v3.24.1.u1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES:    
Total operating revenues $ 2,834.1 $ 2,767.2
Costs of operations (exclusive of items shown separately below):    
Property 774.4 787.0
Depreciation, amortization and accretion 549.4 794.1
Selling, general, administrative and development expense 257.0 263.9
Other operating expenses 2.8 127.5
Total operating expenses 1,597.5 1,991.6
OPERATING INCOME 1,236.6 775.6
OTHER INCOME (EXPENSE):    
Interest income 48.0 30.8
Interest expense (366.7) (340.2)
Other income (expense) (including foreign currency gains (losses) of $127.6 and $(84.1), respectively) 113.0 (97.8)
Total other expense (205.7) (407.2)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 1,030.9 368.4
Income tax provision (109.2) (53.4)
NET INCOME 921.7 315.0
Net (income) loss attributable to noncontrolling interests (4.3) 20.8
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC 917.4 335.8
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED $ 917.4 $ 335.8
Earnings Per Share [Abstract]    
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) $ 1.97 $ 0.72
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) $ 1.96 $ 0.72
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in thousands):    
BASIC (in shares) 466,519 465,741
DILUTED (in shares) 467,660 466,810
Property    
REVENUES:    
Total operating revenues $ 2,803.9 $ 2,714.5
Services    
REVENUES:    
Total operating revenues 30.2 52.7
Costs of operations (exclusive of items shown separately below):    
Services $ 13.9 $ 19.1