2021 Q4 Form 10-K Financial Statement

#000170305622000042 Filed on March 01, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.381B $5.307B $1.315B
YoY Change 5.04% -0.14% 1.27%
Cost Of Revenue $415.4M $1.550B $374.3M
YoY Change 10.99% 2.22% 1.24%
Gross Profit $965.6M $3.757B $940.4M
YoY Change 2.67% -1.09% 1.27%
Gross Profit Margin 69.92% 70.79% 71.53%
Selling, General & Admin $445.1M $1.789B $444.7M
YoY Change 0.1% 3.84% 23.98%
% of Gross Profit 46.1% 47.62% 47.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $490.7M $1.915B $473.6M
YoY Change 3.61% 0.05% -2.65%
% of Gross Profit 50.82% 50.97% 50.36%
Operating Expenses $935.8M $1.789B $918.2M
YoY Change 1.92% -1.26% 8.64%
Operating Profit $29.73M $15.28M $16.69M
YoY Change 78.12% -62.41% -73.97%
Interest Expense -$110.1M -$457.7M -$138.8M
YoY Change -20.65% -35.38% -9.64%
% of Operating Profit -370.54% -2995.59% -831.74%
Other Income/Expense, Net $3.466M $8.313M $1.700M
YoY Change 103.88% 0.24% -19.05%
Pretax Income -$96.24M -$471.2M -$125.3M
YoY Change -23.2% -39.51% 41.58%
Income Tax -$38.29M -$130.4M -$13.20M
% Of Pretax Income
Net Earnings -$57.95M -$340.8M -$112.1M
YoY Change -48.29% -46.09% 55.66%
Net Earnings / Revenue -4.2% -6.42% -8.52%
Basic Earnings Per Share
Diluted Earnings Per Share -$68.84K -$412.9K -$137.3K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.45M $24.45M $205.0M
YoY Change -88.07% -88.07% 318.37%
Cash & Equivalents $24.45M $24.45M $205.0M
Short-Term Investments
Other Short-Term Assets $119.6M $119.6M $211.0M
YoY Change -43.31% -43.31% 39.74%
Inventory $347.9M $347.9M $216.0M
Prepaid Expenses $30.37M
Receivables $442.2M $500.6M $336.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $992.5M $992.5M $967.4M
YoY Change 2.6% 2.64% 54.66%
LONG-TERM ASSETS
Property, Plant & Equipment $364.1M $3.358B $325.7M
YoY Change 11.79% 7.37% -0.92%
Goodwill $5.943B $5.236B
YoY Change 13.5% 5.58%
Intangibles $5.413B $5.907B
YoY Change -8.35% -11.44%
Long-Term Investments
YoY Change
Other Assets $462.9M $1.151B $363.6M
YoY Change 27.33% 30.99% 46.89%
Total Long-Term Assets $15.90B $15.90B $15.15B
YoY Change 4.97% 4.96% -2.0%
TOTAL ASSETS
Total Short-Term Assets $992.5M $992.5M $967.4M
Total Long-Term Assets $15.90B $15.90B $15.15B
Total Assets $16.89B $16.89B $16.12B
YoY Change 4.82% 4.82% 0.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $475.0M $475.0M $321.6M
YoY Change 47.69% 47.51% 32.92%
Accrued Expenses $737.2M $686.9M $584.2M
YoY Change 26.21% 17.62% 22.37%
Deferred Revenue $373.5M $345.6M
YoY Change 8.09% 0.94%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $117.6M $117.6M $44.76M
YoY Change 162.69% 161.32% -22.89%
Total Short-Term Liabilities $1.703B $1.703B $1.296B
YoY Change 31.42% 31.43% 15.75%
LONG-TERM LIABILITIES
Long-Term Debt $9.575B $9.575B $9.448B
YoY Change 1.35% 1.35% -1.94%
Other Long-Term Liabilities $300.7M $1.500B $510.7M
YoY Change -41.12% 11.69% 67.19%
Total Long-Term Liabilities $9.876B $11.08B $9.958B
YoY Change -0.83% 2.63% 0.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.703B $1.703B $1.296B
Total Long-Term Liabilities $9.876B $11.08B $9.958B
Total Liabilities $13.65B $13.65B $13.08B
YoY Change 4.34% 4.34% 1.38%
SHAREHOLDERS EQUITY
Retained Earnings -$3.953B -$3.491B
YoY Change 13.22% 27.31%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.249B $3.249B $3.039B
YoY Change
Total Liabilities & Shareholders Equity $16.89B $16.89B $16.12B
YoY Change 4.82% 4.82% 0.21%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$57.95M -$340.8M -$112.1M
YoY Change -48.29% -46.09% 55.66%
Depreciation, Depletion And Amortization $490.7M $1.915B $473.6M
YoY Change 3.61% 0.05% -2.65%
Cash From Operating Activities $494.4M $1.650B $373.4M
YoY Change 32.4% 20.7% -9.78%
INVESTING ACTIVITIES
Capital Expenditures -$380.3M $168.2M -$306.3M
YoY Change 24.15% 7.03% 0.23%
Acquisitions $163.5M
YoY Change -27.21%
Other Investing Activities -$144.8M -$3.991M -$30.90M
YoY Change 368.67% -91.3% -106.38%
Cash From Investing Activities -$525.1M -$1.696B -$337.2M
YoY Change 55.72% 49.08% -288.7%
FINANCING ACTIVITIES
Cash Dividend Paid $116.3M
YoY Change 6.42%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $1.219B
YoY Change -59.72%
Cash From Financing Activities -4.367M -$128.4M -319.5M
YoY Change -98.63% 82.82% -54.65%
NET CHANGE
Cash From Operating Activities 494.4M $1.650B 373.4M
Cash From Investing Activities -525.1M -$1.696B -337.2M
Cash From Financing Activities -4.367M -$128.4M -319.5M
Net Change In Cash -35.09M -$174.5M -283.3M
YoY Change -87.61% -209.72% 153.17%
FREE CASH FLOW
Cash From Operating Activities $494.4M $1.650B $373.4M
Capital Expenditures -$380.3M $168.2M -$306.3M
Free Cash Flow $874.6M $1.481B $679.7M
YoY Change 28.68% 22.48% -5.53%

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737245000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
584151000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
239000000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
264000000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
160000000 USD
adt Radio Conversion Cost Net
RadioConversionCostNet
288000000 USD
CY2021 adt Radio Conversion Cost
RadioConversionCost
250490000 USD
CY2020 adt Radio Conversion Cost
RadioConversionCost
88709000 USD
CY2019 adt Radio Conversion Cost
RadioConversionCost
30038000 USD
CY2021 adt Radio Conversion Revenue
RadioConversionRevenue
39127000 USD
CY2020 adt Radio Conversion Revenue
RadioConversionRevenue
36820000 USD
CY2019 adt Radio Conversion Revenue
RadioConversionRevenue
5055000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:8pt;margin-top:16pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risks</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The majority of the Company’s cash and cash equivalents and restricted cash and restricted cash equivalents are held at major financial institutions. There is a concentration of credit risk related to certain account balances in excess of the Federal Deposit </span></div>Insurance Corporation insurance limit of $250,000 per account. The Company regularly monitors the financial stability of these financial institutions and believes there is no exposure to any significant credit risk for its cash and cash equivalents and restricted cash and restricted cash equivalents. Concentration of credit risk associated with the Company’s accounts receivable is limited due to the significant size of the customer base.
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
143000000 USD
