Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

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CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

YEARS ENDED DECEMBER 31, 2019**,** 2018 AND 2017

(In millions of dollars)



			Additions		Deductions
	Balance at Beginning of Year		Charged to Operations		Credited to Operations		Written Off			Effect of Exchange Rate Changes		Other Adjustments			Balance at End of Year
Allowance for Doubtful Accounts Receivable:
2019	$	14	$	7	$	—	$	(3	)	$	—	$	—		$	18
2018	$	14	$	4	$	—	$	(4	)	$	—	$	—		$	14
2017	$	11	$	4	$	—	$	(5	)	$	—	$	4	(a)	$	14


(a)	Represents the allowance for doubtful accounts reflected in the final purchase price allocations for the 2017 Acquisitions. See note 4.



			Additions				Deductions
	Balance at Beginning of Year		Charged to Operations		Charged to Additional Paid-in Capital and Other Comprehensive Income		Credited to Operations			Credited to Additional Paid-in Capital and Other Comprehensive Income		Other Adjustments(a)		Balance at End of Year
Deferred Tax Valuation Allowance:
2019	$	1	$	—	$	—	$	(1	)	$	—	$	—	$	—
2018	$	1	$	—	$	—	$	—		$	—	$	—	$	1
2017	$	7	$	—	$	—	$	(6	)	$	—	$	—	$	1


(a)	Inclusive of the effects of acquisitions.

CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION

YEARS ENDED DECEMBER 31, 2019 AND 2018

(In millions of dollars)



Description	Encumbrances			Initial Cost to Company	Cost Capitalized Subsequent to Acquisition	Gross Amount Carried at Close of Current Period		Accumulated Depreciation at Close of Current Period			Date of Construction	Date Acquired	Life on Which Depreciation in Latest Income Statement is Computed
Communications infrastructure(a)	$	3,293	(b)	(c)	(c)	$	23,854	$	(9,382	)	Various	Various	Up to 20 years


(a)	Includes approximately 40,000 towers and 80,000 route miles of fiber. No single asset exceeds 5% of the aggregate gross amounts at which the assets were carried at the close of the period set forth in the table above.


(b)	Encumbrances are reported at face value, without contemplating the effect of deferred financing costs, discounts or premiums. Certain of the Company's debt is secured by (1) a security interest in substantially all of the applicable issuers' assignable personal property, (2) a pledge of the equity interests in each applicable issuer and (3) a security interest in the applicable issuers' leases with tenants to lease tower space (space licenses).

(b)

Encumbrances are reported at face value, without contemplating the effect of deferred financing costs, discounts or premiums. Certain of the Company's debt is secured by (1) a security interest in substantially all of the applicable issuers' assignable personal property, (2) a pledge of the equity interests in each applicable issuer and (3) a security interest in the applicable issuers' leases with tenants to lease tower space (space licenses).


(c)	The Company has omitted this information, as it would be impracticable to compile such information on an asset-by-asset basis.



	2019			2018
				(As Restated)(a)
Gross amount at beginning	$	21,840		$	20,086
Additions during period:
Acquisitions through foreclosure	—			—
Other acquisitions(b)	4			5
Communications infrastructure construction and improvements	1,878			1,565
Purchase of land interests	53			56
Sustaining capital expenditures	84			85
Other(c)	101			64
Total additions	2,120			1,775
Deductions during period:
Cost of real estate sold or disposed	(45		)	(21		)
Other	(61		)	—
Total deductions	(106		)	(21		)
Balance at end	$	23,854		$	21,840


(a)	See note 2 to the Company's consolidated financial statements for further information regarding the restatement.


(b)	Includes acquisitions of communications infrastructure.


(c)	Predominately relates to the purchase of property and equipment under finance leases and installment land purchases.



	2019			2018
				(As Restated)(a)
Gross amount of accumulated depreciation at beginning	$	(8,338	)	$	(7,301	)
Additions during period:
Depreciation	(1,087		)	(1,056		)
Total additions	(1,087		)	(1,056		)
Deductions during period:
Amount for assets sold or disposed	24			18
Other	19			1
Total deductions	43			19
Balance at end	$	(9,382	)	$	(8,338	)


(a)	See note 2 to the Company's consolidated financial statements for further information regarding the restatement.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Annual Report on Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized, on this 10th day of March, 2020.




CROWN CASTLE INTERNATIONAL CORP.

By:		/s/ DANIEL K. SCHLANGER
		Daniel K. Schlanger Senior Vice President and Chief Financial Officer

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jay A. Brown and Kenneth J. Simon and each of them, as his or her true and lawful attorneys-in-fact and agents with full power of substitution and re-substitution for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all documents relating to the Annual Report on Form 10-K, including any and all amendments and supplements thereto, for the year ended December 31, 2019 and to file the same with all exhibits thereto and other documents in connection therewith with the Securities and Exchange Commission granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully as to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or their substitute or substitutes may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, this Annual Report on Form 10-K has been signed below by the following persons on behalf of the Registrant and in the capacities indicated below on this 10th day of March, 2020.



Name		Title

/s/ JAY A. BROWN		President, Chief Executive Officer and Director
Jay A. Brown		(Principal Executive Officer)

/s/ DANIEL K. SCHLANGER		Senior Vice President and Chief Financial Officer
Daniel K. Schlanger		(Principal Financial Officer)

/s/ ROBERT S. COLLINS		Vice President and Controller
Robert S. Collins		(Principal Accounting Officer)

/s/ J. LANDIS MARTIN		Chairman of the Board of Directors
J. Landis Martin

/s/ P. ROBERT BARTOLO		Director
P. Robert Bartolo
/s/ CINDY CHRISTY		Director
Cindy Christy

/s/ ARI Q. FITZGERALD		Director
Ari Q. Fitzgerald

/s/ ROBERT E. GARRISON II		Director
Robert E. Garrison II

/s/ ANDREA J. GOLDSMITH		Director
Andrea J. Goldsmith

/s/ LEE W. HOGAN		Director
Lee W. Hogan

/s/ EDWARD C. HUTCHESON, JR.		Director
Edward C. Hutcheson, Jr.

/s/ ROBERT F. MCKENZIE		Director
Robert F. McKenzie

/s/ ANTHONY J. MELONE		Director
Anthony J. Melone

/s/ W. BENJAMIN MORELAND		Director
W. Benjamin Moreland

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