XML 49 R38.htm IDEA: XBRL DOCUMENT v3.23.1
Operating Segments Operating Segments Table (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2023
USD ($)
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting Information [Line Items]      
Tower Count 40,000    
Fiber Miles 85,000    
Amortization of prepaid lease purchase price adjustments $ 4 $ 4  
Site Rental 1,624 1,576  
Services and other 149 166  
Segment Revenues 1,773 1,742  
Segment site rental cost of operations [1] 415 396  
Services and other [1] 104 113  
Segment selling, general and administrative expenses 195 181  
Stock-based compensation expense, net 41 38  
Depreciation, Amortization and Accretion, Net 431 420  
Interest expense and amortization of deferred financing costs, net 202 164  
Capital expenditures 341 281  
Total Assets 39,054   $ 38,921
Segments [Domain]      
Segment Reporting Information [Line Items]      
Site Rental 1,624 1,576  
Services and other 149 166  
Segment Revenues 1,773 1,742  
Segment site rental cost of operations 406 387  
Services and other 101 111  
Segment cost of operations [2],[3] 507 498  
Segment site rental gross margin 1,218 1,189  
Segment services gross margin 48 55  
Segment General and Administrative Expenses [Line Items] [3] 80 75  
Segment selling, general and administrative expenses 82 74  
Segment Operating Profit 1,186 1,169  
Stock-based compensation expense, net 41 39  
Depreciation, Amortization and Accretion, Net 431 420  
Interest expense and amortization of deferred financing costs, net 202 164  
Other expenses to reconcile to income (loss) from continuing operations before income taxes [4] 5 45  
Income (loss) before income taxes 425 427  
Capital expenditures 341 281  
Total Assets 39,054 39,051  
Segment cost of operations share-based compensation [Member]      
Segment Reporting Information [Line Items]      
Stock-based compensation expense, net 8 7  
Towers [Member]      
Segment Reporting Information [Line Items]      
Site Rental 1,081 1,075  
Services and other 146 163  
Segment Revenues 1,227 1,238  
Segment site rental cost of operations 234 225  
Services and other 99 109  
Segment cost of operations [2],[3] 333 334  
Segment site rental gross margin 847 850  
Segment services gross margin 47 54  
Segment selling, general and administrative expenses [3] 31 28  
Segment Operating Profit 863 876  
Capital expenditures 50 47  
Total Assets 22,185 22,330  
Fiber [Member]      
Segment Reporting Information [Line Items]      
Site Rental 543 501  
Services and other 3 3  
Segment Revenues 546 504  
Segment site rental cost of operations 172 162  
Services and other 2 2  
Segment cost of operations [2],[3] 174 164  
Segment site rental gross margin 371 339  
Segment services gross margin 1 1  
Segment selling, general and administrative expenses [3] 49 47  
Segment Operating Profit 323 293  
Capital expenditures 279 222  
Total Assets 16,091 15,839  
Corporate and Other [Member]      
Segment Reporting Information [Line Items]      
Segment selling, general and administrative expenses 82 74  
Stock-based compensation expense, net 41 39  
Depreciation, Amortization and Accretion, Net 431 420  
Interest expense and amortization of deferred financing costs, net 202 164  
Other expenses to reconcile to income (loss) from continuing operations before income taxes [4] 5 45  
Capital expenditures 12 12  
Total Assets 778 882  
Segment G&A share-based compensation [Member]      
Segment Reporting Information [Line Items]      
Stock-based compensation expense, net $ 33 $ 32  
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] Exclusive of depreciation, amortization and accretion shown separately.
[3] Segment costs of operations excludes (1) stock-based compensation expense, net of $8 million and $7 million for the three months ended March 31, 2023 and 2022, respectively, and (2) prepaid lease purchase price adjustments of $4 million for each of the three months ended March 31, 2023 and 2022. Segment selling, general and administrative expenses and other selling, general and administrative expenses exclude stock-based compensation expense, net of $33 million and $32 million for the three months ended March 31, 2023 and 2022, respectively.
[4] See condensed consolidated statement of operations and comprehensive income (loss) for further information.