Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Components of Interest Expense and Amortization of Deferred Financing Costs, Net

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

	Years Ended December 31,
	2023		2022		2021
Interest expense on debt obligations	$	836	$	685	$	644
Amortization of deferred financing costs and adjustments on long-term debt	29		26		25
Capitalized interest	(15)		(12)		(12)
Total	$	850	$	699	$	657

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,
	2023		2022		2021
Income (loss) from continuing operations attributable to CCI common stockholders for basic and diluted computations	$	1,502	$	1,675	$	1,158
Income (loss) from discontinued operations, net of tax	—		—		(62)
Net income (loss) attributable to CCI common stockholders	$	1,502	$	1,675	$	1,096
Weighted-average number of common shares outstanding (in millions):
Basic weighted-average number of common stock outstanding	434		433		432
Effect of assumed dilution from potential issuance of common shares relating to RSUs	—		1		2
Diluted weighted-average number of common shares outstanding	434		434		434
Net income (loss) attributable to CCI common stockholders, per common share:
Income (loss) from continuing operations, basic	$	3.46	$	3.87	$	2.68
Income (loss) from discontinued operations, basic	—		—		(0.14)
Net income (loss) attributable to CCI common stockholders—basic	$	3.46	$	3.87	$	2.54
Income (loss) from continuing operations, diluted	$	3.46	$	3.86	$	2.67
Income (loss) from discontinued operations, diluted	—		—		(0.14)
Net income (loss)—diluted	$	3.46	$	3.86	$	2.53
Dividends/distributions declared per share of common stock	$	6.26	$	5.98	$	5.46