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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 205,063 $ 193,555
Accounts receivable (less allowances of $56,981 and $42,856 as of December 31, 2020 and 2019, respectively) 859,344 850,701
Prepaid expenses and other 205,380 192,083
Total Current Assets 1,269,787 1,236,339
Property, Plant and Equipment:    
Property, plant and equipment 8,246,337 8,048,906
Less—Accumulated depreciation (3,743,894) (3,425,869)
Property, Plant and Equipment, net 4,502,443 4,623,037
Other Assets, Net:    
Goodwill 4,557,609 4,485,209
Customer relationships, customer inducements and data center lease-based intangibles 1,326,977 1,393,183
Operating lease right-of-use assets 2,196,502 1,869,101
Other 295,949 209,947
Total Other Assets, Net 8,377,037 7,957,440
Total Assets 14,149,267 13,816,816
Current Liabilities:    
Current portion of long-term debt 193,759 389,013
Accounts payable 359,863 324,708
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities) 1,146,288 961,752
Deferred revenue 295,785 274,036
Total Current Liabilities 1,995,695 1,949,509
Long-term Debt, net of current portion 8,509,555 8,275,566
Long-term Operating Lease Liabilities, net of current portion 2,044,598 1,728,686
Other Long-term Liabilities 204,508 143,018
Deferred Income Taxes 198,377 188,128
Commitments and Contingencies
Redeemable Noncontrolling Interests 59,805 67,682
Iron Mountain Incorporated Stockholders’ Equity:    
Preferred stock (par value $0.01; authorized 10,000,000 shares; none issued and outstanding) 0 0
Common stock (par value $0.01; authorized 400,000,000 shares; issued and outstanding 288,273,049 shares and 287,299,645 shares as of December 31, 2020 and 2019, respectively) 2,883 2,873
Additional paid-in capital 4,340,078 4,298,566
(Distributions in excess of earnings) Earnings in excess of distributions (2,950,339) (2,574,896)
Accumulated other comprehensive items, net (255,893) (262,581)
Total Iron Mountain Incorporated Stockholders’ Equity 1,136,729 1,463,962
Noncontrolling Interests 0 265
Total Equity 1,136,729 1,464,227
Total Liabilities and Equity $ 14,149,267 $ 13,816,816