v3.24.1.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 2,389.1 $ 1,973.3
Restricted cash 127.6 120.1
Accounts receivable, net 738.4 669.7
Prepaid and other current assets 984.6 946.9
Total current assets 4,239.7 3,710.0
PROPERTY AND EQUIPMENT, net 20,094.2 19,788.8
GOODWILL 12,556.8 12,639.0
OTHER INTANGIBLE ASSETS, net 16,119.3 16,520.7
DEFERRED TAX ASSET 161.2 179.1
DEFERRED RENT ASSET 3,596.8 3,521.8
RIGHT-OF-USE ASSET 9,199.8 8,878.8
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS 711.2 789.4
TOTAL 66,679.0 66,027.6
CURRENT LIABILITIES:    
Accounts payable 182.1 258.7
Accrued expenses 1,134.1 1,280.6
Distributions payable 776.7 906.2
Accrued interest 309.9 387.0
Current portion of operating lease liability 715.2 794.6
Current portion of long-term obligations 3,067.6 3,187.5
Unearned revenue 544.2 434.7
Total current liabilities 6,729.8 7,249.3
LONG-TERM OBLIGATIONS 36,191.9 35,734.0
OPERATING LEASE LIABILITY 7,866.3 7,438.7
ASSET RETIREMENT OBLIGATIONS 2,607.1 2,158.2
DEFERRED TAX LIABILITY 1,394.4 1,361.4
OTHER NON-CURRENT LIABILITIES 1,227.8 1,220.6
Total liabilities 56,017.3 55,162.2
COMMITMENTS AND CONTINGENCIES
EQUITY (shares in thousands):    
Common stock: $0.01 par value; 1,000,000 shares authorized; 477,968 and 477,300 shares issued; and 466,964 and 466,296 shares outstanding, respectively 4.8 4.8
Additional paid-in capital 14,903.4 14,872.9
Distributions in excess of earnings (3,481.2) (3,638.8)
Accumulated other comprehensive loss (6,078.0) (5,739.5)
Treasury stock (11,004 shares at cost) (1,301.2) (1,301.2)
Total American Tower Corporation equity 4,047.8 4,198.2
Noncontrolling interests 6,613.9 6,667.2
Total equity 10,661.7 10,865.4
TOTAL $ 66,679.0 $ 66,027.6