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10-Q Filing

AMERICAN TOWER CORP /MA/ CIK: 1053507 Q2 2018
Filing Information
Form Type 10-Q
Accession Number 0001053507-18-000038
Period End Date 20180630
Filing Date 20180731
Fiscal Year 2018
Fiscal Period Q2
XBRL Instance amt-20180630.xml
Balance Sheet 89 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $770.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $802.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $834.50M USD Point-in-time
Restricted cash RestrictedCashEquivalentsCurrent $135.60M USD Point-in-time
Restricted cash RestrictedCashEquivalentsCurrent $152.80M USD Point-in-time
Restricted cash RestrictedCashEquivalentsCurrent $143.30M USD Point-in-time
Short-term investments ShortTermInvestments $80.80M USD Point-in-time
Short-term investments ShortTermInvestments $1.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $513.60M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $506.90M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $568.60M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $569.30M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Total current assets AssetsCurrent $2.13B USD Point-in-time
Total current assets AssetsCurrent $2.04B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
PROPERTY AND EQUIPMENT, net PropertyPlantAndEquipmentNet $11.07B USD Point-in-time
PROPERTY AND EQUIPMENT, net PropertyPlantAndEquipmentNet $11.10B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 437.73M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 450.82M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 428.82M shares Point-in-time
GOODWILL Goodwill $5.64B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 441.19M shares Point-in-time
GOODWILL Goodwill $5.53B USD Point-in-time
Treasury stock, shares TreasuryStockShares 8.91M shares Point-in-time
Treasury stock, shares TreasuryStockShares 9.63M shares Point-in-time
OTHER INTANGIBLE ASSETS, net IntangibleAssetsNetExcludingGoodwill $11.76B USD Point-in-time
OTHER INTANGIBLE ASSETS, net IntangibleAssetsNetExcludingGoodwill $11.78B USD Point-in-time
DEFERRED TAX ASSET DeferredIncomeTaxAssetsNet $183.70M USD Point-in-time
DEFERRED TAX ASSET DeferredIncomeTaxAssetsNet $204.40M USD Point-in-time
DEFERRED RENT ASSET DeferredRentReceivablesNetNoncurrent $1.52B USD Point-in-time
DEFERRED RENT ASSET DeferredRentReceivablesNetNoncurrent $1.50B USD Point-in-time
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS OtherAssetsNoncurrent $950.10M USD Point-in-time
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS OtherAssetsNoncurrent $1.02B USD Point-in-time
TOTAL Assets $33.21B USD Point-in-time
TOTAL Assets $33.21B USD Point-in-time
TOTAL Assets $32.14B USD Point-in-time
Accounts payable AccountsPayableCurrent $142.90M USD Point-in-time
Accounts payable AccountsPayableCurrent $137.00M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $782.50M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $854.30M USD Point-in-time
Distributions payable DividendsPayableCurrent $304.40M USD Point-in-time
Distributions payable DividendsPayableCurrent $344.90M USD Point-in-time
Accrued interest InterestPayableCurrent $166.90M USD Point-in-time
Accrued interest InterestPayableCurrent $178.10M USD Point-in-time
Current portion of long-term obligations LongTermDebtCurrent $2.79B USD Point-in-time
Current portion of long-term obligations LongTermDebtCurrent $774.80M USD Point-in-time
Unearned revenue DeferredRevenueCurrent $328.60M USD Point-in-time
Unearned revenue DeferredRevenueCurrent $268.80M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.51B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.56B USD Point-in-time
LONG-TERM OBLIGATIONS LongTermDebtAndCapitalLeaseObligations $18.32B USD Point-in-time
LONG-TERM OBLIGATIONS LongTermDebtAndCapitalLeaseObligations $19.43B USD Point-in-time
ASSET RETIREMENT OBLIGATIONS AssetRetirementObligation $1.19B USD Point-in-time
ASSET RETIREMENT OBLIGATIONS AssetRetirementObligation $1.18B USD Point-in-time
DEFERRED TAX LIABILITY DeferredIncomeTaxLiabilitiesNet $752.20M USD Point-in-time
DEFERRED TAX LIABILITY DeferredIncomeTaxLiabilitiesNet $898.10M USD Point-in-time
OTHER NON-CURRENT LIABILITIES OtherLiabilitiesNoncurrent $1.24B USD Point-in-time
OTHER NON-CURRENT LIABILITIES OtherLiabilitiesNoncurrent $1.25B USD Point-in-time
Total liabilities Liabilities $25.26B USD Point-in-time
Total liabilities Liabilities $26.07B USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
REDEEMABLE NONCONTROLLING INTERESTS RedeemableNoncontrollingInterestEquityCarryingAmount $1.13B USD Point-in-time
