2024 Q1 Form 10-K Financial Statement

#000103405424000002 Filed on February 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $657.9M $675.0M $2.712B
YoY Change -2.61% -1.61% 2.97%
Cost Of Revenue $138.0M $144.3M $612.6M
YoY Change -16.01% -16.18% -8.38%
Gross Profit $519.9M $530.7M $2.099B
YoY Change 1.69% 3.27% 6.83%
Gross Profit Margin 79.02% 78.62% 77.41%
Selling, General & Admin $68.70M $67.52M $267.9M
YoY Change -4.86% -4.37% 2.32%
% of Gross Profit 13.21% 12.72% 12.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.50M $171.4M $272.3M
YoY Change -79.44% -6.36% -0.62%
% of Gross Profit 7.21% 32.3% 12.97%
Operating Expenses $68.70M $238.9M $267.9M
YoY Change -73.02% -5.8% 2.32%
Operating Profit $323.4M $209.7M $923.7M
YoY Change 26.02% -10.64% -0.19%
Interest Expense -$102.8M -$104.4M -$438.2M
YoY Change -12.61% -8.14% 6.99%
% of Operating Profit -31.79% -49.77% -47.44%
Other Income/Expense, Net -$151.9M $33.09M -$375.2M
YoY Change -504.41% 303.29% -6.11%
Pretax Income $171.5M $138.4M $548.5M
YoY Change 19.03% 7.45% 4.31%
Income Tax $16.93M $28.90M $51.09M
% Of Pretax Income 9.87% 20.87% 9.31%
Net Earnings $154.5M $109.5M $501.8M
YoY Change 52.68% 6.05% 8.75%
Net Earnings / Revenue 23.49% 16.23% 18.51%
Basic Earnings Per Share $1.43 $1.01 $4.64
Diluted Earnings Per Share $1.42 $1.01 $4.61
COMMON SHARES
Basic Shares Outstanding 108.1M 107.9M 108.2M
Diluted Shares Outstanding 108.6M 108.9M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $241.9M $208.5M $208.5M
YoY Change 58.34% 43.79% 43.79%
Cash & Equivalents $240.3M $208.5M $208.5M
Short-Term Investments $1.585M $1.046M $1.046M
Other Short-Term Assets $23.28M $19.15M $76.72M
YoY Change -69.7% 7.29% 3.99%
Inventory
Prepaid Expenses
Receivables $126.5M $182.7M $199.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $447.6M $484.3M $484.3M
YoY Change -5.08% 0.32% 0.32%
LONG-TERM ASSETS
Property, Plant & Equipment $2.710B $2.712B $6.426B
YoY Change -58.98% -0.07% -2.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $22.02M $24.54M $24.54M
YoY Change -40.6% -39.7% -39.7%
Other Assets $806.5M $812.5M $812.5M
YoY Change 4.58% 12.47% 220.99%
Total Long-Term Assets $9.548B $9.694B $9.694B
YoY Change -5.19% -4.04% -4.04%
TOTAL ASSETS
Total Short-Term Assets $447.6M $484.3M $484.3M
Total Long-Term Assets $9.548B $9.694B $9.694B
Total Assets $9.995B $10.18B $10.18B
YoY Change -5.18% -3.84% -3.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.76M $42.20M $42.20M
YoY Change -14.55% -17.94% -17.94%
Accrued Expenses $77.04M $92.62M $423.6M
YoY Change -80.31% -8.73% 3.18%
Deferred Revenue $3.262M $5.597M
YoY Change -67.41% -77.78%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.805B $643.1M $643.1M
YoY Change 7422.48% 2579.77% 2579.77%
Total Short-Term Liabilities $2.413B $1.363B $1.363B
YoY Change 277.79% 95.66% 95.66%
LONG-TERM LIABILITIES
Long-Term Debt $10.55B $11.68B $11.68B
YoY Change -17.56% -9.05% -9.08%
Other Long-Term Liabilities $411.4M $404.2M $2.270B
YoY Change -82.39% 62.92% -0.69%
Total Long-Term Liabilities $12.77B $13.95B $13.95B
YoY Change -15.63% -7.81% -7.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.413B $1.363B $1.363B
Total Long-Term Liabilities $12.77B $13.95B $13.95B
Total Liabilities $15.18B $15.31B $15.35B
YoY Change -3.98% -3.26% -3.23%
SHAREHOLDERS EQUITY
Retained Earnings -$7.509B -$7.451B
YoY Change 0.47% -0.42%
Common Stock $1.079M $1.080M
YoY Change -0.37% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$5.223B -$5.171B -$5.171B
YoY Change
Total Liabilities & Shareholders Equity $9.995B $10.18B $10.18B
YoY Change -5.18% -3.84% -3.84%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $154.5M $109.5M $501.8M
YoY Change 52.68% 6.05% 8.75%
Depreciation, Depletion And Amortization $37.50M $171.4M $272.3M
YoY Change -79.44% -6.36% -0.62%
Cash From Operating Activities $294.5M $432.4M $1.544B
YoY Change -5.31% 49.81% 20.12%
INVESTING ACTIVITIES
Capital Expenditures $57.87M $62.72M $236.7M
YoY Change 17.78% -5.1% 10.38%
Acquisitions $19.41M $130.0M
YoY Change -2.63% -88.95%
Other Investing Activities $7.195M -$43.65M $421.0K
YoY Change -107.37% -94.07% -180.34%
Cash From Investing Activities -$85.31M -$106.4M -$468.2M
YoY Change -41.87% -86.74% -66.4%
FINANCING ACTIVITIES
Cash Dividend Paid $108.1M $370.0M
YoY Change 15.12% 20.6%
Common Stock Issuance & Retirement, Net $100.0M
YoY Change -76.83%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -191.4M -311.6M -1.017B
YoY Change 170.63% -172.35% 650.86%
NET CHANGE
Cash From Operating Activities 294.5M 432.4M 1.544B
Cash From Investing Activities -85.31M -106.4M -468.2M
Cash From Financing Activities -191.4M -311.6M -1.017B
Net Change In Cash 13.39M 14.49M 61.66M
YoY Change -85.68% -117.43% -125.03%
FREE CASH FLOW
Cash From Operating Activities $294.5M $432.4M $1.544B
Capital Expenditures $57.87M $62.72M $236.7M
Free Cash Flow $236.6M $369.7M $1.308B
YoY Change -9.65% 66.13% 22.07%

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CY2023 us-gaap Nature Of Operations
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">1.</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">GENERAL </span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 5pt;text-indent: 0.50in;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">SBA Communications Corporation (the “Company” or “SBAC”) was incorporated in the State of Florida in March 1997. The Company is a holding company that holds all of the outstanding capital stock of SBA Telecommunications, LLC (“Telecommunications”). Telecommunications is a holding company that holds the outstanding capital stock of SBA Senior Finance, LLC (“SBA Senior Finance”), and other operating subsidiaries which are not a party to any loan agreement. SBA Senior Finance is a holding company that holds, directly or indirectly, the equity interest in certain subsidiaries that issued the Tower Securities (see Note 11) and certain subsidiaries that were not involved in the issuance of the Tower Securities. With respect to the subsidiaries involved in the issuance of the Tower Securities, SBA Senior Finance is the sole member of SBA Holdings, LLC and SBA Depositor, LLC. SBA Holdings, LLC is the sole member of SBA Guarantor, LLC. SBA Guarantor, LLC directly or indirectly holds all of the capital stock of the companies referred to as the “Borrowers” under the Tower Securities. With respect to subsidiaries not involved in the issuance of the Tower Securities, SBA Senior Finance holds all of the membership interests in SBA Senior Finance II, LLC (“SBA Senior Finance II”) and certain non-operating subsidiaries. SBA Senior Finance II holds, directly or indirectly, all the capital stock of certain international subsidiaries and certain other tower companies (known as “Tower Companies”). SBA Senior Finance II also holds, directly or indirectly, all the capital stock and/or membership interests of certain other subsidiaries involved in providing services, including SBA Network Services, LLC (“Network Services”) as well as SBA Network Management, Inc. (“Network Management”) which manages and administers the operations of the Borrowers.