v3.24.2
BUSINESS SEGMENTS (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]          
Segment revenues $ 2,900.3 $ 2,771.7 $ 5,734.4 $ 5,538.9  
Segment selling, general, administrative and development expense 234.3 244.4 491.3 508.3  
OPERATING INCOME 1,284.3 873.7 2,520.9 1,649.3  
Stock-based compensation expense 46.3 49.4 111.2 114.9  
Other selling, general, administrative and development expense 55.6 54.7 117.7 114.6  
Depreciation, amortization and accretion 561.7 764.6 1,111.1 1,558.7  
Other expense 254.0 460.7 462.5 995.4  
Income from continuing operations before income taxes 1,028.4 474.7 2,059.3 843.1  
Total assets 65,837.8 66,879.0 65,837.8 66,879.0 $ 66,027.6
Impairment charges   37.5   67.3  
Unrealized gains on equity securities 40.7 (1.8) 26.0 (0.6)  
VIL          
Segment Reporting Information [Line Items]          
Debt and equity securities, realized gain 46.4   46.4    
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Mexico Fiber          
Segment Reporting Information [Line Items]          
Loss on sale       78.9  
U.S. & Canada          
Segment Reporting Information [Line Items]          
Segment revenues 1,362.8 1,346.3 2,703.7 2,686.6  
Asia-Pacific          
Segment Reporting Information [Line Items]          
Segment revenues 360.9 261.7 687.5 512.8  
Africa          
Segment Reporting Information [Line Items]          
Segment revenues 293.9 321.2 585.9 638.2  
Europe          
Segment Reporting Information [Line Items]          
Segment revenues 203.2 198.2 407.7 389.9  
Latin America          
Segment Reporting Information [Line Items]          
Segment revenues 448.7 439.4 894.2 903.5  
Data Centers          
Segment Reporting Information [Line Items]          
Segment revenues 230.8 204.9 455.4 407.9  
Operating Segments          
Segment Reporting Information [Line Items]          
Segment revenues 2,900.3 2,771.7 5,734.4 5,538.9  
Segment operating expenses 821.9 827.3 1,610.2 1,633.4  
Segment gross margin 2,078.4 1,944.4 4,124.2 3,905.5  
Segment selling, general, administrative and development expense 132.4 140.3 262.4 278.8  
OPERATING INCOME 1,946.0 1,804.1 3,861.8 3,626.7  
Operating Segments | Property          
Segment Reporting Information [Line Items]          
Segment revenues 2,852.9 2,728.6 5,656.8 5,443.1  
Segment operating expenses 799.9 810.1 1,574.3 1,597.1  
Segment gross margin 2,053.0 1,918.5 4,082.5 3,846.0  
Segment selling, general, administrative and development expense 127.8 135.0 252.9 267.8  
OPERATING INCOME 1,925.2 1,783.5 3,829.6 3,578.2  
Total assets 65,117.8 66,156.1 65,117.8 66,156.1  
Operating Segments | U.S. & Canada          
Segment Reporting Information [Line Items]          
Segment revenues 1,315.4 1,303.2 2,626.1 2,590.8  
Segment operating expenses 220.6 216.9 424.9 422.2  
Segment gross margin 1,094.8 1,086.3 2,201.2 2,168.6  
Segment selling, general, administrative and development expense 40.2 41.7 76.8 82.5  
OPERATING INCOME 1,054.6 1,044.6 2,124.4 2,086.1  
Total assets 26,867.3 26,595.2 26,867.3 26,595.2  
Operating Segments | Asia-Pacific          
Segment Reporting Information [Line Items]          
Segment revenues 360.9 261.7 687.5 512.8  
Segment operating expenses 174.0 179.6 344.7 348.0  
Segment gross margin 186.9 82.1 342.8 164.8  
Segment selling, general, administrative and development expense 16.2 17.4 29.0 26.2  
OPERATING INCOME 170.7 64.7 313.8 138.6  
Total assets 3,702.0 3,941.7 3,702.0 3,941.7  
Operating Segments | Africa          
Segment Reporting Information [Line Items]          
Segment revenues 293.9 321.2 585.9 638.2  
Segment operating expenses 96.4 112.8 189.1 231.3  
Segment gross margin 197.5 208.4 396.8 406.9  
Segment selling, general, administrative and development expense 15.4 18.7 30.3 40.1  
OPERATING INCOME 182.1 189.7 366.5 366.8  
Total assets 4,019.8 4,180.6 4,019.8 4,180.6  
Operating Segments | Europe          
Segment Reporting Information [Line Items]          
Segment revenues 203.2 198.2 407.7 389.9  
Segment operating expenses 73.2 77.3 146.7 150.4  
Segment gross margin 130.0 120.9 261.0 239.5  
Segment selling, general, administrative and development expense 15.4 15.1 31.2 29.7  
OPERATING INCOME 114.6 105.8 229.8 209.8  
Total assets 11,568.2 11,659.8 11,568.2 11,659.8  
Operating Segments | Latin America          
Segment Reporting Information [Line Items]          
Segment revenues 448.7 439.4 894.2 903.5  
Segment operating expenses 136.4 139.8 276.7 277.7  
Segment gross margin 312.3 299.6 617.5 625.8  
Segment selling, general, administrative and development expense 21.7 23.5 49.5 53.2  
OPERATING INCOME 290.6 276.1 568.0 572.6  
Total assets 8,481.1 9,229.1 8,481.1 9,229.1  
Operating Segments | Data Centers          
Segment Reporting Information [Line Items]          
Segment revenues 230.8 204.9 455.4 407.9  
Segment operating expenses 99.3 83.7 192.2 167.5  
Segment gross margin 131.5 121.2 263.2 240.4  
Segment selling, general, administrative and development expense 18.9 18.6 36.1 36.1  
OPERATING INCOME 112.6 102.6 227.1 204.3  
Total assets 10,479.4 10,549.7 10,479.4 10,549.7  
Operating Segments | Services          
Segment Reporting Information [Line Items]          
Segment revenues 47.4 43.1 77.6 95.8  
Segment operating expenses 22.0 17.2 35.9 36.3  
Segment gross margin 25.4 25.9 41.7 59.5  
Segment selling, general, administrative and development expense 4.6 5.3 9.5 11.0  
OPERATING INCOME 20.8 20.6 32.2 48.5  
Total assets 73.8 102.9 73.8 102.9  
Other          
Segment Reporting Information [Line Items]          
Stock-based compensation expense 46.3 49.4 111.2 114.9  
Other selling, general, administrative and development expense 55.6 54.7 117.7 114.6  
Depreciation, amortization and accretion 561.7 764.6 1,111.1 1,558.7  
Other expense 254.0 460.7 462.5 995.4  
Total assets $ 646.2 $ 620.0 $ 646.2 $ 620.0