v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 1,762.5 $ 1,474.8
Restricted cash 130.1 130.4
Accounts receivable, net 650.9 650.3
Prepaid and other current assets 578.9 486.3
Total current assets 3,122.4 2,741.8
PROPERTY AND EQUIPMENT, net 20,573.0 20,356.3
GOODWILL 12,181.5 12,255.5
OTHER INTANGIBLE ASSETS, net 13,980.6 14,530.7
DEFERRED TAX ASSET 175.1 151.4
DEFERRED RENT ASSET 3,772.9 3,851.3
RIGHT-OF-USE ASSET 8,466.2 8,426.5
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS 1,028.4 876.9
TOTAL 63,300.1 63,190.4
CURRENT LIABILITIES:    
Accounts payable 202.8 259.8
Accrued expenses 1,116.9 1,112.5
Distributions payable 852.7 818.6
Accrued interest 330.5 425.2
Current portion of operating lease liability 644.1 584.9
Current portion of long-term obligations 5,226.5 3,387.8
Unearned revenue 497.0 325.0
Total current liabilities 8,870.5 6,913.8
LONG-TERM OBLIGATIONS 31,963.1 33,832.5
OPERATING LEASE LIABILITY 7,146.2 7,158.7
ASSET RETIREMENT OBLIGATIONS 2,527.0 2,512.9
DEFERRED TAX LIABILITY 1,573.6 1,440.3
OTHER NON-CURRENT LIABILITIES 967.2 976.9
Total liabilities 53,047.6 52,835.1
COMMITMENTS AND CONTINGENCIES
EQUITY (shares in thousands):    
Common stock: $0.01 par value; 1,000,000 shares authorized; 480,163 and 479,358 shares issued; and 465,959 and 466,318 shares outstanding, respectively 4.8 4.8
Additional paid-in capital 15,276.9 15,215.3
Distributions in excess of earnings (5,032.3) (5,086.0)
Accumulated other comprehensive loss (4,661.0) (4,815.8)
Treasury stock (14,204 and 13,040 shares at cost, respectively) (1,868.7) (1,665.8)
Total American Tower Corporation equity 3,719.7 3,652.5
Noncontrolling interests 6,532.8 6,702.8
Total equity 10,252.5 10,355.3
TOTAL $ 63,300.1 $ 63,190.4