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10-Q Filing

AMERICAN TOWER CORP /MA/ CIK: 1053507 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0001053507-23-000142
Period End Date 20230630
Filing Date 20230727
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance amt-20230630_htm.xml
Balance Sheet 91 line items
Line Item Tag Value Unit Period
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
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 1.00B shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 1.00B shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.03B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 477.14M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 476.62M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.07B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.02B USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $136.40M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $133.70M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 466.13M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 465.62M shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $112.30M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $758.30M USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockCommonShares 11.00M shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $684.00M USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockCommonShares 11.00M shares Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $723.30M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $848.00M USD Point-in-time
Total current assets AssetsCurrent $3.62B USD Point-in-time
Total current assets AssetsCurrent $3.68B USD Point-in-time
PROPERTY AND EQUIPMENT, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $20.00B USD Point-in-time
PROPERTY AND EQUIPMENT, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $19.76B USD Point-in-time
GOODWILL Goodwill $12.96B USD Point-in-time
GOODWILL Goodwill $13.05B USD Point-in-time
OTHER INTANGIBLE ASSETS, net IntangibleAssetsNetExcludingGoodwill $17.29B USD Point-in-time
OTHER INTANGIBLE ASSETS, net IntangibleAssetsNetExcludingGoodwill $17.98B USD Point-in-time
DEFERRED TAX ASSET DeferredIncomeTaxAssetsNet $125.70M USD Point-in-time
DEFERRED TAX ASSET DeferredIncomeTaxAssetsNet $129.20M USD Point-in-time
DEFERRED RENT ASSET DeferredRentReceivablesNetNoncurrent $3.04B USD Point-in-time
DEFERRED RENT ASSET DeferredRentReceivablesNetNoncurrent $3.28B USD Point-in-time
RIGHT-OF-USE ASSET OperatingLeaseRightOfUseAsset $8.98B USD Point-in-time
RIGHT-OF-USE ASSET OperatingLeaseRightOfUseAsset $8.92B USD Point-in-time
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS OtherAssetsNoncurrent $546.70M USD Point-in-time
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS OtherAssetsNoncurrent $710.10M USD Point-in-time
TOTAL Assets $67.19B USD Point-in-time
TOTAL Assets $68.12B USD Point-in-time
TOTAL Assets $66.88B USD Point-in-time
Accounts payable AccountsPayableCurrent $216.20M USD Point-in-time
Accounts payable AccountsPayableCurrent $218.60M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $1.34B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $1.18B USD Point-in-time
Distributions payable DividendsPayableCurrent $745.30M USD Point-in-time
Distributions payable DividendsPayableCurrent $751.10M USD Point-in-time
Accrued interest InterestPayableCurrent $260.80M USD Point-in-time
Accrued interest InterestPayableCurrent $261.00M USD Point-in-time
Current portion of operating lease liability OperatingLeaseLiabilityCurrent $794.50M USD Point-in-time
Current portion of operating lease liability OperatingLeaseLiabilityCurrent $788.90M USD Point-in-time
Current portion of long-term obligations LongTermDebtCurrent $4.51B USD Point-in-time
Current portion of long-term obligations LongTermDebtCurrent $3.21B USD Point-in-time
Unearned revenue ContractWithCustomerLiabilityCurrent $515.70M USD Point-in-time
Unearned revenue ContractWithCustomerLiabilityCurrent $439.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $6.93B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.31B USD Point-in-time
LONG-TERM OBLIGATIONS LongTermDebtAndCapitalLeaseObligations $34.16B USD Point-in-time
LONG-TERM OBLIGATIONS LongTermDebtAndCapitalLeaseObligations $35.59B USD Point-in-time
OPERATING LEASE LIABILITY OperatingLeaseLiabilityNoncurrent $7.59B USD Point-in-time
OPERATING LEASE LIABILITY OperatingLeaseLiabilityNoncurrent $7.59B USD Point-in-time
ASSET RETIREMENT OBLIGATIONS AssetRetirementObligation $2.05B USD Point-in-time
ASSET RETIREMENT OBLIGATIONS AssetRetirementObligation $2.12B USD Point-in-time
DEFERRED TAX LIABILITY DeferredIncomeTaxLiabilitiesNet $1.49B USD Point-in-time
DEFERRED TAX LIABILITY DeferredIncomeTaxLiabilitiesNet $1.49B USD Point-in-time
