XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 242 $ 196
Restricted cash 174 137
Receivables, net 455 596
Prepaid expenses 112 107
Other current assets 201 168
Total current assets 1,184 1,204
Deferred site rental receivables 1,420 1,424
Property and equipment, net of accumulated depreciation of $10,523 and $9,668, respectively 15,092 14,666
Operating lease right-of-use assets 6,357 6,133
Goodwill 10,078 10,078
Other intangible assets, net 4,535 4,836
Other assets, net 120 116
Total assets 38,786 38,457
Current liabilities:    
Accounts payable 264 334
Accrued interest 122 169
Deferred revenues 787 657
Other accrued liabilities 322 361
Current maturities of debt and other obligations 114 100
Current portion of operating lease liabilities 316 299
Total current liabilities 1,925 1,920
Debt and other long-term obligations 19,190 18,021
Operating lease liabilities 5,713 5,511
Other long-term liabilities 2,456 2,516
Total liabilities 29,284 27,968
CCIC stockholders' equity:    
Common stock, $0.01 par value; 600 shares authorized; shares issued and outstanding: September 30, 2020—431 and December 31, 2019—416 4 4
6.875% Mandatory Convertible Preferred Stock, Series A, $0.01 par value; 20 shares authorized; shares issued and outstanding: September 30, 2020—0 and December 31, 2019—2; aggregate liquidation value: September 30, 2020—$0 and December 31, 2019—$1,650 0 0
Additional paid-in capital 17,904 17,855
Accumulated other comprehensive income (loss) (4) (5)
Dividends/distributions in excess of earnings (8,402) (7,365)
Total equity 9,502 10,489
Total liabilities and equity $ 38,786 $ 38,457