2024 Q3 Form 10-Q Financial Statement
#000105147024000186 Filed on July 30, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $1.652B | $1.626B |
YoY Change | -0.9% | -12.91% |
Cost Of Revenue | $460.0M | $459.0M |
YoY Change | 596.97% | -12.07% |
Gross Profit | $1.192B | $1.167B |
YoY Change | -25.55% | -13.23% |
Gross Profit Margin | 72.15% | 71.77% |
Selling, General & Admin | $153.0M | $204.0M |
YoY Change | -13.07% | -2.86% |
% of Gross Profit | 12.84% | 17.48% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $432.0M | $430.0M |
YoY Change | -1.59% | -3.37% |
% of Gross Profit | 36.24% | 36.85% |
Operating Expenses | $585.0M | $634.0M |
YoY Change | 232.39% | -3.21% |
Operating Profit | $607.0M | $533.0M |
YoY Change | 24.9% | -22.75% |
Interest Expense | -$230.0M | -$226.0M |
YoY Change | 7.48% | 11.33% |
% of Operating Profit | -37.89% | -42.4% |
Other Income/Expense, Net | -$6.000M | -$1.000M |
YoY Change | -50.0% | |
Pretax Income | $308.0M | $258.0M |
YoY Change | 13.24% | -44.16% |
Income Tax | $5.000M | $7.000M |
% Of Pretax Income | 1.62% | 2.71% |
Net Earnings | $303.0M | $251.0M |
YoY Change | 14.34% | -44.84% |
Net Earnings / Revenue | 18.34% | 15.44% |
Basic Earnings Per Share | $0.70 | $0.58 |
Diluted Earnings Per Share | $0.70 | $0.58 |
COMMON SHARES | ||
Basic Shares Outstanding | 434.6M shares | 434.5M shares |
Diluted Shares Outstanding | 436.0M shares | 435.0M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $194.0M | $155.0M |
YoY Change | 65.81% | -43.84% |
Cash & Equivalents | $194.0M | $155.0M |
Short-Term Investments | ||
Other Short-Term Assets | $359.0M | $377.0M |
YoY Change | 398.61% | -18.04% |
Inventory | ||
Prepaid Expenses | $144.0M | $155.0M |
Receivables | $413.0M | $420.0M |
Other Receivables | $158.0M | $129.0M |
Total Short-Term Assets | $1.124B | $1.081B |
YoY Change | -0.18% | -19.87% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $21.49B | $21.63B |
YoY Change | 37.97% | -1.49% |
Goodwill | $10.09B | $10.09B |
YoY Change | 0.0% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $130.0M | $137.0M |
YoY Change | -7.8% | 0.74% |
Total Long-Term Assets | $36.92B | $37.17B |
YoY Change | -1.74% | -1.4% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.124B | $1.081B |
Total Long-Term Assets | $36.92B | $37.17B |
Total Assets | $38.04B | $38.25B |
YoY Change | -1.7% | -2.04% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $200.0M | $225.0M |
YoY Change | -6.98% | -6.25% |
Accrued Expenses | $803.0M | $895.0M |
YoY Change | -6.3% | 2.52% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $611.0M | $865.0M |
YoY Change | -26.12% | 5.62% |
Total Short-Term Liabilities | $2.097B | $2.494B |
YoY Change | -17.73% | -8.48% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $23.45B | $22.85B |
YoY Change | 7.07% | 5.81% |
Other Long-Term Liabilities | $7.198B | $7.246B |
YoY Change | 275.29% | -5.55% |
Total Long-Term Liabilities | $30.65B | $30.10B |
YoY Change | 1498.02% | 2.83% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.097B | $2.494B |
Total Long-Term Liabilities | $30.65B | $30.10B |
Total Liabilities | $32.75B | $32.59B |
YoY Change | 2.24% | 1.87% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$13.07B | -$12.69B |
YoY Change | 12.99% | 13.8% |
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 | $5.296B | $5.652B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $38.04B | $38.25B |
YoY Change | -1.7% | -2.04% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $303.0M | $251.0M |
YoY Change | 14.34% | -44.84% |
Depreciation, Depletion And Amortization | $432.0M | $430.0M |
YoY Change | -1.59% | -3.37% |
Cash From Operating Activities | $699.0M | $768.0M |
YoY Change | 31.14% | -31.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $297.0M | $329.0M |
YoY Change | -14.41% | -13.19% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$1.000M |
YoY Change | -100.0% | -95.0% |
Cash From Investing Activities | -$297.0M | -$330.0M |
YoY Change | -14.9% | -17.29% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -362.0M | -405.0M |
YoY Change | -5.48% | -34.57% |
NET CHANGE | ||
Cash From Operating Activities | 699.0M | 768.0M |
Cash From Investing Activities | -297.0M | -330.0M |
Cash From Financing Activities | -362.0M | -405.0M |
Net Change In Cash | 40.00M | 33.00M |
YoY Change | -120.1% | -67.65% |
FREE CASH FLOW | ||
Cash From Operating Activities | $699.0M | $768.0M |
Capital Expenditures | $297.0M | $329.0M |
Free Cash Flow | $402.0M | $439.0M |
YoY Change | 116.13% | -40.76% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q2 | cci |
Accelerated Prepaid Rent Amortization
AcceleratedPrepaidRentAmortization
|
57000000 | usd |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2100000000 | usd |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
450000000 | usd | |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
403000000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
16000000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
14000000 | usd | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
10000000 | usd | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
7000000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
456000000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
410000000 | usd | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
105000000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
105000000 | usd |
CY2023Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
22921000000 | usd |
CY2023Q4 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
|
21201000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
562000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
874000000 | usd | |
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 Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.29 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.02 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.29 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.01 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.130 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.130 | ||
CY2024Q2 | cci |
Tower Count
TowerCount
|
40000 | |
CY2024Q2 | cci |
Fiber Miles
FiberMiles
|
90000 | |
CY2024Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1141000000 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
230000000 | usd |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
684000000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
115000000 | usd | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
29000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
874000000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7046000000 | usd |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
485000000 | usd |
CY2024Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4000000 | usd |
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1000000 | usd |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
258000000 | usd |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7000000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
251000000 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | usd |
CY2024Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
251000000 | usd |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
435000000 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
435000000 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
562000000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
869000000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
18000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
78000000 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
9000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
5000000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
8000000 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
9000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-6000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-102000000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
62000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
145000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1367000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
649000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-650000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
36000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
2113000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
670000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
2739000000 | usd | |
us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
1438000000 | usd | |
us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
-1024000000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
23000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
30000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
29000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1368000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1364000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-666000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-758000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
