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Operating Segments Operating Segments (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

			Three Months Ended March 31, 2024																								Three Months Ended March 31, 2023
			Towers						Fiber						Other						Total						Towers						Fiber						Other						Total
Segment site rental revenues			$	1,068					$	520											$	1,588					$	1,081					$	543											$	1,624
Segment services and other revenues			46						7												53						146						3												149
Segment revenues			1,114						527												1,641						1,227						546												1,773
Segment site rental costs of operations			239						182												421						234						172												406
Segment services and other costs of operations			28						4												32						99						2												101
Segment costs of operations(a)(b)			267						186												453						333						174												507
Segment site rental gross margin			829						338												1,167						847						371												1,218
Segment services and other gross margin			18						3												21						47						1												48
Segment selling, general and administrative expenses(b)			21						47												68						31						49												80
Segment operating profit (loss)			826						294												1,120						863						323												1,186
Other selling, general and administrative expenses(b)															$	84					84																		$	82					82
Stock-based compensation expense, net															38						38																		41						41
Depreciation, amortization and accretion															439						439																		431						431
Restructuring charges															11						11																		—						—
Interest expense and amortization of deferred financing costs, net															226						226																		202						202
Other (income) expenses to reconcile to income (loss) before income taxes(c)															4						4																		5						5
Income (loss) before income taxes																					$	318																							$	425
Capital expenditures			$	35					$	273					$	12					$	320					$	50					$	279					$	12					$	341
Total assets (at period end)			$	21,270					$	16,281					$	680					$	38,231					$	22,185					$	16,091					$	778					$	39,054

(a)Exclusive of depreciation, amortization and accretion shown separately.

(b)Segment costs of operations excludes (1) stock-based compensation expense, net of $7 million and $8 million for the three months ended March 31, 2024 and 2023, respectively and (2) prepaid lease purchase price adjustments of $4 million for each of the three months ended March 31, 2024 and 2023. Segment selling, general and administrative expenses and other selling, general and administrative expenses exclude stock-based compensation expense, net of $31 million and $33 million for the three months ended March 31, 2024 and 2023, respectively.

(c)See condensed consolidated statement of operations and comprehensive income (loss) for further information.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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