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Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets | Our identifiable intangible assets consist of the following:
(in millions) |  | Gross |  | Accumulated Amortization |  | Impairment |  | Net
As of March 31, 2024: |  |  |  |  |  |  |  |
Permits and leasehold agreements |  | $ | 1,540.2 |  |  | $ | (907.7) |  |  | $ | — |  |  | $ | 632.5 |
Franchise agreements(a) |  | 944.0 |  |  | (428.8) |  |  | (477.0) |  |  | 38.2 |
Other intangible assets |  | 19.4 |  |  | (7.2) |  |  | — |  |  | 12.2 |
Total intangible assets |  | $ | 2,503.6 |  |  | $ | (1,343.7) |  |  | $ | (477.0) |  |  | $ | 682.9 |
As of December 31, 2023: |  |  |  |  |  |  |  |
Permits and leasehold agreements |  | $ | 1,535.5 |  |  | $ | (893.8) |  |  | $ | — |  |  | $ | 641.7 |
Franchise agreements(a) |  | 934.8 |  |  | (426.4) |  |  | (467.9) |  |  | 40.5 |
Other intangible assets |  | 19.5 |  |  | (6.3) |  |  | — |  |  | 13.2 |
Total intangible assets |  | $ | 2,489.8 |  |  | $ | (1,326.5) |  |  | $ | (467.9) |  |  | $ | 695.4 |
(a)We reclassified all Prepaid MTA equipment deployment costs (see Note 16. Commitments and Contingencies) and recorded impairments in the second, third and fourth quarters of 2023, as well as the first quarter of 2024, due to the long-term outlook of our U.S. Transit and Other reporting unit.

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
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