Company: UZF
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000821130-25-000051
Chunk: 39

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 2
Chunk 39
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 net719 728 Long-term operating lease liabilities825 822 Other deferred liabilities and credits576 570 Long-term debt, net2,819 2,837 Commitments and contingenciesNoncontrolling interests with redemption features16 16 EquityArray shareholders’ equitySeries A Common and Common SharesAuthorized 190 shares (50 Series A Common and 140 Common Shares)Issued 88 shares (33 Series A Common and 55 Common Shares)Outstanding 86 shares (33 Series A Common and 53 Common Shares) and 85 shares (33 Series A Common and 52 Common Shares), respectivelyPar Value ($1.00 per share) ($33 Series A Common and $55 Common Shares)88 88 Additional paid-in capital1,812 1,783 Treasury shares, at cost, 2 and 3 Common Shares, respectively(102)(112)Retained earnings2,802 2,818 Total Array shareholders' equity4,600 4,577 Noncontrolling interests14 15 Total equity4,614 4,592 Total liabilities and equity1$10,377 $10,449 

The accompanying notes are an integral part of these consolidated financial statements.

1     The consolidated total assets as of June 30, 2025 and December 31, 2024, include assets held by consolidated variable interest entities (VIEs) of $876 million and $1,011 million, respectively, which are not available to be used to settle the obligations of Array. The consolidated total liabilities as of June 30, 2025 and December 31, 2024, include certain liabilities of consolidated VIEs of $28 million and $27 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of Array. See Note 9 — Variable Interest Entities for additional information.

34

Array Digital Infrastructure, Inc.

Consolidated Statement of Changes in Equity

(Unaudited)

Array ShareholdersSeries ACommon andCommonsharesAdditionalpaid-incapitalTreasurysharesRetainedearningsTotalArrayshareholders'equityNoncontrollinginterestsTotal equity(Dollars in millions)March 31, 2025$88 $1,800 $(125)$2,822 $4,585 $14 $4,599 Net income attributable to Array shareholders— — — 31 31 — 31 Incent