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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 222,789 $ 141,797
Accounts receivable (less allowances of $74,762 and $54,143 as of December 31, 2023 and 2022, respectively) 1,259,826 1,174,915
Prepaid expenses and other 252,930 230,433
Total Current Assets 1,735,545 1,547,145
Property, plant and equipment 10,373,989 9,025,765
Less—Accumulated depreciation (4,059,120) (3,910,321)
Property, Plant and Equipment, net 6,314,869 5,115,444
Other Assets, Net:    
Goodwill 5,017,912 4,882,734
Customer and supplier relationships and other intangible assets 1,279,800 1,423,145
Operating lease right-of-use assets 2,696,024 2,583,704
Other 429,652 588,342
Total Other Assets, Net 9,423,388 9,477,925
Total Assets 17,473,802 16,140,514
Current Liabilities:    
Current portion of long-term debt 120,670 87,546
Accounts payable 539,594 469,198
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities) 1,250,259 1,031,910
Deferred revenue 325,665 328,910
Total Current Liabilities 2,236,188 1,917,564
Long-term Debt, net of current portion 11,812,500 10,481,449
Long-term Operating Lease Liabilities, net of current portion 2,562,394 2,429,167
Other Long-term Liabilities 237,590 317,376
Deferred Income Taxes 235,410 263,005
Commitments and Contingencies
Redeemable Noncontrolling Interests 177,947 95,160
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 292,142,739 shares and 290,830,296 shares as of December 31, 2023 and 2022, respectively) 2,921 2,908
Additional paid-in capital 4,533,691 4,468,035
(Distributions in excess of earnings) earnings in excess of distributions (3,953,808) (3,392,272)
Accumulated other comprehensive items, net (371,156) (442,003)
Total Iron Mountain Incorporated Stockholders’ Equity 211,648 636,668
Noncontrolling Interests 125 125
Total Equity 211,773 636,793
Total Liabilities and Equity $ 17,473,802 $ 16,140,514