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Consolidated Statement of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net revenues:      
Site rental revenues $ 6,532 $ 6,289 $ 5,719
Services and other revenues 449 697 621
Net Revenues 6,981 6,986 6,340
Costs of Operations:      
Site rental [1] 1,664 1,602 1,554
Services and other [1] 316 466 439
Selling, general and administrative 759 750 680
Asset write-down charges 33 34 21
Acquisition and integration costs 1 2 1
Depreciation, amortization and accretion 1,754 1,707 1,644
Restructuring Charges 85 0 0
Total operating expenses 4,612 4,561 4,339
Operating income (loss) 2,369 2,425 2,001
Interest expense and amortization of deferred financing costs, net 850 699 657
Gains (losses) on retirement of long-term obligations 0 (28) (145)
Interest income 15 3 1
Other income (expense) (6) (10) (21)
Income (Loss) Attributable to Parent, before Tax, Total 1,528 1,691 1,179
Benefit (provision) for income taxes (26) (16) (21)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 1,502 1,675 1,158
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 0 (62)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 0 0 (62)
Income (loss) from continuing operations 1,502 1,675 1,096
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 1,502 1,675 1,096
Other comprehensive income (loss):      
Foreign currency translation adjustments 1 (1) 0
Total other comprehensive income (loss) 1 [2] (1) [2] 0
Comprehensive income (loss) $ 1,503 $ 1,674 $ 1,096
Net income (loss), per common share:      
Income (loss) from continuing operations, basic $ 3.46 $ 3.87 $ 2.68
Income (loss) from discontinued operations, basic 0 0 (0.14)
Basic (in dollars per share) 3.46 3.87 2.54
Income (Loss) from Continuing Operations, Per Diluted Share 3.46 3.86 2.67
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share 0 0 (0.14)
Diluted (in dollars per share) $ 3.46 $ 3.86 $ 2.53
Weighted-average common shares outstanding:      
Basic (in shares) 434 433 432
Diluted (in shares) 434 434 434
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] See the consolidated statement of operations and comprehensive income (loss) for the components of "total other comprehensive income (loss)."