Consolidated Statements of Financial Position (Unaudited) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 67.2	$ 99.9
Receivables, less allowance ($25.0 in 2026 and $23.2 in 2025)	294.3	365.7
Prepaid lease and transit franchise costs	2.6	5.1
Prepaid MTA equipment deployment costs	0.2	0.0
Other prepaid expenses	25.6	21.9
Other current assets	11.6	11.1
Total current assets	401.5	503.7
Noncurrent assets:
Property and equipment, net	644.3	643.8
Goodwill	2,006.4	2,006.4
Intangible assets	603.6	612.0
Operating lease assets	1,553.8	1,521.5
Other assets	28.5	24.2
Total assets	5,238.1	5,311.6
Current liabilities:
Accounts payable	33.3	50.2
Accrued compensation	42.4	72.3
Accrued interest	23.4	35.1
Accrued lease and franchise costs	62.7	72.2
Other accrued expenses	63.2	55.5
Deferred revenues	60.1	57.7
Short-term operating lease liabilities	179.5	172.9
Other current liabilities	27.6	29.4
Total current liabilities	492.2	545.3
Noncurrent liabilities:
Long-term debt, net	2,584.5	2,583.4
Asset retirement obligation	34.1	34.0
Operating lease liabilities	1,398.9	1,374.7
Other liabilities	39.2	40.3
Total liabilities	4,548.9	4,577.7
Commitments and contingencies
Redeemable noncontrolling interests	25.8	22.0
Stockholders’ equity:
Common stock (2026 - 450.0 shares authorized, and 176.1 shares issued and outstanding; 2025 - 450.0 shares authorized, and 175.2 issued and outstanding)	1.8	1.8
Additional paid-in capital	2,604.6	2,619.3
Distribution in excess of earnings	(1,944.6)	(1,910.8)
Accumulated other comprehensive loss	0.1	0.1
Total stockholders' equity	661.9	710.4
Non-controlling interests	1.5	1.5
Total liabilities and equity	$ 5,238.1	$ 5,311.6