v3.25.2
Operating Segments Operating Segments Table (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Segment Reporting Information [Line Items]        
Tower Count 40,000   40,000  
Segment Revenues $ 1,060 $ 1,107 $ 2,121 $ 2,221
Employee compensation expense 92 [1] 97 [1] 180 [2] 194 [2]
Other Selling, General and Administrative Expense [3] 34 66 64 109
Asset write-down charges 2 3 4 8
Depreciation, Amortization and Accretion, Net 175 180 352 371
Restructuring Charges 0 19 0 30
Total operating expenses 554 612 1,094 1,207
Operating income (loss) 506 495 1,027 1,014
Interest expense and amortization of deferred financing costs, net (243) (230) (479) (455)
Interest income 4 4 7 8
Other income (expense) 2 1 3 3
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 269 270 558 570
Benefit (provision) for income taxes (4) (5) (9) (11)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 265 265 549 559
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 278 (14) 360 3
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation (252) 0 (1,082) 0
Net income (loss) from discontinued operations, net of tax 26 (14) (722) 3
Net Income (Loss) Attributable to Parent 291 251 (173) 562
Selling, general and administrative 99 136 192 250
Lease expense        
Segment Reporting Information [Line Items]        
Segment cost of operations 185 186 371 372
Employee compensation expense        
Segment Reporting Information [Line Items]        
Operating Costs and Expenses 28 26 52 52
Selling, general and administrative 65 71 128 142
Other        
Segment Reporting Information [Line Items]        
Segment cost of operations [4],[5] $ 66 $ 61 $ 123 $ 123
[1] $28 million and $26 million are included in "Costs of operations" for the three months ended June 30, 2025 and 2024, respectively, and $65 million and $71 million are included in "Selling, general and administrative" for the three months ended June 30, 2025 and 2024, respectively, on the Company's condensed consolidated statement of operations and comprehensive income (loss).
[2] $52 million is included in "Costs of operations" for each of the six months ended June 30, 2025 and 2024, and $128 million and $142 million are included in "Selling, general and administrative" for the six months ended June 30, 2025 and 2024, respectively, on the Company's condensed consolidated statement of operations and comprehensive income (loss).
[3] 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.
[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.
[5] Exclusive of depreciation, amortization and accretion, shown separately.