</span></p><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">As of December 31, 2023, the Company owned and operated wireless towers in the United States and its territories. In addition, the Company owned towers in Brazil, Canada, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Nicaragua, Panama, Peru, South Africa, the Philippines</span><span id="_Hlk95822824" style="text-decoration: none;"></span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">, and Tanzania</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">. The Company sold all of its towers and related assets held in Argentina in the fourth quarter of 2023. Space on these towers is leased primarily to wireless service providers. As of December 31, 2023, the Company owned and operated </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">39,618</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> towers of which </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">17,487</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> are domestic and </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">22,131</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> are international, of which </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">12,713</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> are located in Brazil.</span>
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CY2023 us-gaap Use Of Estimates
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">Use of Estimates</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 5pt;text-indent: 0.50in;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The significant estimates made by management relate to the allowance for doubtful accounts, the costs and revenue relating to the Company’s construction contracts, stock-based compensation assumptions, valuation allowance related to deferred tax assets, fair value of long-lived assets, the useful lives of towers and intangible assets, anticipated property tax assessments, incremental borrowing rate for lease accounting, fair value of investments, and asset retirement obligations. Management develops estimates based on historical experience and on various assumptions about the future that are believed to be reasonable based on the information available. These estimates ultimately may differ from actual results and such differences could be material.</span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 5pt;text-indent: 0.50in;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The Company is in the process of reviewing the remaining estimated useful lives of its towers and intangible assets and is considering, for U.S. GAAP purposes, whether it should modify its current estimates for asset lives based on its historical operating experience. The Company has retained an independent consultant to assist in completing this review and analysis. The Company currently depreciates its towers on a straight-line basis over the shorter of the term of the underlying ground lease (including renewal options) taking into account residual value or the estimated useful life of the tower, which the Company has historically estimated to be </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">15</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> years. Additionally, certain of the Company’s intangible assets are amortized on a similar basis to its tower assets, as the estimated useful lives of such intangible assets correlate to the useful life of the towers. If the Company concludes that a revision in the estimated useful lives of its towers and intangible assets is appropriate based on its review and analysis, the Company will account for any changes in the useful lives as a change in accounting estimate under Accounting Standards Codification (“ASC”) 250 </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 5pt;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Accounting Changes and Error Corrections, which will be recorded prospectively beginning in the period of change. Based on preliminary information obtained to date, the Company expects that its estimated asset lives may be extended, which would result in prospective (i) decreases in depreciation and amortization and (ii) increases in the right of use asset and operating lease liability, and such changes could be material to future depreciation and amortization and the Company’s consolidated results of operations. The Company expects to conclude its analysis in the first quarter of 2024.</span></p>
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
189283000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
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CY2023Q4 sbac Contract With Customer Estimated Earnings
ContractWithCustomerEstimatedEarnings
64589000
CY2022Q4 sbac Contract With Customer Estimated Earnings
ContractWithCustomerEstimatedEarnings
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CY2023Q4 sbac Contract With Customer Billing To Date
ContractWithCustomerBillingToDate
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CY2022Q4 sbac Contract With Customer Billing To Date
ContractWithCustomerBillingToDate
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CY2023Q4 sbac Contract With Customer Net Asset Liability
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CY2022Q4 sbac Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
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CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
16252000
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
