v3.25.1
Operating Segments Operating Segments Table (Details)
$ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
Mar. 31, 2024
USD ($)
Segment Reporting Information [Line Items]    
Tower Count 40,000  
Segment Revenues $ 1,061 $ 1,114
Employee compensation expense [1] 88 96
Other Selling, General and Administrative Expense [2] 30 43
Asset write-down charges 2 6
Depreciation, Amortization and Accretion, Net 177 191
Restructuring Charges 0 11
Total operating expenses 540 594
Operating income (loss) 521 520
Interest expense and amortization of deferred financing costs, net (236) (226)
Interest income 3 4
Other income (expense) 1 2
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 289 300
Benefit (provision) for income taxes (5) (6)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 284 294
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 82 17
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax (830) 0
Net income (loss) from discontinued operations, net of tax (748) 17
Net Income (Loss) Attributable to Parent (464) 311
Selling, general and administrative 93 114
Lease expense    
Segment Reporting Information [Line Items]    
Segment cost of operations 186 185
Employee compensation expense    
Segment Reporting Information [Line Items]    
Operating Costs and Expenses 24 26
Selling, general and administrative 63 72
Other    
Segment Reporting Information [Line Items]    
Segment cost of operations [3],[4] $ 57 $ 62
[1] $24 million and $26 million is included in "Costs of operations" for the three months ended March 31, 2025 and 2024, respectively, and $63 million and $72 million is included in "Selling, general and administrative" for the three months ended March 31, 2025 and 2024, respectively, on the Company's condensed consolidated statement of operations and comprehensive income (loss).
[2] Other selling, general and administrative expenses primarily include (1) corporate facilities expense, (2) legal expenses and consulting fees, (3) subscriptions and software costs and (4) other general corporate costs.
[3] Exclusive of depreciation, amortization and accretion, shown separately.
[4] Other costs of operations primarily consists of (1) property taxes, (2) repair and maintenance expense, (3) third-party costs related to ancillary services performed and (4) various other insignificant expenses.