2023 Q1 Form 10-K Financial Statement

#000105350723000023 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $2.767B $2.705B $10.71B
YoY Change 4.02% 10.62% 14.47%
Cost Of Revenue $806.1M $805.0M $3.264B
YoY Change 0.84% 9.45% 21.69%
Gross Profit $1.961B $1.900B $7.447B
YoY Change 5.38% 11.13% 11.57%
Gross Profit Margin 70.87% 70.24% 69.53%
Selling, General & Admin $263.9M $224.3M $972.3M
YoY Change -10.21% 3.89% 19.8%
% of Gross Profit 13.46% 11.81% 13.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $794.1M $814.7M $3.355B
YoY Change -2.66% 26.53% 223.79%
% of Gross Profit 40.49% 42.88% 45.05%
Operating Expenses $263.9M $1.005B $4.324B
YoY Change -10.21% 1.48% 432.75%
Operating Profit $775.6M $894.7M $3.124B
YoY Change 6.96% 24.42% -0.27%
Interest Expense $340.2M -$936.8M -$598.8M
YoY Change 29.65% 1127.79% -168.76%
% of Operating Profit 43.86% -104.71% -19.17%
Other Income/Expense, Net -$407.2M -$13.80M -$32.40M
YoY Change -407300.0% 48.39% -89.29%
Pretax Income $368.4M -$758.6M $1.721B
YoY Change -49.2% -243.54% -39.18%
Income Tax $53.40M -$42.00M $24.00M
% Of Pretax Income 14.5% 1.39%
Net Earnings $315.0M -$683.8M $1.766B
YoY Change -55.74% -250.82% -31.23%
Net Earnings / Revenue 11.38% -25.28% 16.49%
Basic Earnings Per Share $0.72 $3.83
Diluted Earnings Per Share $0.72 -$1.47 $3.82
COMMON SHARES
Basic Shares Outstanding 465.6M shares 465.6M shares 461.5M shares
Diluted Shares Outstanding 466.8M shares 462.8M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.803B $2.028B $2.028B
YoY Change -7.13% 4.03% 4.03%
Cash & Equivalents $1.803B $2.028B $2.028B
Short-Term Investments
Other Short-Term Assets $941.7M $468.2M $468.2M
YoY Change 41.97% -32.84% -32.84%
Inventory
Prepaid Expenses $95.30M $100.7M
Receivables $705.4M $758.3M $758.3M
Other Receivables $0.00 $367.4M $367.4M
Total Short-Term Assets $3.450B $3.622B $3.622B
YoY Change -9.01% -2.87% -2.87%
LONG-TERM ASSETS
Property, Plant & Equipment $28.80B $28.92B $28.92B
YoY Change -1.33% -0.32% -0.32%
Goodwill $13.00B $12.96B
YoY Change -2.33% -2.95%
Intangibles $17.64B $17.98B
YoY Change -12.79% -13.24%
Long-Term Investments
YoY Change
Other Assets $669.9M $3.168B $3.168B
YoY Change 58.07% 690.3% 18.61%
Total Long-Term Assets $63.37B $63.57B $63.57B
YoY Change -3.95% -3.91% -3.91%
TOTAL ASSETS
Total Short-Term Assets $3.450B $3.622B $3.622B
Total Long-Term Assets $63.37B $63.57B $63.57B
Total Assets $66.82B $67.19B $67.19B
YoY Change -4.22% -3.85% -3.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $206.0M $273.8M $273.8M
YoY Change -4.36% 0.51% -25.52%
Accrued Expenses $1.172B $2.214B $2.214B
YoY Change -1.34% 56.7% 4.48%
Deferred Revenue $554.2M $439.7M
YoY Change -45.44% -63.48%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.856B $4.514B $4.514B
YoY Change -27.37% -1.19% -1.19%
Total Short-Term Liabilities $7.532B $8.312B $8.312B
YoY Change -19.01% -8.33% -8.33%
LONG-TERM LIABILITIES
Long-Term Debt $34.69B $34.16B $34.16B
YoY Change -9.09% -11.71% -11.71%
Other Long-Term Liabilities $1.174B $10.83B $10.83B
YoY Change -0.81% 809.91% -3.64%
Total Long-Term Liabilities $1.174B $44.98B $44.98B
YoY Change -0.81% 3680.64% -9.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.532B $8.312B $8.312B
Total Long-Term Liabilities $1.174B $44.98B $44.98B
Total Liabilities $54.57B $61.62B $61.62B
YoY Change -9.83% 1.32% -4.91%
SHAREHOLDERS EQUITY
Retained Earnings -$2.497B -$2.102B
YoY Change 132.8% 83.99%
Common Stock $4.800M $4.800M
YoY Change 2.13% 2.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.407B $5.572B $5.572B
YoY Change
Total Liabilities & Shareholders Equity $66.82B $67.19B $67.19B
YoY Change -4.22% -3.85% -3.85%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $315.0M -$683.8M $1.766B
YoY Change -55.74% -250.82% -31.23%
Depreciation, Depletion And Amortization $794.1M $814.7M $3.355B
YoY Change -2.66% 26.53% 223.79%
Cash From Operating Activities $1.071B $1.185B $3.696B
YoY Change 61.32% 74.55% -23.31%
INVESTING ACTIVITIES
Capital Expenditures $461.9M $658.2M $1.874B
YoY Change 19.63% -243.09% 36.09%
Acquisitions $60.90M $549.0M
YoY Change -52.64% -97.16%
Other Investing Activities -$242.9M -$190.8M -$481.6M
YoY Change -15281.25% -98.03% -53611.11%
Cash From Investing Activities -$276.8M -$849.0M -$2.355B
YoY Change -46.05% -91.65% -88.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.305B
YoY Change -197.61%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.013B -462.7M -1.423B
YoY Change 303.59% -105.68% -108.67%
