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Operating Segments Operating Segments Table (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting Information [Line Items]          
Tower Count 40,000   40,000    
Fiber Miles 90,000   90,000    
Small Cells on Air or Under Contract 115,000   115,000    
Amortization of prepaid lease purchase price adjustments $ 4 $ 4 $ 8 $ 8  
Site Rental 1,580 1,728 3,168 3,352  
Services and other 46 139 99 288  
Segment Revenues 1,626 1,867 3,267 3,640  
Segment site rental cost of operations [1] 432 424 862 839  
Services and other [1] 27 98 61 202  
Segment selling, general and administrative expenses 204 210 387 405  
Stock-based compensation expense, net     78 91  
Depreciation, Amortization and Accretion, Net 430 445 869 876  
Restructuring Charges 45 0 56    
Interest expense and amortization of deferred financing costs, net 230 208 456 410  
Capital expenditures     649 720  
Total Assets 38,246   38,246   $ 38,527
Restricted Cash and Cash Equivalents, Noncurrent 5   5   $ 5
Segments [Domain]          
Segment Reporting Information [Line Items]          
Site Rental 1,580 1,728 3,168 3,352  
Services and other 46 139 99 288  
Segment Revenues 1,626 1,867 3,267 3,640  
Segment site rental cost of operations 423 414 843 820  
Services and other 25 95 58 196  
Segment cost of operations [3] 448 [2] 509 [2] 901 [4] 1,016 [4]  
Segment site rental gross margin 1,157 1,314 2,325 2,532  
Segment services gross margin 21 44 41 92  
Segment selling, general and administrative expenses 105 [2] 88 [2] 189 [4] 170 [4]  
Segment General and Administrative Expenses [Line Items] 66 [2] 81 [2] 134 [4] 161 [4]  
Segment Operating Profit 1,112 1,277 2,232 2,463  
Stock-based compensation expense, net 40 50 78 91  
Depreciation, Amortization and Accretion, Net 430 445 869 876  
Restructuring Charges 45 0 56 0  
Interest expense and amortization of deferred financing costs, net 230 208 456 410  
Other expenses to reconcile to income (loss) from continuing operations before income taxes [5] 4 24 8 28  
Income (loss) before income taxes 258 462 576 888  
Capital expenditures 329 379 649 720  
Total Assets 38,246 39,042 38,246 39,042  
Segment cost of operations share-based compensation [Member]          
Segment Reporting Information [Line Items]          
Stock-based compensation expense, net 7 9 14 17  
Towers [Member]          
Segment Reporting Information [Line Items]          
Site Rental 1,064 1,080 2,132 2,161  
Services and other 43 124 89 270  
Segment Revenues 1,107 1,204 2,221 2,431  
Segment site rental cost of operations 245 243 483 477  
Services and other 23 92 51 191  
Segment cost of operations [3] 268 [2] 335 [2] 534 [4] 668 [4]  
Segment site rental gross margin 819 837 1,649 1,684  
Segment services gross margin 20 32 38 79  
Segment selling, general and administrative expenses 16 [2] 30 [2] 37 [4] 61 [4]  
Segment Operating Profit 823 839 1,650 1,702  
Restructuring Charges 6        
Capital expenditures 29 61 64 111  
Total Assets 21,177 21,973 21,177 21,973  
Fiber [Member]          
Segment Reporting Information [Line Items]          
Site Rental 516 648 1,036 1,191  
Services and other 3 15 10 18  
Segment Revenues 519 663 1,046 1,209  
Segment site rental cost of operations 178 171 360 343  
Services and other 2 3 7 5  
Segment cost of operations [3] 180 [2] 174 [2] 367 [4] 348 [4]  
Segment site rental gross margin 338 477 676 848  
Segment services gross margin 1 12 3 13  
Segment selling, general and administrative expenses 50 [2] 51 [2] 97 [4] 100 [4]  
Segment Operating Profit 289 438 582 761  
Restructuring Charges 31        
Capital expenditures 289 306 562 585  
Total Assets 16,358 16,166 16,358 16,166  
Corporate and Other [Member]          
Segment Reporting Information [Line Items]          
Segment selling, general and administrative expenses 105 [2] 88 [2] 189 [4] 170 [4]  
Stock-based compensation expense, net 40 50 78 91  
Depreciation, Amortization and Accretion, Net 430 445 869 876  
Restructuring Charges 45 0 56 0  
Interest expense and amortization of deferred financing costs, net 230 208 456 410  
Other expenses to reconcile to income (loss) from continuing operations before income taxes [5] 4 24 8 28  
Capital expenditures 11 12 23 24  
Total Assets 711 903 711 903  
Segment G&A share-based compensation [Member]          
Segment Reporting Information [Line Items]          
Stock-based compensation expense, net $ 33 $ 41 $ 64 $ 74  
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] Segment costs of operations excludes (1) stock-based compensation expense, net of $7 million and $9 million for the three months ended June 30, 2024 and 2023, respectively and (2) prepaid lease purchase price adjustments of $4 million for each of the three months ended June 30, 2024 and 2023. Segment selling, general and administrative expenses and other selling, general and administrative expenses exclude stock-based compensation expense, net of $33 million and $41 million for the three months ended June 30, 2024 and 2023, respectively.
[3] Exclusive of depreciation, amortization and accretion shown separately.
[4] Segment costs of operations excludes (1) stock-based compensation expense, net of $14 million and $17 million for the six months ended June 30, 2024 and 2023, respectively, and (2) prepaid lease purchase price adjustments of $8 million for each of the six months ended June 30, 2024 and 2023. Segment selling, general and administrative expenses and other selling, general and administrative expenses exclude stock-based compensation expense, net of $64 million and $74 million for the six months ended June 30, 2024 and 2023, respectively.
[5] See condensed consolidated statement of operations and comprehensive income (loss) for further information.