Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Sep. 30, 2022

Reconciliation of Revenues to Segment Contribution


For the three months ended September 30, 2023
	Revenues		Operations and Support Expenses		EBITDA		Depreciation and Amortization		Operating Income (Loss)
Communications
Mobility	$	20,692	$	11,795	$	8,897	$	2,134	$	6,763
Business Wireline	5,221		3,526		1,695		1,345		350
Consumer Wireline	3,331		2,300		1,031		871		160
Total Communications	29,244		17,621		11,623		4,350		7,273
Latin America - Mexico	992		837		155		184		(29)
Segment Total	30,236		18,458		11,778		4,534		7,244
Corporate and Other
Corporate:
DTV-related retained costs	—		167		(167)		144		(311)
Parent administration support	(1)		333		(334)		1		(335)
Securitization fees	25		164		(139)		—		(139)
Value portfolio	90		25		65		5		60
Total Corporate	114		689		(575)		150		(725)
Certain significant items	—		716		(716)		21		(737)
Total Corporate and Other	114		1,405		(1,291)		171		(1,462)
AT&T Inc.	$	30,350	$	19,863	$	10,487	$	4,705	$	5,782


For the three months ended September 30, 2022
	Revenues		Operations and Support Expenses		EBITDA		Depreciation and Amortization		Operating Income (Loss)
Communications
Mobility	$	20,278	$	12,010	$	8,268	$	2,042	$	6,226
Business Wireline	5,668		3,705		1,963		1,342		621
Consumer Wireline	3,185		2,243		942		800		142
Total Communications	29,131		17,958		11,173		4,184		6,989
Latin America - Mexico	785		684		101		164		(63)
Segment Total	29,916		18,642		11,274		4,348		6,926
Corporate and Other
Corporate:
DTV-related retained costs	—		235		(235)		139		(374)
Parent administration support	(6)		317		(323)		2		(325)
Securitization fees	15		103		(88)		—		(88)
Value portfolio	118		32		86		9		77
Total Corporate	127		687		(560)		150		(710)
Certain significant items	—		188		(188)		16		(204)
Total Corporate and Other	127		875		(748)		166		(914)
AT&T Inc.	$	30,043	$	19,517	$	10,526	$	4,514	$	6,012


For the nine months ended September 30, 2023
	Revenues		Operations and Support Expenses		EBITDA		Depreciation and Amortization		Operating Income (Loss)
Communications
Mobility	$	61,589	$	35,587	$	26,002	$	6,355	$	19,647
Business Wireline	15,831		10,699		5,132		4,008		1,124
Consumer Wireline	9,821		6,810		3,011		2,589		422
Total Communications	87,241		53,096		34,145		12,952		21,193
Latin America - Mexico	2,842		2,396		446		544		(98)
Segment Total	90,083		55,492		34,591		13,496		21,095
Corporate and Other
Corporate:
DTV-related retained costs	—		514		(514)		440		(954)
Parent administration support	(13)		1,039		(1,052)		4		(1,056)
Securitization fees	61		439		(378)		—		(378)
Value portfolio	275		77		198		16		182
Total Corporate	323		2,069		(1,746)		460		(2,206)


Certain significant items	—		644		(644)		55		(699)

Total Corporate and Other	323		2,713		(2,390)		515		(2,905)
AT&T Inc.	$	90,406	$	58,205	$	32,201	$	14,011	$	18,190


For the nine months ended September 30, 2022
	Revenues		Operations and Support Expenses		EBITDA		Depreciation and Amortization		Operating Income (Loss)
Communications
Mobility	$	60,279	$	36,198	$	24,081	$	6,118	$	17,963
Business Wireline	16,903		11,199		5,704		3,954		1,750
Consumer Wireline	9,520		6,723		2,797		2,351		446
Total Communications	86,702		54,120		32,582		12,423		20,159
Latin America - Mexico	2,283		2,036		247		494		(247)
Segment Total	88,985		56,156		32,829		12,917		19,912
Corporate and Other
Corporate:
DTV-related retained costs	8		634		(626)		408		(1,034)
Parent administration support	(24)		1,005		(1,029)		12		(1,041)
Securitization fees	48		263		(215)		—		(215)
Value portfolio	381		106		275		29		246
Total Corporate	413		2,008		(1,595)		449		(2,044)
Certain significant items	—		1,303		(1,303)		60		(1,363)
Total Corporate and Other	413		3,311		(2,898)		509		(3,407)
AT&T Inc.	$	89,398	$	59,467	$	29,931	$	13,426	$	16,505

Reconciliation of Segment Contributions to Income Before Income Taxes

The following table is a reconciliation of Segment Operating Income to “Income from Continuing Operations Before Income Taxes” reported in our consolidated statements of income:


	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
Communications	$	7,273	$	6,989	$	21,193	$	20,159
Latin America	(29)		(63)		(98)		(247)
Segment Operating Income	7,244		6,926		21,095		19,912
Reconciling Items:
Corporate	(725)		(710)		(2,206)		(2,044)
Transaction and other costs	(72)		(58)		(72)		(341)
Amortization of intangibles acquired	(21)		(16)		(55)		(60)
Asset impairments and abandonments and restructuring	(604)		(114)		(604)		(745)
Benefit-related gains (losses)	(40)		(16)		32		(217)



AT&T Operating Income	5,782		6,012		18,190		16,505
Interest expense	1,662		1,420		4,978		4,548
Equity in net income of affiliates	420		392		1,338		1,417
Other income (expense) — net	440		2,270		2,362		6,729
Income from Continuing Operations Before Income Taxes	$	4,980	$	7,254	$	16,912	$	20,103