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]

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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]

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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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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)

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American Tower Corp (AMT)

Financials