v3.25.2
Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting
Note 11 – Segment Reporting

We manage our business activities on a consolidated basis and operate as a single operating segment: Wireless. We primarily derive our revenue in the United States by providing wireless communications services to customers using our wireless networks and selling devices that provide customers access to our wireless networks. The accounting policies of the Wireless segment are the same as those described in Part II, Item 8, Note 1 – Summary of Significant Accounting Policies of our Annual Report on Form 10-K for the year ended December 31, 2024.

Our chief operating decision maker (“CODM”) is our President and Chief Executive Officer, G. Michael Sievert. The CODM uses Net income, as reported on our Condensed Consolidated Statements of Comprehensive Income, in evaluating performance of the Wireless segment and determining how to allocate resources of the Company as a whole, including investing in our networks and customers, stockholder return programs and acquisition strategy. The CODM does not review assets in evaluating the results of the Wireless segment, and therefore, such information is not presented.

The following table provides the operating financial results of our Wireless segment:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2025202420252024
Total revenues$21,132 $19,772 $42,018 $39,366 
Less: Significant and other segment expenses
Cost of equipment sales4,659 4,088 9,457 8,487 
Employee expenses 1,902 1,725 3,811 3,408 
Lease expense1,258 1,257 2,465 2,525 
Advertising expense864 741 1,676 1,389 
Bad debt expense265 255 588 537 
Other segment items (1)
3,825 3,828 7,664 7,773 
Depreciation and amortization3,146 3,248 6,344 6,619 
Interest expense, net922 854 1,838 1,734 
Other expense (income), net11 8 57 (12)
Income tax expense1,058 843 1,943 1,607 
Segment net income$3,222 $2,925 $6,175 $5,299 
(1)Other segment items included in Segment net income primarily includes certain third-party commissions, external labor and services and backhaul expenses.