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Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Intangible Assets, Gross (Excluding Goodwill) [Abstract]  
Schedule of Other Intangible Assets

Other intangible assets are summarized as follows:

 

 

December 31,

 

(in millions)

 

2023

 

 

2022

 

Finite-lived intangible assets:

 

 

 

 

 

 

Customer relationships

 

$

191.4

 

 

$

191.0

 

Noncompete agreements

 

 

28.2

 

 

 

33.8

 

Trademarks

 

 

70.6

 

 

 

70.6

 

Internal-use software licenses

 

 

16.5

 

 

 

24.0

 

Patents

 

 

2.8

 

 

 

2.8

 

 

 

309.5

 

 

 

322.2

 

Accumulated amortization

 

 

(172.6

)

 

 

(145.3

)

 

 

136.9

 

 

 

176.9

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

Licenses

 

 

16.9

 

 

 

16.9

 

 

$

153.8

 

 

$

193.8

 

 

Estimated Amortization Expense for Finite-Lived Intangible Assets

Estimated amortization expense for finite-lived intangible assets for the next five years is as follows:

 

Year

 

(in millions)

 

2024

 

$

38.2

 

2025

 

$

27.3

 

2026

 

$

26.1

 

2027

 

$

11.6

 

2028

 

$

7.2