Equipment Installment Plan Receivables (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of Equipment Installment Plan Receivables

The following table summarizes the EIP receivables:



(in millions)	March 31, 2017			December 31, 2016
EIP receivables, gross	$	3,159		$	3,230
Unamortized imputed discount	(202		)	(195		)
EIP receivables, net of unamortized imputed discount	2,957			3,035
Allowance for credit losses	(102		)	(121		)
EIP receivables, net	$	2,855		$	2,914

Classified on the balance sheet as:
Equipment installment plan receivables, net	$	1,880		$	1,930
Equipment installment plan receivables due after one year, net	975			984
EIP receivables, net	$	2,855		$	2,914

Schedule of Equipment Installment Plan Receivables by Credit Category

The balance and aging of the EIP receivables on a gross basis by credit category were as follows:



	March 31, 2017						December 31, 2016
(in millions)	Prime		Subprime		Total		Prime		Subprime		Total
Unbilled	$	1,274	$	1,694	$	2,968	$	1,343	$	1,686	$	3,029
Billed – Current	49		76		125		51		77		128
Billed – Past Due	24		42		66		25		48		73
EIP receivables, gross	$	1,347	$	1,812	$	3,159	$	1,419	$	1,811	$	3,230

Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables

Activity for the three months ended March 31, 2017 and 2016, in the unamortized imputed discount and allowance for credit losses balances for the EIP receivables was as follows:



(in millions)	March 31, 2017			March 31, 2016
Imputed discount and allowance for credit losses, beginning of period	$	316		$	333
Bad debt expense	56			62
Write-offs, net of recoveries	(75		)	(81		)
Change in imputed discount on short-term and long-term EIP receivables	48			28
Impacts from sales of EIP receivables	(41		)	(19		)
Imputed discount and allowance for credit losses, end of period	$	304		$	323