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CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25191000
CY2023Q4 sbac Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
10655000
CY2022Q4 sbac Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
54358000
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ShortTermInvestments
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PrepaidRealEstateTaxes
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CY2022Q4 sbac Prepaid Real Estate Taxes
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CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
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CY2023Q4 us-gaap Prepaid Taxes
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CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
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CY2023Q4 sbac Prepaid Rent Current
PrepaidRentCurrent
3712000
CY2022Q4 sbac Prepaid Rent Current
PrepaidRentCurrent
3867000
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OtherAssetsCurrent
19147000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13450000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
38593000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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CY2023Q4 us-gaap Deferred Rent Receivables Net Noncurrent
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CY2022Q4 us-gaap Deferred Rent Receivables Net Noncurrent
DeferredRentReceivablesNetNoncurrent
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DerivativeAssets
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CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
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NotesReceivableGross
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CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
39922000
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
8713000
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
7747000
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LongTermInvestments
24540000
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
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OtherAssetsMiscellaneousNoncurrent
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CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
46337000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2022 sbac Number Of Towers Acquired
NumberOfTowersAcquired
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CY2021 sbac Number Of Towers Acquired
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991
CY2023 sbac Towers And Related Intangible Assets Acquisitions
TowersAndRelatedIntangibleAssetsAcquisitions
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CY2022 sbac Towers And Related Intangible Assets Acquisitions
TowersAndRelatedIntangibleAssetsAcquisitions
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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365258000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
355578000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
340520000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
291666000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
228627000
CY2021 sbac Towers And Related Intangible Assets Acquisitions
TowersAndRelatedIntangibleAssetsAcquisitions
274752000
CY2023 sbac Acquisition Of Right Of Use Assets
AcquisitionOfRightOfUseAssets
5072000
CY2022 sbac Acquisition Of Right Of Use Assets
AcquisitionOfRightOfUseAssets
602574000
CY2021 sbac Acquisition Of Right Of Use Assets
AcquisitionOfRightOfUseAssets
950536000
CY2023 sbac Ground Lease Land Purchases
GroundLeaseLandPurchases
43275000
CY2022 sbac Ground Lease Land Purchases
GroundLeaseLandPurchases
83630000
CY2021 sbac Ground Lease Land Purchases
GroundLeaseLandPurchases
32416000
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
129961000
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1176092000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1257704000
CY2021Q1 sbac Towers And Related Intangible Assets Acquisitions
TowersAndRelatedIntangibleAssetsAcquisitions
77100000
CY2023 sbac Ground Lease Extensions
GroundLeaseExtensions
17600000
CY2022 sbac Ground Lease Extensions
GroundLeaseExtensions
17900000
CY2021 sbac Ground Lease Extensions
GroundLeaseExtensions
16300000
CY2023Q4 sbac Performance Targets Maximum Potential Obligation
PerformanceTargetsMaximumPotentialObligation
17900000
CY2022Q4 sbac Performance Targets Maximum Potential Obligation
PerformanceTargetsMaximumPotentialObligation
10100000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6685162000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4247782000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3971435000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2711719000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2713727000
CY2023 us-gaap Depreciation
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272300000
CY2022 us-gaap Depreciation
Depreciation
274000000.0
CY2021 us-gaap Depreciation
Depreciation
271800000
CY2023Q4 sbac Capital Expenditure Accrual Current
CapitalExpenditureAccrualCurrent
6500000
CY2022Q4 sbac Capital Expenditure Accrual Current
CapitalExpenditureAccrualCurrent
7500000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7179789000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4724192000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2455597000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7063235000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4286763000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
397000000.0
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
406000000.0
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
411900000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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3409000000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2095000000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2395000000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1450000000
CY2023Q4 us-gaap Accrued Employee Benefits Current
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25630000
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
27727000
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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7149000