OTHER NON-CURRENT LIABILITIES OtherLiabilitiesNoncurrent $1.19B USD Point-in-time
OTHER NON-CURRENT LIABILITIES OtherLiabilitiesNoncurrent $1.16B USD Point-in-time
Total liabilities Liabilities $54.87B USD Point-in-time
Total liabilities Liabilities $54.79B USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES CommitmentsAndContingencies - USD Point-in-time
Common stock: $.01 par value; 1,000,000 shares authorized; 477,138 and 476,623 shares issued; and 466,134 and 465,619 shares outstanding, respectively CommonStockValue $4.80M USD Point-in-time
Common stock: $.01 par value; 1,000,000 shares authorized; 477,138 and 476,623 shares issued; and 466,134 and 465,619 shares outstanding, respectively CommonStockValue $4.80M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $14.78B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $14.69B USD Point-in-time
Distributions in excess of earnings RetainedEarningsAccumulatedDeficit $-2.10B USD Point-in-time
Distributions in excess of earnings RetainedEarningsAccumulatedDeficit $-2.76B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.56B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.72B USD Point-in-time
Treasury stock (11,004 shares at cost) TreasuryStockCommonValue $1.30B USD Point-in-time
Treasury stock (11,004 shares at cost) TreasuryStockCommonValue $1.30B USD Point-in-time
Total American Tower Corporation equity StockholdersEquity $5.57B USD Point-in-time
Total American Tower Corporation equity StockholdersEquity $5.17B USD Point-in-time
Noncontrolling interests MinorityInterest $6.84B USD Point-in-time
Noncontrolling interests MinorityInterest $6.84B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.25B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.41B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.01B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.25B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $66.88B USD Point-in-time
TOTAL LiabilitiesAndStockholdersEquity $67.19B USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Foreign currency gains (losses) ForeignCurrencyTransactionGainLossUnrealized $394.70M USD 1 Quarter
Foreign currency gains (losses) ForeignCurrencyTransactionGainLossUnrealized $-191.70M USD 2 Qtrs
Foreign currency gains (losses) ForeignCurrencyTransactionGainLossUnrealized $636.80M USD 2 Qtrs
Foreign currency gains (losses) ForeignCurrencyTransactionGainLossUnrealized $-107.60M USD 1 Quarter
Total operating revenues Revenues $2.67B USD 1 Quarter
Total operating revenues Revenues $5.54B USD 2 Qtrs
Total operating revenues Revenues $2.77B USD 1 Quarter
Total operating revenues Revenues $5.33B USD 2 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $810.10M USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $794.00M USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $1.60B USD 2 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $1.57B USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAndAmortization $764.60M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAndAmortization $1.64B USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAndAmortization $1.56B USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAndAmortization $826.50M USD 1 Quarter
Selling, general, administrative and development expense SellingGeneralAndAdministrativeExpense $508.30M USD 2 Qtrs
Selling, general, administrative and development expense SellingGeneralAndAdministrativeExpense $222.90M USD 1 Quarter
Selling, general, administrative and development expense SellingGeneralAndAdministrativeExpense $516.80M USD 2 Qtrs
Selling, general, administrative and development expense SellingGeneralAndAdministrativeExpense $244.40M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $45.80M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $189.20M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $61.70M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $19.70M USD 1 Quarter
Total operating expenses CostsAndExpenses $3.83B USD 2 Qtrs
Total operating expenses CostsAndExpenses $1.89B USD 1 Quarter
Total operating expenses CostsAndExpenses $1.90B USD 1 Quarter
Total operating expenses CostsAndExpenses $3.89B USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $1.65B USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $873.70M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $1.51B USD 2 Qtrs
OPERATING INCOME OperatingIncomeLoss $782.30M USD 1 Quarter
Interest income InterestIncomeOther $30.60M USD 1 Quarter
Interest income InterestIncomeOther $24.20M USD 2 Qtrs
Interest income InterestIncomeOther $61.40M USD 2 Qtrs
Interest income InterestIncomeOther $14.30M USD 1 Quarter
Interest expense InterestExpense $539.00M USD 2 Qtrs
Interest expense InterestExpense $276.60M USD 1 Quarter
