v3.26.3
LEASES (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Future Minimum Rental Receipts Expected Under Operating Leases Future minimum rental receipts expected under non-cancellable operating lease agreements as of September 30, 2026 were as follows:
Fiscal Year Amount (1) (2)
Remainder of 2026$2,255.7 
20278,869.3 
20287,482.7 
20296,993.4 
20305,618.6 
Thereafter17,514.3 
Total$48,734.0 
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(1)Balances are translated at the applicable period-end exchange rate, which may impact comparability between periods.    
(2)Balances represent contractual amounts owed with no adjustments made for expected collectibility. As of September 30, 2026, balances exclude contractual amounts owed from one of the Company’s U.S. customers, DISH Wireless L.L.C., a subsidiary of DISH Network Corporation (“DISH”).
Schedule of Information About Other Lease-Related Balances
Information about other lease-related balances is as follows:
As of
September 30, 2026December 31, 2025
Operating leases:
Right-of-use asset$8,360.2 $8,426.5 
Current portion of lease liability$648.2 $584.9 
Lease liability7,067.3 7,158.7 
Total operating lease liability$7,715.5 $7,743.6 
Schedule of Components of Operating Lease Cost
The weighted-average remaining lease terms and incremental borrowing rates are as follows:
As of
September 30, 2026December 31, 2025
Operating leases:
Weighted-average remaining lease term (years)13.613.4
Weighted-average incremental borrowing rate6.8 %6.6 %
The following table sets forth the components of lease cost:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Operating lease cost$297.1 $285.6 $882.4 $841.9 
Variable lease costs not included in lease liability (1)96.2 95.3 276.5 262.4 
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(1)Primarily includes property tax paid on behalf of the landlord.
Supplemental cash flow information is as follows:
Nine Months Ended September 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$(891.0)$(840.3)
Non-cash items:
New operating leases (1)$112.4 $138.5 
Operating lease modifications and reassessments$291.5 $324.8 
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(1)Amount includes new operating leases and leases acquired in connection with acquisitions.
Schedule of Maturity of Operating Lease Liabilities
Maturities of operating lease liabilities as of September 30, 2026 were as follows:
Fiscal YearOperating Lease (1)
Remainder of 2026$288.7 
20271,045.7 
20281,007.2 
2029971.3 
2030925.1 
Thereafter 7,540.5 
Total lease payments11,778.5 
Less amounts representing interest(4,063.0)
Total lease liability7,715.5 
Less current portion of lease liability648.2 
Non-current lease liability$7,067.3 
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(1)Balances are translated at the applicable period-end exchange rate, which may impact comparability between periods.