Company: ASGN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000890564-25-000063
Chunk: 45

Company: ASGN Inc
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 45
---
inite32.4 $78.9 Goodwill$247.9 __________

Approximately $217.4 million of the goodwill for the TopBloc acquisition is deductible for income taxes.

5. Goodwill and Identifiable Intangible Assets

Goodwill by reportable segment is as follows (in millions):CommercialFederal GovernmentTotalBalance as of December 31, 2023$1,075.8 $818.3 $1,894.1 Translation adjustment(1.0)— (1.0)Balance as of December 31, 20241,074.8 818.3 1,893.1 Acquisition of TopBloc247.9 — 247.9 Translation adjustment1.4 — 1.4 Balance at September 30, 2025$1,324.1 $818.3 $2,142.4 Acquired identifiable intangible assets consisted of the following (in millions):September 30, 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 $289.5 $157.9 $405.3 $245.0 $160.3 Non-compete agreements3 - 721.4 17.4 4.0 21.4 14.7 6.7 Internally-developed software34.4 0.9 3.5 — — — 473.2 307.8 165.4 426.7 259.7 167.0 Not subject to amortization:Trademarks305.2 — 305.2 272.8 — 272.8 $778.4 $307.8 $470.6 $699.5 $259.7 $439.8 

8

Estimated future amortization expense is as follows (in millions):  Remainder of 2025$16.8 202654.5 202740.4 202823.1 202917.0 Thereafter13.6 $165.4 

6. Long-Term Debt 

Long-term debt consisted of the following (in millions):September