XML 58 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Restatement of Previously Issued Consolidated Financial Statements (Tables)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Balance Sheet [Table Text Block]    
 
March 31, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,883

 
$

 
$
(23
)
 
$
13,860

Total assets
37,778

 

 
(23
)
 
37,755

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
502

 
96

 

 
598

Total current liabilities
1,565

 
96

 

 
1,661

Other long-term liabilities(a)
2,009

 
360

 

 
2,369

Total liabilities
26,032

 
456

 

 
26,488

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(6,022
)
 
(456
)
 
(23
)
 
(6,501
)
Total equity
11,746

 
(456
)
 
(23
)
 
11,267

Total liabilities and equity
$
37,778

 
$

 
$
(23
)
 
$
37,755

 
September 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,433

 
$

 
$
(23
)
 
$
13,410

Total assets
32,644

 

 
(23
)
 
32,621

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
484

 
84

 

 
568

Total current liabilities
1,304

 
84

 

 
1,388

Other long-term liabilities(a)
2,732

 
342

 

 
3,074

Total liabilities
20,349

 
426

 

 
20,775

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(5,447
)
 
(426
)
 
(23
)
 
(5,896
)
Total equity
12,295

 
(426
)
 
(23
)
 
11,846

Total liabilities and equity
$
32,644

 
$

 
$
(23
)
 
$
32,621


     
 
March 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,051

 
$

 
$
(23
)
 
$
13,028

Total assets
32,250

 

 
(23
)
 
32,227

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
465

 
74

 

 
539

Total current liabilities
1,187

 
74

 

 
1,261

Other long-term liabilities(a)
2,615

 
331

 

 
2,946

Total liabilities
19,418

 
405

 

 
19,823

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(4,858
)
 
(405
)
 
(23
)
 
(5,286
)
Total equity
12,832

 
(405
)
 
(23
)
 
12,404

Total liabilities and equity
$
32,250

 
$

 
$
(23
)
 
$
32,227


    
(a)
See "Recently Adopted Accounting Pronouncements" in note 3 for a discussion of the recently adopted new lease standard.
 
June 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
14,151

 
$

 
$
(23
)
 
$
14,128

Total assets
38,147

 

 
(23
)
 
38,124

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
503

 
104

 

 
607

Total current liabilities
1,698

 
104

 

 
1,802

Other long-term liabilities(a)
2,028

 
383

 

 
2,411

Total liabilities
26,624

 
487

 

 
27,111

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(6,277
)
 
(487
)
 
(23
)
 
(6,787
)
Total equity
11,523

 
(487
)
 
(23
)
 
11,013

Total liabilities and equity
$
38,147

 
$

 
$
(23
)
 
$
38,124


    
(a)
See "Recently Adopted Accounting Pronouncements" in note 3 for a discussion of the recently adopted new lease standard.

 
June 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,218

 
$

 
$
(23
)
 
$
13,195

Total assets
32,374

 

 
(23
)
 
32,351

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
476

 
78

 

 
554

Total current liabilities
1,286

 
78

 

 
1,364

Other long-term liabilities(a)
2,678

 
336

 

 
3,014

Total liabilities
19,808

 
414

 

 
20,222

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(5,144
)
 
(414
)
 
(23
)
 
(5,581
)
Total equity
12,566

 
(414
)
 
(23
)
 
12,129

Total liabilities and equity
$
32,374

 
$

 
$
(23
)
 
$
32,351

 
March 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,051

 
$

 
$
(23
)
 
$
13,028

Total assets
32,250

 

 
(23
)
 
32,227

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
465

 
74

 

 
539

Total current liabilities
1,187

 
74

 

 
1,261

Other long-term liabilities(a)
2,615

 
331

 

 
2,946

Total liabilities
19,418

 
405

 

 
19,823

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(4,858
)
 
(405
)
 
(23
)
 
(5,286
)
Total equity
12,832

 
(405
)
 
(23
)
 
12,404

Total liabilities and equity
$
32,250

 
$

 
$
(23
)
 
$
32,227


The following tables illustrate the Historical Adjustments, where applicable, on the Company’s condensed consolidated balance sheet for each period presented. Only line items impacted by the Historical Adjustments are presented, and as such, components will not sum to totals.

 
September 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
14,416

 
$

 
$
(23
)
 
$
14,393

Total assets
38,344

 

 
(23
)
 
38,321

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
525

 
113

 

 
638

Total current liabilities
1,734

 
113

 

 
1,847

Other long-term liabilities(a)
2,055

 
403

 

 
2,458

Total liabilities
27,019

 
516

 

 
27,535

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(6,503
)
 
(516
)
 
(23
)
 
(7,042
)
Total equity
11,325

 
(516
)
 
(23
)
 
10,786

Total liabilities and equity
$
38,344

 
$

 
$
(23
)
 
$
38,321

 
June 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
14,151

 
$

 
$
(23
)
 
$
14,128

Total assets
38,147

 

 
(23
)
 
38,124

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
503

 
104

 

 
607

Total current liabilities
1,698

 
104

 

 
1,802

Other long-term liabilities(a)
2,028

 
383

 

 
2,411

Total liabilities
26,624

 
487

 

 
27,111

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(6,277
)
 
(487
)
 
(23
)
 
(6,787
)
Total equity
11,523

 
(487
)
 
(23
)
 
11,013

Total liabilities and equity
$
38,147

 
$

 
$
(23
)
 
$
38,124


 
September 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,433

 
$

 
$
(23
)
 
$
13,410

Total assets
32,644

 

 
(23
)
 
32,621

LIABILITIES AND EQUITY
 
 
 
 
 
 


Current liabilities:
 
 
 
 
 
 


Deferred revenues
484

 
84

 

 
568

Total current liabilities
1,304

 
84

 

 
1,388

Other long-term liabilities(a)
2,732

 
342

 

