v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 1,871.9 $ 1,474.8
Restricted cash 135.4 130.4
Accounts receivable, net 622.2 650.3
Prepaid and other current assets 520.8 486.3
Total current assets 3,150.3 2,741.8
PROPERTY AND EQUIPMENT, net 20,739.3 20,356.3
GOODWILL 12,128.4 12,255.5
OTHER INTANGIBLE ASSETS, net 13,712.6 14,530.7
DEFERRED TAX ASSET 167.0 151.4
DEFERRED RENT ASSET 3,743.7 3,851.3
RIGHT-OF-USE ASSET 8,360.2 8,426.5
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS 978.8 876.9
TOTAL 62,980.3 63,190.4
CURRENT LIABILITIES:    
Accounts payable 209.9 259.8
Accrued expenses 1,209.5 1,112.5
Distributions payable 839.0 818.6
Accrued interest 261.7 425.2
Current portion of operating lease liability 648.2 584.9
Current portion of long-term obligations 5,363.5 3,387.8
Unearned revenue 402.8 325.0
Total current liabilities 8,934.6 6,913.8
LONG-TERM OBLIGATIONS 32,215.2 33,832.5
OPERATING LEASE LIABILITY 7,067.3 7,158.7
ASSET RETIREMENT OBLIGATIONS 2,522.4 2,512.9
DEFERRED TAX LIABILITY 1,520.1 1,440.3
OTHER NON-CURRENT LIABILITIES 955.1 976.9
Total liabilities 53,214.7 52,835.1
COMMITMENTS AND CONTINGENCIES
EQUITY (shares in thousands):    
Common stock: $0.01 par value; 1,000,000 shares authorized; 480,181 and 479,358 shares issued; and 464,172 and 466,318 shares outstanding, respectively 4.8 4.8
Additional paid-in capital 15,551.8 15,215.3
Distributions in excess of earnings (5,100.0) (5,086.0)
Accumulated other comprehensive loss (4,756.2) (4,815.8)
Treasury stock (16,009 and 13,040 shares at cost, respectively) (2,183.8) (1,665.8)
Total American Tower Corporation equity 3,516.6 3,652.5
Noncontrolling interests 6,249.0 6,702.8
Total equity 9,765.6 10,355.3
TOTAL $ 62,980.3 $ 63,190.4