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Segment and Geographic Information
12 Months Ended
Dec. 31, 2023
Segment and Geographic Information  
Segment and Geographic Information

21. Segment and Geographic Information

A majority of the Company’s largest customers are global entities that transact with the Company across multiple geographies worldwide. In order to better address the needs of these global customers, the Company manages critical decisions around development, operations, and leasing globally based on customer demand considerations. In this regard, the Company manages customer relationships on a global basis in order to achieve consistent sales and delivery experience of our products for our customers throughout the global portfolio. In order to best accommodate the needs of global customers (and customers that might one day become global), the Company manages its operations as a single global business – with one operating segment and therefore one reporting segment.

Operating Revenues

Year Ended December 31,

(Amounts in millions)

2023

2022

2021

Inside the United States

$

2,836.0

$

2,760.4

$

2,769.5

Outside the United States

2,641.1

1,931.4

1,658.4

Revenue Outside of U.S. %

48.2

%

41.2

%

37.5

%

Investments in Properties, net

Operating lease right-of-use assets, net

As of December 31, 

As of December 31, 

(Amounts in millions)

2023

2022

2023

2022

Inside the United States

$

10,429.1

$

11,517.3

$

610.2

$

647.0

Outside the United States

13,806.9

12,257.4

804.0

704.3

Net Assets in Foreign Operations

$

6,778.4

$

6,330.2