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
8422000
CY2023Q4 sbac Capital Expenditure Accrual Current
CapitalExpenditureAccrualCurrent
6477000
CY2022Q4 sbac Capital Expenditure Accrual Current
CapitalExpenditureAccrualCurrent
7476000
CY2023Q4 sbac Accrued Holdbacks
AccruedHoldbacks
16100000
CY2022Q4 sbac Accrued Holdbacks
AccruedHoldbacks
25681000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
37266000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
32178000
CY2023Q4 us-gaap Accrued Liabilities Current
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92622000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
101484000
CY2023Q4 sbac Billing In Excess Of Costs And Estimated Earnings On Uncompleted Contracts
BillingInExcessOfCostsAndEstimatedEarningsOnUncompletedContracts
5597000
CY2022Q4 sbac Billing In Excess Of Costs And Estimated Earnings On Uncompleted Contracts
BillingInExcessOfCostsAndEstimatedEarningsOnUncompletedContracts
25191000
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
9947000
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
10641000
CY2023Q4 sbac Liabilities Other Current
LiabilitiesOtherCurrent
3118000
CY2022Q4 sbac Liabilities Other Current
LiabilitiesOtherCurrent
12930000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
18662000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
48762000
CY2023Q4 us-gaap Debt Instrument Face Amount
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CY2023Q4 us-gaap Debt Instrument Fair Value
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CY2023Q4 us-gaap Long Term Debt
LongTermDebt
12324315000
CY2022Q4 us-gaap Debt Instrument Face Amount
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12952000000
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
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CY2022Q4 us-gaap Long Term Debt
LongTermDebt
12868162000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
643145000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
24000000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11681170000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12844162000
CY2023 sbac Cash Interest Expense
CashInterestExpense
400373000
CY2023 sbac Noncash Interest Expense
NoncashInterestExpense
35868000
CY2022 sbac Cash Interest Expense
CashInterestExpense
353784000
CY2022 sbac Noncash Interest Expense
NoncashInterestExpense
46109000
CY2021 sbac Cash Interest Expense
CashInterestExpense
352919000
CY2021 sbac Noncash Interest Expense
NoncashInterestExpense
47085000
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
38600000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
644000000
CY2023 sbac Ratio Of Total Debt To Annualized Borrower Ebitda
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6.5
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CommonStockSharesAuthorized
3400000
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
500000
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1300000
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1900000
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
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197.89
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
332.00
CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
309.79
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
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100000000.0
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
431600000
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
582500000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0396
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0253
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0150
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.009
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.300
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.272
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SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y4M24D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y3M18D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3202000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
143.01
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1290000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
120.90
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
13000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
179.67
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1899000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
157.76
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
10000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
328.99
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
233000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
141.41
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
3000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
179.16
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1673000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
161.02
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
20000
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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224.24
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
339000
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
132.70
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
14000
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
238.10
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1340000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
168.32
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
115071000
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166.49
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
114482000
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28000
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254.17
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedIntrinsicValue
589000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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45200000
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287800000
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31600000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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1900000
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4900000
