2023 Q4 Form 10-K Financial Statement

#000170305624000020 Filed on February 28, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $1.222B $4.983B
YoY Change -25.7% -22.09%
Cost Of Revenue $229.1M $1.008B
YoY Change -56.62% -50.57%
Gross Profit $993.2M $3.974B
YoY Change -11.08% -8.74%
Gross Profit Margin 81.26% 79.76%
Selling, General & Admin $380.5M $1.540B
YoY Change -20.73% -20.23%
% of Gross Profit 38.31% 38.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $329.9M $1.351B
YoY Change -19.96% -20.23%
% of Gross Profit 33.21% 33.99%
Operating Expenses $710.4M $1.540B
YoY Change -20.36% -20.23%
Operating Profit $263.0M $510.3M
YoY Change 16.88% -8.92%
Interest Expense -$169.8M -$572.2M
YoY Change 15.49% 115.67%
% of Operating Profit -64.55% -112.12%
Other Income/Expense, Net $11.97M $11.96M
YoY Change -87.53% -120.77%
Pretax Income $88.56M -$66.53M
YoY Change -42.86% -128.02%
Income Tax $17.02M $4.585M
% Of Pretax Income 19.22%
Net Earnings $575.9M $463.0M
YoY Change 281.37% 168.23%
Net Earnings / Revenue 47.12% 9.29%
Basic Earnings Per Share
Diluted Earnings Per Share $0.63 $0.50
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.62M $14.62M
YoY Change -94.31% -94.31%
Cash & Equivalents $14.62M $14.62M
Short-Term Investments
Other Short-Term Assets $85.26M $354.1M
YoY Change 9.33% -22.68%
Inventory $230.1M $230.1M
Prepaid Expenses $49.73M
Receivables $390.5M $405.8M
Other Receivables $28.84M $0.00
Total Short-Term Assets $1.005B $1.005B
YoY Change -41.66% -41.66%
LONG-TERM ASSETS
Property, Plant & Equipment $3.381B $3.381B
YoY Change -1.63% -1.63%
Goodwill $4.904B
YoY Change -15.72%
Intangibles $4.877B
YoY Change -4.21%
Long-Term Investments
YoY Change
Other Assets $713.0M $1.767B
YoY Change -1.46% -2.02%
Total Long-Term Assets $14.96B $14.96B
YoY Change -7.38% -7.38%
TOTAL ASSETS
Total Short-Term Assets $1.005B $1.005B
Total Long-Term Assets $14.96B $14.96B
Total Assets $15.96B $15.96B
YoY Change -10.68% -10.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $293.9M $293.9M
YoY Change -39.62% -39.65%
Accrued Expenses $601.3M $502.1M
YoY Change -33.17% -44.22%
Deferred Revenue $264.4M
YoY Change -34.34%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $320.6M $320.6M
YoY Change -63.23% -63.23%
Total Short-Term Liabilities $1.480B $1.480B
YoY Change -44.38% -44.37%
LONG-TERM LIABILITIES
Long-Term Debt $7.523B $7.523B
YoY Change -16.0% -16.01%
Other Long-Term Liabilities $229.7M $2.145B
YoY Change -15.48% 11.88%
Total Long-Term Liabilities $7.753B $9.668B
YoY Change -15.99% -11.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.480B $1.480B
Total Long-Term Liabilities $7.753B $9.668B
Total Liabilities $12.18B $12.18B
YoY Change -15.68% -15.68%
SHAREHOLDERS EQUITY
Retained Earnings -$3.618B
YoY Change -7.47%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.789B $3.789B
YoY Change
Total Liabilities & Shareholders Equity $15.96B $15.96B
YoY Change -10.68% -10.68%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $575.9M $463.0M
YoY Change 281.37% 168.23%
Depreciation, Depletion And Amortization $329.9M $1.351B
YoY Change -19.96% -20.23%
Cash From Operating Activities $412.0M $1.658B
YoY Change -27.32% -12.19%
INVESTING ACTIVITIES
Capital Expenditures $398.6M $176.4M
YoY Change 22.55% -0.17%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $1.629B -$28.67M
YoY Change 157918.53% -313.27%
Cash From Investing Activities $1.231B $242.5M
YoY Change -479.56% -115.82%
FINANCING ACTIVITIES
Cash Dividend Paid $128.6M
YoY Change 1.15%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $2.962B
YoY Change 389.51%
Cash From Financing Activities -1.869B -$2.144B
YoY Change -2740.48% 14353.24%
NET CHANGE
Cash From Operating Activities 412.0M $1.658B
Cash From Investing Activities 1.231B $242.5M
Cash From Financing Activities -1.869B -$2.144B
Net Change In Cash -226.1M -$243.6M
YoY Change -172.13% -171.59%
FREE CASH FLOW
Cash From Operating Activities $412.0M $1.658B
Capital Expenditures $398.6M $176.4M
Free Cash Flow $13.44M $1.481B
YoY Change -94.44% -13.43%

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CY2023 adt Proceeds From Opportunity Fund
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<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:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom: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 preparation of the consolidated financial statements in accordance with GAAP requires the Company to select accounting policies and make estimates that affect amounts reported in the consolidated financial statements and the accompanying notes. The Company’s estimates are based on the relevant information available at the end of each period. Actual results could differ materially from these estimates under different assumptions or market conditions.</span></div>
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CY2023 adt Forward Share Repurchase Contract Value
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CY2022 adt Forward Share Repurchase Contract Value
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CY2021 adt Forward Share Repurchase Contract Value
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CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
