XML 90 R28.htm IDEA: XBRL DOCUMENT v3.22.4
Other Intangible Assets
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets Other Intangible Assets
A summary of our identifiable intangible assets are as follows (in millions):
As of December 31, 2022Useful LifeGrossAccumulated AmortizationNet
Intangible Assets subject to amortization:
Third-party fuel supply agreement10 years$49.0 $(26.9)$22.1 
Fuel trade name5 years4.0 (4.0)— 
Rights-of-way
8 - 35 years
13.5 (0.4)13.1 
Customer relationships11.6 years210.0 (10.6)199.4 
Intangible assets not subject to amortization:
Rights-of-wayIndefinite58.4 58.4 
Line space historyIndefinite12.0 12.0 
Liquor licensesIndefinite8.5 8.5 
Refinery permitsIndefinite2.1 2.1 
Total$357.5 $(41.9)$315.6 
As of December 31, 2021Useful LifeGrossAccumulated AmortizationNet
Intangible Assets subject to amortization:
Third-party fuel supply agreement10 years$49.0 $(22.1)$26.9 
Fuel trade name5 years4.0 (3.6)0.4 
Intangible assets not subject to amortization:
Rights-of-wayIndefinite52.8 52.8 
Line space historyIndefinite12.0 12.0 
Liquor licensesIndefinite8.5 8.5 
Refinery permitsIndefinite2.1 2.1 
Total$128.4 $(25.7)$102.7 
Amortization of intangible assets was $16.2 million, $5.7 million and $5.7 million during the years ended December 31, 2022, 2021 and 2020, respectively, and is included in depreciation and amortization on the accompanying consolidated statements of income.
Amortization expense for the next five years is estimated to be as follows (in millions):
2023$23.6 
2024$23.6 
2025$23.6 
2026$23.6 
2027$23.6