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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Activity Related to Goodwill | A summary of the changes in the carrying amount of goodwill follows (in millions):
|  | December 31,
|  | 2023 |  | 2022
Balance at beginning of period |  | $ | 4,137.1 |  |  | $ | 3,911.8 |
Acquisitions, including post acquisition adjustments |  | 225.9 |  |  | 269.7 |
Disposals and deconsolidations |  | (37.0) |  |  | (44.4) |
Balance at end of period |  | $ | 4,326.0 |  |  | $ | 4,137.1 |
Schedule of Components of Indefinite-Lived Intangible Assets | A summary of the components of intangible assets follows (in millions):
|  | December 31, 2023 |  | December 31, 2022
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Management rights agreements |  | $ | 42.8 |  |  | $ | (12.0) |  |  | $ | 30.8 |  |  | $ | 23.9 |  |  | $ | (10.2) |  |  | $ | 13.7 |
Other |  | 30.0 |  |  | (20.6) |  |  | 9.4 |  |  | 28.5 |  |  | (14.9) |  |  | 13.6 |
Total finite-lived intangible assets |  | 72.8 |  |  | (32.6) |  |  | 40.2 |  |  | 52.4 |  |  | (25.1) |  |  | 27.3 |
Indefinite-lived intangible assets |  | 14.6 |  |  | — |  |  | 14.6 |  |  | 15.0 |  |  | — |  |  | 15.0 |
Total intangible assets |  | $ | 87.4 |  |  | $ | (32.6) |  |  | $ | 54.8 |  |  | $ | 67.4 |  |  | $ | (25.1) |  |  | $ | 42.3 |
Schedule of Components of Finite-Lived Intangible Assets | A summary of the components of intangible assets follows (in millions):
|  | December 31, 2023 |  | December 31, 2022
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Management rights agreements |  | $ | 42.8 |  |  | $ | (12.0) |  |  | $ | 30.8 |  |  | $ | 23.9 |  |  | $ | (10.2) |  |  | $ | 13.7 |
Other |  | 30.0 |  |  | (20.6) |  |  | 9.4 |  |  | 28.5 |  |  | (14.9) |  |  | 13.6 |
Total finite-lived intangible assets |  | 72.8 |  |  | (32.6) |  |  | 40.2 |  |  | 52.4 |  |  | (25.1) |  |  | 27.3 |
Indefinite-lived intangible assets |  | 14.6 |  |  | — |  |  | 14.6 |  |  | 15.0 |  |  | — |  |  | 15.0 |
Total intangible assets |  | $ | 87.4 |  |  | $ | (32.6) |  |  | $ | 54.8 |  |  | $ | 67.4 |  |  | $ | (25.1) |  |  | $ | 42.3 |
Schedule of Amortization Expense | Total estimated amortization expense for the next five years and thereafter related to intangible assets follows (in millions):
2024 |  | $ | 5.8 |
2025 |  | 5.3 |
2026 |  | 5.0 |
2027 |  | 3.8 |
2028 |  | 3.3 |
Thereafter |  | 17.0 |
Total |  | $ | 40.2 |

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