Crown Castle reclassifies $157 million cash outflow from investing to operating activities
CCI•Crown Castle amended its November 4 earnings release to reclassify a $157 million third-quarter cash outflow from investing activities to operating activities. Total assets and the statement of operations were unchanged.
1. Classification changes
Crown Castle amended its earnings release to reclassify $157 million paid in the third quarter. The balance-sheet correction moved $90 million from other intangible assets to operating lease right-of-use assets and $67 million to other assets; total assets and the statement of operations were unchanged.