NET CHANGE
Cash From Operating Activities $1.071B 1.185B 3.696B
Cash From Investing Activities -$276.8M -849.0M -2.355B
Cash From Financing Activities -$1.013B -462.7M -1.423B
Net Change In Cash -$215.3M -126.7M -82.20M
YoY Change 199.44% -90.59% -117.06%
FREE CASH FLOW
Cash From Operating Activities $1.071B $1.185B $3.696B
Capital Expenditures $461.9M $658.2M $1.874B
Free Cash Flow $608.6M $526.8M $1.823B
YoY Change 119.32% -53.74% -47.07%

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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-120400000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-70300000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-202600000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
481900000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
283400000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2343300000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1861400000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1578000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2140700000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2343300000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1861400000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
7 reportablesegment
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Significant Accounting Policies and Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates, and such differences could be material to the accompanying consolidated financial statements. The significant estimates in the accompanying consolidated financial statements include impairment of long-lived assets (including goodwill), revenue recognition, rent expense and lease accounting, income taxes and accounting for business combinations and acquisitions of assets. The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued as additional evidence for certain estimates or to identify matters that require additional disclosure.</span>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounts Receivable and Deferred Rent Asset</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The Company derives the largest portion of its revenues and corresponding accounts receivable and the related deferred rent asset from a relatively small number of customers in the telecommunications industry, and 46% of its current-year revenues are derived from three customers. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s deferred rent asset is associated with non-cancellable tenant leases that contain fixed escalation clauses over the terms of the applicable lease in which revenue is recognized on a straight-line basis over the lease term.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company mitigates its concentrations of credit risk with respect to notes and trade receivables and the related deferred rent assets by actively monitoring the creditworthiness of its borrowers and customers. In recognizing customer revenue, the Company assesses the collectibility of both the amounts billed and the portion recognized in advance of billing on a straight-line basis. This assessment takes customer credit risk and business and industry conditions into consideration to ultimately determine the collectibility of the amounts billed. To the extent the amounts, based on management’s estimates, may not be collectible, revenue recognition is deferred until such point as collectibility is determined to be reasonably assured. Any amounts that were previously recognized as revenue and are subsequently determined to present a risk of collection are reserved as bad debt expense included in Selling, general, administrative and development expense in the accompanying consolidated statements of operations.</span></div>Accounts receivable is reported net of allowances for doubtful accounts related to estimated losses resulting from a customer’s inability to make required payments and allowances for amounts invoiced whose collectibility is not reasonably assured. These allowances are generally estimated based on payment patterns, days past due and collection history, and incorporate changes in economic conditions that may not be reflected in historical trends, such as customers in bankruptcy, liquidation or reorganization. Receivables are written-off against the allowances or reserves when they are determined to be uncollectible. Such determination includes analysis and consideration of the particular conditions of the account.
