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Sales Of Receivables (Tables)
 3 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
Schedule of Finance Receivables
The following table sets forth a summary of cash proceeds received, net of remittances paid, from sales of receivables during the three months ended March 31, 2024 and 2023:
Three months ended
March 31,
20242023
Net cash received from equipment installment receivables program1
$121 $10 
Net cash received from revolving receivables program
276 — 
Net cash received (paid) from other programs
— (114)
Total net cash impact to cash flows from operating activities2
$397 $(104)
1Cash from initial sales of $2,874 and $2,529 for the three months ended March 31, 2024 and 2023, respectively.
2Net of facility fees.
The following table sets forth a summary of the receivables and accounts being serviced:
 March 31, 2024December 31, 2023
 Equipment Equipment 
 InstallmentRevolvingInstallmentRevolving
Gross receivables:$3,226 $698 $3,714 $924 
Balance sheet classification
   Accounts receivable
     Notes receivable1,607 — 1,695 — 
     Trade receivables551 698 548 924 
   Other Assets
     Noncurrent notes and trade receivables1,068 — 1,471 — 
Outstanding portfolio of receivables derecognized from
our consolidated balance sheets
$12,490 $1,800 $12,027 $1,500 
Cash proceeds received, net of remittances1
9,539 1,800 9,361 1,500 
1Represents amounts to which financial institutions remain entitled, excluding the beneficial interests.
The following table sets forth a summary of equipment installment receivables sold under this program during the three months ended March 31, 2024 and 2023:
 Three months ended
 March 31,
 20242023
Gross receivables sold1
$2,904 $2,560 
Net receivables sold2
2,757 2,438 
Cash proceeds received2,874 2,529 
Guarantee obligation recorded266 206 
1Receivables net of promotion credits.
2Receivables net of allowance and other reserves.
The following table presents the previously transferred equipment installment receivables, which we repurchased in exchange for the associated beneficial interests during the three months ended March 31, 2024 and 2023:
 Three months ended
 March 31,
 20242023
Fair value of repurchased receivables$718 $541 
Carrying value of beneficial interests721 542 
Gain (loss) on repurchases1
$(3)$(1)
1These gains (losses) are included in “Selling, general and administrative” expense in the consolidated statements of income.
Schedule of Receivables Sold
The following table sets forth a summary of the revolving receivables sold during the three months ended March 31, 2024 and 2023:
 Three months ended
 March 31,
 20242023
Gross receivables sold/cash proceeds received1
$4,174 $— 
Total collections under revolving agreement
3,874 — 
Net cash proceeds received
$300 $— 
Net receivables sold2
$4,063 $— 
1Includes initial sales of receivables of $300 and $0 for the three months ended March 31, 2024 and 2023, respectively.
2Receivables net of allowance and other reserves.