v3.24.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 2,492.1 $ 1,973.3
Restricted cash 126.5 120.1
Accounts receivable, net 712.3 669.7
Prepaid and other current assets 783.2 946.9
Total current assets 4,114.1 3,710.0
PROPERTY AND EQUIPMENT, net 19,927.7 19,788.8
GOODWILL 12,483.1 12,639.0
OTHER INTANGIBLE ASSETS, net 15,759.1 16,520.7
DEFERRED TAX ASSET 139.2 179.1
DEFERRED RENT ASSET 3,649.5 3,521.8
RIGHT-OF-USE ASSET 9,012.1 8,878.8
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS 753.0 789.4
TOTAL 65,837.8 66,027.6
CURRENT LIABILITIES:    
Accounts payable 206.0 258.7
Accrued expenses 1,166.2 1,280.6
Distributions payable 778.1 906.2
Accrued interest 314.1 387.0
Current portion of operating lease liability 703.4 794.6
Current portion of long-term obligations 3,329.2 3,187.5
Unearned revenue 391.7 434.7
Total current liabilities 6,888.7 7,249.3
LONG-TERM OBLIGATIONS 35,639.2 35,734.0
OPERATING LEASE LIABILITY 7,717.7 7,438.7
ASSET RETIREMENT OBLIGATIONS 2,562.3 2,158.2
DEFERRED TAX LIABILITY 1,399.3 1,361.4
OTHER NON-CURRENT LIABILITIES 1,207.1 1,220.6
Total liabilities 55,414.3 55,162.2
COMMITMENTS AND CONTINGENCIES
EQUITY (shares in thousands):    
Common stock: $0.01 par value; 1,000,000 shares authorized; 478,081 and 477,300 shares issued; and 467,077 and 466,296 shares outstanding, respectively 4.8 4.8
Additional paid-in capital 14,955.0 14,872.9
Distributions in excess of earnings (3,340.8) (3,638.8)
Accumulated other comprehensive loss (6,461.8) (5,739.5)
Treasury stock (11,004 shares at cost) (1,301.2) (1,301.2)
Total American Tower Corporation equity 3,856.0 4,198.2
Noncontrolling interests 6,567.5 6,667.2
Total equity 10,423.5 10,865.4
TOTAL $ 65,837.8 $ 66,027.6