Company: UIS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000746838-25-000008
Chunk: 128

Company: UNISYS CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 128
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 company has taken all necessary actions to respond to the change in circumstances; (ii) the company is actively marketing the data center facility at a price that is reasonable; and (iii) the company continues to meet all of the criteria to continue to classify the assets as held-for-sale. During 2022, the company recognized an asset held-for-sale write-down of $13.6 million, reducing the assets to its estimated current fair market value less costs to sell. The valuation report was considered a Level 2 input. The company is actively marketing this facility for sale and has identified a potential interested party. The company believes the classification continues to be appropriate and that all the criteria has been met to classify these assets as held-for-sale at December 31, 2024.

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Note 14 — Goodwill and intangible assets

GoodwillChanges in the carrying amount of goodwill by reporting unit were as follows:TotalDWSCA&IECSOtherBalance at December 31, 2022$287.1 $140.5 $38.0 $98.3 $10.3 Translation adjustments0.3 0.3 — — — Balance at December 31, 2023287.4 140.8 38.0 98.3 10.3 Goodwill impairment (i)(39.1)(39.1)— — — Translation adjustments(0.4)(0.4)— — — Balance at December 31, 2024$247.9 $101.3 $38.0 $98.3 $10.3 (i) During the third quarter of 2024, the company recorded a goodwill impairment charge of $39.1 million in its DWS reporting unit as the carrying value exceeded its fair value. See Note 1, "Summary of significant accounting policies" for additional details.Accumulated goodwill impairment losses as of December 31, 2024 were $39.1 million. There were no accumulated goodwill impairment losses as of December 31, 2023.At December 31, 2024, there was no goodwill allocated to reporting units with negative net assets. At December 31, 2023, the amount of goodwill allocated to reporting units with negative net assets within Other was $10.3 million.Intangible Assets, NetIntangible assets, net at December 31, 2024 and 2023 consists of the following: