Additional Financial Information

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Additional Financial Information

Note 15. Additional Financial Information

The following tables provide additional financial information related to our consolidated financial statements:

Income Statement Information

	(dollars in millions)
Years Ended December 31,	2022		2021		2020
Depreciation expense	$	14,592	$	14,119	$	14,275
Interest costs on debt balances	5,429		5,148		4,632
Net amortization of debt discount	214		178		170
Capitalized interest costs	(2,030)		(1,841)		(555)
Advertising expense	3,556		3,394		3,107
	(dollars in millions)
Years Ended December 31,	2022		2021		2020
Other income (expense), net
Interest income	$	146	$	48	$	65
Other components of net periodic benefit (cost) income	2,386		3,785		(425)
Net debt extinguishment losses	(1,077)		(3,541)		(129)
Other, net	(82)		20		(50)
	$	1,373	$	312	$	(539)

Balance Sheet Information

	(dollars in millions)
At December 31,	2022		2021
Prepaid expenses and other
Prepaid taxes	$	167	$	1,093
Deferred contract costs	2,629		2,432
Collateral payments related to derivative contracts	2,286		21
Restricted cash	1,343		1,094
Other prepaid expense and other	1,933		2,266
	$	8,358	$	6,906
Accounts payable and accrued liabilities
Accounts payable	$	8,750	$	8,040
Accrued expenses	7,824		9,123
Accrued vacation, salaries and wages	3,950		4,485
Interest payable	1,577		1,561
Taxes payable	1,876		1,624
	$	23,977	$	24,833
Other current liabilities
Dividends payable	$	2,764	$	2,709
Contract liability	6,583		6,053
Other	2,750		2,263
	$	12,097	$	11,025

As of December 31, 2022 and 2021, Property, plant and equipment includes approximately $6.0 billion and $5.9 billion of additions that have not yet been paid.

Cash Flow Information

	(dollars in millions)
Years Ended December 31,	2022		2021		2020
Cash Paid
Interest, net of amounts capitalized	$	3,316	$	3,435	$	4,420
Income taxes, net of amounts refunded	2,736		3,040		2,725
Other, net Cash Flows from Operating Activities
Changes in device payment plan agreement non-current receivables	$	(4,919)	$	(2,438)	$	558
Net debt extinguishment losses	1,077		3,541		129
Loss on spectrum licenses	—		223		1,195
Gain on disposition of Media business	—		(1,051)		—
Other, net	64		(368)		898
	$	(3,778)	$	(93)	$	2,780
Other, net Cash Flows from Financing Activities
Net debt related costs(1)	$	(366)	$	(2,309)	$	(1,055)
Other, net	(1,706)		(1,523)		(1,648)
	$	(2,072)	$	(3,832)	$	(2,703)
(1) These costs include the premiums paid for the early extinguishment of debt, fees paid in connection with exchange and tender offers, and settlements of associated instruments.