REDEEMABLE NONCONTROLLING INTERESTS RedeemableNoncontrollingInterestEquityCarryingAmount $1.09B USD Point-in-time
REDEEMABLE NONCONTROLLING INTERESTS RedeemableNoncontrollingInterestEquityCarryingAmount $1.16B USD Point-in-time
REDEEMABLE NONCONTROLLING INTERESTS RedeemableNoncontrollingInterestEquityCarryingAmount $1.01B USD Point-in-time
Common stock: $.01 par value; 1,000,000 shares authorized; 450,817 and 437,729 shares issued; and 441,186 and 428,820 shares outstanding, respectively CommonStockValue $4.40M USD Point-in-time
Common stock: $.01 par value; 1,000,000 shares authorized; 450,817 and 437,729 shares issued; and 441,186 and 428,820 shares outstanding, respectively CommonStockValue $4.50M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $10.25B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $10.25B USD Point-in-time
Distributions in excess of earnings RetainedEarningsAccumulatedDeficit $-1.12B USD Point-in-time
Distributions in excess of earnings RetainedEarningsAccumulatedDeficit $-1.06B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.98B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.51B USD Point-in-time
Treasury stock (9,631 and 8,909 shares at cost, respectively) TreasuryStockValue $974.00M USD Point-in-time
Treasury stock (9,631 and 8,909 shares at cost, respectively) TreasuryStockValue $1.07B USD Point-in-time
Total American Tower Corporation equity StockholdersEquity $5.55B USD Point-in-time
Total American Tower Corporation equity StockholdersEquity $6.24B USD Point-in-time
Noncontrolling interests MinorityInterest $575.90M USD Point-in-time
Noncontrolling interests MinorityInterest $586.60M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.83B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.98B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.13B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $33.21B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $33.21B USD Point-in-time
Income Statement 104 line items
Line Item Tag Value Unit Period
Property OperatingLeasesIncomeStatementLeaseRevenue $1.75B USD 1 Quarter
Property OperatingLeasesIncomeStatementLeaseRevenue $1.64B USD 1 Quarter
Property OperatingLeasesIncomeStatementLeaseRevenue $3.23B USD 2 Qtrs
Property OperatingLeasesIncomeStatementLeaseRevenue $3.46B USD 2 Qtrs
Services SalesRevenueServicesNet $62.90M USD 2 Qtrs
Services SalesRevenueServicesNet $31.50M USD 1 Quarter
Services SalesRevenueServicesNet $46.50M USD 2 Qtrs
Services SalesRevenueServicesNet $24.40M USD 1 Quarter
Total operating revenues SalesRevenueNet $1.78B USD 1 Quarter
Total operating revenues SalesRevenueNet $1.66B USD 1 Quarter
Total operating revenues SalesRevenueNet $3.28B USD 2 Qtrs
Total operating revenues SalesRevenueNet $3.52B USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $67.50M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $24.80M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $62.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $25.80M USD 1 Quarter
Property (including stock-based compensation expense of $0.5, $0.6, $1.2 and $1.3, respectively) DirectCostsOfLeasedAndRentedPropertyOrEquipment $547.20M USD 1 Quarter
Property (including stock-based compensation expense of $0.5, $0.6, $1.2 and $1.3, respectively) DirectCostsOfLeasedAndRentedPropertyOrEquipment $993.40M USD 2 Qtrs
Property (including stock-based compensation expense of $0.5, $0.6, $1.2 and $1.3, respectively) DirectCostsOfLeasedAndRentedPropertyOrEquipment $507.20M USD 1 Quarter
Property (including stock-based compensation expense of $0.5, $0.6, $1.2 and $1.3, respectively) DirectCostsOfLeasedAndRentedPropertyOrEquipment $1.05B USD 2 Qtrs
Services (including stock-based compensation expense of $0.2, $0.2, $0.5 and $0.4, respectively) CostOfServices $13.10M USD 1 Quarter
Services (including stock-based compensation expense of $0.2, $0.2, $0.5 and $0.4, respectively) CostOfServices $10.00M USD 1 Quarter
Services (including stock-based compensation expense of $0.2, $0.2, $0.5 and $0.4, respectively) CostOfServices $25.60M USD 2 Qtrs
Services (including stock-based compensation expense of $0.2, $0.2, $0.5 and $0.4, respectively) CostOfServices $16.50M USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $449.70M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $817.50M USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $396.40M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $896.00M USD 2 Qtrs
Selling, general, administrative and development expense (including stock-based compensation expense of $24.1, $25.0, $65.8 and $60.3, respectively) SellingGeneralAndAdministrativeExpense $157.90M USD 1 Quarter
