Property Revenues (USD, millions)

Services Revenues (USD, millions)

Total Operating Revenues (USD, millions)

Property Costs of Operations (USD, millions)

Services Costs of Operations (USD, millions)

Depreciation, Amortization and Accretion (USD, millions)

Selling, General, Administrative and Development Expense (USD, millions)

Other Operating Expense (USD, millions)

Total Operating Expenses (USD, millions)

Operating Income (USD, millions)

Interest Income (USD, millions)

Interest Expense (USD, millions)

Loss on Retirement of Long-Term Obligations (USD, millions)

Other (Expense) Income (USD, millions)

Total Other Expense (USD, millions)

Income from Continuing Operations Before Income Taxes (USD, millions)

Income Tax Provision (USD, millions)

Net Income from Continuing Operations (USD, millions)

Net (Loss) Income (USD, millions)

Net (Income) Loss Attributable to Noncontrolling Interests (USD, millions)

Net (Loss) Income Attributable to American Tower Corporation Common Stockholders (USD, millions)

Net Income from Continuing Operations Attributable to American Tower Corporation Common Stockholders (USD, millions)

Basic Net Income from Continuing Operations Attributable to American Tower Corporation Common Stockholders (USD per share)

Basic Net (Loss) Income Attributable to American Tower Corporation Common Stockholders (USD per share)

Diluted Net Income from Continuing Operations Attributable to American Tower Corporation Common Stockholders (USD per share)

Diluted Net (Loss) Income Attributable to American Tower Corporation Common Stockholders (USD per share)

Weighted Average Common Shares Outstanding - BASIC (in thousands)

Weighted Average Common Shares Outstanding - DILUTED (in thousands)

88d0dde3037b0b9a3f7b8ee9de376e785a9d526c8fec503f031ff018b0f664d0

771d71986b93e72484bf55e4de262b6199d93036f9ab5c055db1ff9a90ca0fda

The significant jump in **Cash and cash equivalents** in Q2 2024 was driven primarily by an **increase in cash provided by operating activities**—with operating cash rising from **$2,279.9 million to $2,622.1 million**—and a **decrease in cash used for investing activities** (from **$716.5 million to $525.3 million**). In addition, **financing activities** saw a slight reduction in cash usage, and the company benefited from **proceeds of $345 million from the pending sale of ATC India**. These factors, despite a **negative $153.5 million impact from foreign currency exchange rates**, collectively helped boost the cash balance in Q2 2024.  **[0001053507-24-000103_pressreleaseq22024.htm:16]** **[0001053507-24-000105_amt-20240630.htm:63]** **[AMT_3394990_5]** **[0001053507-24-000105_amt-20240630.htm:64]** 

What drove the significant jump in Cash and cash equivalents in Q2 2024?

American Tower’s **total assets** dropped sharply in Q3 2024 primarily due to the **disposal of its Indian operations (ATC TIPL)**, which resulted in the removal of non-current assets valued at **$2,820.9 million** from the balance sheet. In addition, there were slight decreases in both **goodwill** and **other intangible assets**, which also contributed to the decline in total assets.  **[0001053507-24-000128_pressreleaseq32024.htm:20]** **[0001053507-24-000130_amt-20240930.htm:2]** **[0001053507-24-000128_pressreleaseq32024.htm:0]** 

Why did Total Assets drop sharply in Q3 2024?

The rise in the current portion of long-term obligations in Q3 2024 is attributed to the reclassification of upcoming maturities of several senior unsecured notes now due in 2025. These include amounts such as **$650.0 million** due January 15, **$750.0 million** due March 15, approximately **$556.0 million** due April 4, **$750.0 million** due June 1, **$500.0 million** due September 15, and **$525.0 million** due June 16—all of which have shifted from long-term to current liabilities as their maturity dates approach.  **[0001053507-24-000128_pressreleaseq32024.htm:20]** 

What factors contributed to the rise in the current portion of long-term obligations in Q3 2024?

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768e047821101742c5abfd5301019f98005e2e5fc49226f913ebf875d81ef234

Adjustments for Non-Cash Items [USD, Millions]

Stock-Based Compensation [USD, Millions]

Changes in Working Capital [USD, Millions]

Capital Expenditures (CapEx) [USD, Millions]

Proceeds from / Repayments of Debt [USD, Millions]

Share Repurchases [USD, Millions]

Dividend Payments [USD, Millions]

Net Change in Cash [USD, Millions]

975942bcedc223fefbbe4a074c75c7fbf754a47e20f3ecc94d7854ffa11bc13a

Total Revenue [USD, Millions]

Cost of Goods Sold (COGS) [USD, Millions]

SG&A [USD, Millions]

R&D [USD, Millions]

D&A [USD, Millions]

Interest Expense [USD, Millions]

Operating Income (EBIT) [USD, Millions]

Net Income [USD, Millions]

EPS - Basic [USD]

EPS - Diluted [USD]

488cb3be0b3b2a59e3155f29832681287b36a95025694791989c356181ae1ac1

dc61b233b2ca2b3787f993039e52b75c5b6e7f32ed360e060e3be10855ff1c57

f067f9259109aa383b032cfd43e0856b19371fef853c2d7dc7ed2424df2751e6

b15c46d3d45134540d693c85c821b6718c71cfec82397f33925e99819b5fa653

a249ef0a0ad2caba7440bd6492c1d37bbb5e59e6c4e927fe9f7b1a775514832c

AMERICAN TOWER CORP /MA/ (AMT)

Financials