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
355900000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
247600000 usd
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
163300000 usd
CY2022 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
168200000 usd
CY2021 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
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CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
105600000 usd
CY2022 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
85400000 usd
CY2021 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
22600000 usd
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
21300000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
438700000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
355900000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
247600000 usd
CY2022 amt Foreign Currency Transaction Gain Loss Reclassified As Aoci
ForeignCurrencyTransactionGainLossReclassifiedAsAOCI
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CY2021 amt Foreign Currency Transaction Gain Loss Reclassified As Aoci
ForeignCurrencyTransactionGainLossReclassifiedAsAOCI
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CY2020 amt Foreign Currency Transaction Gain Loss Reclassified As Aoci
ForeignCurrencyTransactionGainLossReclassifiedAsAOCI
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
449400000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
557900000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022 amt Foreign Currency Transaction Gain Loss In Aoci And Income Statement
ForeignCurrencyTransactionGainLossInAOCIAndIncomeStatement
112700000 usd
CY2021 amt Foreign Currency Transaction Gain Loss In Aoci And Income Statement
ForeignCurrencyTransactionGainLossInAOCIAndIncomeStatement
91400000 usd
CY2020 amt Foreign Currency Transaction Gain Loss In Aoci And Income Statement
ForeignCurrencyTransactionGainLossInAOCIAndIncomeStatement
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
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CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2343300000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1861400000 usd
CY2022 amt Capitalized Labor Costs
CapitalizedLaborCosts
65200000 usd
CY2021 amt Capitalized Labor Costs
CapitalizedLaborCosts
59400000 usd
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
1
CY2020 amt Capitalized Labor Costs
CapitalizedLaborCosts
51100000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2020 us-gaap Goodwill Impairment Loss
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CY2022 amt Straight Line Revenue
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CY2021 amt Straight Line Revenue
StraightLineRevenue
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CY2020 amt Straight Line Revenue
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322000000 usd
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CY2022 us-gaap Operating Lease Lease Income
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CY2022 us-gaap Revenues
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021 us-gaap Revenues
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020 us-gaap Operating Lease Lease Income
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CY2020 us-gaap Revenues
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8041500000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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CY2022 amt Straight Line Ground Rent Expense
StraightLineGroundRentExpense
39600000 usd
CY2021 amt Straight Line Ground Rent Expense
StraightLineGroundRentExpense
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CY2020 amt Straight Line Ground Rent Expense
StraightLineGroundRentExpense
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CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
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CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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1
CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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1
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0.05
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.05
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
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CY2022 us-gaap Defined Contribution Plan Cost Recognized
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CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
14900000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
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CY2021Q4 us-gaap Prepaid Expense Current
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CY2022Q4 us-gaap Prepaid Taxes
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CY2021Q4 us-gaap Prepaid Taxes
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CY2022Q4 us-gaap Unbilled Receivables Current
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CY2021Q4 us-gaap Unbilled Receivables Current
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CY2022Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
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CY2021Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
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CY2022Q4 us-gaap Other Assets Miscellaneous Current
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CY2021Q4 us-gaap Other Assets Miscellaneous Current
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CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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723300000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
29877200000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
28403600000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
9878900000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
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CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
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CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
19784000000 usd
CY2022 us-gaap Depreciation
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1552600000 usd
CY2021 us-gaap Depreciation
Depreciation
1036200000 usd
CY2020 us-gaap Depreciation
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924300000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
153000000 usd
CY2022Q4 amt Numberof Tenants
NumberofTenants
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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7658400000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
6284100000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
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CY2022 amt Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
1 renewaloption
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8380800000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8754400000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4700000 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6700000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
23100000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
24900000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
27800000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
31600000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P12Y2M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y4M24D
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.069
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.063
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1222800000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1115100000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
977200000 usd
CY2022 us-gaap Variable Lease Payment
VariableLeasePayment
388200000 usd
CY2021 us-gaap Variable Lease Payment
VariableLeasePayment
339600000 usd
CY2020 us-gaap Variable Lease Payment
VariableLeasePayment
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CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1100000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1200000 usd
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1300000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1228100000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1144800000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
988300000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1100000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1200000 usd
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1300000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6700000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7900000 usd
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
9200000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
402400000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2063800000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
346000000.0 usd
CY2022 amt Non Cash Operating And Financing Lease Modifications
NonCashOperatingAndFinancingLeaseModifications
80500000 usd