Selling, general, administrative and development expense (including stock-based compensation expense of $24.1, $25.0, $65.8 and $60.3, respectively) SellingGeneralAndAdministrativeExpense $317.90M USD 2 Qtrs
Selling, general, administrative and development expense (including stock-based compensation expense of $24.1, $25.0, $65.8 and $60.3, respectively) SellingGeneralAndAdministrativeExpense $362.80M USD 2 Qtrs
Selling, general, administrative and development expense (including stock-based compensation expense of $24.1, $25.0, $65.8 and $60.3, respectively) SellingGeneralAndAdministrativeExpense $153.10M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $234.80M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $67.00M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $18.90M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $25.10M USD 2 Qtrs
Total operating expenses CostsAndExpenses $1.23B USD 1 Quarter
Total operating expenses CostsAndExpenses $2.57B USD 2 Qtrs
Total operating expenses CostsAndExpenses $1.09B USD 1 Quarter
Total operating expenses CostsAndExpenses $2.17B USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $1.11B USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $576.90M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $948.90M USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $546.00M USD 1 Quarter
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt $-300.00K USD 1 Quarter
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt $-55.70M USD 2 Qtrs
Other (expense) income (including unrealized foreign currency (losses) gains of ($39.1), $7.7, ($14.2) and $35.7, respectively) OtherNonoperatingIncomeExpense $-34.80M USD 1 Quarter
Other (expense) income (including unrealized foreign currency (losses) gains of ($39.1), $7.7, ($14.2) and $35.7, respectively) OtherNonoperatingIncomeExpense $-7.00M USD 2 Qtrs
Other (expense) income (including unrealized foreign currency (losses) gains of ($39.1), $7.7, ($14.2) and $35.7, respectively) OtherNonoperatingIncomeExpense $41.00M USD 2 Qtrs
Other (expense) income (including unrealized foreign currency (losses) gains of ($39.1), $7.7, ($14.2) and $35.7, respectively) OtherNonoperatingIncomeExpense $11.70M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-227.70M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-361.70M USD 2 Qtrs
Total other expense NonoperatingIncomeExpense $-381.40M USD 2 Qtrs
Total other expense NonoperatingIncomeExpense $-164.50M USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $746.60M USD 2 Qtrs
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $318.30M USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $412.40M USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $567.50M USD 2 Qtrs
Income tax (provision) benefit IncomeTaxExpenseBenefit $3.90M USD 1 Quarter
Income tax (provision) benefit IncomeTaxExpenseBenefit $50.70M USD 2 Qtrs
Income tax (provision) benefit IncomeTaxExpenseBenefit $23.90M USD 1 Quarter
Income tax (provision) benefit IncomeTaxExpenseBenefit $-27.20M USD 2 Qtrs
NET INCOME ProfitLoss $695.90M USD 2 Qtrs
NET INCOME ProfitLoss $594.70M USD 2 Qtrs
NET INCOME ProfitLoss $388.50M USD 1 Quarter
NET INCOME ProfitLoss $314.40M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $7.70M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $21.50M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $12.80M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.80M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS NetIncomeLoss $367.00M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS NetIncomeLoss $591.90M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS NetIncomeLoss $306.70M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION STOCKHOLDERS NetIncomeLoss $683.10M USD 2 Qtrs
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact $22.80M USD 1 Quarter
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact $49.60M USD 2 Qtrs
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact $9.40M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $582.50M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $306.70M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $344.20M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $633.50M USD 2 Qtrs
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $1.33 USD 2 Qtrs
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $0.81 USD 1 Quarter
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $1.48 USD 2 Qtrs
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $0.69 USD 1 Quarter