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CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
78110000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
28835000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
121225000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
85257000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
48631000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
254165000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
306603000 usd
CY2023Q4 adt Loans Subject To Temporary Clawback Liability Current
LoansSubjectToTemporaryClawbackLiabilityCurrent
15000000 usd
CY2022Q4 adt Loans Subject To Temporary Clawback Liability Current
LoansSubjectToTemporaryClawbackLiabilityCurrent
88000000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
142441000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
127226000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
691969000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
615640000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
283170000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
306191000 usd
CY2023 us-gaap Depreciation
Depreciation
191904000 usd
CY2022 us-gaap Depreciation
Depreciation
173013000 usd
CY2021 us-gaap Depreciation
Depreciation
165392000 usd
CY2023Q4 adt Subscriber System Assets Gross
SubscriberSystemAssetsGross
6404479000 usd
CY2022Q4 adt Subscriber System Assets Gross
SubscriberSystemAssetsGross
5981008000 usd
CY2023Q4 adt Subscriber System Assets Accumulated Depreciation
SubscriberSystemAssetsAccumulatedDepreciation
3398543000 usd
CY2022Q4 adt Subscriber System Assets Accumulated Depreciation
SubscriberSystemAssetsAccumulatedDepreciation
3062468000 usd
CY2023Q4 adt Subscriber System Assets Net
SubscriberSystemAssetsNet
3005936000 usd
CY2022Q4 adt Subscriber System Assets Net
SubscriberSystemAssetsNet
2918540000 usd
CY2023 adt Revenuefrom Contractwith Customer Termof Customer Relationship
RevenuefromContractwithCustomerTermofCustomerRelationship
P15Y
CY2023 adt Accelerated Method Average Declining Balance Rate
AcceleratedMethodAverageDecliningBalanceRate
2.50
CY2023 adt Subscriber System Assets Depreciation Expense
SubscriberSystemAssetsDepreciationExpense
545041000 usd
CY2022 adt Subscriber System Assets Depreciation Expense
SubscriberSystemAssetsDepreciationExpense
531013000 usd
CY2021 adt Subscriber System Assets Depreciation Expense
SubscriberSystemAssetsDepreciationExpense
488557000 usd
CY2023 adt Subscriber System Assets Amortization Expense
SubscriberSystemAssetsAmortizationExpense
188222000 usd
CY2022 adt Subscriber System Assets Amortization Expense
SubscriberSystemAssetsAmortizationExpense
154186000 usd
CY2021 adt Subscriber System Assets Amortization Expense
SubscriberSystemAssetsAmortizationExpense
118162000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
111204000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
156495000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
118495000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
139709000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15979000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20741000 usd
CY2023Q4 adt Opportunity Fund Current
OpportunityFundCurrent
93950000 usd
CY2022Q4 adt Opportunity Fund Current
OpportunityFundCurrent
100802000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
256375000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
358992000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
601315000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
776739000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
165000000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
214000000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
235000000 usd
adt Radio Conversion Cost Net
RadioConversionCostNet
276000000 usd
CY2023 adt Radio Conversion Revenue
RadioConversionRevenue
6664000 usd
CY2021 adt Radio Conversion Revenue
RadioConversionRevenue
39100000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
120478000 usd
CY2023 adt Radio Conversion Cost
RadioConversionCost
1968000 usd
CY2022 adt Radio Conversion Cost
RadioConversionCost
29766000 usd
CY2021 adt Radio Conversion Cost
RadioConversionCost
240902000 usd
CY2023 adt Radio Conversion Revenue
RadioConversionRevenue
6664000 usd
CY2022 adt Radio Conversion Revenue
RadioConversionRevenue
28058000 usd
CY2021 adt Radio Conversion Revenue
RadioConversionRevenue
39100000 usd
CY2023 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:700;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 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 majority of the Company’s receivables from customers is limited due to the significant size of the customer base.</span></div>
CY2023Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
55000000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
145000000 usd
CY2023 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:700;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 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 majority of the Company’s receivables from customers is limited due to the significant size of the customer base.</span></div>
CY2023Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
55000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