 
3,074

Total liabilities
20,349

 
426

 

 
20,775

CCIC stockholders' equity:
 
 
 
 
 
 


Dividends/distributions in excess of earnings
(5,447
)
 
(426
)
 
(23
)
 
(5,896
)
Total equity
12,295

 
(426
)
 
(23
)
 
11,846

Total liabilities and equity
$
32,644

 
$

 
$
(23
)
 
$
32,621


    
 
September 30, 2019
 
June 30, 2019
 
March 31, 2019
 
(As Restated)
ASSETS
 
 
 
 
 
Current assets:
 
 
 
 
 
Cash and cash equivalents
$
182

 
$
288

 
$
245

Restricted cash
138

 
136

 
158

Receivables, net
667

 
591

 
545

Prepaid expenses(a)
99

 
111

 
85

Other current assets
167

 
168

 
160

Total current assets
1,253

 
1,294

 
1,193

Deferred site rental receivables
1,413

 
1,391

 
1,373

Property and equipment, net
14,393

 
14,128

 
13,860

Operating lease right-of-use assets(a)
6,112

 
6,053

 
5,969

Goodwill
10,078

 
10,078

 
10,078

Other intangible assets, net(a)
4,968

 
5,074

 
5,178

Long-term prepaid rent and other assets, net(a)
104

 
106

 
104

Total assets
$
38,321

 
$
38,124

 
$
37,755

LIABILITIES AND EQUITY
 
 
 
 
 
Current liabilities:
 
 
 
 
 
Accounts payable
$
368

 
$
337

 
$
311

Accrued interest
110

 
166

 
107

Deferred revenues
638

 
607

 
598

Other accrued liabilities(a)
335

 
305

 
262

Current maturities of debt and other obligations
100

 
98

 
96

Current portion of operating lease liabilities(a)
296

 
289

 
287

Total current liabilities
1,847

 
1,802

 
1,661

Debt and other long-term obligations
17,750

 
17,471

 
17,120

Operating lease liabilities(a)
5,480

 
5,427

 
5,338

Other long-term liabilities(a)
2,458

 
2,411

 
2,369

Total liabilities
27,535

 
27,111

 
26,488

Commitments and contingencies (see note 14)
 
 
 
 
 
CCIC stockholders' equity:
 
 
 
 
 
Common stock, $0.01 par value
4

 
4

 
4

6.875% Mandatory Convertible Preferred Stock, Series A, $0.01 par value

 

 

Additional paid-in capital
17,829

 
17,801

 
17,769

Accumulated other comprehensive income (loss)
(5
)
 
(5
)
 
(5
)
Dividends/distributions in excess of earnings
(7,042
)
 
(6,787
)
 
(6,501
)
Total equity
10,786

 
11,013

 
11,267

Total liabilities and equity
$
38,321

 
$
38,124

 
$
37,755

    
(a)
See "Recently Adopted Accounting Pronouncements" in note 3 for a discussion of the recently adopted new lease standard.

Consolidated Balance Sheet
 
December 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
ASSETS
 

 
 
 
 
 
 

Property and equipment, net
$
13,676

 
$

 
$
(23
)
 
$
13,653

Total assets
32,785

 

 
(23
)
 
32,762

LIABILITIES AND EQUITY
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
Deferred revenues
498

 
89

 

 
587

Total current liabilities
1,417

 
89

 

 
1,506

Other long-term liabilities(a)
2,759

 
351

 

 
3,110

Total liabilities
20,751

 
440

 

 
21,191

CCIC stockholders' equity:
 
 
 
 
 
 
 
Dividends/distributions in excess of earnings
(5,732
)
 
(440
)
 
(23
)
 
(6,195
)
Total equity
12,034

 
(440
)
 
(23
)
 
11,571

Total liabilities and equity
$
32,785

 
$

 
$
(23
)
 
$
32,762

    
(a)
See "Recently Adopted Accounting Pronouncements" in note 3 for a discussion of the recently adopted new lease standard.

 
September 30, 2018
 
June 30, 2018
 
March 31, 2018
 
(As Restated)
ASSETS
 
 
 
 
 
Current assets:
 
 
 
 
 
Cash and cash equivalents
$
323

 
$
206

 
$
220

Restricted cash
125

 
125

 
120

Receivables, net
471

 
455

 
402

Prepaid expenses(a)
182

 
197

 
175

Other current assets
148

 
181

 
157

Total current assets
1,249

 
1,164

 
1,074

Deferred site rental receivables
1,357

 
1,303

 
1,304

Property and equipment, net
13,410

 
13,195

 
13,028

Goodwill
10,074

 
10,075

 
10,075

Other intangible assets, net(a)
5,620

 
5,729

 
5,854

Long-term prepaid rent and other assets, net(a)
911

 
885

 
892

Total assets
$
32,621

 
$
32,351

 
$
32,227

LIABILITIES AND EQUITY
 
 
 
 
 
Current liabilities:
 
 
 
 
 
Accounts payable
$
302

 
$
272

 
$
248

Accrued interest
101

 
154

 
104

Deferred revenues
568

 
554

 
539

Other accrued liabilities(a)
306

 
272

 
240

Current maturities of debt and other obligations
111

 
112

 
130

Total current liabilities
1,388

 
1,364

 
1,261

Debt and other long-term obligations
16,313

 
15,844

 
15,616

Other long-term liabilities(a)
3,074

 
3,014

 
2,946

Total liabilities
20,775

 
20,222

 
19,823

Commitments and contingencies (see note 14)
 
 
 
 
 
CCIC stockholders' equity:
 
 
 
 
 
Common stock, $0.01 par value
4

 
4

 
4

6.875% Mandatory Convertible Preferred Stock, Series A, $0.01 par value

 

 

Additional paid-in capital
17,743

 
17,711

 
17,690

Accumulated other comprehensive income (loss)
(5
)
 
(5
)
 
(4
)
Dividends/distributions in excess of earnings
(5,896
)
 
(5,581
)
 
(5,286
)
Total equity
11,846

 
12,129

 
12,404

Total liabilities and equity
$
32,621

 
$
32,351

 
$
32,227

    
(a)
See "Recently Adopted Accounting Pronouncements" in note 3 for a discussion of the recently adopted new lease standard.

