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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 255,828 $ 205,063
Accounts receivable (less allowances of $62,009 and $56,981 as of December 31, 2021 and 2020, respectively) 961,419 859,344
Prepaid expenses and other 224,020 205,380
Total Current Assets 1,441,267 1,269,787
Property, Plant and Equipment:    
Property, plant and equipment 8,647,303 8,246,337
Less—Accumulated depreciation (3,979,159) (3,743,894)
Property, Plant and Equipment, net 4,668,144 4,502,443
Other Assets, Net:    
Goodwill 4,463,531 4,557,609
Customer relationships, customer inducements and data center lease-based intangibles 1,181,043 1,326,977
Operating lease right-of-use assets 2,314,422 2,196,502
Other 381,624 295,949
Total Other Assets, Net 8,340,620 8,377,037
Total Assets 14,450,031 14,149,267
Current Liabilities:    
Current portion of long-term debt 309,428 193,759
Accounts payable 369,145 359,863
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities) 1,032,537 1,146,288
Deferred revenue 307,470 295,785
Total Current Liabilities 2,018,580 1,995,695
Long-term Debt, net of current portion 8,962,513 8,509,555
Long-term Operating Lease Liabilities, net of current portion 2,171,472 2,044,598
Other Long-term Liabilities 144,053 204,508
Deferred Income Taxes 223,934 198,377
Commitments and Contingencies
Redeemable Noncontrolling Interests 72,411 59,805
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 289,757,061 shares and 288,273,049 shares as of December 31, 2021 and 2020, respectively) 2,898 2,883
Additional paid-in capital 4,412,553 4,340,078
(Distributions in excess of earnings) Earnings in excess of distributions (3,221,152) (2,950,339)
Accumulated other comprehensive items, net (338,347) (255,893)
Total Iron Mountain Incorporated Stockholders’ Equity 855,952 1,136,729
Noncontrolling Interests 1,116 0
Total Equity 857,068 1,136,729
Total Liabilities and Equity $ 14,450,031 $ 14,149,267