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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Gain on Sale of Subsidiary
Proceeds received at closing$137.7 
Net assets at closing(84.1)
Total gain on sale included in Other operating expenses (1)$53.6 
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(1)Excludes an estimated $20.8 million of taxes payable.
Proceeds received at closing$2,158.8 
Net assets at closing(2,257.6)
Loss on sale$(98.8)
Deal costs(20.5)
Contingent liability for tax indemnification(53.9)
Reclassification of cumulative translation adjustment(1,072.3)
Total loss on sale included in loss from discontinued operations, net of taxes$(1,245.5)
The following table presents key components of Income from discontinued operations, net of taxes in the consolidated statements of operations:
 Three Months Ended March 31,
 20252024
Revenue$— $321.5 
Cost of operations— (169.4)
Depreciation, amortization and accretion— (40.6)
Selling, general, administrative and development expense— (12.7)
Other operating expense— (3.2)
Operating income— 95.6 
Interest income— 17.0 
Interest expense— (2.9)
Other expense, net— (0.1)
Income from discontinued operations before taxes$— $109.6 
Income tax provision— (17.9)
Income from discontinued operations, net of taxes$— $91.7 
The following table presents key cash flow and non-cash information related to discontinued operations.
 Three Months Ended March 31,
 20252024
Capital expenditures— (26.2)
Significant non-cash items:
Depreciation, amortization and accretion— 40.6 
Stock-based compensation expense— 2.1 
Impairments, net loss on sale of long-lived assets, non-cash restructuring and merger related expenses— (1.6)
Loss (gain) on investments, unrealized foreign currency loss (gain) and other non-cash expense— 0.5 
Schedule of Cash and Cash Equivalents The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the statements of cash flows is as follows:
Three Months Ended March 31,
20252024
Cash and cash equivalents$2,103.7 $2,217.0 
Restricted cash135.5 127.3 
Cash and cash equivalents included in assets of discontinued operations— 172.1 
Restricted cash included in assets of discontinued operations— 0.3 
Total cash, cash equivalents and restricted cash$2,239.2 $2,516.7 
Schedule of Restrictions on Cash and Cash Equivalents The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the statements of cash flows is as follows:
Three Months Ended March 31,
20252024
Cash and cash equivalents$2,103.7 $2,217.0 
Restricted cash135.5 127.3 
Cash and cash equivalents included in assets of discontinued operations— 172.1 
Restricted cash included in assets of discontinued operations— 0.3 
Total cash, cash equivalents and restricted cash$2,239.2 $2,516.7 
Schedule of Revenue Disaggregated by Source and Geography
A summary of revenue disaggregated by source and geography is as follows:
Three Months Ended March 31, 2025U.S. & CanadaAfrica & APACEuropeLatin AmericaData CentersTotal
Non-lease property revenue$74.7 $12.0 $2.8 $26.0 $35.9 $151.4 
Services revenue74.6 — — — — 74.6 
Total non-lease revenue$149.3 $12.0 $2.8 $26.0 $35.9 $226.0 
Property lease revenue1,223.6 321.6 210.2 373.2 208.2 2,336.8 
Total revenue$1,372.9 $333.6 $213.0 $399.2 $244.1 $2,562.8 
Three Months Ended March 31, 2024U.S. & CanadaAfrica & APAC (1)EuropeLatin AmericaData CentersTotal
Non-lease property revenue$72.9 $6.1 $3.5 $28.7 $31.6 $142.8 
Services revenue30.2 — — — — 30.2 
Total non-lease revenue$103.1 $6.1 $3.5 $28.7 $31.6 $173.0 
Property lease revenue1,237.8 291.0 201.0 416.8 193.0 2,339.6 
Total revenue$1,340.9 $297.1 $204.5 $445.5 $224.6 $2,512.6 
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(1)Excludes the operating results of ATC TIPL (as defined in note 15), which are reported as discontinued operations. See note 15 for further discussion.