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BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Summarized Financial Information Concerning the Company's Reportable Segments
Summarized financial information concerning the Company’s reportable segments for the three months ended March 31, 2025 and 2024 is shown in the following tables. The “Other” column (i) represents amounts excluded from specific segments, such as business development operations, stock-based compensation expense and corporate expenses included in Selling, general, administrative and development expense; Other operating expenses; Interest income; Interest expense; Gain (loss) on retirement of long-term obligations; and Other income (expense), and (ii) reconciles segment operating profit to Income from continuing operations before income taxes.
PropertyTotal 
Property

Services
OtherTotal
Three Months Ended March 31, 2025U.S. & CanadaAfrica & APACEuropeLatin AmericaData Centers
Segment revenues$1,298.3 $333.6 $213.0 $399.2 $244.1 $2,488.2 $74.6 $2,562.8 
Segment operating expenses202.3 99.3 76.0 122.7 99.3 599.6 34.9 634.5 
Segment gross margin1,096.0 234.3 137.0 276.5 144.8 1,888.6 39.7 1,928.3 
Segment selling, general, administrative and development expense (1)39.3 20.1 15.8 21.0 22.9 119.1 6.4 125.5 
Segment operating profit$1,056.7 $214.2 $121.2 $255.5 $121.9 $1,769.5 $33.3 $1,802.8 
Stock-based compensation expense$53.4 53.4 
Other selling, general, administrative and development expense58.6 58.6 
Depreciation, amortization and accretion492.5 492.5 
Other expense (2)580.8 580.8 
Income from continuing operations before income taxes $617.5 
Total assets$26,842.6 $4,081.3 $11,849.5 $7,932.8 $10,446.3 $61,152.5 $131.5 $771.6 $62,055.6 
Capital expenditures$83.9 $54.4 $45.7 $25.4 $129.3 $338.7 $— $1.3 $340.0 
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(1)Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $53.4 million.
(2)Primarily includes interest expense and losses from foreign currency exchange rate fluctuations, partially offset by a gain on the sale of South Africa Fiber of $53.6 million.
PropertyTotal 
Property

Services
OtherTotal
Three Months Ended March 31, 2024U.S. & CanadaAfrica & APAC (1)EuropeLatin AmericaData Centers
Segment revenues$1,310.7 $297.1 $204.5 $445.5 $224.6 $2,482.4 $30.2 $2,512.6 
Segment operating expenses204.3 94.0 73.5 140.3 92.9 605.0 13.9 618.9 
Segment gross margin1,106.4 203.1 131.0 305.2 131.7 1,877.4 16.3 1,893.7 
Segment selling, general, administrative and development expense (2)36.6 17.1 15.8 27.8 17.2 114.5 4.9 119.4 
Segment operating profit$1,069.8 $186.0 $115.2 $277.4 $114.5 $1,762.9 $11.4 $1,774.3 
Stock-based compensation expense$62.8 62.8 
Other selling, general, administrative and development expense62.1 62.1 
Depreciation, amortization and accretion508.8 508.8 
Other expense (3)219.3 219.3 
Income from continuing operations before income taxes $921.3 
Total assets (4)$26,879.0 $4,277.7 $11,676.0 $9,097.7 $10,455.1 $62,385.5 $67.4 $4,226.1 $66,679.0 
Capital expenditures (5)$70.9 $81.4 $50.1 $49.2 $121.1 $372.7 $— $29.4 $402.1 
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(1)Excludes the operating results of ATC TIPL, which are reported as discontinued operations. See note 15 for further discussion.
(2)Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $62.8 million.
(3)Primarily includes interest expense, partially offset by gains from foreign currency exchange rate fluctuations.
(4)Other total assets includes $3.5 billion of total assets of discontinued operations.
(5)Other capital expenditures includes capital expenditures associated with discontinued operations.