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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 8,983 $ 2,594
Accounts receivable 23,846 26,162
Less Allowance for credit losses 1,229 0
Less Allowance for doubtful accounts 0 733
Accounts receivable, net (Note 1) 22,617 25,429
Inventories 1,457 1,422
Prepaid expenses and other 5,515 8,028
Total current assets 38,572 37,473
Property, plant and equipment 276,210 265,734
Less Accumulated depreciation 183,028 173,819
Property, plant and equipment, net 93,182 91,915
Investments in unconsolidated businesses 535 558
Wireless licenses 95,958 95,059
Goodwill 24,799 24,389
Other intangible assets, net 9,599 9,498
Operating lease right-of-use assets 22,680 22,694
Other assets 11,669 10,141
Total assets 296,994 291,727
Current liabilities    
Debt maturing within one year 5,770 10,777
Accounts payable and accrued liabilities 17,391 21,806
Current operating lease liabilities 3,494 3,261
Other current liabilities 9,530 9,024
Total current liabilities 36,185 44,868
Long-term debt 109,790 100,712
Employee benefit obligations 18,756 17,952
Deferred income taxes 34,567 34,703
Non-current operating lease liabilities 18,155 18,393
Other liabilities 13,011 12,264
Total long-term liabilities 194,279 184,024
Commitments and Contingencies
Equity    
Series preferred stock 0 0
Common stock 429 429
Additional paid in capital 13,404 13,419
Retained earnings 58,473 53,147
Accumulated other comprehensive income (loss) (812) 998
shares outstanding) (6,721) (6,820)
Deferred compensation – employee stock ownership plans and other 296 222
Noncontrolling interests 1,461 1,440
Total equity 66,530 62,835
Total liabilities and equity $ 296,994 $ 291,727
Common stock, shares issued (in shares) 4,291,433,646 4,291,433,646