Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 4,194	$ 2,065
Accounts receivable	27,261	26,102
Less Allowance for credit losses	1,152	1,017
Accounts receivable, net	26,109	25,085
Inventories	2,247	2,057
Prepaid expenses and other	7,973	7,607
Total current assets	40,523	36,814
Property, plant and equipment	331,406	320,108
Less Accumulated depreciation	222,884	211,798
Property, plant and equipment, net	108,522	108,310
Investments in unconsolidated businesses	842	953
Wireless licenses	156,613	155,667
Goodwill	22,841	22,843
Other intangible assets, net	11,129	11,057
Operating lease right-of-use assets	24,472	24,726
Other assets	19,769	19,885
Total assets	384,711	380,255
Current liabilities
Debt maturing within one year	22,633	12,973
Accounts payable and accrued liabilities	23,374	23,453
Current operating lease liabilities	4,415	4,266
Other current liabilities	14,349	12,531
Total current liabilities	64,771	53,223
Long-term debt	121,381	137,701
Employee benefit obligations	11,997	13,189
Deferred income taxes	46,732	45,781
Non-current operating lease liabilities	19,928	20,002
Other liabilities	19,327	16,560
Total long-term liabilities	219,365	233,233
Commitments and Contingencies
Equity
Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued)	0	0
Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period)	429	429
Additional paid in capital	13,466	13,631
Retained earnings	89,110	82,915
Accumulated other comprehensive loss	(923)	(1,380)
Common stock in treasury, at cost (81,753,488 and 87,172,997 shares outstanding)	(3,583)	(3,821)
Deferred compensation – employee stock ownership plans (ESOPs) and other	738	656
Noncontrolling interests	1,338	1,369
Total equity	100,575	93,799
Total liabilities and equity	$ 384,711	$ 380,255