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Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying amount of intangible assets

The following table summarizes the carrying amount of intangible assets as of March 31, 2023 and December 31, 2022:

			As of
			March 31, 2023						December 31, 2022
			(Dollars in millions)
Acquired contractual rights			$	921.7					$	920.2
Accumulated amortization			(159.3)						(126.3)
Finite-lived intangible assets, net			762.4						793.9
Goodwill			104.0						103.9
Intangible Assets, net			$	866.4					$	897.8

Schedule of estimated amortization expense

The following table summarizes the expected amortization expense for 2023 through 2027 and thereafter (Dollars in millions):

2023 (excluding the three months ended March 31, 2023)			$	98.6
2024			131.5
2025			131.4
2026			131.3
2027			121.2
Thereafter			148.4
			$	762.4

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- References

No definition available.

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- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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