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $1.32 USD 2 Qtrs
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $0.80 USD 1 Quarter
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $1.47 USD 2 Qtrs
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $0.69 USD 1 Quarter
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 438.33M shares 2 Qtrs
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 427.29M shares 2 Qtrs
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 427.30M shares 1 Quarter
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 441.50M shares 1 Quarter
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 430.49M shares 1 Quarter
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 441.51M shares 2 Qtrs
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 444.36M shares 1 Quarter
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 430.44M shares 2 Qtrs
DISTRIBUTIONS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.77 USD 1 Quarter
DISTRIBUTIONS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $1.52 USD 2 Qtrs
DISTRIBUTIONS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $1.26 USD 2 Qtrs
DISTRIBUTIONS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.64 USD 1 Quarter
Cash Flow Statement 86 line items
Line Item Tag Value Unit Period
Income tax refunds ProceedsFromIncomeTaxRefunds $23.70M USD 2 Qtrs
Income tax refunds ProceedsFromIncomeTaxRefunds $17.30M USD 2 Qtrs
Net income ProfitLoss $695.90M USD 2 Qtrs
Net income ProfitLoss $594.70M USD 2 Qtrs
Net income ProfitLoss $388.50M USD 1 Quarter
Net income ProfitLoss $314.40M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $449.70M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $817.50M USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $396.40M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $896.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $67.50M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $24.80M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $62.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $25.80M USD 1 Quarter
Loss on early retirement of long-term obligations ExtinguishmentOfDebtGainLossNetOfTax - USD 2 Qtrs
Loss on early retirement of long-term obligations ExtinguishmentOfDebtGainLossNetOfTax $-55.70M USD 2 Qtrs
Other non-cash items reflected in statements of operations IncreaseDecreaseInOtherOperatingAssets $-206.00M USD 2 Qtrs
Other non-cash items reflected in statements of operations IncreaseDecreaseInOtherOperatingAssets $50.20M USD 2 Qtrs
Increase in net deferred rent balances StraightLineRent $10.70M USD 2 Qtrs
Increase in net deferred rent balances StraightLineRent $71.50M USD 2 Qtrs
Increase in assets IncreaseDecreaseInOperatingAssets $102.00M USD 2 Qtrs
Increase in assets IncreaseDecreaseInOperatingAssets $68.90M USD 2 Qtrs
Increase in liabilities IncreaseDecreaseInOperatingLiabilities $47.20M USD 2 Qtrs
Increase in liabilities IncreaseDecreaseInOperatingLiabilities $65.40M USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.47B USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.73B USD 2 Qtrs
Payments for purchase of property and equipment and construction activities PaymentsToAcquireProductiveAssets $424.90M USD 2 Qtrs
Payments for purchase of property and equipment and construction activities PaymentsToAcquireProductiveAssets $371.50M USD 2 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $857.20M USD 2 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.34B USD 2 Qtrs
Proceeds from sale of short-term investments and other non-current assets ProceedsFromSaleOfAvailableForSaleSecuritiesAndOtherProductiveAssets $894.50M USD 2 Qtrs
Proceeds from sale of short-term investments and other non-current assets ProceedsFromSaleOfAvailableForSaleSecuritiesAndOtherProductiveAssets $7.20M USD 2 Qtrs
Payments for short-term investments PaymentsToAcquireShortTermInvestments - USD 2 Qtrs
Payments for short-term investments PaymentsToAcquireShortTermInvestments $952.80M USD 2 Qtrs
Deposits and other PaymentsForProceedsFromOtherInvestingActivities $-7.00M USD 2 Qtrs
Deposits and other PaymentsForProceedsFromOtherInvestingActivities $23.30M USD 2 Qtrs
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-1.84B USD 2 Qtrs
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-1.21B USD 2 Qtrs
Borrowings under credit facilities ProceedsFromLinesOfCredit $2.51B USD 2 Qtrs
Borrowings under credit facilities ProceedsFromLinesOfCredit $2.66B USD 2 Qtrs
Proceeds from issuance of senior notes, net ProceedsFromIssuanceOfSeniorLongTermDebt $1.28B USD 2 Qtrs
