4.9 million in 2026, $4.7 million in 2027, $4.4 million in 2028, $3.8 million in 2029 and $3.6 million in 2030.Intangible assets are presented below: September 30,  20252024 (in millions)Capitalized internal-use software:Cost$42.3 $40.1 Accumulated amortization(34.4)(32.4)Capitalized internal-use software, net$7.9 $7.7 Business combination-related:Cost:Finite-lived intangible assets:Technology$122.4 $118.6 Customer relationships and other371.9 371.5 Indefinite-lived intangible assets:Trade names and trademarks273.0 272.5 $767.3 $762.6 Accumulated amortization:Technology$(103.2)$(97.9)Customer relationships and other(364.7)(362.7)(467.9)(460.6)Business combination-related intangible assets, net299.4 302.0 Intangible assets, net$307.3 $309.