 
Condensed Income Statement [Table Text Block]
 
Three Months Ended September 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 
 
 

Site rental
$
1,260

 
$
27

 
$

 
$
1,287

Services and other
254

 
(57
)
 
(2
)
 
195

Net revenues
1,514

 
(30
)
 
(2
)
 
1,482

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 
 
Services and other
147

 

 
(1
)
 
146

Depreciation, amortization and accretion
389

 

 
(1
)
 
388

Total operating expenses
1,061

 

 
(2
)
 
1,059

Operating income (loss)
453

 
(30
)
 

 
423

Income (loss) before income taxes
277

 
(30
)
 

 
247

Net income (loss) attributable to CCIC stockholders
272

 
(30
)
 

 
242

Net income (loss) attributable to CCIC common stockholders
$
244

 
$
(30
)
 
$

 
$
214

Net income (loss)
$
272

 
$
(30
)
 
$

 
$
242

Comprehensive income (loss) attributable to CCIC stockholders
$
272

 
$
(30
)
 
$

 
$
242

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.59

 
$
(0.08
)
 
$

 
$
0.51

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.58

 
$
(0.07
)
 
$

 
$
0.51

 
Six Months Ended June 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
2,457

 
$
48

 
$

 
$
2,505

Services and other
447

 
(95
)
 
(2
)
 
350

Net revenues
2,904

 
(47
)
 
(2
)
 
2,855

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
263

 

 
(2
)
 
261

Total operating expenses
2,101

 

 
(2
)
 
2,099

Operating income (loss)
803

 
(47
)
 

 
756

Income (loss) before income taxes
466

 
(47
)
 

 
419

Net income (loss) attributable to CCIC stockholders
456

 
(47
)
 

 
409

Net income (loss) attributable to CCIC common stockholders
$
399

 
$
(47
)
 
$

 
$
352

Net income (loss)
$
456

 
$
(47
)
 
$

 
$
409

Comprehensive income (loss) attributable to CCIC stockholders
$
456

 
$
(47
)
 
$

 
$
409

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.96

 
$
(0.11
)
 
$

 
$
0.85

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.95

 
$
(0.11
)
 
$

 
$
0.84


 
Three Months Ended June 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
1,238

 
$
25

 
$

 
$
1,263

Services and other
240

 
(55
)
 
(1
)
 
184

Net revenues
1,478

 
(30
)
 
(1
)
 
1,447

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
138

 

 
(1
)
 
137

Total operating expenses
1,059

 

 
(1
)
 
1,058

Operating income (loss)
419

 
(30
)
 

 
389

Income (loss) before income taxes
250

 
(30
)
 

 
220

Net income (loss) attributable to CCIC stockholders
246

 
(30
)
 

 
216

Net income (loss) attributable to CCIC common stockholders
$
218

 
$
(30
)
 
$

 
$
188

Net income (loss)
$
246

 
$
(30
)
 
$

 
$
216

Comprehensive income (loss) attributable to CCIC stockholders
$
246

 
$
(30
)
 
$

 
$
216

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.52

 
$
(0.07
)
 
$

 
$
0.45

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.52

 
$
(0.07
)
 
$

 
$
0.45


 
Three Months Ended March 31, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
1,219

 
$
23

 
$

 
$
1,242

Services and other
207

 
(40
)
 
(1
)
 
166

Net revenues
1,426

 
(17
)
 
(1
)
 
1,408

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
125

 

 
(1
)
 
124

Total operating expenses
1,042

 

 
(1
)
 
1,041

Operating income (loss)
384

 
(17
)
 

 
367

Income (loss) before income taxes
216

 
(17
)
 

 
199

Net income (loss) attributable to CCIC stockholders
210

 
(17
)
 

 
193

Net income (loss) attributable to CCIC common stockholders
$
182

 
$
(17
)
 
$

 
$
165

Net income (loss)
$
210

 
$
(17
)
 
$

 
$
193

Comprehensive income (loss) attributable to CCIC stockholders
$
210

 
$
(17
)
 
$

 
$
193

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.44

 
$
(0.04
)
 
$

 
$
0.40

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.44

 
$
(0.04
)
 
$

 
$
0.40


 
Three Months Ended December 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 
 
 
 
 
 
 
Site rental
$
1,209

 
$
22

 
$

 
$
1,231

Services and other
210

 
(35
)
 

 
175

Net revenues
1,419

 
(13
)
 

 
1,406

Operating expenses:
 
 
 
 
 
 


Depreciation, amortization and accretion
390

 

 
(1
)
 
389

Total operating expenses
1,040

 

 
(1
)
 
1,039

Operating income (loss)
379

 
(13
)
 
1

 
367

Income (loss) before income taxes
218

 
(13
)
 
1

 
206

Net income (loss) attributable to CCIC stockholders
213

 
(13
)
 
1

 
201

Net income (loss) attributable to CCIC common stockholders
$
185

 
$
(13
)
 
$
1

 
$
173

Net income (loss)
$
213

 
$
(13
)
 
$
1

 
$
201

Comprehensive income (loss) attributable to CCIC stockholders
$
213

 
$
(13
)
 
$
1

 
$
201

Net income (loss) attributable to CCIC common stockholders, per common share:
 
 
 
 
 
 


Net income (loss) attributable to CCIC common stockholders - basic
$
0.45

 
$
(0.03
)
 
$

 
$
0.42

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.44

 
$
(0.02
)
 
