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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 7,882 $ 2,594
Accounts receivable 23,742 26,162
Less Allowance for credit losses 1,070 0
Less Allowance for doubtful accounts 0 733
Accounts receivable, net (Note 1) 22,672 25,429
Inventories 1,289 1,422
Prepaid expenses and other 5,490 8,028
Total current assets 37,333 37,473
Property, plant and equipment 272,714 265,734
Less Accumulated depreciation 179,960 173,819
Property, plant and equipment, net 92,754 91,915
Investments in unconsolidated businesses 529 558
Wireless licenses 95,767 95,059
Goodwill 24,667 24,389
Other intangible assets, net 9,600 9,498
Operating lease right-of-use assets 22,431 22,694
Other assets 10,178 10,141
Total assets 293,259 291,727
Current liabilities    
Debt maturing within one year 6,651 10,777
Accounts payable and accrued liabilities 19,297 21,806
Current operating lease liabilities 3,270 3,261
Other current liabilities 9,668 9,024
Total current liabilities 38,886 44,868
Long-term debt 106,190 100,712
Employee benefit obligations 17,821 17,952
Deferred income taxes 33,798 34,703
Non-current operating lease liabilities 18,158 18,393
Other liabilities 14,293 12,264
Total long-term liabilities 190,260 184,024
Commitments and Contingencies
Equity    
Series preferred stock 0 0
Common stock 429 429
Additional paid in capital 13,281 13,419
Retained earnings 56,746 53,147
Accumulated other comprehensive income (loss) (1,274) 998
shares outstanding) (6,722) (6,820)
Deferred compensation – employee stock ownership plans and other 237 222
Noncontrolling interests 1,416 1,440
Total equity 64,113 62,835
Total liabilities and equity $ 293,259 $ 291,727
Common stock, shares issued (in shares) 4,291,433,646 4,291,433,646