22104000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
138225000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
90502000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
235190000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2023 adt Installation And Other Revenue Fees Other
InstallationAndOtherRevenueFeesOther
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CY2022 adt Installation And Other Revenue Fees Other
InstallationAndOtherRevenueFeesOther
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CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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InstallationAndOtherRevenueFeesOther
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InstallationAndOtherRevenueFeesOther
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AllowanceForDoubtfulAccountsReceivableCurrent
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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AllowanceForDoubtfulAccountsReceivableCurrent
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2023Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
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CY2022Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
52591000 usd
CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
9025000 usd
CY2022Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
30602000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
47138000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
30602000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2023Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2023Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
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CY2022Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
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CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2022Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
30602000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2023Q3 us-gaap Number Of Reportable Segments
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CY2023Q3 us-gaap Number Of Operating Segments
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RevenueFromContractWithCustomerExcludingAssessedTax
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RevenueFromContractWithCustomerExcludingAssessedTax
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
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Goodwill
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CY2022 us-gaap Goodwill Acquired During Period
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AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
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LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
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CY2021Q4 us-gaap Goodwill
Goodwill
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GoodwillImpairmentLoss
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CY2022Q4 us-gaap Goodwill
Goodwill
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GoodwillImpairmentLoss
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CY2023 us-gaap Gain Loss On Sale Of Business
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CY2023Q4 us-gaap Goodwill
Goodwill
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GoodwillImpairedAccumulatedImpairmentLoss
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GoodwillImpairedAccumulatedImpairmentLoss
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CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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FiniteLivedIntangibleAssetsGross
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FiniteLivedIntangibleAssetsAccumulatedAmortization
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FiniteLivedIntangibleAssetsNet
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
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CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2023Q4 adt Acquired Intangible Assets Fully Amortized Amount
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CY2023Q4 us-gaap Goodwill
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CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2023Q4 adt Acquired Intangible Assets Fully Amortized Amount
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CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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CY2022Q1 us-gaap Impairment Of Intangible Assets Finitelived
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CY2023 adt Impairment Of Intangible Asset Finite Lived Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentOfIntangibleAssetFiniteLivedStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
true
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
7937291000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
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CY2023Q4 us-gaap Finance Lease Liability
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
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CY2023Q4 us-gaap Deferred Tax Assets Other
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