Amortizable Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Amortizable Intangible Assets

Amortizable intangible assets at December 31, 2022 and 2021 consisted of the following:

	December 31, 2022											December 31, 2021
(in millions)	Gross carrying value			Accumulated amortization			Net carrying value			Weighted average life in years(1)		Gross carrying value		Accumulated amortization			Net carrying value		Weighted average life in years(1)
Purchased customer accounts	$	2,957.7		$	(1,363.7	)	$	1,594.0			14.8	$	2,311.6	$	(1,235.3	)	$	1,076.3		14.9
Non-compete agreements		39.3			(34.0	)		5.3			4.4		37.6		(32.4	)		5.2		4.5
Foreign currency translation adjustments during the year		(4.5	)		0.4			(4.1	)				—		—			—
Total	$	2,992.5		$	(1,397.3	)	$	1,595.2				$	2,349.2	$	(1,267.7	)	$	1,081.5

(1)Weighted average life calculated as of the date of acquisition.