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Property and Equipment, Net | 3 Months Ended
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Mar. 31, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment, Net | Property and Equipment, Net The table below presents the balances of major classes of assets and accumulated depreciation.
|  |  |  | As of
(in millions) |  | Estimated Useful Lives |  | March 31, 2022 |  | December 31, 2021
Land |  |  |  | $ | 103.3 |  |  | $ | 102.9 |
Buildings |  | 15 to 35 years |  | 50.6 |  |  | 50.3 |
Advertising structures |  | 3 to 20 years |  | 1,953.6 |  |  | 1,937.4 |
Furniture, equipment and other |  | 3 to 10 years |  | 175.6 |  |  | 171.3 |
Construction in progress |  |  |  | 47.8 |  |  | 38.7 |
|  |  |  | 2,330.9 |  |  | 2,300.6 |
Less: Accumulated depreciation |  |  |  | 1,678.8 |  |  | 1,652.7 |
Property and equipment, net |  |  |  | $ | 652.1 |  |  | $ | 647.9 |
Depreciation expense was $19.3 million in the three months ended March 31, 2022, and $20.0 million in the three months ended March 31, 2021.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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