2023 Q4 Form 10-Q Financial Statement
#000105147023000162 Filed on November 01, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $1.674B | $1.667B |
YoY Change | -5.1% | -4.52% |
Cost Of Revenue | $455.0M | $66.00M |
YoY Change | -12.84% | -87.4% |
Gross Profit | $1.219B | $1.601B |
YoY Change | -1.85% | 31.01% |
Gross Profit Margin | 72.82% | 96.04% |
Selling, General & Admin | $178.0M | $176.0M |
YoY Change | -7.29% | -5.88% |
% of Gross Profit | 14.6% | 10.99% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $439.0M | $439.0M |
YoY Change | 1.86% | 2.33% |
% of Gross Profit | 36.01% | 27.42% |
Operating Expenses | $617.0M | $176.0M |
YoY Change | -0.96% | -71.47% |
Operating Profit | $602.0M | $486.0M |
YoY Change | -2.75% | -19.67% |
Interest Expense | -$218.0M | -$214.0M |
YoY Change | 14.74% | 21.59% |
% of Operating Profit | -36.21% | -44.03% |
Other Income/Expense, Net | -$2.000M | $0.00 |
YoY Change | -60.0% | -100.0% |
Pretax Income | $366.0M | $272.0M |
YoY Change | -11.81% | -35.55% |
Income Tax | $5.000M | $7.000M |
% Of Pretax Income | 1.37% | 2.57% |
Net Earnings | $361.0M | $265.0M |
YoY Change | -12.59% | -36.75% |
Net Earnings / Revenue | 21.57% | 15.9% |
Basic Earnings Per Share | $0.61 | |
Diluted Earnings Per Share | $0.83 | $0.61 |
COMMON SHARES | ||
Basic Shares Outstanding | 433.7M shares | 433.7M shares |
Diluted Shares Outstanding | 434.0M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $105.0M | $117.0M |
YoY Change | -32.69% | -32.76% |
Cash & Equivalents | $105.0M | $117.0M |
Short-Term Investments | ||
Other Short-Term Assets | $330.0M | $72.00M |
YoY Change | -3.23% | -84.78% |
Inventory | ||
Prepaid Expenses | $103.0M | $143.0M |
Receivables | $481.0M | $512.0M |
Other Receivables | $116.0M | $115.0M |
Total Short-Term Assets | $1.032B | $1.126B |
YoY Change | -15.2% | -4.74% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $21.85B | $15.57B |
YoY Change | -0.36% | -28.82% |
Goodwill | $10.09B | $10.09B |
YoY Change | 0.0% | -0.02% |
Intangibles | $3.276B | |
YoY Change | -11.44% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $139.0M | $141.0M |
YoY Change | 2.21% | 4.44% |
Total Long-Term Assets | $37.50B | $37.57B |
YoY Change | -0.55% | -0.28% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.032B | $1.126B |
Total Long-Term Assets | $37.50B | $37.57B |
Total Assets | $38.53B | $38.70B |
YoY Change | -1.01% | -0.42% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $252.0M | $215.0M |
YoY Change | 6.78% | -6.11% |
Accrued Expenses | $893.0M | $857.0M |
YoY Change | -5.0% | 0.82% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $835.0M | $827.0M |
YoY Change | 1.95% | 0.98% |
Total Short-Term Liabilities | $2.585B | $2.549B |
YoY Change | -5.35% | -1.35% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $22.09B | $21.90B |
YoY Change | 5.62% | 6.0% |
Other Long-Term Liabilities | $7.475B | $1.918B |
YoY Change | -4.55% | -75.83% |
Total Long-Term Liabilities | $29.56B | $1.918B |
YoY Change | 2.85% | -93.29% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.585B | $2.549B |
Total Long-Term Liabilities | $29.56B | $1.918B |
Total Liabilities | $32.15B | $32.03B |
YoY Change | 2.14% | 2.72% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$11.89B | -$11.57B |
YoY Change | 11.47% | 11.21% |
Common Stock | $4.000M | $4.000M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $6.381B | $6.669B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $38.53B | $38.70B |
YoY Change | -1.01% | -0.42% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $361.0M | $265.0M |
YoY Change | -12.59% | -36.75% |
Depreciation, Depletion And Amortization | $439.0M | $439.0M |
YoY Change | 1.86% | 2.33% |
Cash From Operating Activities | $867.0M | $533.0M |
YoY Change | 3.21% | -23.97% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $357.0M | $347.0M |
YoY Change | -191.77% | -202.97% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$7.000M | -$2.000M |
YoY Change | -58.82% | |
Cash From Investing Activities | -$364.0M | -$349.0M |
YoY Change | -10.34% | 3.56% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -513.0M | -383.0M |
YoY Change | 12.5% | -16.92% |
NET CHANGE | ||
Cash From Operating Activities | 867.0M | 533.0M |
Cash From Investing Activities | -364.0M | -349.0M |
Cash From Financing Activities | -513.0M | -383.0M |
Net Change In Cash | -10.00M | -199.0M |
YoY Change | -54.55% | 105.15% |
FREE CASH FLOW | ||
Cash From Operating Activities | $867.0M | $533.0M |
Capital Expenditures | $357.0M | $347.0M |
Free Cash Flow | $510.0M | $186.0M |
YoY Change | -58.5% | -82.08% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3276000000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3596000000 | usd |
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
503000000 | usd | |
CY2023Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
22730000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
21903000000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
213000000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
8000000 | usd |
CY2023Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
4000000 | usd |
CY2023Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.61 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.565 | |
CY2023Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1181000000 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
486000000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
217000000 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-28000000 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
10000000 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-4000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1160000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1275000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1139000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1261000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1139000000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1258000000 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.63 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.91 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.63 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.91 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
434000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
433000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1139000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1261000000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
1315000000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
1276000000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-28000000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
22000000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
10000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
126000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
120000000 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
30000000 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
26000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2000000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
10000000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
6000000 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-38000000 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-63000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-20000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-10000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-162000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-256000000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
87000000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
8000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
252000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
370000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2258000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2038000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1067000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
921000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
93000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
15000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-5000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
10000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1155000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-946000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2347000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
748000000 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
58000000 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
55000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
750000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1274000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
2943000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
2625000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
4088000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
2580000000 | usd | |
us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
561000000 | usd | |
us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
1329000000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
23000000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
14000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
29000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