$

 
$
0.42

 
Nine Months Ended September 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 
 
 

Site rental
$
3,507

 
$
58

 
$

 
$
3,565

Services and other
497

 
(93
)
 
(5
)
 
399

Net revenues
4,004

 
(35
)
 
(5
)
 
3,964

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
304

 

 
(3
)
 
301

Total operating expenses
2,953

 

 
(3
)
 
2,950

Operating income (loss)
1,051

 
(35
)
 
(2
)
 
1,014

Income (loss) before income taxes
471

 
(35
)
 
(2
)
 
434

Net income (loss) attributable to CCIC stockholders
458

 
(35
)
 
(2
)
 
421

Net income (loss) attributable to CCIC common stockholders
$
373

 
$
(35
)
 
$
(2
)
 
$
336

Net income (loss)
$
458

 
$
(35
)
 
$
(2
)
 
$
421

Comprehensive income (loss) attributable to CCIC stockholders
$
457

 
$
(35
)
 
$
(2
)
 
$
420

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.90

 
$
(0.09
)
 
$

 
$
0.81

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.90

 
$
(0.09
)
 
$

 
$
0.81


 
Three Months Ended September 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
1,184

 
$
21

 
$

 
$
1,205

Services and other
191

 
(33
)
 
(2
)
 
156

Net revenues
1,375

 
(12
)
 
(2
)
 
1,361

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
119

 

 
(1
)
 
118

Total operating expenses
1,016

 

 
(1
)
 
1,015

Operating income (loss)
359

 
(12
)
 
(1
)
 
346

Income (loss) before income taxes
169

 
(12
)
 
(1
)
 
156

Net income (loss) attributable to CCIC stockholders
164

 
(12
)
 
(1
)
 
151

Net income (loss) attributable to CCIC common stockholders
$
136

 
$
(12
)
 
$
(1
)
 
$
123

Net income (loss)
$
164

 
$
(12
)
 
$
(1
)
 
$
151

Comprehensive income (loss) attributable to CCIC stockholders
$
164

 
$
(12
)
 
$
(1
)
 
$
151

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.33

 
$
(0.03
)
 
$

 
$
0.30

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.33

 
$
(0.03
)
 
$

 
$
0.30

 
Six Months Ended June 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
2,323

 
$
37

 
$

 
$
2,360

Services and other
307

 
(60
)
 
(3
)
 
244

Net revenues
2,630

 
(23
)
 
(3
)
 
2,604

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 
 
Services and other
185

 

 
(2
)
 
183

Total operating expenses
1,936

 

 
(2
)
 
1,934

Operating income (loss)
694

 
(23
)
 
(1
)
 
670

Income (loss) before income taxes
303

 
(23
)
 
(1
)
 
279

Net income (loss) attributable to CCIC stockholders
294

 
(23
)
 
(1
)
 
270

Net income (loss) attributable to CCIC common stockholders
$
237

 
$
(23
)
 
$
(1
)
 
$
213

Net income (loss)
$
294

 
$
(23
)
 
$
(1
)
 
$
270

Comprehensive income (loss) attributable to CCIC stockholders
$
293

 
$
(23
)
 
$
(1
)
 
$
269

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.58

 
$
(0.06
)
 
$

 
$
0.52

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.57

 
$
(0.05
)
 
$

 
$
0.52


 
 
Three Months Ended March 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
1,153

 
$
18

 
$

 
$
1,171

Services and other
146

 
(32
)
 
(1
)
 
113

Net revenues
1,299

 
(14
)
 
(1
)
 
1,284

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 
 
Services and other
86

 

 
(1
)
 
85

Total operating expenses
950

 

 
(1
)
 
949

Operating income (loss)
349

 
(14
)
 

 
335

Income (loss) before income taxes
118

 
(14
)
 

 
104

Net income (loss) attributable to CCIC stockholders
114

 
(14
)
 

 
100

Net income (loss) attributable to CCIC common stockholders
$
86

 
$
(14
)
 
$

 
$
72

Net income (loss)
$
114

 
$
(14
)
 
$

 
$
100

Comprehensive income (loss) attributable to CCIC stockholders
$
114

 
$
(14
)
 
$

 
$
100

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.21

 
$
(0.03
)
 
$

 
$
0.18

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.21

 
$
(0.03
)
 
$

 
$
0.18

    
(a)
Exclusive of depreciation, amortization and accretion shown se
 
Six Months Ended June 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
2,457

 
$
48

 
$

 
$
2,505

Services and other
447

 
(95
)
 
(2
)
 
350

Net revenues
2,904

 
(47
)
 
(2
)
 
2,855

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
263

 

 
(2
)
 
261

Total operating expenses
2,101

 

 
(2
)
 
2,099

Operating income (loss)
803

 
(47
)
 

 
756

Income (loss) before income taxes
466

 
(47
)
 

 
419

Net income (loss) attributable to CCIC stockholders
456

 
(47
)
 

 
409

Net income (loss) attributable to CCIC common stockholders
$
399

 
$
(47
)
 
$

 
$
352

Net income (loss)
$
456

 
$
(47
)
 
$

 
$
409

Comprehensive income (loss) attributable to CCIC stockholders
$
456

 
$
(47
)
 
$

 
$
409

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.96

 
$
(0.11
)
 
$

 
$
0.85

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.95

 
$
(0.11
)
 
$

 
$
0.84


 
Six Months Ended June 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
2,323

 
$
37

 
$

 
$
2,360

Services and other
307

 
(60
)
 
(3
)
 
244

Net revenues
2,630

 
(23
)
 
(3
)
 
2,604

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 
 
Services and other
185

 

 
(2
)
 
183

Total operating expenses
1,936

 

 
(2
)
 
1,934

Operating income (loss)
694

 
(23
)
 
(1
)
 
