Schedule III - Schedule of Real Estate and Depreciation (Notes)

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block]

Description

Encumbrances

Initial Cost to Company

Cost Capitalized Subsequent to Acquisition

Gross Amount Carried at Close of Current Period

Accumulated Depreciation at Close of Current Period

Date of Construction

Date Acquired

Life on Which Depreciation in Latest Income Statement is Computed

Communications infrastructure(a)

$

1,760

(b)

(c)

(c)

$

29,383

$

(13,817)

Various

Various

Up to 20 years

(a)Includes (1) more than 40,000 towers, (2) approximately 115,000 small cells on air or under contract and (3) approximately 90,000 route miles of fiber. No single asset exceeds 5% of the aggregate gross amounts at which the assets were carried at the close of the period set forth in the table above.

(b)Encumbrances are reported at face value, without contemplating the effect of deferred financing costs, discounts or premiums. Certain of the Company's debt is secured by (1) a security interest in substantially all of the applicable issuers' assignable personal property, (2) a pledge of the equity interests in each applicable issuer and (3) a security interest in the applicable issuers' leases with tenants to lease tower space (space licenses).

(c)The Company has omitted this information, as it would be impracticable to compile such information on an asset-by-asset basis.

	2023		2022
Gross amount at beginning	$	27,936	$	26,679
Additions during period:
Acquisitions through foreclosure	—		—
Other acquisitions(a)	50		32
Communications infrastructure construction and improvements	1,254		1,138
Purchase of land interests	64		53
Sustaining capital expenditures	52		52
Other(b)	105		127
Total additions	1,525		1,402
Deductions during period:
Cost of real estate sold or disposed	(78)		(145)
Other	—		—
Total deductions	(78)		(145)
Balance at end	$	29,383	$	27,936

(a)Includes acquisitions of communications infrastructure.

(b)Predominately relates to (1) the purchase of property and equipment under finance leases and installment land purchases, (2) asset retirement obligations and (3) capitalized stock-based compensation.

	2023		2022
Gross amount of accumulated depreciation at beginning	$	(12,649)	$	(11,582)
Additions during period:
Depreciation	(1,222)		(1,181)
Total additions	(1,222)		(1,181)
Deductions during period:
Amount for assets sold or disposed	38		105
Other	16		9
Total deductions	54		114
Balance at end	$	(13,817)	$	(12,649)