CY2021 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="margin-bottom:8pt;margin-top:16pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Guarantees</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the normal course of business, the Company is liable for contract completion and product performance. The Company’s guarantees primarily relate to standby letters of credit related to its insurance programs and totaled $76 million and $83 million as of December 31, 2021 and 2020, respectively. The Company does not believe such obligations will materially affect its financial position, results of operations, or cash flows.</span></div>
CY2021Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
76000000 USD
CY2020Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
83000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
29558000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
94510000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5307111000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5314787000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5125657000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
172061000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
124804000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
107284000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
68342000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
39765000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
51877000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
81713000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
56060000 USD
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
66187000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
56331000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
51488000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
54032000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
68342000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
44337000 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="margin-bottom:8pt;margin-top:16pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Retail Installment Contract Receivables, net</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s retail installment contract option allows qualifying residential customers to pay the fees due at installation over a 24-, 36-, or 60-month interest-free period and is available for transactions occurring under both Company-owned and customer-owned models. The financing component of retail installment contract receivables is not significant.</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Upon origination of a retail installment contract, the Company utilizes external credit scores to assess customer credit quality and determine eligibility. Subsequent to origination, the Company monitors the delinquency status of retail installment contract receivables as the key credit quality indicator. In addition, customers are required to enroll in the Company’s automated payment process in order to enter into a retail installment contract. As of December 31, 2021, the current and delinquent billed retail installment contract receivables were not material.</span></div>
CY2021Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
106810000 USD
CY2020Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
161563000 USD
CY2021Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
12300000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
132005000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
94510000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
132005000 USD
CY2021 adt Contract With Customer Asset Recognized
ContractWithCustomerAssetRecognized
26000000 USD
CY2020 adt Contract With Customer Asset Recognized
ContractWithCustomerAssetRecognized
183000000 USD
CY2019 adt Contract With Customer Asset Recognized
ContractWithCustomerAssetRecognized
27000000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5307111000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5314787000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5125657000 USD
CY2021 adt Earnings Before Interest Taxes Depreciation And Amortization Adjusted
EarningsBeforeInterestTaxesDepreciationAndAmortizationAdjusted
-471189000 USD
CY2020 adt Earnings Before Interest Taxes Depreciation And Amortization Adjusted
EarningsBeforeInterestTaxesDepreciationAndAmortizationAdjusted
-778919000 USD
CY2019 adt Earnings Before Interest Taxes Depreciation And Amortization Adjusted
EarningsBeforeInterestTaxesDepreciationAndAmortizationAdjusted
-522192000 USD
CY2020 us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
10000000 USD
CY2019 us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
-10000000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
6000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5307111000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5314787000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5125657000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
4959658000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
276340000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
304000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
5236302000 USD
CY2021 us-gaap Goodwill Transfers
GoodwillTransfers
0 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
705146000 USD
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1955000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
5943403000 USD
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10500516000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6420165000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4080351000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10072302000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5498612000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4573690000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
11833516000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6420165000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5413351000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
11405302000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5498612000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5906690000 USD
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
675000000 USD
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
381000000 USD
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
670000000 USD
CY2020Q1 adt Intangible Assets Charge Backs
IntangibleAssetsChargeBacks
39000000 USD
CY2021Q4 adt Acquired Finite Lived Intangible Assets Charge Back Period
AcquiredFiniteLivedIntangibleAssetsChargeBackPeriod
P13M
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1209966000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1222398000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1238064000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
903235000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