670

Income (loss) before income taxes
303

 
(23
)
 
(1
)
 
279

Net income (loss) attributable to CCIC stockholders
294

 
(23
)
 
(1
)
 
270

Net income (loss) attributable to CCIC common stockholders
$
237

 
$
(23
)
 
$
(1
)
 
$
213

Net income (loss)
$
294

 
$
(23
)
 
$
(1
)
 
$
270

Comprehensive income (loss) attributable to CCIC stockholders
$
293

 
$
(23
)
 
$
(1
)
 
$
269

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.58

 
$
(0.06
)
 
$

 
$
0.52

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.57

 
$
(0.05
)
 
$

 
$
0.52


    
(a)
Exclusive of depreciation, amortization and accretion shown separately.
The following tables illustrate the Historical Adjustments, where applicable, on the Company’s condensed consolidated statement of operations and comprehensive income (loss) for each period presented. Only line items impacted by the Historical Adjustments are presented, and as such, components will not sum to totals. The sum of quarterly information may not agree to year-to-date information due to rounding.
 
Nine Months Ended September 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
3,718

 
$
75

 
$

 
$
3,793

Services and other
700

 
(152
)
 
(4
)
 
544

Net revenues
4,418

 
(77
)
 
(4
)
 
4,337

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 
 
Services and other
410

 

 
(3
)
 
407

Depreciation, amortization and accretion
1,176

 

 
(1
)
 
1,175

Total operating expenses
3,161

 

 
(4
)
 
3,157

Operating income (loss)
1,257

 
(77
)
 

 
1,180

Income (loss) before income taxes
744

 
(77
)
 

 
667

Net income (loss) attributable to CCIC stockholders
729

 
(77
)
 

 
652

Net income (loss) attributable to CCIC common stockholders
$
644

 
$
(77
)
 
$

 
$
567

Net income (loss)
$
729

 
$
(77
)
 
$

 
$
652

Comprehensive income (loss) attributable to CCIC stockholders
$
729

 
$
(77
)
 
$

 
$
652

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
1.55

 
$
(0.19
)
 
$

 
$
1.36

Net income (loss) attributable to CCIC common stockholders - diluted
$
1.54

 
$
(0.18
)
 
$

 
$
1.36


 
Nine Months Ended September 30, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 
 
 

Site rental
$
3,507

 
$
58

 
$

 
$
3,565

Services and other
497

 
(93
)
 
(5
)
 
399

Net revenues
4,004

 
(35
)
 
(5
)
 
3,964

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
304

 

 
(3
)
 
301

Total operating expenses
2,953

 

 
(3
)
 
2,950

Operating income (loss)
1,051

 
(35
)
 
(2
)
 
1,014

Income (loss) before income taxes
471

 
(35
)
 
(2
)
 
434

Net income (loss) attributable to CCIC stockholders
458

 
(35
)
 
(2
)
 
421

Net income (loss) attributable to CCIC common stockholders
$
373

 
$
(35
)
 
$
(2
)
 
$
336

Net income (loss)
$
458

 
$
(35
)
 
$
(2
)
 
$
421

Comprehensive income (loss) attributable to CCIC stockholders
$
457

 
$
(35
)
 
$
(2
)
 
$
420

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 
 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.90

 
$
(0.09
)
 
$

 
$
0.81

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.90

 
$
(0.09
)
 
$

 
$
0.81


 
September 30, 2019
 
June 30, 2019
 
March 31, 2019
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
(As Restated)
Net revenues:
 
 
 
 
 
 
 
 
 
Site rental
$
1,287

 
$
3,793

 
$
1,263

 
$
2,505

 
$
1,242

Services and other
195

 
544

 
184

 
350

 
166

Net revenues
1,482

 
4,337

 
1,447

 
2,855

 
1,408

Operating expenses:
 
 
 
 
 
 
 
 
 
Costs of operations(a):
 
 
 
 
 
 
 
 
 
Site rental
369

 
1,095

 
365

 
726

 
361

Services and other
146

 
407

 
137

 
261

 
124

Selling, general and administrative
150

 
457

 
155

 
307

 
152

Asset write-down charges
2

 
13

 
6

 
12

 
6

Acquisition and integration costs
4

 
10

 
2

 
6

 
4

Depreciation, amortization and accretion
388

 
1,175

 
393

 
787

 
394

Total operating expenses
1,059

 
3,157

 
1,058

 
2,099

 
1,041

Operating income (loss)
423

 
1,180

 
389

 
756

 
367

Interest expense and amortization of deferred financing costs
(173
)
 
(510
)
 
(169
)
 
(337
)
 
(168
)
Gains (losses) on retirement of long-term obligations

 
(2
)
 
(1
)
 
(2
)
 
(1
)
Interest income
2

 
5

 
1

 
3

 
2

Other income (expense)
(5
)
 
(6
)
 

 
(1
)
 
(1
)
Income (loss) before income taxes
247

 
667

 
220

 
419

 
199

Benefit (provision) for income taxes
(5
)
 
(15
)
 
(4
)
 
(10
)
 
(6
)
Net income (loss) attributable to CCIC stockholders
242

 
652

 
216

 
409

 
193

Dividends/distributions on preferred stock
(28
)
 
(85
)
 
(28
)
 
(57
)
 
(28
)
Net income (loss) attributable to CCIC common stockholders
214

 
567

 
188

 
352

 
165

Net income (loss)
242

 
652

 
216

 
409

 
193

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments

 

 

 

 

Total other comprehensive income (loss)

 

 

 

 

Comprehensive income (loss) attributable to CCIC stockholders
$
242

 
$
652

 
$
216

 
$
409

 
$
193

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 

 
 

 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
0.51

 
$
1.36

 
$
0.45

 
$
0.85

 
$
0.40

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.51

 
$
1.36

 
$
0.45

 
$
0.84

 
$
0.40

Weighted-average common shares outstanding:

 

 

 
 
 

Basic
416

 
416

 
416

 
415

 
415

Diluted
418

 
418

 
418

 
417

 
417

    
(a)
Exclusive of depreciation, amortization and accretion shown separately.

