AT&T Inc. (T) financial statements (2021 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,74012,1305,20450,4985,7885,12110,493
Cash and cash equivalents9,74012,1305,20450,4985,7885,1218,603
Short-term investments      1,890
Receivables20,21522,63626,47216,52216,79416,53214,527
Inventory, net of allowances, customer advances and progress billings3,5922,8642,7712,2252,0394,0331,933
Inventory3,5922,8642,7712,2252,0394,0331,933
Prepaid expense1,8221,6312,0471,3691,5551,072831
Deferred tax assets    1,142
Other current assets20,23118,36417,70410,75714,23213,2676,925
Other undisclosed current assets(3,592)(2,864)(2,771)(2,225)(2,039)(4,033)(3,823)
Total current assets:52,00854,76151,42779,14638,36935,99232,028
Noncurrent Assets
Operating lease, right-of-use asset24,71424,039
Property, plant and equipment 130,128131,473125,222124,899124,450112,898
Long-term investments and receivables1,7803,6956,2451,5601,6741,606250
Long-term investments1,7803,6956,2451,5601,6741,606250
Intangible assets, net (including goodwill)298,289167,039275,057215,500214,303213,507141,896
Goodwill135,259146,241146,370105,449105,207104,56869,692
Intangible assets, net (excluding goodwill)163,03020,798128,687110,051109,096108,93972,204
Regulated entity, other noncurrent assets  466 319323 
Restricted cash and investments121 135    
Deferred income tax assets198 
Other noncurrent assets23,61722,75424,80918,44416,81215,34610,998
Deferred tax assets, net111311,4111,093(37,544)
Other undisclosed noncurrent assets125,034149,25342,1414,1946,03410,35532,303
Total noncurrent assets:473,753496,908480,437364,951365,452366,680260,801
TOTAL ASSETS:525,761551,669531,864444,097403,821402,672292,829
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:49,03245,95643,18434,47031,13830,37223,592
Accounts payable31,83629,64027,01824,43922,02721,04714,984
Accrued liabilities7,6319,1648,7663,5012,9942,9563,202
Taxes payable1,019     1,091
Interest and dividends payable6,1952,4982,5572,6612,0231,9744,035
Other undisclosed accounts payable and accrued liabilities2,3514,6544,8433,8694,0944,395280
Deferred revenue 5,939
Debt3,47011,83810,25538,3749,8327,6366,056
Postemployment benefits liability      1,842
Customer advances and deposits4,2134,5194,6824,105
Contract with customer, liability5,752
Other liabilities6,176      
Other undisclosed current liabilities4,7605,1785,2294,3325,0875,1261,687
Total current liabilities:63,43868,91164,42081,38950,57647,81637,282
Noncurrent Liabilities
Long-term debt and lease obligation, including:153,775151,309166,250125,972113,681118,51576,011
Finance lease, liability1,8471,872
Operating lease, liability22,20221,804
Other undisclosed long-term debt and lease obligation129,726127,633166,250125,972113,681118,51576,011
Liabilities, other than long-term debt107,106107,543107,31094,729115,454112,70155,068
Deferred tax liabilities, net57,85943,20760,12856,181 
Deferred income tax liabilities60,47259,334
Liability, pension and other postretirement and postemployment benefits18,27618,78819,21831,77533,57834,26237,079
Other liabilities28,35829,42130,23319,74721,74822,25817,989
Other undisclosed noncurrent liabilities22,20221,972    37,544
Total noncurrent liabilities:283,083280,824273,560220,701229,135231,216168,623
Total liabilities:346,521349,735337,980302,090279,711279,032205,905
Stockholders' equity
Stockholders' equity attributable to parent161,673184,221184,089140,861123,135122,67186,370
Common stock7,6217,6217,6216,4956,4956,4956,495
Treasury stock, value(17,910)(13,085)(12,059)(12,714)(12,659)(12,592)(47,029)
Additional paid in capital130,175126,279125,52589,56389,60489,76391,108
Accumulated other comprehensive income4,3305,4704,2497,0174,9615,3348,060
Retained earnings37,45757,93658,75350,50034,73433,67127,736
Stockholders' equity attributable to noncontrolling interest17,56717,7139,7951,146975969554
Total stockholders' equity:179,240201,934193,884142,007124,110123,64086,924
TOTAL LIABILITIES AND EQUITY:525,761551,669531,864444,097403,821402,672292,829

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues171,760181,193170,756160,546163,786146,801132,447
Cost of revenue(106,207)(103,038)(106,104)(98,412)(96,432)(75,810)(60,611)
Cost of goods and services sold   (37,511)(38,276)(35,782) 
Other cost of operating revenue(32,909)(34,356)(32,906)    
Gross profit:65,55378,15564,65262,13467,35470,99171,836
Operating expenses(59,148)(50,200)(38,556)(41,185)(43,007)(46,206)(41,229)
Other undisclosed operating loss      (18,861)
Operating income:6,40527,95526,09620,94924,34724,78511,746
Nonoperating expense(9,261)(9,487)(1,223)(5,810)(4,535)(4,093)(1,786)
Other nonoperating income (expense)(1,431)(1,071)6,782618277(52)1,652
Interest and debt expense(7,925)(8,422)(7,957)(6,300)(4,910)(4,120)(3,613)
Income (loss) from continuing operations before equity method investments, income taxes:(10,781)10,04616,9168,83914,90216,5726,347
Income from equity method investments      175
Other undisclosed income from continuing operations before income taxes7,9258,4227,9576,3004,9104,1203,438
Income (loss) from continuing operations before income taxes:(2,856)18,46824,87315,13919,81220,6929,960
Income tax expense (benefit)(965)(3,493)(4,920)14,708(6,479)(7,005)(3,442)
Net income (loss):(3,821)14,97519,95329,84713,33313,6876,518
Net loss attributable to noncontrolling interest(1,355)(1,072)(583)(397)(357)(342)(294)
Net income (loss) attributable to parent:(5,176)13,90319,37029,45012,97613,3456,224
Preferred stock dividends and other adjustments(193)(3)     
Net income (loss) available to common stockholders, basic:(5,369)13,90019,37029,45012,97613,3456,224
Dilutive securities, effect on basic earnings per share23211913131313
Net income (loss) available to common stockholders, diluted:(5,346)13,92119,38929,46312,98913,3586,237

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(3,821)14,97519,95329,84713,33313,6876,518
Other comprehensive income (loss)(1,199)1,212(2,142)522(353)(2,743)180
Comprehensive income (loss):(5,020)16,18717,81130,36912,98010,9446,698
Comprehensive loss, net of tax, attributable to noncontrolling interest(1,296)(1,063)(551)(392)(377)(326)(294)
Comprehensive income (loss), net of tax, attributable to parent:(6,316)15,12417,26029,97712,60310,6186,404

Statements sources

The financial statements are based on the company's filings with the 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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