GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Value of Goodwill

The changes in the carrying value of goodwill for each of the Company’s business segments were as follows:

	Property												Services		Total
	U.S. & Canada		Asia-Pacific		Africa		Europe		Latin America		Data Centers
Balance as of January 1, 2023	$	4,637.5	$	889.2	$	548.5	$	3,044.0	$	915.5	$	2,920.0	$	2.0	$	12,956.7
Other (1)	—		—		—		—		(20.7)		—		—		(20.7)
Effect of foreign currency translation	1.1		7.1		(30.6)		57.9		79.2		—		—		114.7
Balance as of June 30, 2023	$	4,638.6	$	896.3	$	517.9	$	3,101.9	$	974.0	$	2,920.0	$	2.0	$	13,050.7

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(1)Other represents the goodwill associated with Mexico Fiber, which was sold during the six months ended June 30, 2023.

Schedule of Other Intangible Assets Subject to Amortization

The Company’s other intangible assets subject to amortization consisted of the following:

		As of June 30, 2023						As of December 31, 2022
	Estimated Useful Lives (years)	Gross Carrying Value		Accumulated Amortization		Net Book Value		Gross Carrying Value		Accumulated Amortization		Net Book Value
Acquired network location intangibles (1)	Up to 20	$	6,052.7	$	(2,670.7)	$	3,382.0	$	6,058.2	$	(2,537.9)	$	3,520.3
Acquired tenant-related intangibles	Up to 20	18,951.2		(6,271.9)		12,679.3		18,941.2		(5,827.7)		13,113.5
Acquired licenses and other intangibles	2-20	1,603.2		(378.5)		1,224.7		1,772.9		(423.4)		1,349.5
Total other intangible assets		$	26,607.1	$	(9,321.1)	$	17,286.0	$	26,772.3	$	(8,789.0)	$	17,983.3

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(1)Acquired network location intangibles are amortized over the shorter of the term of the corresponding ground lease, taking into consideration lease renewal options and residual value, generally up to 20 years, as the Company considers these intangibles to be directly related to the tower assets.

Schedule of Expected Future Amortization Expenses

Based on current exchange rates, the Company expects to record amortization expense as follows over the remaining current year and the five subsequent years:

Fiscal Year	Amount
Remainder of 2023	$	703.6
2024	1,344.3
2025	1,292.9
2026	1,240.8
2027	1,226.5
2028	1,219.9