Crown castle international corp. (CCI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net revenues:
Site Rental

5,093

4,796

3,734

3,233

3,018

2,866

2,371

2,124

1,853

1,700

1,543

1,402

1,286

Services and other

670

574

521

688

645

672

494

308

179

177

142

123

99

Revenues

5,763

5,370

4,255

3,921

3,663

3,538

2,865

2,432

2,032

1,878

1,685

1,526

1,385

Operating expenses:
Direct Costs of Leased and Rented Property or Equipment

1,462

1,410

1,144

1,024

963

906

686

539

481

467

456

456

443

Services and other

524

434

399

417

357

400

304

189

106

114

92

82

65

Selling, General and Administrative Expense

614

563

426

371

310

257

213

212

173

165

153

149

142

Restructuring charges (credits)

-

-

-

-

-

-

-

-

-

-

-

-

3

Asset write-down charges

19

26

17

34

33

14

13

15

22

13

19

16

65

Acquisition and integration costs

13

27

61

17

15

34

25

18

3

2

0

2

25

Depreciation, Amortization and Accretion, Net

1,572

1,527

1,241

1,109

1,036

985

741

622

552

540

529

526

539

Total operating expenses

4,204

3,987

3,288

2,972

2,717

2,598

1,985

1,597

1,340

1,303

1,251

1,233

1,285

Operating income (loss)

1,559

1,383

967

949

946

940

880

834

692

575

433

292

99

Nonoperating Income (Expense) [Abstract]
Interest Expense, Debt

683

642

591

515

527

573

589

601

507

490

445

354

350

Impairment of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

55

75

Gains (losses) on retirement of long-term obligations

-2

-106

-4

-52

-4

-44

-37

-131

0

-138

-91

0

0

Net gain (loss) on interest rate swaps

-

-

-

-

-

-

-

-

-

-286

-92

-37

0

Interest income

6

5

19

1

1

0

0

4

0

2

2

-

-

Other income (expense)

1

1

1

-9

57

11

-3

-5

-5

-0

2

2

9

Income (Loss) Attributable to Parent, before Tax

881

641

392

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-

-

-

374

473

335

251

100

179

-338

-190

-153

-317

Benefit (provision) for income taxes

-21

-19

-26

-17

-51

-11

191

-100

8

-26

-76

-104

-94

Income (Loss) from Continuing Operations

-

-

-

-

525

346

60

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax

-

-

-

-

19

52

33

-

-

-

-

-

-

Net Gain (Loss) from Disposal of Discontinued Operations, Net of Tax

-

-

-

-

979

0

0

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax

-

-

-

-

999

52

33

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

860

622

366

357

1,524

398

93

200

171

-311

-114

-48

-222

Less: Net income (loss) attributable to the noncontrolling interest

-

-

-

-

3

8

3

12

0

-0

0

0

-0

Net income (loss) attributable to CCIC stockholders

-

-

-

-

1,520

390

90

188

171

-310

-114

-48

-222

Dividends/distributions on preferred stock

-113

-113

-58

-33

43

43

11

2

22

20

20

20

-20

Net income (loss) attributable to CCIC common stockholders

747

509

308

324

1,477

346

78

185

148

-331

-135

-69

-243

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

860

622

366

357

1,524

398

93

200

171

-311

-114

-48

-222

Other Comprehensive Income (Loss), Net of Tax [Abstract]
Unrealized gains (losses), net of taxes

-

-

-

-

-

-

-

-

-7

0

6

-55

-76

Amounts reclassified into results of operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-55

57

Net change in fair value of cash flow hedging instruments, net of taxes

-

-

-

-

-

-

-

-

-0

-140

80

-392

-40

Derivative instruments:
Interest rate swaps reclassified into results of operations, net of taxes

-

-

-

-

-18

-63

-82

-48

-71

-56

-154

-6

1

Foreign currency translation adjustments

0

-1

2

-2

-14

-25

-45

6

-0

27

41

-48

19

Amounts reclassified into discontinued operations for foreign currency translation adjustments

-

-

-

-

-25

0

0

-

-

-

-

-

-

Other Comprehensive Income (Loss), Net of Tax

0

-1

2

-2

-21

37

36

54

62

-54

283

-

-

Comprehensive income (loss)

-

-

-

-

-

436

130

255

233

-365

169

-483

-260

Less: Comprehensive income (loss) attributable to the noncontrolling interest

-

-

-

-

-

6

1

11

0

-0

-0

0

1

Comprehensive income (loss) attributable to CCIC stockholders

860

621

368

355

1,503

429

128

243

233

-365

169

-483

-261

Net income (loss) attributable to CCIC common stockholders, per common share:
Earnings Per Share [Abstract]
Basic

1.80

1.23

0.80

0.95

4.44

1.04

0.26

0.64

0.52

-1.16

-0.47

-

-

Diluted

1.79

1.23

0.80

0.95

4.42

1.04

0.26

0.64

0.52

-1.16

-0.47

-

-

Weighted-average common shares outstanding (in millions):
Basic

416

413

382

340

333

332

298

289

283

286

286

-

-

Diluted

418

415

383

341

334

333

299

291

285

286

286

-

-

Common Stock, Dividends, Per Share, Declared

-

-

-

-

3.35

1,870.00

0.00

0.00

-

-

-

-

-

Net income (loss) attributable to CCIC common stockholders, after deduction of dividends on preferred stock, per common share - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-0.25

-0.87

Weighted-average common shares outstanding - basic and diluted (in thousands)

-

-

-

-

-

-

-

-

-

-

-

282

279