 
Year Ended December 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 

 
 

 
 

 
 

Site rental
$
4,716

 
$
80

 
$

 
$
4,796

Services and other
707

 
(128
)
 
(5
)
 
574

Net revenues
5,423

 
(48
)
 
(5
)
 
5,370

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
437

 

 
(3
)
 
434

Depreciation, amortization and accretion
1,528

 

 
(1
)
 
1,527

Total operating expenses
3,991

 

 
(4
)
 
3,987

Operating income (loss)
1,432

 
(48
)
 
(1
)
 
1,383

Income (loss) before income taxes
690

 
(48
)
 
(1
)
 
641

Net income (loss) attributable to CCIC stockholders
671

 
(48
)
 
(1
)
 
622

Net income (loss) attributable to CCIC common stockholders
$
558

 
$
(48
)
 
$
(1
)
 
$
509

Net income (loss)
$
671

 
$
(48
)
 
$
(1
)
 
$
622

Comprehensive income (loss) attributable to CCIC stockholders
$
670

 
$
(48
)
 
$
(1
)
 
$
621

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 

 
 

Net income (loss) attributable to CCIC common stockholders - basic
$
1.35

 
$
(0.12
)
 
$

 
$
1.23

Net income (loss) attributable to CCIC common stockholders - diluted
$
1.34

 
$
(0.11
)
 
$

 
$
1.23


 
December 31, 2018
 
September 30, 2018
 
June 30, 2018
 
March 31, 2018
 
Three Months Ended
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
(As Restated)
Net revenues:
 
 
 
 
 
 
 
 
 
 
 
Site rental
$
1,231

 
$
1,205

 
$
3,565

 
$
1,188

 
$
2,360

 
$
1,171

Services and other
175

 
156

 
399

 
131

 
244

 
113

Net revenues
1,406

 
1,361

 
3,964

 
1,319

 
2,604

 
1,284

Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
Costs of operations(a):
 
 
 
 
 
 
 
 
 
 
 
Site rental
353

 
355

 
1,057

 
355

 
702

 
347

Services and other
135

 
118

 
301

 
98

 
183

 
85

Selling, general and administrative
145

 
145

 
418

 
138

 
273

 
134

Asset write-down charges
8

 
8

 
18

 
6

 
9

 
3

Acquisition and integration costs
9

 
4

 
18

 
8

 
14

 
6

Depreciation, amortization and accretion
389

 
385

 
1,138

 
379

 
753

 
374

Total operating expenses
1,039

 
1,015

 
2,950

 
984

 
1,934

 
949

Operating income (loss)
367

 
346

 
1,014

 
335

 
670

 
335

Interest expense and amortization of deferred financing costs
(164
)
 
(160
)
 
(478
)
 
(158
)
 
(318
)
 
(160
)
Gains (losses) on retirement of long-term obligations

 
(32
)
 
(106
)
 
(3
)
 
(74
)
 
(71
)
Interest income
2

 
1

 
4

 
1

 
2

 
1

Other income (expense)
1

 
1

 

 

 
(1
)
 
(1
)
Income (loss) before income taxes
206

 
156

 
434

 
175

 
279

 
104

Benefit (provision) for income taxes
(5
)
 
(5
)
 
(13
)
 
(5
)
 
(9
)
 
(4
)
Net income (loss) attributable to CCIC stockholders
201

 
151

 
421

 
170

 
270

 
100

Dividends/distributions on preferred stock
(28
)
 
(28
)
 
(85
)
 
(28
)
 
(57
)
 
(28
)
Net income (loss) attributable to CCIC common stockholders
173

 
123

 
336

 
142

 
213

 
72

Net income (loss)
201

 
151

 
421

 
170

 
270

 
100

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments

 

 
(1
)
 
(1
)
 
(1
)
 

Total other comprehensive income (loss)

 

 
(1
)
 
(1
)
 
(1
)
 

Comprehensive income (loss) attributable to CCIC stockholders
$
201

 
$
151

 
$
420

 
$
169

 
$
269

 
$
100

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to CCIC common stockholders - basic
$
0.42

 
$
0.30

 
$
0.81

 
$
0.34

 
$
0.52

 
$
0.18

Net income (loss) attributable to CCIC common stockholders - diluted
$
0.42

 
$
0.30

 
$
0.81

 
$
0.34

 
$
0.52

 
$
0.18

Weighted-average common shares outstanding:
 
 

 

 

 

 

Basic
415

 
415

 
413

 
415

 
412

 
409

Diluted
417

 
416

 
414

 
416

 
413

 
410

    
(a)
Exclusive of depreciation, amortization and accretion shown separately.
 
Year Ended December 31, 2017
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Net revenues:
 
 
 
 
 
 
 
Site rental
$
3,669

 
$
65

 
$

 
$
3,734

Services and other
687

 
(124
)
 
(42
)
 
521

Net revenues
4,356

 
(59
)
 
(42
)
 
4,255

Operating expenses:
 
 
 
 
 
 


Costs of operations(a):
 
 
 
 
 
 


Services and other
420

 

 
(21
)
 
399

Depreciation, amortization and accretion
1,242

 

 
(1
)
 
1,241

Total operating expenses
3,310

 

 
(22
)
 
3,288

Operating income (loss)
1,046

 
(59
)
 
(20
)
 
967

Income (loss) before income taxes
471

 
(59
)
 
(20
)
 
392

Net income (loss) attributable to CCIC stockholders
445

 
(59
)
 
(20
)
 
366

Net income (loss) attributable to CCIC common stockholders
$
387

 
$
(59
)
 
$
(20
)
 