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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CY2023Q4 us-gaap Share Price
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1340000
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
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1312000
CY2022Q4 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
266000
CY2022Q4 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
35.91
CY2023 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number Granted In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumberGrantedInPeriod
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CY2023 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Grant Date Fair Value
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58.95
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumberVestedInPeriod
252000
CY2023 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
34.33
CY2023 sbac Number Of Shares Vested Forfeitures And Cancelled
NumberOfSharesVestedForfeituresAndCancelled
6000
CY2023 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited Or Canceled Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedOrCanceledWeightedAverageGrantDateFairValue
40.45
CY2023Q4 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
28000
CY2023Q4 sbac Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
65.61
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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23450000
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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7933000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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3716000
CY2023 sbac Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
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CY2022 sbac Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
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CY2021 sbac Deferred Income Tax Expense Benefits
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14940000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
110427000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
53039000
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
31722000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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20996000
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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9586000
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
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9288000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2023 sbac Income Tax Reconciliation Effect Of Real Estate Investment Trust Election Amount
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-75513000
CY2022 sbac Income Tax Reconciliation Effect Of Real Estate Investment Trust Election Amount
IncomeTaxReconciliationEffectOfRealEstateInvestmentTrustElectionAmount
-86670000
CY2021 sbac Income Tax Reconciliation Effect Of Real Estate Investment Trust Election Amount
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-56457000
CY2023 sbac Income Tax Reconciliation Permanent Differences Amount
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11872000
CY2022 sbac Income Tax Reconciliation Permanent Differences Amount
IncomeTaxReconciliationPermanentDifferencesAmount
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CY2021 sbac Income Tax Reconciliation Permanent Differences Amount
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6105000
CY2023 sbac Effective Income Tax Rate Reconciliation At Uncertain Tax Positions Amount
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14202000
CY2022 sbac Effective Income Tax Rate Reconciliation Property Equipment And Intangible Basis Differences
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8471000
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1416000
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2559000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
490000
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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7933000
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3716000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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25225000
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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13506000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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14945000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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12504000
CY2023Q4 sbac Deferred Tax Assets Noncash Compensation
DeferredTaxAssetsNoncashCompensation
29576000
CY2022Q4 sbac Deferred Tax Assets Noncash Compensation
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30501000
CY2023Q4 sbac Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
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CY2022Q4 sbac Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
265710000
CY2023Q4 sbac Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Revenue
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRevenue
6348000
CY2022Q4 sbac Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Revenue
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRevenue
5656000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2735000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1430000
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
14467000
CY2022Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
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CY2023Q4 us-gaap Deferred Tax Assets Other
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14075000
CY2022Q4 us-gaap Deferred Tax Assets Other
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10518000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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16115000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
73546000
CY2023Q4 us-gaap Deferred Tax Assets Net
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401427000
CY2022Q4 us-gaap Deferred Tax Assets Net
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391087000
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
