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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 1,746.3 $ 1,501.2
Restricted cash 115.1 76.8
Accounts receivable, net 511.6 462.2
Prepaid and other current assets 532.6 513.6
Total current assets 2,905.6 2,553.8
PROPERTY AND EQUIPMENT, net 12,808.7 12,084.4
GOODWILL 7,282.7 6,178.3
OTHER INTANGIBLE ASSETS, net 13,839.8 12,318.4
DEFERRED TAX ASSET 123.1 131.8
DEFERRED RENT ASSET 2,084.3 1,771.1
RIGHT-OF-USE ASSET 7,789.2 7,357.4
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS 400.1 406.4
TOTAL 47,233.5 42,801.6
CURRENT LIABILITIES:    
Accounts payable 139.1 148.1
Accrued expenses 1,043.7 958.2
Distributions payable 544.6 455.0
Accrued interest 207.8 209.4
Current portion of operating lease liability 539.9 494.5
Current portion of long-term obligations 789.8 2,928.2
Unearned revenue 390.6 294.3
Total current liabilities 3,655.5 5,487.7
LONG-TERM OBLIGATIONS 28,497.7 21,127.2
OPERATING LEASE LIABILITY 6,884.4 6,510.4
ASSET RETIREMENT OBLIGATIONS 1,571.3 1,384.1
DEFERRED TAX LIABILITY 859.5 768.3
OTHER NON-CURRENT LIABILITIES 984.6 937.0
Total liabilities 42,453.0 36,214.7
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS 212.1 1,096.5
EQUITY (shares in thousands):    
Common stock: $0.01 par value; 1,000,000 shares authorized; 455,245 and 453,541 shares issued; and 444,330 and 442,890 shares outstanding, respectively 4.6 4.5
Additional paid-in capital 10,473.7 10,117.7
Distributions in excess of earnings (1,343.0) (1,016.8)
Accumulated other comprehensive loss (3,759.4) (2,823.6)
Treasury stock (10,915 and 10,651 shares at cost, respectively) (1,282.4) (1,226.4)
Total American Tower Corporation equity 4,093.5 5,055.4
Noncontrolling interests 474.9 435.0
Total equity 4,568.4 5,490.4
TOTAL $ 47,233.5 $ 42,801.6