$
308

Net income (loss)
$
445

 
$
(59
)
 
$
(20
)
 
$
366

Comprehensive income (loss) attributable to CCIC stockholders
$
447

 
$
(59
)
 
$
(20
)
 
$
368

Net income (loss) attributable to CCIC common stockholders, per common share:
 

 
 

 
 

 
 
Net income (loss) attributable to CCIC common stockholders - basic
$
1.01

 
$
(0.16
)
 
$
(0.05
)
 
$
0.80

Net income (loss) attributable to CCIC common stockholders - diluted
$
1.01

 
$
(0.16
)
 
$
(0.05
)
 
$
0.80

    
(a)
Exclusive of depreciation, amortization and accretion shown separately.
Condensed Cash Flow Statement [Table Text Block]     ta      
 
Six Months Ended June 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Cash flows from operating activities:
 
 
 
 
 
 
 
Net income (loss)
$
456

 
$
(47
)
 
$

 
$
409

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
 
 
 
 
 
 


Increase (decrease) in other liabilities
30

 
47

 

 
77

Net cash provided by (used for) operating activities
1,227

 

 

 
1,227

Net increase (decrease) in cash, cash equivalents, and restricted cash
16

 

 

 
16

Cash, cash equivalents, and restricted cash at beginning of period
413

 

 

 
413

Cash, cash equivalents, and restricted cash at end of period
$
429

 
$

 
$

 
$
429


t
 
Nine Months Ended September 30, 2019
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Cash flows from operating activities:
 
 
 
 
 
 
 
Net income (loss)
$
729

 
$
(77
)
 
$

 
$
652

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
 
 
 
 
 
 
 
Depreciation, amortization and accretion
1,176

 

 
(1
)
 
1,175

Increase (decrease) in other liabilities
102

 
77

 

 
179

Net cash provided by (used for) operating activities
1,891

 

 
(1
)
 
1,890

Cash flows from investing activities:
 
 
 
 
 
 
 
Capital expenditures
(1,538
)
 

 
1

 
(1,537
)
Net cash provided by (used for) investing activities
(1,550
)
 

 
1

 
(1,549
)
Net increase (decrease) in cash, cash equivalents, and restricted cash
(88
)
 

 

 
(88
)
Cash, cash equivalents, and restricted cash at beginning of period
413

 

 

 
413

Cash, cash equivalents, and restricted cash at end of period
$
325

 
$

 
$

 
$
325


Flows
 
September 30, 2019
 
June 30, 2019
 
March 31, 2019
 
Nine Months Ended
 
Six Months Ended
 
Three Months Ended
 
(As Restated)
Cash flows from operating activities:
 
 
 
 
 
Net income (loss)
$
652

 
$
409

 
$
193

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
 
 
 
 
 
Depreciation, amortization and accretion
1,175

 
787

 
394

(Gains) losses on retirement of long-term obligations
2

 
2

 
1

Amortization of deferred financing costs and other non-cash interest
1

 
1

 
1

Stock-based compensation expense
91

 
62

 
29

Asset write-down charges
13

 
12

 
6

Deferred income tax (benefit) provision
2

 
1

 
1

Other non-cash adjustments, net
4

 
3

 
2

Changes in assets and liabilities, excluding the effects of acquisitions:
 
 
 
 
 
Increase (decrease) in accrued interest
(38
)
 
18

 
(41
)
Increase (decrease) in accounts payable
37

 
6

 
(5
)
Increase (decrease) in other liabilities
179

 
77

 
(7
)
Decrease (increase) in receivables
(166
)
 
(89
)
 
(43
)
Decrease (increase) in other assets
(62
)
 
(62
)
 
(19
)
Net cash provided by (used for) operating activities
1,890

 
1,227

 
512

Cash flows from investing activities:
 
 
 
 
 
Capital expenditures
(1,537
)
 
(998
)
 
(480
)
Payments for acquisitions, net of cash acquired
(15
)
 
(13
)
 
(10
)
Other investing activities, net
3

 
1

 
1

Net cash provided by (used for) investing activities
(1,549
)
 
(1,010
)
 
(489
)
Cash flows from financing activities:
 
 
 
 
 
Proceeds from issuance of long-term debt
1,895

 
995

 
996

Principal payments on debt and other long-term obligations
(59
)
 
(36
)
 
(25
)
Purchases and redemptions of long-term debt
(12
)
 
(12
)
 
(12
)
Borrowings under revolving credit facility
1,585

 
1,195

 
710

Payments under revolving credit facility
(2,270
)
 
(1,785
)
 
(1,140
)
Net issuances (repayments) under commercial paper program

 
500

 

Payments for financing costs
(24
)
 
(14
)
 
(10
)
Purchases of common stock
(44
)
 
(43
)
 
(42
)
Dividends/distributions paid on common stock
(1,415
)
 
(944
)
 
(477
)
Dividends/distributions paid on preferred stock
(85
)
 
(57
)
 
(28
)
Net cash provided by (used for) financing activities
(429
)
 
(201
)
 
(28
)
Net increase (decrease) in cash, cash equivalents, and restricted cash
(88
)
 
16

 
(5
)
Effect of exchange rate changes on cash

 

 

Cash, cash equivalents, and restricted cash at beginning of period
413

 
413

 
413

Cash, cash equivalents, and restricted cash at end of period
325

 
429

 
408

 
September 30, 2018
 
June 30, 2018
 
March 31, 2018
 
Nine Months Ended
 
Six Months Ended
 
Three Months Ended
 
(As Restated)
Cash flows from operating activities:
 
 
 
 
 
Net income (loss)
$
421

 
$
270

 
$
100

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
 
 
 
 
 