Proceeds from issuance of senior notes, net ProceedsFromIssuanceOfSeniorLongTermDebt $584.90M USD 2 Qtrs
Proceeds from term loan ProceedsFromIssuanceOfUnsecuredDebt $1.50B USD 2 Qtrs
Proceeds from term loan ProceedsFromIssuanceOfUnsecuredDebt - USD 2 Qtrs
Proceeds from issuance of securities in securitization transaction ProceedsFromIssuanceOfSecuredDebt - USD 2 Qtrs
Proceeds from issuance of securities in securitization transaction ProceedsFromIssuanceOfSecuredDebt $500.00M USD 2 Qtrs
Repayments of notes payable, credit facilities, senior notes, secured debt and capital leases RepaymentsOfLongTermDebtAndCapitalSecurities $4.26B USD 2 Qtrs
Repayments of notes payable, credit facilities, senior notes, secured debt and capital leases RepaymentsOfLongTermDebtAndCapitalSecurities $3.13B USD 2 Qtrs
(Distributions to) contributions from noncontrolling interest holders, net ProceedsFromPaymentsToMinorityShareholders $-13.90M USD 2 Qtrs
(Distributions to) contributions from noncontrolling interest holders, net ProceedsFromPaymentsToMinorityShareholders $265.30M USD 2 Qtrs
Purchases of common stock PaymentsForRepurchaseOfCommonStock $98.60M USD 2 Qtrs
Purchases of common stock PaymentsForRepurchaseOfCommonStock $641.40M USD 2 Qtrs
Proceeds from stock options and ESPP ProceedsFromIssuanceOrSaleOfEquity $82.60M USD 2 Qtrs
Proceeds from stock options and ESPP ProceedsFromIssuanceOrSaleOfEquity $40.20M USD 2 Qtrs
Distributions paid on common stock PaymentsOfDividendsCommonStock $635.60M USD 2 Qtrs
Distributions paid on common stock PaymentsOfDividendsCommonStock $514.90M USD 2 Qtrs
Distributions paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $18.90M USD 2 Qtrs
Distributions paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $53.60M USD 2 Qtrs
Payment for early retirement of long-term obligations PaymentsOfDebtExtinguishmentCosts $61.80M USD 2 Qtrs
Payment for early retirement of long-term obligations PaymentsOfDebtExtinguishmentCosts - USD 2 Qtrs
Deferred financing costs and other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-55.10M USD 2 Qtrs
Deferred financing costs and other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-28.10M USD 2 Qtrs
Purchase of noncontrolling interest PaymentsToAcquireAdditionalInterestInSubsidiaries - USD 2 Qtrs
Purchase of noncontrolling interest PaymentsToAcquireAdditionalInterestInSubsidiaries $20.50M USD 2 Qtrs
Cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $-290.60M USD 2 Qtrs
Cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $188.40M USD 2 Qtrs
Net effect of changes in foreign currency exchange rates on cash and cash equivalents, and restricted cash EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $9.10M USD 2 Qtrs
Net effect of changes in foreign currency exchange rates on cash and cash equivalents, and restricted cash EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-62.00M USD 2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-23.20M USD 2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $15.20M USD 2 Qtrs
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $970.10M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $913.30M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $936.50M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $954.90M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $970.10M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $913.30M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $936.50M USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $954.90M USD Point-in-time
CASH PAID FOR INCOME TAXES (NET OF REFUNDS OF $23.7 AND $17.3, RESPECTIVELY) IncomeTaxesPaidNet $44.60M USD 2 Qtrs
CASH PAID FOR INCOME TAXES (NET OF REFUNDS OF $23.7 AND $17.3, RESPECTIVELY) IncomeTaxesPaidNet $60.40M USD 2 Qtrs
CASH PAID FOR INTEREST InterestPaid $382.50M USD 2 Qtrs
CASH PAID FOR INTEREST InterestPaid $352.00M USD 2 Qtrs
(Decrease) increase in accounts payable and accrued expenses for purchases of property and equipment and construction activities ChangeInCapitalExpendituresIncurredButNotYetPaid $-44.20M USD 2 Qtrs
(Decrease) increase in accounts payable and accrued expenses for purchases of property and equipment and construction activities ChangeInCapitalExpendituresIncurredButNotYetPaid $8.70M USD 2 Qtrs
Purchases of property and equipment under capital leases CapitalLeaseObligationsIncurred $22.00M USD 2 Qtrs
Purchases of property and equipment under capital leases CapitalLeaseObligationsIncurred $26.50M USD 2 Qtrs
Stockholders Equity 37 line items
Line Item Tag Value Unit Period