51000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
161000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
281000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
327000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
331000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6048000000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
40000000 | usd |
CY2024Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
3000000 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | usd |
CY2024Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-684000000 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
251000000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5652000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7223000000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
49000000 | usd |
CY2023Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
1000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1000000 | usd |
CY2023Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-681000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
455000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7046000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6381000000 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
107000000 | usd | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
30000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1000000 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-1367000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
562000000 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5652000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7449000000 | 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
|
-1363000000 | usd | |
CY2024Q2 | cci |
Site Rental Revenue Remaining Rental Obligation
SiteRentalRevenueRemainingRentalObligation
|
1000000 | usd |
cci |
Site Rental Revenue Remaining Rental Obligation
SiteRentalRevenueRemainingRentalObligation
|
4000000 | usd | |
CY2023Q2 | cci |
Site Rental Revenue Remaining Rental Obligation
SiteRentalRevenueRemainingRentalObligation
|
106000000 | usd |
cci |
Accelerated Prepaid Rent Amortization
AcceleratedPrepaidRentAmortization
|
57000000 | usd | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2000000000.0 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
270000000 | usd | |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
2595000000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
4891000000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
4729000000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
4603000000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
4381000000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
16134000000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
37333000000 | usd |
CY2024Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
23719000000 | usd |
CY2023Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
22921000000 | usd |
CY2024Q2 | us-gaap |
Debt Current
DebtCurrent
|
865000000 | usd |
CY2023Q4 | us-gaap |
Debt Current
DebtCurrent
|
835000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
22854000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
22086000000 | usd |
CY2024Q2 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
27000000 | usd |
CY2023Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
18000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
2249000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
605000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
2784000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
3254000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
2632000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
12350000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
23874000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
155000000 | usd |
CY2024Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
23719000000 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
227000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
205000000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
8000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
7000000 | usd |
CY2024Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
5000000 | usd |
CY2023Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
4000000 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
230000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
208000000 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
155000000 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
155000000 | usd |
CY2024Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
176000000 | usd |
CY2024Q2 | cci |
Restricted Cash And Cash Equivalents Fair Value Disclosure
RestrictedCashAndCashEquivalentsFairValueDisclosure
|
176000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
176000000 | usd |
CY2023Q4 | cci |
Restricted Cash And Cash Equivalents Fair Value Disclosure
RestrictedCashAndCashEquivalentsFairValueDisclosure
|
176000000 | usd |
CY2024Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
23719000000 | usd |
CY2024Q2 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
|
21834000000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
251000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
455000000 | usd |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
435000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
434000000 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
435000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
435000000 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
CY2024Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.565 | |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.565 | |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
1000000 | shares | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.565 | |
CY2024Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
683000000 | usd |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.565 | ||
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
300000 | shares | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
30000000 | usd | |
CY2023Q4 | cci |
At The Market Stock Offering Program Aggregate Value Of Common Stock
AtTheMarketStockOfferingProgramAggregateValueOfCommonStock
|
750000000 | usd |
CY2024Q1 | cci |
At The Market Stock Offering Program Terminated2021 Program Remaining Unsold
AtTheMarketStockOfferingProgramTerminated2021ProgramRemainingUnsold
|
750000000 | usd |
CY2024Q2 | cci |
Availability Under2024 Atm Program
AvailabilityUnder2024ATMProgram
|
750000000 | usd |
CY2024Q2 | cci |
Small Cells On Air Or Under Contract
SmallCellsOnAirOrUnderContract
|
115000 | |
CY2024Q2 | cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
4000000 | usd |
CY2023Q2 | cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
4000000 | usd |
cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
8000000 | usd | |
cci |
Amortization Of Prepaid Lease Purchase Price Adjustments
AmortizationOfPrepaidLeasePurchasePriceAdjustments
|
8000000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
283000000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
284000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
441000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
367000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
9000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
10000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
-70000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
28000000 | usd | |
cci |
Increase Decreaseinaccountspayableforpurchasesofpropertyandequipment
IncreaseDecreaseinaccountspayableforpurchasesofpropertyandequipment
|
-18000000 | usd | |
cci |
Increase Decreaseinaccountspayableforpurchasesofpropertyandequipment
IncreaseDecreaseinaccountspayableforpurchasesofpropertyandequipment
|
16000000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
13000000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
14000000 | usd | |
cci |
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
|
41000000 | usd | |
cci |
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
Purchaseofpropertyandequipmentundercapitalleasesandinstallmentpurchases
|
39000000 | usd | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
155000000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
105000000 | usd |
CY2024Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
171000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
171000000 | usd |
CY2024Q2 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
5000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
5000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
331000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
281000000 | usd |
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | ||
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false |