169744000
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
152207000
CY2023Q4 sbac Deferred Tax Liabilities Right Of Use Asset
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254573000
CY2022Q4 sbac Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
254368000
CY2023Q4 sbac Deferred Tax Liabilities Straight Line Rent
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19029000
CY2022Q4 sbac Deferred Tax Liabilities Straight Line Rent
DeferredTaxLiabilitiesStraightLineRent
18659000
CY2023Q4 sbac Deferred Tax Liabilities Deferred Foreign Withholding Taxes
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8322000
CY2022Q4 sbac Deferred Tax Liabilities Deferred Foreign Withholding Taxes
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9088000
CY2023Q4 us-gaap Deferred Tax Liabilities Other
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1495000
CY2022Q4 us-gaap Deferred Tax Liabilities Other
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1531000
CY2023Q4 us-gaap Deferred Tax Liabilities
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51736000
CY2022Q4 us-gaap Deferred Tax Liabilities
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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16100000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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CY2023Q4 us-gaap Unrecognized Tax Benefits
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14200000
CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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4500000
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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5023000
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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9179000
CY2023Q4 us-gaap Unrecognized Tax Benefits
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14202000
CY2023Q4 sbac Deferred Tax Liabilities Deferred Foreign Withholding Taxes
DeferredTaxLiabilitiesDeferredForeignWithholdingTaxes
8300000
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2023 us-gaap Number Of Reportable Segments
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CY2023 sbac Number Of Measures Utilized Of Segment Profit To Assess Performance And Allocate Resources
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2
CY2023 us-gaap Revenues
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CY2023 us-gaap Cost Of Revenue
CostOfRevenue
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CY2023 us-gaap Gross Profit
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CY2023 us-gaap Selling General And Administrative Expense
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267936000
CY2023 sbac Business Combination Acquisition Related Costs And Adjusments
BusinessCombinationAcquisitionRelatedCostsAndAdjusments
21671000
CY2023 sbac Asset Impairment And Decommission Costs
AssetImpairmentAndDecommissionCosts
169387000
CY2023 us-gaap Depreciation Amortization And Accretion Net
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CY2023 us-gaap Operating Income Loss
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CY2023 us-gaap Nonoperating Income Expense
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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548503000
CY2023 us-gaap Payments To Acquire Productive Assets
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368613000
CY2022 us-gaap Revenues
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2633454000
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
668650000
CY2022 us-gaap Gross Profit
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1964804000
CY2022 us-gaap Selling General And Administrative Expense
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261853000
CY2022 sbac Business Combination Acquisition Related Costs And Adjusments
BusinessCombinationAcquisitionRelatedCostsAndAdjusments
26807000
CY2022 sbac Asset Impairment And Decommission Costs
AssetImpairmentAndDecommissionCosts
43160000
CY2022 us-gaap Depreciation Amortization And Accretion Net
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707576000
CY2022 us-gaap Operating Income Loss
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CY2022 us-gaap Nonoperating Income Expense
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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525843000
CY2022 us-gaap Payments To Acquire Productive Assets
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CY2021 us-gaap Revenues
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CY2021 us-gaap Cost Of Revenue
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545484000
CY2021 us-gaap Gross Profit
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CY2021 us-gaap Selling General And Administrative Expense
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220029000
CY2021 sbac Business Combination Acquisition Related Costs And Adjusments
BusinessCombinationAcquisitionRelatedCostsAndAdjusments
27621000
CY2021 sbac Asset Impairment And Decommission Costs
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33044000
CY2021 us-gaap Depreciation Amortization And Accretion Net
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700161000
CY2021 us-gaap Operating Income Loss
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CY2021 us-gaap Nonoperating Income Expense
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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252564000
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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CY2023Q4 us-gaap Assets
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10178441000
CY2022Q4 us-gaap Assets
Assets
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CY2023 us-gaap Net Income Loss
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501812000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
461429000
CY2021 us-gaap Net Income Loss
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CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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108204000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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107957000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
109328000
