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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 2,118.9 $ 2,028.4
Restricted cash 112.7 112.3
Accounts receivable, net 647.7 758.3
Prepaid and other current assets 970.6 723.3
Total current assets 3,849.9 3,622.3
PROPERTY AND EQUIPMENT, net 19,612.1 19,998.3
GOODWILL 12,569.7 12,956.7
OTHER INTANGIBLE ASSETS, net 16,655.1 17,983.3
DEFERRED TAX ASSET 126.8 129.2
DEFERRED RENT ASSET 3,383.3 3,039.1
RIGHT-OF-USE ASSET 8,801.0 8,918.9
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS 655.1 546.7
TOTAL 65,653.0 67,194.5
CURRENT LIABILITIES:    
Accounts payable 216.2 218.6
Accrued expenses 1,222.8 1,344.2
Distributions payable 775.9 745.3
Accrued interest 244.2 261.0
Current portion of operating lease liability 779.6 788.9
Current portion of long-term obligations 3,157.5 4,514.2
Unearned revenue 472.5 439.7
Total current liabilities 6,868.7 8,311.9
LONG-TERM OBLIGATIONS 35,442.4 34,156.0
OPERATING LEASE LIABILITY 7,436.7 7,591.9
ASSET RETIREMENT OBLIGATIONS 2,113.0 2,047.4
DEFERRED TAX LIABILITY 1,422.6 1,492.0
OTHER NON-CURRENT LIABILITIES 1,135.1 1,186.8
Total liabilities 54,418.5 54,786.0
COMMITMENTS AND CONTINGENCIES
EQUITY (shares in thousands):    
Common stock: $.01 par value; 1,000,000 shares authorized; 477,164 and 476,623 shares issued; and 466,160 and 465,619 shares outstanding, respectively 4.8 4.8
Additional paid-in capital 14,823.0 14,689.0
Distributions in excess of earnings (2,927.4) (2,101.9)
Accumulated other comprehensive loss (6,065.9) (5,718.3)
Treasury stock (11,004 shares at cost) (1,301.2) (1,301.2)
Total American Tower Corporation equity 4,533.3 5,572.4
Noncontrolling interests 6,701.2 6,836.1
Total equity 11,234.5 12,408.5
TOTAL $ 65,653.0 $ 67,194.5