Interest expense InterestExpense $348.10M USD 1 Quarter
Interest expense InterestExpense $688.30M USD 2 Qtrs
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt - USD 2 Qtrs
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt $-300.00K USD 1 Quarter
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt $-300.00K USD 2 Qtrs
Loss on retirement of long-term obligations GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Other (expense) income (including foreign currency (losses) gains of $(107.6), $394.7, $(191.7) and $636.8 respectively) OtherNonoperatingIncomeExpense $630.90M USD 2 Qtrs
Other (expense) income (including foreign currency (losses) gains of $(107.6), $394.7, $(191.7) and $636.8 respectively) OtherNonoperatingIncomeExpense $-81.20M USD 1 Quarter
Other (expense) income (including foreign currency (losses) gains of $(107.6), $394.7, $(191.7) and $636.8 respectively) OtherNonoperatingIncomeExpense $-179.00M USD 2 Qtrs
Other (expense) income (including foreign currency (losses) gains of $(107.6), $394.7, $(191.7) and $636.8 respectively) OtherNonoperatingIncomeExpense $378.30M USD 1 Quarter
Total other (expense) income NonoperatingIncomeExpense $-806.20M USD 2 Qtrs
Total other (expense) income NonoperatingIncomeExpense $116.00M USD 1 Quarter
Total other (expense) income NonoperatingIncomeExpense $116.10M USD 2 Qtrs
Total other (expense) income NonoperatingIncomeExpense $-399.00M USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $474.70M USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.62B USD 2 Qtrs
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $843.10M USD 2 Qtrs
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $898.30M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $66.60M USD 2 Qtrs
Income tax provision IncomeTaxExpenseBenefit $13.20M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $29.90M USD 2 Qtrs
Income tax provision IncomeTaxExpenseBenefit $7.40M USD 1 Quarter
NET INCOME ProfitLoss $776.50M USD 2 Qtrs
NET INCOME ProfitLoss $1.59B USD 2 Qtrs
NET INCOME ProfitLoss $890.90M USD 1 Quarter
NET INCOME ProfitLoss $461.50M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-35.00M USD 2 Qtrs
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-7.30M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-16.30M USD 2 Qtrs
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-14.20M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC NetIncomeLossAvailableToCommonStockholdersBasic $898.20M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC NetIncomeLossAvailableToCommonStockholdersBasic $811.50M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC NetIncomeLossAvailableToCommonStockholdersBasic $475.70M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC NetIncomeLossAvailableToCommonStockholdersBasic $1.61B USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED NetIncomeLossAvailableToCommonStockholdersDiluted $898.20M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED NetIncomeLossAvailableToCommonStockholdersDiluted $475.70M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED NetIncomeLossAvailableToCommonStockholdersDiluted $811.50M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED NetIncomeLossAvailableToCommonStockholdersDiluted $1.61B USD 2 Qtrs
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $1.96 USD 1 Quarter
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $3.52 USD 2 Qtrs
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $1.74 USD 2 Qtrs
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareBasic $1.02 USD 1 Quarter
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $1.74 USD 2 Qtrs
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $1.02 USD 1 Quarter
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $3.51 USD 2 Qtrs
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) EarningsPerShareDiluted $1.95 USD 1 Quarter
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 458.78M shares 1 Quarter
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 457.37M shares 2 Qtrs
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 465.92M shares 2 Qtrs
BASIC (in shares) WeightedAverageNumberOfSharesOutstandingBasic 466.09M shares 1 Quarter
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 466.94M shares 2 Qtrs
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 459.82M shares 1 Quarter
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 466.98M shares 1 Quarter
DILUTED (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 458.56M shares 2 Qtrs
Cash Flow Statement 80 line items
Line Item Tag Value Unit Period
Income tax refunds ProceedsFromIncomeTaxRefunds $4.90M USD 2 Qtrs
Income tax refunds ProceedsFromIncomeTaxRefunds $21.90M USD 2 Qtrs
Net income ProfitLoss $776.50M USD 2 Qtrs
Net income ProfitLoss $1.59B USD 2 Qtrs