64000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2044000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1924000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1141000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1209000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-38000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-117000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-2000000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
327000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
466000000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
289000000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
347000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7046000000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
39000000 | usd |
CY2023Q3 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
0 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-681000000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
265000000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6669000000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7861000000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
38000000 | usd |
CY2022Q3 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
1000000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2000000 | usd |
CY2022Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-636000000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
419000000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7679000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7449000000 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
154000000 | usd | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
29000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-2044000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
1139000000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6669000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8258000000 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
140000000 | usd | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
64000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3000000 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-1913000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
1261000000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7679000000 | usd |
cci |
Revenue Recognition Noncancelable Lease Termfor Wireless Tenants
RevenueRecognitionNoncancelableLeaseTermforWirelessTenants
|
five to 15 years | ||
cci |
Revenue Recognitionfor Fiber Solutions Tenants
RevenueRecognitionforFiberSolutionsTenants
|
three to 20 years | ||
us-gaap |
Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
|
45 to 60 days, | ||
CY2021Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2600000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
495000000 | usd | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
1255000000 | usd |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
4937000000 | usd |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
4586000000 | usd |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
4448000000 | usd |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
4386000000 | usd |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
19781000000 | usd |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
39393000000 | usd |
CY2022Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
21729000000 | usd |
CY2023Q3 | us-gaap |
Debt Current
DebtCurrent
|
827000000 | usd |
CY2022Q4 | us-gaap |
Debt Current
DebtCurrent
|
819000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
20910000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
1819000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
835000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
597000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
2775000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
3406000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
13456000000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
22888000000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
158000000 | usd |
CY2023Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
22730000000 | usd |
CY2022Q3 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
174000000 | usd |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
616000000 | usd | |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
496000000 | usd | |
CY2022Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
6000000 | usd |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
22000000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
19000000 | usd | |
CY2022Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
3000000 | usd |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
11000000 | usd | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
9000000 | usd | |
CY2023Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
217000000 | usd |
CY2022Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
177000000 | usd |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
627000000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
506000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1261000000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
434000000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
433000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
434000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
433000000 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares | |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
117000000 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
117000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
156000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
156000000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
172000000 | usd |
CY2023Q3 | cci |
Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
|
172000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
171000000 | usd |
CY2022Q4 | cci |
Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
|
171000000 | usd |
CY2023Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
22730000000 | usd |
CY2023Q3 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
|
20046000000 | usd |
CY2022Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
21729000000 | usd |
CY2022Q4 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
|
19554000000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
265000000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
419000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1139000000 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.63 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.91 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.63 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.91 | ||
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.470 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
4.695 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
4.410 | ||
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
2000000 | shares | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.565 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
681000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.565 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
681000000 | usd | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
200000 | shares | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
29000000 | usd | |
CY2023Q3 | cci |
Availability Under Atm
AvailabilityUnderATM
|
750000000 | usd |
CY2023Q3 | cci |
Tower Count
TowerCount
|
40000 | |
CY2023Q3 | cci |
Small Cells On Air Or Under Contract
SmallCellsOnAirOrUnderContract
|
115000 | |
CY2023Q3 | cci |
Fiber Miles
FiberMiles
|
85000 | |
CY2022Q3 | cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
4000000 | usd |
CY2023Q3 | cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
4000000 | usd |
cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
12000000 | usd | |
cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
12000000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
429000000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
420000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
654000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
559000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
13000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
10000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
21000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
162000000 | usd | |
cci |
Increase Decreaseinaccountspayableforpurchasesofpropertyandequipment
IncreaseDecreaseinaccountspayableforpurchasesofpropertyandequipment
|
5000000 | usd | |
cci |
Increase Decreaseinaccountspayableforpurchasesofpropertyandequipment
IncreaseDecreaseinaccountspayableforpurchasesofpropertyandequipment
|
-7000000 | usd | |
cci |
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
|
45000000 | usd | |
cci |
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
|
17000000 | usd | |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
117000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
156000000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
167000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
166000000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
5000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
5000000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
289000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
327000000 | usd |
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |