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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Revenues $ 11,113 $ 11,080
Operating expenses    
Selling, general and administrative 3,688 3,442
Depreciation and amortization 1,718 1,600
Total operating expenses 9,574 9,604
Operating income 1,539 1,476
Other income (expense)    
Interest expense (185) (179)
Interest expense to affiliates (99) (109)
Interest income 12 8
Other (expense) income, net (10) 7
Total other expense, net (282) (273)
Income before income taxes 1,257 1,203
Income tax expense (306) (295)
Net income 951 908
Net income 951 908
Other comprehensive loss, net of tax    
Unrealized loss on cash flow hedges, net of tax effect of $(276) and $(66) (792) (189)
Other comprehensive income (loss) (792) (189)
Total comprehensive income $ 159 $ 719
Earnings per share    
Basic (in USD per share) $ 1.11 $ 1.07
Diluted (in USD per share) $ 1.10 $ 1.06
Weighted average shares outstanding    
Basic (in shares) 858,148,284 851,223,498
Diluted (in shares) 865,998,532 858,643,481
Branded postpaid revenues    
Revenues    
Revenues $ 5,887 $ 5,493
Branded prepaid revenues    
Revenues    
Revenues 2,373 2,386
Wholesale revenues    
Revenues    
Revenues 325 304
Roaming and other service revenues    
Revenues    
Revenues 128 94
Service    
Revenues    
Revenues 8,713 8,277
Operating expenses    
Cost of services and equipment sales 1,639 1,546
Equipment    
Revenues    
Revenues 2,117 2,516
Operating expenses    
Cost of services and equipment sales 2,529 3,016
Other revenues    
Revenues    
Revenues $ 283 $ 287