Net income ProfitLoss $890.90M USD 1 Quarter
Net income ProfitLoss $461.50M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $1.64B USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $1.56B USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $98.90M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $114.90M USD 2 Qtrs
Loss on early retirement of long-term obligations ExtinguishmentOfDebtGainLossNetOfTax $-300.00K USD 2 Qtrs
Loss on early retirement of long-term obligations ExtinguishmentOfDebtGainLossNetOfTax - USD 2 Qtrs
Other non-cash items reflected in statements of operations OtherNoncashIncomeExpense $-366.00M USD 2 Qtrs
Other non-cash items reflected in statements of operations OtherNoncashIncomeExpense $655.50M USD 2 Qtrs
Increase in net deferred rent balances StraightLineRent $222.70M USD 2 Qtrs
Increase in net deferred rent balances StraightLineRent $232.80M USD 2 Qtrs
Right-of-use asset and Operating lease liability, net IncreaseDecreaseInRightOfUseAssetAndOperatingLeaseLiability $62.70M USD 2 Qtrs
Right-of-use asset and Operating lease liability, net IncreaseDecreaseInRightOfUseAssetAndOperatingLeaseLiability $7.10M USD 2 Qtrs
Changes in unearned revenue IncreaseDecreaseInContractWithCustomerLiability $-495.30M USD 2 Qtrs
Changes in unearned revenue IncreaseDecreaseInContractWithCustomerLiability $46.50M USD 2 Qtrs
Increase in assets IncreaseDecreaseInOperatingAssets $240.30M USD 2 Qtrs
Increase in assets IncreaseDecreaseInOperatingAssets $238.10M USD 2 Qtrs
Decrease in liabilities IncreaseDecreaseInOtherOperatingLiabilities $-49.40M USD 2 Qtrs
Decrease in liabilities IncreaseDecreaseInOtherOperatingLiabilities $-135.00M USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.58B USD 2 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.28B USD 2 Qtrs
Payments for purchase of property and equipment and construction activities PaymentsToAcquirePropertyPlantAndEquipment $882.80M USD 2 Qtrs
Payments for purchase of property and equipment and construction activities PaymentsToAcquirePropertyPlantAndEquipment $756.20M USD 2 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $91.20M USD 2 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $218.30M USD 2 Qtrs
Proceeds from sale of short-term investments and other non-current assets ProceedsFromSaleOfAvailableForSaleSecuritiesAndOtherProductiveAssets $9.20M USD 2 Qtrs
Proceeds from sale of short-term investments and other non-current assets ProceedsFromSaleOfAvailableForSaleSecuritiesAndOtherProductiveAssets $6.90M USD 2 Qtrs
Deposits and other PaymentsForProceedsFromOtherInvestingActivities $-61.80M USD 2 Qtrs
Deposits and other PaymentsForProceedsFromOtherInvestingActivities $-250.60M USD 2 Qtrs
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-903.50M USD 2 Qtrs
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-716.50M USD 2 Qtrs
Proceeds from short-term borrowings, net ProceedsFromShortTermBorrowingsNet - USD 2 Qtrs
Proceeds from short-term borrowings, net ProceedsFromShortTermBorrowingsNet $146.20M USD 2 Qtrs
Borrowings under credit facilities ProceedsFromLinesOfCredit $4.78B USD 2 Qtrs
Borrowings under credit facilities ProceedsFromLinesOfCredit $2.90B USD 2 Qtrs
Proceeds from issuance of senior notes, net ProceedsFromIssuanceOfSeniorLongTermDebt $4.18B USD 2 Qtrs
Proceeds from issuance of senior notes, net ProceedsFromIssuanceOfSeniorLongTermDebt $1.29B USD 2 Qtrs
Proceeds from issuance of securities in securitization transaction ProceedsFromIssuanceOfSecuredDebt $1.30B USD 2 Qtrs
Proceeds from issuance of securities in securitization transaction ProceedsFromIssuanceOfSecuredDebt - USD 2 Qtrs
Repayments of notes payable, credit facilities, senior notes, secured debt, term loans and finance leases RepaymentsOfLongTermDebtAndCapitalSecurities $10.41B USD 2 Qtrs
Repayments of notes payable, credit facilities, senior notes, secured debt, term loans and finance leases RepaymentsOfLongTermDebtAndCapitalSecurities $5.95B USD 2 Qtrs
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders $22.70M USD 2 Qtrs
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders $100.00K USD 2 Qtrs
Contributions from noncontrolling interest holders ProceedsFromMinorityShareholders $48.40M USD 2 Qtrs
Contributions from noncontrolling interest holders ProceedsFromMinorityShareholders $1.90M USD 2 Qtrs
Proceeds from stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $19.80M USD 2 Qtrs
Proceeds from stock options and employee stock purchase plan ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $10.30M USD 2 Qtrs
Distributions paid on common stock PaymentsOfDividendsCommonStock $1.46B USD 2 Qtrs
Distributions paid on common stock PaymentsOfDividendsCommonStock $1.28B USD 2 Qtrs
Proceeds from the issuance of common stock, net ProceedsFromIssuanceOfCommonStock $2.29B USD 2 Qtrs