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.83B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.98B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.05B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.13B USD Point-in-time
Stock-based compensation related activity StockIssuedDuringPeriodValueShareBasedCompensation $66.40M USD 2 Qtrs
Stock-based compensation related activity StockIssuedDuringPeriodValueShareBasedCompensation $117.20M USD 2 Qtrs
Issuance of common stockstock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $5.30M USD 2 Qtrs
Issuance of common stockstock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $4.60M USD 2 Qtrs
Conversion of preferred stock StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments - USD 2 Qtrs
Conversion of preferred stock StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments - USD 2 Qtrs
Treasury stock activity TreasuryStockValueAcquiredCostMethod $641.40M USD 2 Qtrs
Treasury stock activity TreasuryStockValueAcquiredCostMethod $100.00M USD 2 Qtrs
Changes in fair value of cash flow hedges, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 2 Qtrs
Changes in fair value of cash flow hedges, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-200.00K USD 1 Quarter
Changes in fair value of cash flow hedges, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-300.00K USD 2 Qtrs
Changes in fair value of cash flow hedges, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 1 Quarter
Reclassification of unrealized losses on cash flow hedges to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax - USD 1 Quarter
Reclassification of unrealized losses on cash flow hedges to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $100.00K USD 2 Qtrs
Reclassification of unrealized losses on cash flow hedges to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-100.00K USD 1 Quarter
Reclassification of unrealized losses on cash flow hedges to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-200.00K USD 2 Qtrs
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentNetofTaxLessAmountReclassifiedtoAdditionalPaidinCapital $183.70M USD 2 Qtrs
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionandTranslationAdjustmentNetofTaxLessAmountReclassifiedtoAdditionalPaidinCapital $-635.10M USD 2 Qtrs
Contributions from noncontrolling interest NoncontrollingInterestIncreaseFromBusinessCombination $314.10M USD 2 Qtrs
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $600.00K USD 2 Qtrs
Distributions to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $500.00K USD 2 Qtrs
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions $-28.10M USD 2 Qtrs
Purchase of noncontrolling interest MinorityInterestDecreaseFromRedemptions - USD 2 Qtrs
Common stock distributions declared DividendsCommonStockCash $674.90M USD 2 Qtrs
Common stock distributions declared DividendsCommonStockCash $541.80M USD 2 Qtrs
Preferred stock dividends declared DividendsPreferredStockCash $18.90M USD 2 Qtrs
Preferred stock dividends declared DividendsPreferredStockCash $53.50M USD 2 Qtrs
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $610.00M USD 2 Qtrs
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $687.00M USD 2 Qtrs
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.83B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.98B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.05B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.13B USD Point-in-time
Comprehensive Income 52 line items
Line Item Tag Value Unit Period
Changes in fair value of cash flow hedges, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 2 Qtrs
Changes in fair value of cash flow hedges, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 1 Quarter
Net income ProfitLoss $695.90M USD 2 Qtrs
Net income ProfitLoss $594.70M USD 2 Qtrs
Net income ProfitLoss $388.50M USD 1 Quarter
Net income ProfitLoss $314.40M USD 1 Quarter
Changes in fair value of cash flow hedges, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 2 Qtrs
Changes in fair value of cash flow hedges, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 1 Quarter
Reclassification of unrealized gains on cash flow hedges to net income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax - USD 1 Quarter
Reclassification of unrealized gains on cash flow hedges to net income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax - USD 1 Quarter
Reclassification of unrealized gains on cash flow hedges to net income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax - USD 2 Qtrs
Reclassification of unrealized gains on cash flow hedges to net income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax - USD 2 Qtrs
