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Receivables and Related Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of Equipment Installment Plan Receivables The following table summarizes the EIP receivables, including imputed discounts and related allowance for credit losses:
(in millions)June 30,
2023
December 31,
2022
EIP receivables, gross$7,499 $8,480 
Unamortized imputed discount(451)(483)
EIP receivables, net of unamortized imputed discount7,048 7,997 
Allowance for credit losses(303)(328)
EIP receivables, net of allowance for credit losses and imputed discount$6,745 $7,669 
Classified on our condensed consolidated balance sheets as:
Equipment installment plan receivables, net of allowance for credit losses and imputed discount$4,779 $5,123 
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount1,966 2,546 
EIP receivables, net of allowance for credit losses and imputed discount$6,745 $7,669 
Schedule of Equipment Installment Plan Receivables by Credit Category
The following table presents the amortized cost of our EIP receivables by delinquency status, customer credit class and year of origination as of June 30, 2023:
Originated in 2023Originated in 2022Originated prior to 2022Total EIP Receivables, net of
unamortized imputed discounts
(in millions)PrimeSubprimePrimeSubprimePrimeSubprimePrimeSubprimeGrand total
Current - 30 days past due$1,586 $1,216 $1,905 $1,294 $609 $315 $4,100 $2,825 $6,925 
31 - 60 days past due12 10 17 21 32 53 
61 - 90 days past due13 12 23 35 
More than 90 days past due15 12 23 35 
EIP receivables, net of unamortized imputed discount$1,599 $1,239 $1,929 $1,339 $617 $325 $4,145 $2,903 $7,048 
Schedule of Write Offs Net of Recoveries
The following table presents write-offs of our EIP receivables by year of origination for the six months ended June 30, 2023:
(in millions)Originated in 2023Originated in 2022Originated prior to 2022Total write-offs
Write-offs$21 $179 $55 $255 
Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables Activity for the six months ended June 30, 2023 and 2022, in the allowance for credit losses and unamortized imputed discount balances for the accounts receivable and EIP receivables segments were as follows:
June 30, 2023June 30, 2022
(in millions)Accounts Receivable AllowanceEIP Receivables AllowanceTotalAccounts Receivable AllowanceEIP Receivables AllowanceTotal
Allowance for credit losses and imputed discount, beginning of period$167 $811 $978 $146 $630 $776 
Bad debt expense205 230 435 201 320 521 
Write-offs(221)(255)(476)(170)(240)(410)
Change in imputed discount on short-term and long-term EIP receivablesN/A75 75 N/A75 75 
Impact on the imputed discount from sales of EIP receivablesN/A(107)(107)N/A(63)(63)
Allowance for credit losses and imputed discount, end of period$151 $754 $905 $177 $722 $899