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ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of merger and acquisition related costs
During the years ended December 31, 2019, 2018 and 2017, the Company recorded acquisition and merger related expenses for business combinations and non-capitalized asset acquisition costs and integration costs as follows:
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Acquisition and merger related expenses
 
$
26.9

 
$
14.1

 
$
16.3

Integration costs
 
$
9.8

 
$
16.1

 
$
11.5
Schedule of recognized identified assets acquired and liabilities assumed
The following table summarizes the allocations of the purchase prices for the fiscal year 2019 acquisitions based upon their estimated fair value at the date of acquisition:
 
 
Africa
 
Latin America
 
U.S.
 
 
 
 
Eaton Towers Acquisition
 
Entel Acquisition
 
U.S. Acquisition
 
Other (1)
Current assets
 
$
150.4

 
$
0.4

 
$
4.0

 
$
9.3

Property and equipment
 
304.7

 
281.0

 
97.8

 
66.5

Intangible assets (2):
 
 
 
 
 
 
 
 
     Tenant-related intangible assets
 
1,007.6

 
228.9

 
271.9

 
65.5

     Network location intangible assets
 
272.2

 
70.9

 
111.2

 
32.0

     Other intangible assets
 
—

 
—

 
—

 
0.8

Other non-current assets
 
99.5

 
191.7

 
55.5

 
7.8

Current liabilities
 
(82.0
)
 
(20.7
)
 
(3.1
)
 
(1.1
)
Deferred tax liability
 
(319.3
)
 
—

 
 
 
—

Other non-current liabilities
 
(138.3
)
 
(79.4
)
 
(53.1
)
 
(13.3
)
Net assets acquired
 
1,294.8

 
672.8

 
484.2

 
167.5

Goodwill (3)
 
670.0

 
—

 
—

 
34.3

Fair value of net assets acquired
 
1,964.8

 
672.8

 
484.2

 
201.8

Debt assumed
 
(329.8
)
 
—

 
—

 
—

Purchase price
 
$
1,635.0

 
$
672.8

 
$
484.2

 
$
201.8

_______________
(1)
Includes 132 sites in Peru held pursuant to long-term finance leases.
(2)
Tenant-related intangible assets and network location intangible assets are amortized on a straight-line basis over periods of up to 20 years.
(3)
The Company expects goodwill to be partially deductible for tax purposes.
Schedule of pro forma information
The following table presents the unaudited pro forma financial results as if the 2019 acquisitions had occurred on January 1, 2018 and the 2018 acquisitions had occurred on January 1, 2017. The pro forma results do not include any anticipated cost synergies, costs or other integration impacts. Accordingly, such pro forma amounts are not necessarily indicative of the results that actually would have occurred had the transactions been completed on the dates indicated, nor are they indicative of the future operating results of the Company.
 
 
Year Ended December 31,
 
 
2019
 
2018
Pro forma revenues
 
$
7,904.2

 
$
7,936.0

Pro forma net income attributable to American Tower Corporation common stockholders
 
$
1,844.9

 
$
1,122.6

Pro forma net income per common share amounts:
 
 
 
 
Basic net income attributable to American Tower Corporation common stockholders
 
$
4.17

 
$
2.55

Diluted net income attributable to American Tower Corporation common stockholders
 
$
4.14

 
$
2.53