Depreciation, amortization and accretion
1,138

 
753

 
374

(Gains) losses on retirement of long-term obligations
106

 
74

 
71

Amortization of deferred financing costs and other non-cash interest
5

 
4

 
2

Stock-based compensation expense
79

 
47

 
23

Asset write-down charges
18

 
9

 
3

Deferred income tax (benefit) provision
2

 
1

 
1

Other non-cash adjustments, net
2

 
1

 
2

Changes in assets and liabilities, excluding the effects of acquisitions:
 
 
 
 
 
Increase (decrease) in accrued interest
(31
)
 
22

 
(28
)
Increase (decrease) in accounts payable
31

 
3

 
(5
)
Increase (decrease) in other liabilities
179

 
76

 
(43
)
Decrease (increase) in receivables
(74
)
 
(59
)
 
(5
)
Decrease (increase) in other assets
(103
)
 
(91
)
 
(43
)
Net cash provided by (used for) operating activities
1,773

 
1,110

 
452

Cash flows from investing activities:
 
 
 
 
 
Capital expenditures
(1,239
)
 
(762
)
 
(370
)
Payments for acquisitions, net of cash acquired
(26
)
 
(18
)
 
(14
)
Other investing activities, net
(14
)
 
3

 

Net cash provided by (used for) investing activities
(1,279
)
 
(777
)
 
(384
)
Cash flows from financing activities:
 
 
 
 
 
Proceeds from issuance of long-term debt
2,743

 
1,743

 
1,743

Principal payments on debt and other long-term obligations
(76
)
 
(47
)
 
(32
)
Purchases and redemptions of long-term debt
(2,346
)
 
(1,318
)
 
(1,318
)
Borrowings under revolving credit facility
1,290

 
485

 
170

Payments under revolving credit facility
(1,465
)
 
(1,150
)
 
(1,050
)
Payments for financing costs
(33
)
 
(20
)
 
(15
)
Net proceeds from issuance of common stock
841

 
841

 
843

Purchases of common stock
(34
)
 
(34
)
 
(33
)
Dividends/distributions paid on common stock
(1,315
)
 
(879
)
 
(443
)
Dividends/distributions paid on preferred stock
(85
)
 
(57
)
 
(28
)
Net cash provided by (used for) financing activities
(480
)
 
(436
)
 
(163
)
Net increase (decrease) in cash, cash equivalents, and restricted cash
14

 
(103
)
 
(95
)
Effect of exchange rate changes on cash
(1
)
 
(1
)
 

Cash, cash equivalents, and restricted cash at beginning of period
440

 
440

 
440

Cash, cash equivalents, and restricted cash at end of period
453

 
336

 
345

The following tables illustrate the Historical Adjustments, where applicable, on the Company’s condensed consolidated statement of cash flows for each period. Only line items impacted by the Historical Adjustments are presented, and as such, components will not sum to
s rately.

Consolidated Statement of Cas
Consolidated Statement of Cash Flows
 
Year Ended December 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Cash flows from operating activities:
 
 
 
 
 
 
 
Net income (loss)
$
671

 
$
(48
)
 
$
(1
)
 
$
622

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
 
 
 
 
 
 


Depreciation, amortization and accretion
1,528

 

 
(1
)
 
1,527

Increase (decrease) in other liabilities
223

 
48

 

 
271

Net cash provided by (used for) operating activities
2,502

 

 
(2
)
 
2,500

Cash flows from investing activities:
 
 
 
 
 
 
 
Capital expenditures
(1,741
)
 

 
2

 
(1,739
)
Net cash provided by (used for) investing activities
(1,795
)
 

 
2

 
(1,793
)
Net increase (decrease) in cash, cash equivalents, and restricted cash
(26
)
 

 

 
(26
)
Cash, cash equivalents, and restricted cash at beginning of period
440

 

 

 
440

Cash, cash equivalents, and restricted cash at end of period
$
413

 
$

 
$

 
$
413


 
Year Ended December 31, 2017
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Cash flows from operating activities:
 
 
 
 
 
 
 
Net income (loss)
$
445

 
$
(59
)
 
$
(20
)
 
$
366

Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:

 
 
 
 
 

Depreciation, amortization and accretion
1,242

 

 
(1
)
 
1,241

Increase (decrease) in other liabilities
175

 
59

 

 
234

Decrease (increase) in receivables
61

 

 
10

 
71

Net cash provided by (used for) operating activities
2,043

 

 
(11
)
 
2,032

Cash flows from investing activities:
 
 
 
 
 
 

Capital expenditures
(1,228
)
 

 
11

 
(1,217
)
Net cash provided by (used for) investing activities
(10,493
)
 

 
11

 
(10,482
)
Net increase (decrease) in cash, cash equivalents, and restricted cash
(258
)
 

 

 
(258
)
Cash, cash equivalents, and restricted cash at beginning of period
697

 

 

 
697

Cash, cash equivalents, and restricted cash at end of period
$
440

 
$

 
$

 
$
440



Condensed Financial Statements [Table Text Block]                      
 
December 31, 2016
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Dividends/distributions in excess of earnings

$
(3,379
)
 
$
(332
)
 
$
(3
)
 
$
(3,714
)
Total stockholders' equity
$
7,557

 
$
(332
)
 
$
(3
)
 
$
7,222

 
 
 
 
 
 
 
 
 
December 31, 2017
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Dividends/distributions in excess of earnings

$
(4,505
)
 
$
(391
)
 
$
(23
)
 
$
(4,919
)
Total stockholders' equity
$
12,339

 
$
(391
)
 
$
(23
)
 
$
11,925

 
 
 
 
 
 
 
 
 
December 31, 2018
 
As Reported
 
Restatement Adjustments
 
Other Adjustments
 
As Restated
Dividends/distributions in excess of earnings

$
(5,732
)
 
$
(440
)
 
$
(23
)
 
$
(6,195
)
Total stockholders' equity
$
12,034

 
$
(440
)
 
$
(23
)
 
$
11,571