diff --git a/PHPCSUtils/Utils/Arrays.php b/PHPCSUtils/Utils/Arrays.php
index ce321b04..3fe7a100 100644
--- a/PHPCSUtils/Utils/Arrays.php
+++ b/PHPCSUtils/Utils/Arrays.php
@@ -39,6 +39,7 @@ final class Arrays
         \T_OPEN_SHORT_ARRAY => \T_OPEN_SHORT_ARRAY,
 
         // Inline function, control structures and other things to skip over.
+        \T_LIST             => \T_LIST,
         \T_FN               => \T_FN,
         \T_MATCH            => \T_MATCH,
         \T_ATTRIBUTE        => \T_ATTRIBUTE,
@@ -208,6 +209,14 @@ public static function getDoubleArrowPtr(File $phpcsFile, $start, $end)
                 continue;
             }
 
+            // Skip over potentially keyed long lists.
+            if ($tokens[$doubleArrow]['code'] === \T_LIST
+                && isset($tokens[$doubleArrow]['parenthesis_closer'])
+            ) {
+                $doubleArrow = $tokens[$doubleArrow]['parenthesis_closer'];
+                continue;
+            }
+
             // Start of nested long/short array.
             break;
         } while ($doubleArrow < $end);
diff --git a/Tests/Utils/Arrays/GetDoubleArrowPtrTest.inc b/Tests/Utils/Arrays/GetDoubleArrowPtrTest.inc
index c0e6a866..ce5a865b 100644
--- a/Tests/Utils/Arrays/GetDoubleArrowPtrTest.inc
+++ b/Tests/Utils/Arrays/GetDoubleArrowPtrTest.inc
@@ -104,6 +104,12 @@ $array = [
         FOO     => BAR,
         default => [0 => 10],
     } => 'value',
+    
+    /* testNoArrowKeyedLongListInValue */
+    list( 'key1' => $a, 'key2' => $b ) = $array,
+
+    /* testNoArrowKeyedShortListInValue */
+    [ 'key1' => $a, 'key2' => $b ] = $array,
 
     /* testNoArrowValueClosureWithAttribute */
     #[MyAttribute([0 => 'value'])] function() { /* do something */ }(),
diff --git a/Tests/Utils/Arrays/GetDoubleArrowPtrTest.php b/Tests/Utils/Arrays/GetDoubleArrowPtrTest.php
index d0057d16..a0785fc2 100644
--- a/Tests/Utils/Arrays/GetDoubleArrowPtrTest.php
+++ b/Tests/Utils/Arrays/GetDoubleArrowPtrTest.php
@@ -234,6 +234,16 @@ public static function dataGetDoubleArrowPtr()
                 'expected'   => 38,
             ],
 
+            // Safeguard that PHP 7.2 keyed lists in values are handled correctly.
+            'test-no-arrow-value-keyed-long-list' => [
+                'testMarker' => '/* testNoArrowKeyedLongListInValue */',
+                'expected'   => false,
+            ],
+            'test-no-arrow-value-keyed-short-list' => [
+                'testMarker' => '/* testNoArrowKeyedShortListInValue */',
+                'expected'   => false,
+            ],
+
             // Safeguard that double arrows in PHP 8.0 attributes are disregarded.
             'test-no-arrow-value-closure-with-attached-attribute-containing-arrow' => [
                 'testMarker' => '/* testNoArrowValueClosureWithAttribute */',