Amortizable Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Amortizable Intangible Assets

Amortizable intangible assets at September 30, 2023 and December 31, 2022 consisted of the following:

	September 30, 2023									December 31, 2022
(in millions)	Gross carrying value		Accumulated amortization			Net carrying value		Weighted average life (years) (1)		Gross carrying value			Accumulated amortization			Net carrying value			Weighted average life (years) (1)
Purchased customer accounts and other	$	3,010.4	$	(1,486.0	)	$	1,524.4		14.8	$	2,957.7		$	(1,363.7	)	$	1,594.0			14.8
Non-compete agreements		40.3		(35.4	)		4.9		4.4		39.3			(34.0	)		5.3			4.4
Foreign currency translation adjustments during the year		2.3		0.1			2.4				(4.5	)		0.4			(4.1	)
Total	$	3,053.0	$	(1,521.3	)	$	1,531.7			$	2,992.5		$	(1,397.3	)	$	1,595.2

(1)Weighted average life calculated as of the date of acquisition.