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Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Amount of Intangible Assets The following table summarizes the carrying amount of intangible assets as of September 30, 2025 and December 31,
2024:
As of
September 30,
2025
December 31,
2024
(Dollars in millions)
Acquired contractual rights
$928.2
$922.7
Accumulated amortization
(492.8)
(392.2)
Finite-lived intangible assets, net
435.4
530.5
Goodwill
104.6
103.6
Intangible Assets, net
$540.0
$634.1
Schedule of Estimated Amortization Expense The following table summarizes the expected amortization expense for 2025 through 2029 and thereafter (Dollars in
millions):
Year ending December 31,
2025 (excluding the nine months ended September 30, 2025)
$33.0
2026
131.8
2027
121.7
2028
114.5
2029
31.9
Thereafter
2.5
$435.4