CY2021 amt Non Cash Operating And Financing Lease Modifications
NonCashOperatingAndFinancingLeaseModifications
96000000.0 usd
CY2020 amt Non Cash Operating And Financing Lease Modifications
NonCashOperatingAndFinancingLeaseModifications
843100000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1165600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
6300000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1064600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
6600000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1007400000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3400000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
947900000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2300000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
886600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6319800000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
26100000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
11391900000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
46600000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3011100000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
18800000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8380800000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
27800000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
788900000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4700000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7591900000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7405800000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20727200000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1700000000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
23100000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
7282700000 usd
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
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CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2020 amt Valuation Allowance Deferred Tax Asset Increase Decrease Related To Foreign Currency
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CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2021 amt Unrecognized Tax Benefits Decrease Resulting From Prior Period Tax Positions Reclassification Of Unrecognized Tax Benefits
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CY2022 amt Unrecognized Tax Benefits Reduction Resultingfrom Lapseof Applicable Statueof Limitationsand Effective Settlements
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CY2021 amt Unrecognized Tax Benefits Reduction Resultingfrom Lapseof Applicable Statueof Limitationsand Effective Settlements
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CY2020 amt Unrecognized Tax Benefits Reduction Resultingfrom Lapseof Applicable Statueof Limitationsand Effective Settlements
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CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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CY2022 amt Unrecognized Tax Benefits Decrease In Income Tax Penalties And Interest Expense Resulting From Expiration Of Applicable Statute Of Limitations
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CY2021 amt Unrecognized Tax Benefits Decrease In Income Tax Penalties And Interest Expense Resulting From Expiration Of Applicable Statute Of Limitations
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CY2022Q2 us-gaap Sale Of Stock Price Per Share
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CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022Q4 amt Accrued Dividend Rsu
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CY2021Q4 amt Accrued Dividend Rsu
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 amt Capital Expenditures Incurred But Not Yet Paid Increase Decrease
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CY2020 us-gaap Capital Lease Obligations Incurred
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CY2022 amt Fair Value Of Debt Assumed Through Acquisitions
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CY2021 amt Fair Value Of Debt Assumed Through Acquisitions
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CY2020 amt Fair Value Of Debt Assumed Through Acquisitions
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CY2022 us-gaap Notes Reduction
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CY2021 us-gaap Notes Reduction
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CY2020 us-gaap Notes Reduction
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CY2022 amt Stock Issued Replacement Award Purchase Consideration
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CY2021 amt Stock Issued Replacement Award Purchase Consideration
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CY2020 amt Stock Issued Replacement Award Purchase Consideration
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CY2021 us-gaap Other Expenses
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CY2020 us-gaap Share Based Compensation
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CY2020 us-gaap Other Expenses
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CY2020 amt Finance Lease Payments Financing Activities
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CY2022Q4 us-gaap Assets
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CY2021Q4 us-gaap Assets
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CY2022 us-gaap Revenues
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CY2021 us-gaap Revenues
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CY2020 us-gaap Revenues
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CY2022Q4 us-gaap Noncurrent Assets
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CY2021Q4 us-gaap Noncurrent Assets
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CY2021Q4 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Total Units Percentage Of Gross Amounts Maximum
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateTotalUnitsPercentageOfGrossAmountsMaximum
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CY2021Q4 us-gaap Real Estate Gross At Carrying Value
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CY2020Q4 us-gaap Real Estate Gross At Carrying Value
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CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
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CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
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CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
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CY2020 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
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CY2022 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Discretionary Capital Project Amount
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateDiscretionaryCapitalProjectAmount
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CY2021 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Discretionary Capital Project Amount
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateDiscretionaryCapitalProjectAmount
391200000 usd
CY2020 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Discretionary Capital Project Amount
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateDiscretionaryCapitalProjectAmount
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CY2022 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Discretionary Ground Lease Purchases
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateDiscretionaryGroundLeasePurchases
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CY2021 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Discretionary Ground Lease Purchases
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CY2022 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Redevelopment Capital Expenditures
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateRedevelopmentCapitalExpenditures
335900000 usd
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CY2022 us-gaap Real Estate Improvements
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CY2021 us-gaap Real Estate Improvements
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CY2022 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Start Up Capital Expenditures
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateStartUpCapitalExpenditures
227000000.0 usd
CY2021 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Start Up Capital Expenditures
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CY2021 us-gaap Real Estate Other Additions
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72800000 usd
CY2022 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Period Additions To Cost
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CY2022 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Period Deductions To Cost
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CY2021 amt Sec Schedule1228 Real Estate Companies Investment In Real Estate Deductions To Accumulated Depreciation
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