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Description of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table reconciles the amounts below reported in the Consolidated Balance Sheets to the total of the same such amounts shown in the Consolidated Statements of Cash Flows:
Years Ended December 31,
(in thousands)202320222021
Cash and cash equivalents$14,621 $257,223 $24,453 
Restricted cash and restricted cash equivalents115,329 116,357 8,824 
Ending balance$129,950 $373,580 $33,277 
Schedule of Restricted Cash and Cash Equivalents
The following table reconciles the amounts below reported in the Consolidated Balance Sheets to the total of the same such amounts shown in the Consolidated Statements of Cash Flows:
Years Ended December 31,
(in thousands)202320222021
Cash and cash equivalents$14,621 $257,223 $24,453 
Restricted cash and restricted cash equivalents115,329 116,357 8,824 
Ending balance$129,950 $373,580 $33,277 
Supplementary Cash Flow Information
The following table summarizes supplementary cash flow information and material non-cash investing and financing transactions, excluding leases (refer to Note 15 “Leases”):
Years Ended December 31,
(in thousands)202320222021
Interest paid, net of interest income received(1)
$522,775 $470,947 $512,628 
Payments (refunds) on income taxes, net$60,296 $22,654 $1,877 
Issuance of shares for acquisition of businesses(2)
$— $55,485 $528,503 
Contingent forward purchase contract(3)
$— $41,938 $— 
___________________
(1)Includes finance leases and interest rate swaps. Refer to Note 9 “Derivative Financial Instruments.”
(2)2021 relates to the ADT Solar Acquisition and 2022 includes $40 million related to the Delayed Shares (as defined and discussed in Note 4 “Acquisitions”) as a result of the ADT Solar Acquisition.
(3)During 2022, the Company recorded a reduction to additional paid in capital as a result of the contingent forward purchase contract in connection with the Tender Offer (as defined and discussed in Note 11 “Equity”).
Years Ended December 31,
(in thousands)
202320222021
Cash paid for amounts included in the measurement of lease liabilities
Operating leases:
Operating cash flows$42,883 $47,708 $50,721 
Finance Leases:
Operating cash flows$4,940 $3,680 $2,823 
Financing cash flows$43,733 $44,978 $32,123 
Right-of-use assets obtained in exchange for lease obligations
Operating leases$41,338 $49,193 $21,203 
Finance leases$79,273 $48,439 $46,920 
__________________
(1)Includes both continuing and discontinued operations consistent with the presentation on the Consolidated Statements of Cash Flows.
Schedule of Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Current Assets
December 31,
(in thousands)20232022
Prepaid expenses$49,734 $26,142 
Contract assets (see Note 2 “Revenue and Receivables”)
15,365 32,495 
Fair value of interest rate swaps (see Note 9 “Derivative Financial Instruments”)
74,974 78,110 
Other receivables(1)
28,835 121,225 
Other current assets85,257 48,631 
Prepaid expenses and other current assets$254,165 $306,603 
___________________
(1)As of December 31, 2023 and 2022, the Company recorded a liability of $15 million and $88 million, respectively, which is reflected in accrued expenses and other current liabilities and which relates to certain loans provided to customers within the Solar business that the Company may be required to repurchase from third party lenders. Included in other receivables is the amount that the Company expects to recover if permission to operate is achieved in the event the third party lenders do require the Company to repurchase such loans.
Schedule of Property, Plant and Equipment and Depreciation Expense
Property and equipment, net, is recorded at historical cost less accumulated depreciation, which is calculated using the straight-line method over the estimated useful lives of the related assets. Depreciation expense is reflected in depreciation and intangible asset amortization. Repairs and maintenance expenditures are expensed when incurred.
Useful Lives:
Buildings and related improvements
Up to 40 years
Leasehold improvementsLesser of remaining term of the lease or economic useful life
Capitalized software
3 to 10 years
Machinery, equipment, and other
Up to 10 years
Net Carrying Amount:
December 31,
(in thousands)20232022
Land$10,313 $12,272 
Buildings and leasehold improvements95,652 94,899 
Capitalized software524,088 504,241 
Machinery, equipment, and other168,343 170,622 
Construction in progress34,302 12,571 
Finance leases142,441 127,226 
Accumulated depreciation(691,969)(615,640)
Property and equipment, net$283,170 $306,191 
Depreciation Expense:
Years Ended December 31,
(in thousands)202320222021
Depreciation expense$191,904 $173,013 $165,392 
Schedule of Subscriber System Assets, Net
Subscriber system assets represent capitalized equipment and installation costs incurred in connection with transactions in which the Company retains ownership of the security system and are reflected in the Consolidated Balance Sheets as follows:
December 31,
(in thousands)20232022
Gross carrying amount$6,404,479 $5,981,008 
Accumulated depreciation(3,398,543)(3,062,468)
Subscriber system assets, net$3,005,936 $2,918,540 
Schedule of Subscriber System Depreciation and Amortization Cost
Depreciation of subscriber system assets and amortization of deferred subscriber acquisition costs are reflected in depreciation and intangible asset amortization and selling, general, and administrative expenses, respectively, as follows:
Years Ended December 31,
(in thousands)202320222021
Depreciation of subscriber system assets$545,041 $531,013 $488,557 
Amortization of deferred subscriber acquisition costs$188,222 $154,186 $118,162 
Schedule of Accrued Liabilities
December 31,
(in thousands)20232022
Accrued interest$111,204 $156,495 
Payroll-related accruals118,495 139,709 
Operating lease liabilities (see Note 15 “Leases”)
15,979 20,741 
Fair value of interest rate swaps (see Note 9 “Derivative Financial Instruments”)
5,312 — 
Opportunity Fund (see Note 11 “Equity”)
93,950 100,802 
Other accrued liabilities256,375 358,992 
Accrued expenses and other current liabilities$601,315 $776,739 
Schedule of Radio Conversion Costs and Revenue
Radio conversion costs and radio conversion revenue are reflected in selling, general, and administrative expenses and monitoring and related services revenue, respectively, as follows:
Years Ended December 31,
(in thousands)202320222021
Radio conversion costs$1,968 $29,766 $240,902 
Radio conversion revenue$6,664 $28,058 $39,100 
Schedule of Carrying Amount and Fair Value of Retail Installment Contract Receivables
December 31,
20232022
(in thousands)Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
Retail installment contract receivables, net$673,635 $487,685 $531,516 $385,114 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments and Securities
December 31,
20232022
(in thousands)Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
Long-term debt instruments subject to fair value disclosures(1)
$7,756,800 $7,732,159 $9,733,700 $9,312,932 
________________
(1)    Excludes finance leases.