489587000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
393938000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
347482000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
309846000 USD
CY2020Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
1300000000 USD
CY2021Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
1300000000 USD
CY2021Q4 us-gaap Reporting Unit Percentage Of Fair Value In Excess Of Carrying Amount
ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount
0.20
CY2021Q4 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
18000000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
9836758000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
9704587000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
16678000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
19993000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
64014000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
64638000 USD
CY2021Q4 adt Accretionof Purchase Accounting Fair Value Adjustment Debt
AccretionofPurchaseAccountingFairValueAdjustmentDebt
156456000 USD
CY2020Q4 adt Accretionof Purchase Accounting Fair Value Adjustment Debt
AccretionofPurchaseAccountingFairValueAdjustmentDebt
188740000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
9692690000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
9492544000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
117592000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
44764000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9575098000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9447780000 USD
CY2019Q2 adt Deferred Financing Costs
DeferredFinancingCosts
17000000 USD
CY2019Q3 adt Debt Instrument Premium Percent
DebtInstrumentPremiumPercent
0.02
CY2021 adt Proceeds From Receivables Facility Borrowings
ProceedsFromReceivablesFacilityBorrowings
254000000 USD
CY2020 adt Proceeds From Receivables Facility Borrowings
ProceedsFromReceivablesFacilityBorrowings
83000000 USD
CY2021 adt Repayments Of Receivables Facility Borrowings
RepaymentsOfReceivablesFacilityBorrowings
130000000 USD
CY2020 adt Repayments Of Receivables Facility Borrowings
RepaymentsOfReceivablesFacilityBorrowings
7000000 USD
CY2021Q4 adt Non Cash Impact From Receivable Facility Amendment
NonCashImpactFromReceivableFacilityAmendment
88000000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-37000000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-120000000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-104000000 USD
CY2019Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
23000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
78863000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
783298000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
825006000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
63115000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4036565000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4049911000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
9836758000 USD
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
458000000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
710000000 USD
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
623000000 USD
CY2020Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
3225000000 USD
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
3225000000 USD
CY2021Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
118336000 USD
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
275840000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-473504000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-782256000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-422674000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2315000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3337000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-99518000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-471189000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-778919000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-522192000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
174000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-370000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2503000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8367000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
27059000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
14501000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
570000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2843000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9111000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26689000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
19847000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-97805000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-133646000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-89495000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-41901000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-39842000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-24924000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
226000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
73000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3470000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-139480000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-173415000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-117889000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-130369000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-146726000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-98042000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.027
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.014
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.031
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.015
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.094
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.013
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.002
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
CY2021 adt Effective Income Tax Rate Reconciliation Legislative Changes Percent
EffectiveIncomeTaxRateReconciliationLegislativeChangesPercent
0.008
CY2020 adt Effective Income Tax Rate Reconciliation Legislative Changes Percent
EffectiveIncomeTaxRateReconciliationLegislativeChangesPercent
0
CY2019 adt Effective Income Tax Rate Reconciliation Legislative Changes Percent
EffectiveIncomeTaxRateReconciliationLegislativeChangesPercent
-0.012
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.023
CY2021 adt Effective Income Tax Rate Reconciliation Amended Returns
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