Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

		2016 Calendar Quarter
		First		Second		Third		Fourth¹		Annual
Total Operating Revenues		$	40,535	$	40,520	$	40,890	$	41,841	$	163,786
Operating Income			7,131		6,560		6,408		4,248		24,347
Net Income			3,885		3,515		3,418		2,515		13,333
Net Income Attributable to AT&T			3,803		3,408		3,328		2,437		12,976
Basic Earnings Per Share
Attributable to AT&T²		$	0.62	$	0.55	$	0.54	$	0.39	$	2.10
Diluted Earnings Per Share
Attributable to AT&T²		$	0.61	$	0.55	$	0.54	$	0.39	$	2.10
Stock Price
High		$	39.45	$	43.21	$	43.47	$	42.73
Low			33.51		37.86		39.71		36.13
Close			39.17		43.21		40.61		42.53
¹	Includes an actuarial loss on pension and postretirement benefit plans (Note 12), asset impairment charge (Note 1) and change in
	accounting estimate (Note 1).
²	Quarterly earnings per share impacts may not add to full-year earnings per share impacts due to the difference in weighted-average
	common shares for the quarters versus the weighted-average common shares for the year.

		2015 Calendar Quarter
		First		Second		Third		Fourth¹		Annual
Total Operating Revenues		$	32,576	$	33,015	$	39,091	$	42,119	$	146,801
Operating Income			5,557		5,773		5,923		7,532		24,785
Net Income			3,339		3,184		3,078		4,086		13,687
Net Income Attributable to AT&T			3,263		3,082		2,994		4,006		13,345
Basic Earnings Per Share
Attributable to AT&T²		$	0.63	$	0.59	$	0.50	$	0.65	$	2.37
Diluted Earnings Per Share
Attributable to AT&T²		$	0.63	$	0.59	$	0.50	$	0.65	$	2.37
Stock Price
High		$	35.07	$	36.45	$	35.93	$	34.99
Low			32.41		32.37		30.97		32.17
Close			32.65		35.52		32.58		34.41
¹	Includes an actuarial gain on pension and postretirement benefit plans (Note 12) and asset abandonment charges (Note 6).
²	Quarterly earnings per share impacts may not add to full-year earnings per share impacts due to the difference in weighted-average
	common shares for the quarters versus the weighted-average common shares for the year.