Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Components of Interest Expense and Amortization of Deferred Financing Costs

The components of interest expense and amortization of deferred financing costs are as follows:

	Years Ended December 31,
	2022		2021		2020
Interest expense on debt obligations	$	685	$	644	$	683
Amortization of deferred financing costs and adjustments on long-term debt	26		25		23
Capitalized interest	(12)		(12)		(17)
Total	$	699	$	657	$	689

Reconciliation of the Numerators and Denominators of the Basic and Diluted Per Share Computations

A reconciliation of the numerators and denominators of the basic and diluted per share computations is shown in the table below.

	Years Ended December 31,
	2022		2021		2020
Income (loss) from continuing operations	$	1,675	$	1,158	$	1,056
Dividends/distributions on preferred stock	—		—		(57)
Income (loss) from continuing operations attributable to CCI common stockholders for basic and diluted computations	$	1,675	$	1,158	$	999
Income (loss) from discontinued operations, net of tax	$	—	$	(62)	$	—
Net income (loss) attributable to CCI common stockholders	$	1,675	$	1,096	$	999
Weighted-average number of common shares outstanding (in millions):
Basic weighted-average number of common stock outstanding	433		432		423
Effect of assumed dilution from potential issuance of common shares relating to RSUs	1		2		2
Diluted weighted-average number of common shares outstanding	434		434		425
Net income (loss) attributable to CCI common stockholders, per common share:
Income (loss) from continuing operations, basic	$	3.87	$	2.68	$	2.36
Income (loss) from discontinued operations, basic	—		(0.14)		—
Net income (loss) attributable to CCI common stockholders—basic	$	3.87	$	2.54	$	2.36
Income (loss) from continuing operations, diluted	$	3.86	$	2.67	$	2.35
Income (loss) from discontinued operations, diluted	—		(0.14)		—
Net income (loss) attributable to CCI common stockholders—diluted	$	3.86	$	2.53	$	2.35
Dividends/distributions declared per share of common stock	$	5.98	$	5.46	$	4.93