Crown Castle International Corporation (CCI) financial statements (2021 and earlier)

Company profile

Business Address 1220 AUGUSTA DRIVE
HOUSTON, TX 77057
State of Incorp. DE
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments232196277314568179176
Cash and cash equivalents232196277314568179176
Restricted cash and investments144137131121125131147
Receivables431596501398374313329
Prepaid expense95107172162129133155
Other current assets20216814813913022594
Other undisclosed current assets      30
Total current assets:1,1041,2041,2291,1341,325981932
Noncurrent Assets
Property, plant and equipment15,16214,66613,67612,9339,8059,5809,148
Intangible assets, net (including goodwill)10,14610,15010,38510,3576,1095,8729,329
Goodwill10,07810,07810,07810,0215,7585,5145,210
Intangible assets, net (excluding goodwill)68723073353513594,119
Deferred rent receivables, net1,4081,4241,3661,3001,3181,3061,261
Other noncurrent assets119116920879820875856
Other undisclosed noncurrent assets10,82910,8975,2095,6263,2993,421(383)
Total noncurrent assets:37,66437,25331,55631,09621,35021,05520,212
TOTAL ASSETS:38,76838,45732,78532,23022,67522,03621,143
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities429503461381286227235
Accounts payable230334313249189160168
Interest and dividends payable199169148132976767
Deferred revenue704657
Debt129100107115102106113
Deferred revenue and credits457353323348
Other liabilities378361351339221200203
Other undisclosed current liabilities329299498    
Total current liabilities:1,9691,9201,4171,292961855899
Noncurrent Liabilities
Long-term debt and lease obligation, including:19,15118,02116,57516,04412,06912,14311,808
Operating lease, liability5,8085,511
Other undisclosed long-term debt and lease obligation13,34312,51016,57516,04412,06912,14311,808
Liabilities, other than long-term debt2,3792,5162,7592,5542,0871,9491,700
Deferred tax liabilities, net    40
Other liabilities2,3792,5162,7592,5542,0871,9491,660
Other undisclosed noncurrent liabilities5,8085,511     
Total noncurrent liabilities:27,33826,04819,33418,59814,15714,09213,507
Total liabilities:29,30727,96820,75119,89015,11814,94714,406
Stockholders' equity
Stockholders' equity attributable to parent9,46110,48912,03412,3397,5577,0896,716
Preferred stock   0 00
Common stock4444433
Additional paid in capital17,93317,85517,76716,84410,9389,5499,512
Accumulated other comprehensive income (loss)(4)(5)(5)(4)(6)(4)16
Accumulated deficit(8,472)(7,365)(5,732)(4,505)(3,379)(2,458)(2,815)
Stockholders' equity attributable to noncontrolling interest      21
Total stockholders' equity:9,46110,48912,03412,3397,5577,0896,737
TOTAL LIABILITIES AND EQUITY:38,76838,45732,78532,23022,67522,03621,143

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues5,8405,7635,4234,3563,9213,6643,690
Revenue, net4,3563,9213,6643,690
Operating leases, income statement, lease revenue4,716
Cost of revenue(3,587)(3,340)(3,388)(2,854)(2,555)(2,363)(2,121)
Cost of goods and services sold(448)(524)(437)(1,564)(1,441)(1,321)(1,350)
Gross profit:2,2532,4232,0351,5011,3661,3001,569
Operating expenses(752)(864)(603)(457)(417)(354)(576)
Other undisclosed operating income362      
Operating income:1,8631,5591,4321,044949946994
Nonoperating income (expense)(3)7621(8)5912
Investment income, nonoperating26519121
Other nonoperating income (expense)(5)112(9)5712
Interest and debt expense(807)(685)(106)(606)(574)(23)(108)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes23 (642)127(508)(510)
Income from continuing operations before income taxes:1,076881690471374474388
Income tax expense (benefit)202119(26)(17)5111
Income from continuing operations:1,096902709445357525399
Income from discontinued operations     56 
Income before gain (loss) on sale of properties:1,096902709445357581399
Other undisclosed net income (loss)(40)(42)(38)  943 
Net income:1,0568606714453571,524399
Net loss attributable to noncontrolling interest     (3)(8)
Net income attributable to parent:1,0568606714453571,521391
Preferred stock dividends and other adjustments   (58)(33)(44)(44)
Other undisclosed net loss available to common stockholders, basic(57)(113)(113)    
Net income available to common stockholders, diluted:9997475583863241,477347

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,0568606714453571,524399
Other comprehensive income (loss)1 (1)2(1)(21)38
Comprehensive income:1,0578606704463551,503436
Comprehensive loss, net of tax, attributable to noncontrolling interest     (3)(15)
Other undisclosed comprehensive income, net of tax, attributable to parent     38
Comprehensive income, net of tax, attributable to parent:1,0578606704463551,503430

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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