Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

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 December 31,
(in millions)	2019		2018
Land	$	98.8	$	97.5
Buildings and improvements	50.4		48.7
Advertising structures	1,866.1		1,789.4
Furniture, equipment and other	153.1		134.3
Construction in progress	25.4		19.3
	2,193.8		2,089.2
Less accumulated depreciation	1,527.6		1,436.3
Property and equipment, net	$	666.2	$	652.9

Depreciation expense was $87.3 million in 2019, $85.9 million in 2018 and $89.7 million in 2017.