Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 4,583	$ 2,880
Accounts receivable, net of allowances of $918 and $845	19,771	17,513
Inventories	1,116	1,202
Assets held for sale		882
Prepaid expenses and other	3,353	3,918
Total current assets	28,823	26,395
Plant, property and equipment	239,226	232,215
Less accumulated depreciation	152,705	147,464
Plant, property and equipment, net	86,521	84,751
Investments in unconsolidated businesses	1,075	1,110
Wireless licenses	88,004	86,673
Goodwill	28,527	27,205
Other intangible assets, net	11,143	8,897
Non-current assets held for sale	90	613
Other assets	8,795	8,536
Total assets	252,978	244,180
Current liabilities
Debt maturing within one year	1,153	2,645
Accounts payable and accrued liabilities	17,825	19,593
Other	8,780	8,102
Total current liabilities	27,758	30,340
Long-term debt	116,390	105,433
Employee benefit obligations	21,775	26,166
Deferred income taxes	47,506	45,964
Other liabilities	12,788	12,245
Equity
Series preferred stock ($.10 par value; none issued)
Common stock ($.10 par value; 4,242,374,240 shares issued in each period)	424	424
Contributed capital	11,099	11,182
Reinvested earnings	18,159	15,059
Accumulated other comprehensive income	2,284	2,673
Common stock in treasury, at cost	(7,142)	(7,263)
Deferred compensation - employee stock ownership plans and other	365	449
Noncontrolling interests	1,572	1,508
Total equity	26,761	24,032
Total liabilities and equity	$ 252,978	$ 244,180

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.