Proceeds from the issuance of common stock, net ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Deferred financing costs and other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-100.90M USD 2 Qtrs
Deferred financing costs and other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-74.70M USD 2 Qtrs
Cash used for financing activities NetCashProvidedByUsedInFinancingActivities $-1.57B USD 2 Qtrs
Cash used for financing activities NetCashProvidedByUsedInFinancingActivities $-755.40M USD 2 Qtrs
Net effect of changes in foreign currency exchange rates on cash and cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.10M USD 2 Qtrs
Net effect of changes in foreign currency exchange rates on cash and cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-60.20M USD 2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $8.70M USD 2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-140.20M USD 2 Qtrs
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.20B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.34B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.15B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.14B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.20B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.34B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.15B USD Point-in-time
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.14B USD Point-in-time
CASH PAID FOR INCOME TAXES (NET OF REFUNDS OF $21.9 AND $4.9, RESPECTIVELY) IncomeTaxesPaidNet $181.40M USD 2 Qtrs
CASH PAID FOR INCOME TAXES (NET OF REFUNDS OF $21.9 AND $4.9, RESPECTIVELY) IncomeTaxesPaidNet $131.10M USD 2 Qtrs
CASH PAID FOR INTEREST InterestPaidNet $529.90M USD 2 Qtrs
CASH PAID FOR INTEREST InterestPaidNet $681.40M USD 2 Qtrs
Purchases of property and equipment under finance leases and perpetual easements CapitalLeaseObligationsIncurred $16.20M USD 2 Qtrs
Purchases of property and equipment under finance leases and perpetual easements CapitalLeaseObligationsIncurred $10.30M USD 2 Qtrs
Decrease in accounts payable and accrued expenses for purchases of property and equipment and construction activities TransfersToAccountsPayableAndAccruedExpensesCapitalExpenditures $35.40M USD 2 Qtrs
Decrease in accounts payable and accrued expenses for purchases of property and equipment and construction activities TransfersToAccountsPayableAndAccruedExpensesCapitalExpenditures $65.10M USD 2 Qtrs
Stockholders Equity 50 line items
Line Item Tag Value Unit Period
Balance at beginning of period, common stock (shares) CommonStockSharesOutstanding 466.13M shares Point-in-time
Balance at beginning of period, common stock (shares) CommonStockSharesOutstanding 465.62M shares Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.73B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.07B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.25B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.41B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.01B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.25B USD Point-in-time
Balance at beginning of period, treasury stock (shares) TreasuryStockCommonShares 11.00M shares Point-in-time
Balance at beginning of period, treasury stock (shares) TreasuryStockCommonShares 11.00M shares Point-in-time
Stock-based compensation related activity StockIssuedDuringPeriodValueShareBasedCompensation $82.00M USD 2 Qtrs
Stock-based compensation related activity StockIssuedDuringPeriodValueShareBasedCompensation $45.40M USD 1 Quarter
Stock-based compensation related activity StockIssuedDuringPeriodValueShareBasedCompensation $40.80M USD 1 Quarter
Stock-based compensation related activity StockIssuedDuringPeriodValueShareBasedCompensation $66.70M USD 2 Qtrs
Issuance of common stock-stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $8.30M USD 2 Qtrs
Issuance of common stock-stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $8.30M USD 1 Quarter
Issuance of common stock-stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $8.20M USD 1 Quarter
Issuance of common stock-stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $8.20M USD 2 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $2.29B USD 2 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $2.29B USD 1 Quarter
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxLessAmountReclassifiedToAdditionalPaidInCapital $-1.14B USD 1 Quarter
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxLessAmountReclassifiedToAdditionalPaidInCapital $218.50M USD 2 Qtrs
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxLessAmountReclassifiedToAdditionalPaidInCapital $-13.60M USD 1 Quarter
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxLessAmountReclassifiedToAdditionalPaidInCapital $-1.04B USD 2 Qtrs
