AT&T Inc. (T) Financial Statements (2024 and earlier)

Company Profile

Business Address 208 S. AKARD ST
DALLAS, TX 75202
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,5282,8213,7012,4234,01838,565
Cash and cash equivalents9,5282,8213,7012,4234,01838,565
Restricted cash and investments11 112
Receivables9,30410,21411,46611,38411,37717,218
Inventory, net of allowances, customer advances and progress billings2,3482,791    
Inventory2,3482,791    
Prepaid expense   3,1233,9353,2413,153
Disposal group, including discontinued operation     85 
Other current assets   14,818   
Other undisclosed current assets15,49114,076 14,55215,76317,918
Total current assets:36,67229,90333,10832,29534,48576,856
Noncurrent Assets
Operating lease, right-of-use asset21,58121,61921,81421,78221,80823,941
Long-term investments and receivables2,7792,8103,5333,9644,5235,943
Long-term investments2,7792,8103,5333,9644,5235,943
Intangible assets, net (including goodwill)198,242197,743203,073221,943221,674258,806
Goodwill67,85467,89567,89592,72592,746133,247
Intangible assets, net (excluding goodwill)130,388129,848135,178129,218128,928125,559
Deposits noncurrent assets      9,129
Restricted cash and investments9312091709881
Deferred income tax assets   86   
Other noncurrent assets20,39620,34019,61219,43418,80822,291
Other undisclosed noncurrent assets128,690128,338121,536126,975125,037180,148
Total noncurrent assets:371,781370,970369,745394,168391,948500,339
TOTAL ASSETS:408,453400,873402,853426,463426,433577,195
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:33,03838,38942,64436,64236,65946,845
Interest and dividends payable2,086
Accounts payable   31,101   
Accrued liabilities2,0202,0827,311   
Other undisclosed accounts payable and accrued liabilities31,01836,3074,23236,64236,65944,759
Deferred revenue3,833     
Debt15,26813,7577,4679,6266,21027,333
Disposal group, including discontinued operation     85 
Due to related parties1302716191,047
Other liabilities  3,9223,9183,7053,6035,183
Other undisclosed current liabilities2,0202,0822,0142,0132,0132,086
Total current liabilities:54,15958,15056,17352,25749,18982,494
Noncurrent Liabilities
Long-term debt and lease obligation, including:128,012123,727128,423123,854129,747180,225
Finance lease, liability1,8111,7581,6471,4761,5421,509
Other undisclosed long-term debt and lease obligation126,201121,969126,776103,637109,456157,799
Liabilities, other than long-term debt108,237110,650111,80091,63393,441107,003
Deferred income tax liabilities57,97257,29457,03256,05555,30165,963
Liability, pension and other postretirement and postemployment benefits6,6967,0607,2606,1529,77511,294
Other liabilities25,25827,88328,84929,42628,36529,746
Operating lease, liability18,31118,41318,65918,74118,74920,917
Other undisclosed noncurrent liabilities    18,74118,74920,917
Total noncurrent liabilities:236,249234,377240,223234,228241,937308,145
Total liabilities:290,408292,527296,396286,485291,126390,639
Temporary equity, carrying amount1,970     
Equity
Equity, attributable to parent101,90399,39697,500122,406117,746169,036
Common stock7,6217,6217,6217,6217,6217,621
Treasury stock, value(16,158)(16,166)(17,082)(17,148)(17,160)(16,553)
Additional paid in capital118,833120,774123,610122,933122,850129,637
Accumulated other comprehensive income2,3052,3542,7662,8732,3073,290
Retained earnings (accumulated deficit)(10,698)(15,187)(19,415)6,1272,12845,041
Equity, attributable to noncontrolling interest14,1728,9508,95717,57217,56117,520
Total equity:116,075108,346106,457139,978135,307186,556
TOTAL LIABILITIES AND EQUITY:408,453400,873402,853426,463426,433577,195

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues29,91730,13931,34330,04329,64338,105
Cost of revenue(16,440)(16,428)(19,510)(16,774)(17,373)(22,589)
Other cost of operating revenue(6,771)(6,673)(6,572)(6,761)(6,807)(7,206)
Gross profit:13,47713,71111,83313,26912,27015,516
Operating expenses(7,071)(7,709)(32,925)(7,257)(7,314)(9,875)
Other undisclosed operating loss      
Operating income (loss):6,4066,002(21,092)6,0124,9565,641
Nonoperating income (expense)(241)(235)(2,105)1,2421,304966
Other nonoperating income (expense)987935(919)2,2702,3022,187
Interest and debt expense(1,608)(1,708)(1,560)(1,420)(1,502)(1,722)
Income (loss) from continuing operations before equity method investments, income taxes:4,5574,059(24,757)5,8344,7584,885
Other undisclosed income from continuing operations before income taxes1,6081,7081,5601,4201,5021,722
Income (loss) from continuing operations before income taxes:6,1655,767(23,197)7,2546,2606,607
Income tax expense (benefit)(1,403)(1,314)77(908)(1,509)(1,443)
Income (loss) from continuing operations:4,7624,453(23,120)6,3464,7515,164
Income before gain (loss) on sale of properties:6,3994,5375,164
Income (loss) from discontinued operations   (35)53(214) 
Net income (loss):4,7624,453(23,155)6,3994,5375,164
Net loss attributable to noncontrolling interest(273)(225)(362)(373)(380)(354)
Net income (loss) attributable to parent:4,4894,228(23,517)6,0264,1574,810
Preferred stock dividends and other adjustments(52)(52)(54)(49)(52)(48)
Net income (loss) available to common stockholders, basic:4,4374,176(23,571)5,9774,1054,762
Other undisclosed net income available to common stockholders, diluted  76774143143146
Net income (loss) available to common stockholders, diluted:4,4374,252(22,797)6,1204,2484,908

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):4,7624,453(23,155)6,3994,5375,164
Other comprehensive income (loss)(49)(412)(107)566(983)(239)
Comprehensive income (loss):4,7134,041(23,262)6,9653,5544,925
Comprehensive loss, net of tax, attributable to noncontrolling interest(273)(225)(362)(373)(380)(354)
Comprehensive income (loss), net of tax, attributable to parent:4,4403,816(23,624)6,5923,1744,571

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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