Earnings Per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share

Earnings Per Share [Text Block]

NOTE 2. EARNINGS PER SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per share for the three months and nine months ended September 30, 2019 and 2018, is shown in the table below:

	Three months ended				Nine months ended
	September 30,				September 30,
	2019		2018		2019		2018
Numerators
Numerator for basic earnings per share:
Net Income	$	3,949	$	4,816	$	12,271	$	14,823
Less: Net income attributable to noncontrolling interest		(249)		(98)		(762)		(311)
Net Income attributable to AT&T		3,700		4,718		11,509		14,512
Dilutive potential common shares:
Share-based payment		6		4		16		13
Numerator for diluted earnings per share	$	3,706	$	4,722	$	11,525	$	14,525
Denominators (000,000)
Denominator for basic earnings per share:
Weighted average number of common shares outstanding		7,327		7,284		7,321		6,603
Dilutive potential common shares:
Share-based payment (in shares)		29		36		29		27
Denominator for diluted earnings per share		7,356		7,320		7,350		6,630
Basic earnings per share attributable to AT&T	$	0.50	$	0.65	$	1.57	$	2.19
Diluted earnings per share attributable to AT&T	$	0.50	$	0.65	$	1.57	$	2.19