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Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenues:    
Site Rental $ 1,588 $ 1,624
Services and other 53 149
Net Revenues 1,641 1,773
Operating expenses:    
Site rental [1] 430 415
Services and other [1] 34 104
Selling, general and administrative 183 195
Asset write-down charges 6 0
Depreciation, amortization and accretion 439 431
Restructuring Charges 11 0
Total operating expenses 1,103 1,145
Operating income (loss) 538 628
Interest expense and amortization of deferred financing costs, net (226) (202)
Interest income 4 2
Other income (expense) 2 (3)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 318 425
Benefit (provision) for income taxes (7) (7)
Net Income (Loss) Attributable to Parent 311 418
Foreign currency translation adjustments [2] (1) (1)
Total other comprehensive income (loss) [2] (1) (1)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ 310 $ 417
Earnings Per Share, Basic $ 0.72 $ 0.97
Earnings Per Share, Diluted $ 0.71 $ 0.97
Weighted-average common shares outstanding, basic 434 433
Weighted-average common shares outstanding, diluted 435 434
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] See the condensed consolidated statement of operations and other comprehensive income (loss) for the components of other comprehensive income (loss).