Financial Data
AT&T Inc.
Segment Results
Dollars in millions
Unaudited
																									YTD			YTD
Business Solutions	3/31/2016			6/30/2016			9/30/2016			12/31/2016			3/31/2017			6/30/2017			9/30/2017			12/31/2017			2016			2017
Segment Operating Revenues
Wireless	$	2,054		$	2,057		$	2,104		$	2,069		$	2,003		$	2,004		$	2,023		$	1,980		$	8,284		$	8,010
Wireless Equipment		338			351			366			472			288			360			340			564			1,527			1,552
Fixed Strategic Services		2,751			2,805			2,913			2,962			2,974			3,028			3,087			3,138			11,431			12,227
Fixed legacy Voice & Data		4,284			4,035			3,900			3,689			3,549			3,424			3,344			3,252			15,908			13,569
Other		913			970			1,000			1,060			878			921			918			1,061			3,943			3,778
Total Segment Operating Revenues		10,340			10,218			10,283			10,252			9,692			9,737			9,712			9,995			41,093			39,136
Segment Operating Expenses
Operations and support expenses		6,564			6,468			6,429			6,592			6,040			6,094			6,137			6,398			26,053			24,669
Depreciation and amortization		1,616			1,645			1,662			1,411			1,465			1,488			1,472			1,498			6,334			5,923
Total Segment Operating Expenses		8,180			8,113			8,091			8,003			7,505			7,582			7,609			7,896			32,387			30,592
Segment Operating Income		2,160			2,105			2,192			2,249			2,187			2,155			2,103			2,099			8,706			8,544
Equity in NI of Affiliates		-			-			-			-			-			-			-			-			-			-
Segment Contribution	$	2,160		$	2,105		$	2,192		$	2,249		$	2,187		$	2,155		$	2,103		$	2,099		$	8,706		$	8,544
Segment Operating Income Margin		20.9	%		20.6	%		21.3	%		21.9	%		22.6	%		22.1	%		21.7	%		21.0	%		21.2	%		21.8	%
																									YTD			YTD
Entertainment Group	3/31/2016			6/30/2016			9/30/2016			12/31/2016			3/31/2017			6/30/2017			9/30/2017			12/31/2017			2016			2017
Segment Operating Revenues
Video Entertainment	$	8,906		$	8,963		$	9,026		$	9,568		$	9,020		$	9,153		$	9,200		$	9,355		$	36,463		$	36,728
High Speed Internet		1,803			1,867			1,892			1,910			1,941			1,927			1,916			1,890			7,472			7,674
Legacy Wired Voice and data services		1,286			1,215			1,142			1,077			1,031			981			926			887			4,720			3,825
Other		639			640			637			628			609			600			585			593			2,544			2,387
Total Segment Operating Revenues		12,634			12,685			12,697			13,183			12,601			12,661			12,627			12,725			51,199			50,614
Segment Operating Expenses
Operations and Support Expenses		9,582			9,570			9,731			10,466			9,605			9,561			9,957			10,317			39,349			39,440
Depreciation and amortization		1,488			1,490			1,505			1,382			1,420			1,458			1,380			1,367			5,865			5,625
Total Segment Operating Expenses		11,070			11,060			11,236			11,848			11,025			11,019			11,337			11,684			45,214			45,065
Segment Operating Income		1,564			1,625			1,461			1,335			1,576			1,642			1,290			1,041			5,985			5,549
Equity in NI of Affiliates		3			(2	)		(1	)		9			(6	)		(12	)		(5	)		(7	)		9			(30	)
Segment Contribution	$	1,567		$	1,623		$	1,460		$	1,344		$	1,570		$	1,630		$	1,285		$	1,034		$	5,994		$	5,519
Segment Operating Income Margin		12.4	%		12.8	%		11.5	%		10.1	%		12.5	%		13.0	%		10.2	%		8.2	%		11.7	%		11.0	%

Financial Data
AT&T Inc.
Segment Results
Dollars in millions
Unaudited
																									YTD			YTD
Consumer Mobility	3/31/2016			6/30/2016			9/30/2016			12/31/2016			3/31/2017			6/30/2017			9/30/2017			12/31/2017			2016			2017
Segment Operating Revenues
Service	$	12,696		$	12,799		$	12,798		$	12,575		$	12,465		$	12,467		$	12,452		$	12,302		$	50,868		$	49,686
Equipment		2,818			2,662			2,863			3,565			2,341			2,624			2,555			4,322			11,908			11,842
Total Segment Operating Revenues		15,514			15,461			15,661			16,140			14,806			15,091			15,007			16,624			62,776			61,528
Segment Operating Expenses
Operations and Support Expenses		9,081			8,991			9,180			10,392			8,560			8,636			8,568			11,103			37,644			36,867
Depreciation and amortization		1,811			1,807			1,819			1,767			1,716			1,716			1,730			1,741			7,204			6,903
Total Segment Operating Expenses		10,892			10,798			10,999			12,159			10,276			10,352			10,298			12,844			44,848			43,770
Segment Operating Income		4,622			4,663			4,662			3,981			4,530			4,739			4,709			3,780			17,928			17,758
Equity in NI of Affiliates		-			-			-			-			-			-			-			-			-			-
Segment Contribution	$	4,622		$	4,663		$	4,662		$	3,981		$	4,530		$	4,739		$	4,709		$	3,780		$	17,928		$	17,758
Segment Operating Income Margin		29.8	%		30.2	%		29.8	%		24.7	%		30.6	%		31.4	%		31.4	%		22.7	%		28.6	%		28.9	%
																									YTD			YTD
International	3/31/2016			6/30/2016			9/30/2016			12/31/2016			3/31/2017			6/30/2017			9/30/2017			12/31/2017			2016			2017
Segment Operating Revenues
Video Entertainment	$	1,130		$	1,222		$	1,297		$	1,261		$	1,341		$	1,361		$	1,363		$	1,391		$	4,910		$	5,456
Wireless		455			489			484			477			475			535			536			501			1,905			2,047
Wireless Equipment		82			117			98			171			113			130			200			323			468			766
Total Segment Operating Revenues		1,667			1,828			1,879			1,909			1,929			2,026			2,099			2,215			7,283			8,269
Segment Operating Expenses
Operations and Support Expenses		1,588			1,723			1,640			1,879			1,759			1,772			1,937			1,936			6,830			7,404
Depreciation and amortization		277			298			293			298			290			311			304			313			1,166			1,218
Total Segment Operating Expenses		1,865			2,021			1,933			2,177			2,049			2,083			2,241			2,249			7,996			8,622
Segment Operating Income		(198	)		(193	)		(54	)		(268	)		(120	)		(57	)		(142	)		(34	)		(713	)		(353	)
Equity in NI of Affiliates		14			9			1			28			20			25			17			25			52			87
Segment Contribution	$	(184	)	$	(184	)	$	(53	)	$	(240	)	$	(100	)	$	(32	)	$	(125	)	$	(9	)	$	(661	)	$	(266	)
Segment Operating Income Margin		-11.9	%		-10.6	%		-2.9	%		-14.0	%		-6.2	%		-2.8	%		-6.8	%		-1.5	%		-9.8	%		-4.3	%