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $48.40M USD 1 Quarter
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $10.50M USD 1 Quarter
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $48.40M USD 2 Qtrs
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $10.50M USD 2 Qtrs
Distributions to noncontrolling interest holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $300.00K USD 2 Qtrs
Distributions to noncontrolling interest holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $31.60M USD 2 Qtrs
Distributions to noncontrolling interest holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $20.10M USD 1 Quarter
Distributions to noncontrolling interest holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $100.00K USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $735.00M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $668.10M USD 1 Quarter
Common stock distributions declared DividendsCommonStockCash $1.31B USD 2 Qtrs
Common stock distributions declared DividendsCommonStockCash $1.47B USD 2 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $776.50M USD 2 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $461.50M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $1.59B USD 2 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $890.90M USD 1 Quarter
Balance at end of period, common stock (shares) CommonStockSharesOutstanding 466.13M shares Point-in-time
Balance at end of period, common stock (shares) CommonStockSharesOutstanding 465.62M shares Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.73B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.07B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.25B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.41B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.01B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.25B USD Point-in-time
Balance at end of period, treasury stock (shares) TreasuryStockCommonShares 11.00M shares Point-in-time
Balance at end of period, treasury stock (shares) TreasuryStockCommonShares 11.00M shares Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Foreign currency translation adjustments, tax (benefit) expense OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-200.00K USD 1 Quarter
Net income ProfitLoss $776.50M USD 2 Qtrs
Foreign currency translation adjustments, tax (benefit) expense OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $200.00K USD 2 Qtrs
Net income ProfitLoss $1.59B USD 2 Qtrs
Net income ProfitLoss $890.90M USD 1 Quarter
Foreign currency translation adjustments, tax (benefit) expense OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $200.00K USD 1 Quarter
Net income ProfitLoss $461.50M USD 1 Quarter
Foreign currency translation adjustments, tax (benefit) expense OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-200.00K USD 2 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $0.2, $(0.2), $0.2 and $(0.2), respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-13.60M USD 1 Quarter
Foreign currency translation adjustments, net of tax expense (benefit) of $0.2, $(0.2), $0.2 and $(0.2), respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.14B USD 1 Quarter
Foreign currency translation adjustments, net of tax expense (benefit) of $0.2, $(0.2), $0.2 and $(0.2), respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.04B USD 2 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $0.2, $(0.2), $0.2 and $(0.2), respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $218.50M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-13.60M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $218.50M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-1.14B USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-1.04B USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-245.50M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $995.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $447.90M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $551.60M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $25.80M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $-269.00M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $6.70M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $-168.50M USD 1 Quarter
Comprehensive income (loss) attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $441.20M USD 1 Quarter
Comprehensive income (loss) attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $820.60M USD 2 Qtrs
Comprehensive income (loss) attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $969.20M USD 2 Qtrs
Comprehensive income (loss) attributable to American Tower Corporation stockholders ComprehensiveIncomeNetOfTax $-77.00M USD 1 Quarter

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

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