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BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2021
Segment Reporting, Measurement Disclosures [Abstract]  
Business Segments BUSINESS SEGMENTSProperty
Communications Sites and Related Communications Infrastructure—The Company’s primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries.
Data Centers—During the fourth quarter of 2021, as a result of the CoreSite Acquisition, the Company established the Data Centers segment as a reportable segment. The Data Centers segment relates to data center facilities and related assets that the Company owns and operates in the United States. The Data Centers segment offers different services from, and requires different resources, skill sets and marketing strategies than, the existing property operating segment in the U.S. & Canada. Prior to this revision, the Company operated in five property business segments: (i) U.S. & Canada property, (ii) Asia-Pacific property (iii) Africa property, (iii) Europe property and (iv) Latin America property.
As of December 31, 2021, the Company’s property operations consisted of the following:
•U.S. & Canada: property operations in Canada and the United States;
•Asia-Pacific: property operations in Australia, Bangladesh, India and the Philippines;
•Africa: property operations in Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa and Uganda;
•Europe: property operations in France, Germany, Poland and Spain;
•Latin America: property operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay and Peru; and
•Data Centers: data center property operations in the United States.
Services—The Company’s Services segment offers tower-related services in the United States, including AZP and structural analysis, which primarily support its site leasing business, including the addition of new tenants and equipment on its sites. The services segment is a strategic business unit that offers different services from, and requires different resources, skill sets and marketing strategies than, the property operating segments.
The accounting policies applied in compiling segment information below are similar to those described in note 1. Among other factors, in evaluating financial performance in each business segment, management uses segment gross margin and segment operating profit. The Company defines segment gross margin as segment revenue less segment operating expenses excluding stock-based compensation expense recorded in costs of operations; Depreciation, amortization and accretion; Selling, general, administrative and development expense; and Other operating expenses. The Company defines segment operating profit as segment gross margin less Selling, general, administrative and development expense attributable to the segment, excluding stock-based compensation expense and corporate expenses. These measures of segment gross margin and segment operating profit are also before Interest income, Interest expense, Gain (loss) on retirement of long-term obligations, Other income (expense), Net income (loss) attributable to noncontrolling interests and Income tax benefit (provision). The categories of expenses indicated above, such as depreciation, have been excluded from segment operating performance as they are not considered in the review of information or the evaluation of results by management. There are no significant revenues resulting from transactions between the Company’s operating segments. All intercompany transactions are eliminated to reconcile segment results and assets to the consolidated statements of operations and consolidated balance sheets.
Summarized financial information concerning the Company’s reportable segments for the years ended December 31, 2021, 2020 and 2019 is shown in the following tables. The “Other” column (i) represents amounts excluded from specific segments, such as business development operations, stock-based compensation expense and corporate expenses included in Selling, general, administrative and development expense; Other operating expenses; Interest income; Interest expense; Gain (loss) on retirement of long-term obligations; and Other income (expense), and (ii) reconciles segment operating profit to Income from continuing operations before income taxes.
 PropertyTotal 
Property
Services		OtherTotal
Year ended December 31, 2021U.S. & CanadaAsia-PacificAfrica EuropeLatin AmericaData Centers
Segment revenues$4,920.2 $1,199.1 $1,005.5 $496.2 $1,465.4 $23.2 $9,109.6 $247.3 $9,356.9 
Segment operating expenses853.5 724.3 346.1 194.0 458.3 9.1 2,585.3 96.7 2,682.0 
Segment gross margin4,066.7 474.8 659.4 302.2 1,007.1 14.1 6,524.3 150.6 6,674.9 
Segment selling, general, administrative and development expense (1)176.9 73.1 72.3 42.1 104.1 5.9 474.4 16.2 490.6 
Segment operating profit$3,889.8 $401.7 $587.1 $260.1 $903.0 $8.2 $6,049.9 $134.4 $6,184.3 
Stock-based compensation expense$119.5 119.5 
Other selling, general, administrative and development expense201.5 201.5 
Depreciation, amortization and accretion2,332.6 2,332.6 
Other expense (2)701.3 701.3 
Income from continuing operations before income taxes $2,829.4 
Capital expenditures (3) (4)$440.1 $175.1 $460.7 $58.9 $260.9 $2.5 $1,398.2 $— $9.6 $1,407.8 
_______________
(1)Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $119.5 million.
(2)Primarily includes interest expense and $173.7 million in impairment charges, partially offset by gains from foreign currency exchange rate fluctuations.