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-5.40M USD 1 Quarter
Changes in fair value of cash flow hedges, net of tax expense of $0 OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 2 Qtrs
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $2.40M USD 2 Qtrs
Changes in fair value of cash flow hedges, net of tax expense of $0 OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-200.00K USD 1 Quarter
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-1.10M USD 1 Quarter
Changes in fair value of cash flow hedges, net of tax expense of $0 OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-300.00K USD 2 Qtrs
Changes in fair value of cash flow hedges, net of tax expense of $0 OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 1 Quarter
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-3.80M USD 2 Qtrs
Reclassification of unrealized gains on cash flow hedges to net income, net of tax expense of $0 OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax - USD 1 Quarter
Reclassification of unrealized gains on cash flow hedges to net income, net of tax expense of $0 OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $100.00K USD 2 Qtrs
Reclassification of unrealized gains on cash flow hedges to net income, net of tax expense of $0 OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-100.00K USD 1 Quarter
Reclassification of unrealized gains on cash flow hedges to net income, net of tax expense of $0 OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-200.00K USD 2 Qtrs
Adjustment to redeemable noncontrolling interest OtherComprehensiveIncomeLossRedeemableNoncontrollingInterestAdjustmentNetOfTax - USD 1 Quarter
Adjustment to redeemable noncontrolling interest OtherComprehensiveIncomeLossRedeemableNoncontrollingInterestAdjustmentNetOfTax - USD 1 Quarter
Adjustment to redeemable noncontrolling interest OtherComprehensiveIncomeLossRedeemableNoncontrollingInterestAdjustmentNetOfTax - USD 2 Qtrs
Adjustment to redeemable noncontrolling interest OtherComprehensiveIncomeLossRedeemableNoncontrollingInterestAdjustmentNetOfTax $78.80M USD 2 Qtrs
Purchase of noncontrolling interest OtherComprehensiveIncomeLossPurchaseOfNoncontrollingInterestNetOfTax $500.00K USD 1 Quarter
Purchase of noncontrolling interest OtherComprehensiveIncomeLossPurchaseOfNoncontrollingInterestNetOfTax $500.00K USD 2 Qtrs
Purchase of noncontrolling interest OtherComprehensiveIncomeLossPurchaseOfNoncontrollingInterestNetOfTax - USD 2 Qtrs
Purchase of noncontrolling interest OtherComprehensiveIncomeLossPurchaseOfNoncontrollingInterestNetOfTax - USD 1 Quarter
Foreign currency translation adjustments, net of tax (benefit) expense of ($5.4), ($1.1), ($3.8) and $2.4, respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-708.60M USD 2 Qtrs
Foreign currency translation adjustments, net of tax (benefit) expense of ($5.4), ($1.1), ($3.8) and $2.4, respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-766.20M USD 1 Quarter
Foreign currency translation adjustments, net of tax (benefit) expense of ($5.4), ($1.1), ($3.8) and $2.4, respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-54.50M USD 1 Quarter
Foreign currency translation adjustments, net of tax (benefit) expense of ($5.4), ($1.1), ($3.8) and $2.4, respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $239.40M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-765.60M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-629.10M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-54.70M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $239.00M USD 2 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-451.20M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-34.40M USD 2 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $333.80M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $934.90M USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-82.40M USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-94.50M USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $56.10M USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $101.30M USD 2 Qtrs
Comprehensive (loss) income attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $60.10M USD 2 Qtrs
Comprehensive (loss) income attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $277.70M USD 1 Quarter
Comprehensive (loss) income attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $-368.80M USD 1 Quarter
Comprehensive (loss) income attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $833.60M USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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