Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of detailed information about property, plant and equipment [abstract]

Summary of Changes in Property and Equipment Account

Changes in property and equipment account for the years ended December 31, 2022, 2021 and 2020 are as follows:

	Cable and wire facilities			Central equipment			Network facilities			Buildings			Vehicles, furniture and other network equipment			Information origination and termination equipment			Land improvements			IT systems and platforms			Security platforms			Property under construction			Total
	(in million pesos)
December 31, 2020
Cost		205,338			3,134			298,169			23,647			41,856			46,885			4,427			23,868			104			50,060			697,488
Accumulated depreciation, impairment and    amortization		(147,048	)		(2,585	)		(186,566	)		(18,674	)		(35,260	)		(29,545	)		(279	)		(16,651	)		(12	)		—			(436,620	)
Net book value		58,290			549			111,603			4,973			6,596			17,340			4,148			7,217			92			50,060			260,868
December 31, 2020
Net book value at beginning of the year		58,290			549			111,603			4,973			6,596			17,340			4,148			7,217			92			50,060			260,868
Additions (Note 4)		1,306			906			141			145			570			5,678			43			23			145			80,026			88,983
Disposals/Retirements		(9	)		(1	)		(81	)		(27	)		(52	)		—			(163	)		—			—			—			(333	)
Reclassifications		—			1,850			—			2,795			55			—			—			—			—			(4,554	)		146
Impairment losses recognized during the year (Note 5)		(27	)		—			(121	)		—			—			—			—			—			—			—			(148	)
Transfers and others		22,641			—			30,328			629			195			10,077			145			4,900			107			(69,022	)		—
Translation differences charged directly    to cumulative translation adjustments		—			—			1			—			(1	)		—			—			1			—			—			1
Adjustments		8			—			—			(8	)		—			—			—			—			—			—			—
Depreciation and amortization		(10,676	)		(552	)		(23,282	)		(1,091	)		(2,124	)		(5,245	)		(10	)		(3,635	)		(166	)		—			(46,781	)
Net book value at end of the year		71,533			2,752			118,589			7,416			5,239			27,850			4,163			8,506			178			56,510			302,736
December 31, 2021
Cost		229,160			5,896			327,195			26,838			40,586			62,595			4,451			27,099			355			56,510			780,685
Accumulated depreciation, impairment and    amortization		(157,627	)		(3,144	)		(208,606	)		(19,422	)		(35,347	)		(34,745	)		(288	)		(18,593	)		(177	)		—			(477,949	)
Net book value		71,533			2,752			118,589			7,416			5,239			27,850			4,163			8,506			178			56,510			302,736
December 31, 2022
Net book value at beginning of the year		71,533			2,752			118,589			7,416			5,239			27,850			4,163			8,506			178			56,510			302,736
Additions (Note 4)		194			265			3,656			31			731			6,389			28			8			—			85,508			96,810
Telecom assets additions subject to subsequent    sale and leaseback from tower companies		—			—			16,841			—			—			—			—			—			—			—			16,841
Disposals/Retirements		(5	)		—			(6,529	)		(1	)		(158	)		—			(7	)		(20	)		—			(7,976	)		(14,696	)
Reclassifications		11			—			—			—			—			—			—			—			—			(11	)		—
Reclassifications to assets held-for-sale		—			—			(12,372	)		—			—			—			—			—			—			(3,641	)		(16,013	)
Impairment losses recognized during the year (Note 5)		(112	)		—			(66	)		—			(131	)		—			—			—			—			—			(309	)
Transfers and others		32,323			666			24,155			724			412			8,445			120			8,092			21			(74,958	)		—
Translation differences charged directly    to cumulative translation adjustments		—			—			—			—			1			—			—			1			—			—			2
Adjustments		7			512			—			(2	)		(240	)		—			—			—			—			(5	)		272
Acquisition through business combinations		—			—			—			23			77			—			—			—			—			—			100
Depreciation and amortization (Note 3)		(32,994	)		(589	)		(42,311	)		(1,545	)		(1,774	)		(7,898	)		(32	)		(5,789	)		(66	)		—			(92,998	)
Net book value at end of the year		70,957			3,606			101,963			6,646			4,157			34,786			4,272			10,798			133			55,427			292,745
December 31, 2022
Cost		261,429			7,338			328,729			26,788			40,572			77,429			4,591			35,095			377			55,427			837,775
Accumulated depreciation, impairment and    amortization		(190,472	)		(3,732	)		(226,766	)		(20,142	)		(36,415	)		(42,643	)		(319	)		(24,297	)		(244	)		—			(545,030	)
Net book value		70,957			3,606			101,963			6,646			4,157			34,786			4,272			10,798			133			55,427			292,745

Summary of Estimated Useful Lives of Property and Equipment

As at December 31, 2022, the estimated useful lives of our property and equipment are as follows:

Cable and wire facilities	5 – 15 years
Central equipment	3 – 15 years
Network facilities	3 – 15 years
Buildings	25 – 50 years
Vehicles, furniture and other network equipment	3 – 15 years
Information origination and termination equipment	5 – 15 years
Land improvements	10 years
IT systems and platforms	3 – 5 years
Security platforms	3 – 5 years
Leasehold improvements	3 – 10 years or the term of the lease, whichever is shorter

Summary of Completed Sales

The following summarizes the completed sale of Smart and DMPI as at 2022:

Closing Date	Number of Tower Assets Sold		Cash Consideration		Net Book Value of Tower Assets (excluding taxes)
			(in million pesos)
June 1, 2022		3,012		39,228		12,937
August 1, 2022		1,013		13,190		5,253
September 1, 2022		151		1,801		1,606
October 3, 2022		259		3,529		1,377
December 9, 2022		230		2,744		1,701
		4,665		60,492		22,874