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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net income $ 3,751 $ 4,453
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,047 4,631
Provision for uncollectible accounts 472 477
Deferred income tax expense 479 529
Net (gain) loss on investments, net of impairments 201 (93)
Pension and postretirement benefit expense (credit) (471) (670)
Asset impairments and abandonments and restructuring 159 0
Changes in operating assets and liabilities:    
Receivables 512 620
Other current assets 629 364
Accounts payable and other accrued liabilities (3,497) (3,409)
Equipment installment receivables and related sales 24 (243)
Deferred customer contract acquisition and fulfillment costs 103 (22)
Postretirement claims and contributions (54) (89)
Other - net 192 130
Total adjustments 3,796 2,225
Net Cash Provided by Operating Activities 7,547 6,678
Investing Activities    
Capital expenditures (3,758) (4,335)
Acquisitions, net of cash acquired (211) (291)
Dispositions 8 15
Distributions from DIRECTV in excess of cumulative equity in earnings 194 774
(Purchases), sales and settlements of securities and investments, net 1,079 19
Other - net (273) 0
Net Cash Used in Investing Activities (2,961) (3,818)
Financing Activities    
Net change in short-term borrowings with original maturities of three months or less 1,933 (536)
Issuance of other short-term borrowings 491 3,627
Repayment of other short-term borrowings (1,996) 0
Issuance of long-term debt 0 3,366
Repayment of long-term debt (4,685) (5,945)
Repayment of note payable to DIRECTV 0 (130)
Payment of vendor financing (841) (2,113)
Purchase of treasury stock (157) (188)
Issuance of treasury stock 0 3
Dividends paid (2,034) (2,014)
Other - net (526) 219
Net Cash Used in Financing Activities (7,815) (3,711)
Net increase (decrease) in cash and cash equivalents and restricted cash (3,229) (851)
Cash and cash equivalents and restricted cash beginning of year 6,833 3,793
Cash and Cash Equivalents and Restricted Cash End of Period $ 3,604 $ 2,942