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
703000
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1429000
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1849000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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108907000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109386000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111177000
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
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4.64
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
4.27
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.17
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.61
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.22
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.14
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2259000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
307472000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1900000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1010000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
282103000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
285000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
275342000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
268622000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1959068000
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
5454000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3379815000
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
606000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1245513000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
4848000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2134302000
CY2023Q4 us-gaap Finance Lease Liability Current
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1671000
CY2023Q4 us-gaap Operating Lease Liability Current
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271793000
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
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3177000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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2147798000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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1937636000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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1646642000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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1357646000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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1039529000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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2265719000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
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10394970000
CY2023 sbac Defined Benefit Plan Vesting Term
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P3M
CY2023 sbac Defined Benefit Plan Minimum Age Requirement
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21
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CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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4000
CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3400000
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3200000
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2900000
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
31735000
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
17250000
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4397000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1630000
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
899000
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
204000
CY2023 sbac Contribution From Joint Venture Partner
ContributionFromJointVenturePartner
1200000
CY2023 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
7408000
CY2022 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
16319000
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
35047000
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
31735000
CY2023Q4 us-gaap Revenues
Revenues
675024000
CY2023Q3 us-gaap Revenues
Revenues
682544000
CY2023Q2 us-gaap Revenues
Revenues
678500000
CY2023Q1 us-gaap Revenues
Revenues
675516000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
209687000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
248604000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
241227000
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
224141000
CY2023Q4 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
171400000
CY2023Q3 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
180674000
CY2023Q2 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
181820000
CY2023Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
182415000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
109528000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
87419000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
203648000
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.88
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
CY2022Q4 us-gaap Revenues
Revenues
686094000
CY2022Q3 us-gaap Revenues
Revenues
675584000
CY2022Q2 us-gaap Revenues
Revenues
652006000
CY2022Q1 us-gaap Revenues
Revenues
619770000
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
234664000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
242987000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
230978000
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
216779000
CY2022Q4 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
183036000
CY2022Q3 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
173825000
CY2022Q2 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
176392000
CY2022Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
174323000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
103281000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
100009000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
69516000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
188623000
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.94
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72

Files In Submission

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