Crown Castle International Corporation (CCI) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments196277314568179176223
Cash and cash equivalents196277314568179176223
Restricted cash and investments137131121125131147 
Receivables596501398374313329250
Prepaid expense107172162129133155132
Other current assets1681481391302259477
Other undisclosed current assets     30210
Total current assets:1,2041,2291,1341,325981932893
Noncurrent Assets
Property, plant and equipment14,66613,67612,9339,8059,5809,1488,948
Intangible assets, net (including goodwill)10,15010,38510,3576,1095,8729,3298,974
Goodwill10,07810,07810,0215,7585,5145,2104,916
Intangible assets, net (excluding goodwill)723073353513594,1194,058
Deferred rent receivables, net1,4241,3661,3001,3181,3061,2611,079
Other noncurrent assets116920879820875856682
Other undisclosed noncurrent assets10,8975,2095,6263,2993,421(383)19
Total noncurrent assets:37,25331,55631,09621,35021,05520,21219,702
TOTAL ASSETS:38,45732,78532,23022,67522,03621,14320,595
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities503461381286227235145
Accounts payable334313249189160168145
Interest and dividends payable169148132976767 
Deferred revenue657
Debt100107115102106113104
Deferred revenue and credits457353323348260
Other liabilities361351339221200203182
Other undisclosed current liabilities299498    66
Total current liabilities:1,9201,4171,292961855899756
Noncurrent Liabilities
Long-term debt and lease obligation, including:18,02116,57516,04412,06912,14311,80811,491
Operating lease, liability5,511
Other undisclosed long-term debt and lease obligation12,51016,57516,04412,06912,14311,80811,491
Liabilities, other than long-term debt2,5162,7592,5542,0871,9491,7001,552
Deferred tax liabilities, net    4057
Off-market lease, unfavorable      146
Other liabilities2,5162,7592,5542,0871,9491,6601,350
Other undisclosed noncurrent liabilities5,511     (146)
Total noncurrent liabilities:26,04819,33418,59814,15714,09213,50712,897
Total liabilities:27,96820,75119,89015,11814,94714,40613,654
Stockholders' equity
Stockholders' equity attributable to parent10,48912,03412,3397,5577,0896,7166,927
Preferred stock  0 000
Common stock4444333
Additional paid in capital17,85517,76716,84410,9389,5499,5129,483
Accumulated other comprehensive income (loss)(5)(5)(4)(6)(4)16(24)
Accumulated deficit(7,365)(5,732)(4,505)(3,379)(2,458)(2,815)(2,536)
Stockholders' equity attributable to noncontrolling interest     2114
Total stockholders' equity:10,48912,03412,3397,5577,0896,7376,941
TOTAL LIABILITIES AND EQUITY:38,45732,78532,23022,67522,03621,14320,595

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues5,7635,4234,3563,9213,6643,6903,022
Revenue, net4,3563,9213,6643,6903,022
Operating leases, income statement, lease revenue4,716
Cost of revenue(3,340)(3,388)(2,854)(2,555)(2,363)(2,121)(1,600)
Cost of goods and services sold(524)(437)(1,564)(1,441)(1,321)(1,350)(1,047)
Gross profit:2,4232,0351,5011,3661,3001,5691,423
Operating expenses(864)(603)(457)(417)(354)(576)(501)
Operating income:1,5591,4321,044949946994922
Nonoperating income (expense)7621(8)5912(3)
Investment income, nonoperating65191211
Other nonoperating income (expense)112(9)5712(4)
Interest and debt expense(685)(106)(606)(574)(23)(108)(102)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (642)127(508)(510)(525)
Income from continuing operations before income taxes:881690471374474388293
Income tax expense (benefit)2119(26)(17)5111(199)
Income from continuing operations:90270944535752539994
Income from discontinued operations    56  
Income before gain (loss) on sale of properties:90270944535758139994
Other undisclosed net income (loss)(42)(38)  943  
Net income:8606714453571,52439994
Net loss attributable to noncontrolling interest    (3)(8)(4)
Net income attributable to parent:8606714453571,52139190
Preferred stock dividends and other adjustments  (58)(33)(44)(44)(11)
Other undisclosed net loss available to common stockholders, basic(113)(113)     
Net income available to common stockholders, diluted:7475583863241,47734779

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:8606714453571,52439994
Other comprehensive income (loss) (1)2(1)(21)3836
Comprehensive income:8606704463551,503436130
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    (3)(15)6
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    38(8)
Comprehensive income, net of tax, attributable to parent:8606704463551,503430128

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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