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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 105 $ 156
Restricted cash and cash equivalents 171 166
Receivables, net of allowance of $19 and $19, respectively 481 593
Prepaid expenses 103 102
Deferred site rental receivables, current 116 127
Other current assets 56 73
Total current assets 1,032 1,217
Deferred site rental receivables 2,239 1,954
Property and equipment, net 15,666 15,407
Operating lease right-of-use assets 6,187 6,526
Goodwill 10,085 10,085
Site rental contracts and tenant relationships, net 3,122 3,535
Other intangible assets, net 57 61
Other assets, net 139 136
Total assets 38,527 38,921
LIABILITIES AND EQUITY    
Accounts payable 252 236
Accrued interest 219 183
Deferred revenues 605 736
Other accrued liabilities 342 407
Current maturities of debt and other obligations 835 819
Current portion of operating lease liabilities 332 350
Total current liabilities 2,585 2,731
Debt and other long-term obligations 22,086 20,910
Operating lease liabilities 5,561 5,881
Other long-term liabilities 1,914 1,950
Total liabilities 32,146 31,472
CCI stockholders' equity:    
Common stock, $0.01 par value; 1,200 shares authorized; shares issued and outstanding: December 31, 2023—434 and December 31, 2022—433 4 4
Additional paid-in capital 18,270 18,116
Accumulated other comprehensive income (loss) (4) (5)
Dividends/distributions in excess of earnings (11,889) (10,666)
Total equity 6,381 7,449
Total liabilities and equity $ 38,527 $ 38,921