Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities
Net Income	$ 9,126	$ 9,234
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	8,331	8,463
Employee retirement benefits	(32)	(294)
Deferred income taxes	(120)	588
Provision for expected credit losses	831	738
Equity in losses of unconsolidated businesses, net of dividends received	46	50
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses	3,297	(4,593)
Discretionary employee benefits contributions	0	(300)
Other, net	2,073	1,950
Net cash provided by operating activities	23,552	15,836
Cash Flows from Investing Activities
Capital expenditures (including capitalized software)	(9,850)	(7,967)
Acquisitions of businesses, net of cash acquired	(399)	(28)
Acquisitions of wireless licenses	(1,801)	(199)
Other, net	(74)	(395)
Net cash used in investing activities	(12,124)	(8,589)
Cash Flows from Financing Activities
Proceeds from long-term borrowings	9,305	6,237
Proceeds from asset-backed long-term borrowings	2,844	3,982
Repayments of long-term borrowings and finance lease obligations	(8,533)	(9,630)
Repayments of asset-backed long-term borrowings	(4,612)	(2,817)
Dividends paid	(5,090)	(4,981)
Other, net	(146)	(834)
Net cash used in financing activities	(6,232)	(8,043)
Increase (decrease) in cash, cash equivalents and restricted cash	5,196	(796)
Cash, cash equivalents and restricted cash, beginning of period	3,917	3,916
Cash, Cash equivalents and restricted cash, end of period (Note 1)	$ 9,113	$ 3,120