(3)Includes $5.4 million of finance lease payments included in Repayments of notes payable, credit facilities, term loans, senior notes, secured debt and finance leases in the cash flows from financing activities in the Company’s consolidated statements of cash flows.
(4)Includes $35.2 million of perpetual land easement payments reported in Deferred financing costs and other financing activities in the cash flows from financing activities in the Company’s consolidated statements of cash flows.
 PropertyTotal 
Property
Services		OtherTotal
Year ended December 31, 2020U.S. & Canada (1)Asia-PacificAfrica EuropeLatin America
Segment revenues$4,517.0 $1,139.4 $890.2 $149.6 $1,257.4 $7,953.6 $87.9 $8,041.5 
Segment operating expenses (2)808.0 661.4 297.7 28.1 392.5 2,187.7 36.5 2,224.2 
Segment gross margin3,709.0 478.0 592.5 121.5 864.9 5,765.9 51.4 5,817.3 
Segment selling, general, administrative and development expense (2)162.2 97.4 94.4 23.0 93.1 470.1 14.8 484.9 
Segment operating profit$3,546.8 $380.6 $498.1 $98.5 $771.8 $5,295.8 $36.6 $5,332.4 
Stock-based compensation expense$120.8 120.8 
Other selling, general, administrative and development expense176.0 176.0 
Depreciation, amortization and accretion1,882.3 1,882.3 
Other expense (3)1,332.2 1,332.2 
Income from continuing operations before income taxes $1,821.1 
Capital expenditures (4) (5)$360.6 $112.9 $334.9 $31.6 $221.1 $1,061.1 $— $10.1 $1,071.2 
_______________
(1)    For the year ended December 31, 2020, U.S. & Canada includes the following related to the Company’s data center assets (i) $8.5 million of property revenue, (ii) $2.5 million of segment operating expenses, (iii) $3.2 million of segment selling, general, administrative and development expenses and (iv) $0.5 million of capital expenditures.
(2)    Segment operating expenses and segment selling, general, administrative and development expenses exclude stock-based compensation expense of $3.0 million and $117.8 million, respectively.
(3)    Primarily includes interest expense, losses from foreign currency exchange rate fluctuations and $222.8 million in impairment charges.
(4)    Includes $9.2 million of finance lease payments included in Repayments of notes payable, credit facilities, term loan, senior notes, secured debt and finance leases in the cash flows from financing activities in the Company’s consolidated statements of cash flows.
(5)    Includes $36.9 million of perpetual land easement payments reported in Deferred financing costs and other financing activities in the cash flows from financing activities in the Company’s consolidated statements of cash flows.
 PropertyTotal 
Property
Services		OtherTotal
Year ended December 31, 2019U.S. & Canada (1)Asia-PacificAfrica EuropeLatin America
Segment revenues$4,188.7 $1,217.0 $583.9 $134.6 $1,340.7 $7,464.9 $115.4 $7,580.3 
Segment operating expenses (2)807.9 715.9 209.0 27.8 411.3 2,171.9 42.1 2,214.0 
Segment gross margin3,380.8 501.1 374.9 106.8 929.4 5,293.0 73.3 5,366.3 
Segment selling, general, administrative and development expense (2)175.5 99.9 53.7 23.2 101.0 453.3 12.0 465.3 
Segment operating profit$3,205.3 $401.2 $321.2 $83.6 $828.4 $4,839.7 $61.3 $4,901.0 
Stock-based compensation expense$111.4 111.4 
Other selling, general, administrative and development expense156.5 156.5 
Depreciation, amortization and accretion1,778.4 1,778.4 
Other expense (3)938.3 938.3 
Income from continuing operations before income taxes$1,916.4 
Capital expenditures (4) (5)$359.5 $134.5 $258.5 $13.2 $260.4 $1,026.1 $— $12.8 $1,038.9 
_______________
(1)For the year ended December 31, 2019, U.S. & Canada includes the following related to the Company’s data center assets (i) $6.1 million of property revenue, (ii) $1.7 million of segment operating expenses, and (iii) $2.0 million of segment selling, general, administrative and development expenses.
(2)Segment operating expenses and segment selling, general, administrative and development expenses exclude stock-based compensation expense of $2.8 million and $108.6 million, respectively.
(3)Primarily includes interest expense.
(4)Includes $18.0 million of finance lease payments included in Repayments of notes payable, credit facilities, term loan, senior notes, secured debt and finance leases in the cash flows from financing activities in the Company’s consolidated statements of cash flows.
