Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 3,435	$ 4,194
Accounts receivable	27,440	27,261
Less Allowance for credit losses	1,165	1,152
Accounts receivable, net	26,275	26,109
Inventories	2,137	2,247
Prepaid expenses and other	6,999	7,973
Total current assets	38,846	40,523
Property, plant and equipment	332,529	331,406
Less Accumulated depreciation	224,460	222,884
Property, plant and equipment, net	108,069	108,522
Investments in unconsolidated businesses	807	842
Wireless licenses	156,820	156,613
Goodwill	22,841	22,841
Other intangible assets, net	10,635	11,129
Operating lease right-of-use assets	23,949	24,472
Other assets	21,318	19,769
Total assets	383,285	384,711
Current liabilities
Debt maturing within one year	22,067	22,633
Accounts payable and accrued liabilities	19,880	23,374
Current operating lease liabilities	4,731	4,415
Other current liabilities	14,274	14,349
Total current liabilities	60,952	64,771
Long-term debt	123,929	121,381
Employee benefit obligations	11,170	11,997
Deferred income taxes	46,568	46,732
Non-current operating lease liabilities	19,164	19,928
Other liabilities	17,141	19,327
Total long-term liabilities	217,972	219,365
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	13,412	13,466
Retained earnings	93,275	89,110
Accumulated other comprehensive loss	(1,475)	(923)
Common stock in treasury, at cost (75,108,838 and 81,753,488 shares outstanding)	(3,292)	(3,583)
Deferred compensation – employee stock ownership plans (ESOPs) and other	714	738
Noncontrolling interests	1,298	1,338
Total equity	104,361	100,575
Total liabilities and equity	$ 383,285	$ 384,711