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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 288 $ 277
Restricted cash 136 131
Receivables, net 591 501
Prepaid expenses(a) [1] 111 172
Other current assets 168 148
Total current assets 1,294 1,229
Deferred site rental receivables 1,391 1,366
Property and equipment, net of accumulated depreciation of $9,121 and $8,566, respectively 14,151 13,676
Operating lease right-of-use assets(a) [1] 6,053 0
Goodwill 10,078 10,078
Other intangible assets, net(a) [1] 5,074 5,516
Long-term prepaid rent and other assets, net(a) [1] 106 920
Total assets 38,147 32,785
Current liabilities:    
Accounts payable 337 313
Accrued interest 166 148
Deferred revenues 503 498
Other accrued liabilities(a) [1] 305 351
Current maturities of debt and other obligations 98 107
Current portion of operating lease liabilities(a) [1] 289 0
Total current liabilities 1,698 1,417
Debt and other long-term obligations 17,471 16,575
Operating lease liabilities(a) [1] 5,427 0
Other long-term liabilities(a) [1] 2,028 2,759
Total liabilities 26,624 20,751
CCIC stockholders' equity:    
Common stock, $0.01 par value; 600 shares authorized; shares issued and outstanding: June 30, 2019—416 and December 31, 2018—415 4 4
6.875% Mandatory Convertible Preferred Stock, Series A, $0.01 par value; 20 shares authorized; shares issued and outstanding: June 30, 2019—2 and December 31, 2018—2; aggregate liquidation value: June 30, 2019—$1,650 and December 31, 2018—$1,650 0 0
Additional paid-in capital 17,801 17,767
Accumulated other comprehensive income (loss) (5) (5)
Dividends/distributions in excess of earnings (6,277) (5,732)
Total equity 11,523 12,034
Total liabilities and equity $ 38,147 $ 32,785
[1]
See "Recently Adopted Accounting Pronouncements" in note 2 to the condensed consolidated financial statements for a discussion of the recently adopted lease standard.