(5)Includes $29.6 million of perpetual land easement payments reported in Deferred financing costs and other financing activities in the cash flows from financing activities in the Company’s consolidated statements of cash flows.
Additional information relating to the total assets of the Company’s operating segments is as follows for the years ended December 31,: 
 20212020
Total Assets (1):
U.S. & Canada property (2)$27,416.3 $27,352.9 
Asia-Pacific property5,203.6 5,191.8 
Africa property4,927.7 4,894.8 
Europe property12,068.5 1,868.6 
Latin America property8,433.5 7,434.2 
Data Centers11,136.3 — 
Services87.2 38.7 
Other (3)614.8 452.5 
Total assets$69,887.9 $47,233.5 
_______________
(1)Balances are translated at the applicable period end exchange rate, which may impact comparability between periods.
(2)Balance as of December 31, 2020 included $92.2 million of data center assets.
(3)Balances include corporate assets such as cash and cash equivalents, certain tangible and intangible assets and income tax accounts that have not been allocated to specific segments.
Summarized geographic information related to the Company’s operating revenues for the years ended December 31, 2021, 2020 and 2019 and long-lived assets as of December 31, 2021 and 2020 is as follows:
 202120202019
Operating Revenues:
U.S. & Canada:
Canada (1)$11.4 $0.3 $— 
United States (2)5,179.3 4,604.6 4,304.1 
Asia-Pacific (1):
Australia1.8 0.0 — 
Bangladesh (3)0.4 — — 
India1,196.6 1,139.4 1,217.0 
Philippines (4)0.3— — 
Africa (1):
Burkina Faso44.7 43.9 — 
Ghana170.5 174.3 124.3 
Kenya107.4 97.7 27.3 
Niger41.6 40.0 — 
Nigeria296.5 249.5 229.9 
South Africa164.0 128.7 129.1 
Uganda180.8 156.1 73.3 
Europe (1):
France98.9 79.4 68.0 
Germany213.5 70.0 66.6 
Poland0.5 0.2 — 
Spain (3)183.3— — 
Latin America (1):
Argentina31.6 22.1 17.3 
Brazil614.6 506.4 605.5 
Chile88.0 67.3 43.3 
Colombia107.7 96.1 102.1 
Costa Rica22.8 23.4 21.1 
Mexico524.6 483.0 515.3 
Paraguay13.5 12.5 12.6 
Peru62.6 46.6 23.5 
Total operating revenues$9,356.9 $8,041.5 $7,580.3 
_______________
(1)    Balances are translated at the applicable exchange rate, which may impact comparability between periods.
(2)    Balances include revenue from the Company’s Services and Data Centers segments.
(3)    The Company began operations in Bangladesh through the Bangladesh Acquisition, which closed in August 2021. The Company began operations in Spain through the the Telxius Acquisition, which closed in June 2021.
(4)    During the year ended December 31, 2021, the Company began operations in the Philippines through the construction of sites therein.
 20212020
Long-Lived Assets (1):
U.S. & Canada:
Canada (2)$227.3 $373.7 
United States (3)30,306.0 19,977.8 
Asia-Pacific (2):
Australia6.7 20.0 
Bangladesh16.6 — 
India3,349.0 3,482.3 
Philippines21.6 — 
Africa (2):
Burkina Faso296.5 315.7 
Ghana633.0 676.8 
Kenya789.8 730.0 
Niger215.9 215.7 
Nigeria722.1 663.7 
South Africa365.9 424.4 
Uganda926.6 867.3 
Europe (2):
France1,288.0 1,176.5 
Germany6,119.6 370.9 
Poland4.7 2.9 
Spain3,204.2 — 
Latin America (2):
Argentina188.7 111.9 
Brazil1,864.7 1,629.9 
Chile634.3 538.7 
Colombia301.1 350.7 
Costa Rica117.9 123.1 
Mexico1,331.1 1,395.2 
Paraguay100.3 103.6 
Peru829.7 380.4 
Total long-lived assets$53,861.3 $33,931.2 
_______________
(1)    Includes Property and equipment, net, Goodwill and Other intangible assets, net.
(2)    Balances are translated at the applicable period end exchange rate, which may impact comparability between periods.
(3)    Balances include the Company’s data centers assets located in the United States.
The following customers within the property and services segments individually accounted for 10% or more of the Company’s consolidated operating revenues for the years ended December 31,:
202120202019
T-Mobile20 %19 %10 %
AT&T19 %22 %22 %
Verizon Wireless13 %14 %15 %