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Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

N/A

CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

YEARS ENDED DECEMBER 31, 2021, 2020 AND 2019

(In millions of dollars)

AdditionsDeductions
Balance at Beginning of YearCharged to OperationsWritten OffBalance at End of Year
Allowance for Doubtful Accounts Receivable:
2021$17$5$(5)$17
2020$18$4$(5)$17
2019$14$7$(3)$18
AdditionsDeductions
Balance at Beginning of YearCharged to OperationsCredited to OperationsBalance at End of Year
Deferred Tax Valuation Allowance:
2021$—$—$—$—
2020$—$—$—$—
2019$1$—$(1)$—

CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION

YEARS ENDED DECEMBER 31, 2021 AND 2020

(In millions of dollars)

DescriptionEncumbrancesInitial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount Carried at Close of Current PeriodAccumulated Depreciation at Close of Current PeriodDate of ConstructionDate AcquiredLife on Which Depreciation in Latest Income Statement is Computed
Communications infrastructure(a)$2,994(b)(c)(c)$26,679$(11,582)VariousVariousUp to 20 years

(a)Includes more than 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).

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

20212020
Gross amount at beginning$25,441$23,854
Additions during period:
Acquisitions through foreclosure——
Other acquisitions(a)7568
Communications infrastructure construction and improvements1,0471,438
Purchase of land interests6664
Sustaining capital expenditures6966
Other(b)3247
Total additions1,2891,683
Deductions during period:
Cost of real estate sold or disposed(51)(96)
Other——
Total deductions(51)(96)
Balance at end$26,679$25,441

(a)Includes acquisitions of communications infrastructure.

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

20212020
Gross amount of accumulated depreciation at beginning$(10,478)$(9,382)
Additions during period:
Depreciation(1,137)(1,114)
Total additions(1,137)(1,114)
Deductions during period:
Amount for assets sold or disposed2518
Other8—
Total deductions3318
Balance at end$(11,582)$(10,478)

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 2021 Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized, on this 22nd day of February, 2022.

CROWN CASTLE INTERNATIONAL CORP.
By:/s/ DANIEL K. SCHLANGER
Daniel K. Schlanger Executive 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 2021 Form 10-K, including any and all amendments and supplements thereto, for the year ended December 31, 2021 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 2021 Form 10-K has been signed below by the following persons on behalf of the Registrant and in the capacities indicated below on this 22nd day of February, 2022.

NameTitle
/s/ JAY A. BROWNPresident, Chief Executive Officer and Director
Jay A. Brown(Principal Executive Officer)
/s/ DANIEL K. SCHLANGERExecutive Vice President and Chief Financial Officer
Daniel K. Schlanger(Principal Financial Officer)
/s/ ROBERT S. COLLINSVice President and Controller
Robert S. Collins(Principal Accounting Officer)
/s/ J. LANDIS MARTINChair of the Board of Directors
J. Landis Martin
/s/ P. ROBERT BARTOLODirector
P. Robert Bartolo
/s/ CINDY CHRISTYDirector
Cindy Christy
/s/ ARI Q. FITZGERALDDirector
Ari Q. Fitzgerald
/s/ ANDREA J. GOLDSMITHDirector
Andrea J. Goldsmith
/s/ LEE W. HOGANDirector
Lee W. Hogan
/s/ TAMMY K. JONESDirector
Tammy K. Jones
/s/ ANTHONY J. MELONEDirector
Anthony J. Melone
/s/ W. BENJAMIN MORELANDDirector
W. Benjamin Moreland
/s/ KEVIN A. STEPHENSDirector
Kevin A. Stephens
/s/ MATTHEW THORNTON IIIDirector
Matthew Thornton III

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