v3.25.2
Receivables and Related Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Equipment Installment Plan Receivables
The following table summarizes the EIP receivables, including imputed discounts and related allowance for credit losses:
(in millions)June 30,
2025		December 31,
2024
EIP receivables, gross$6,977 $7,402 
Unamortized imputed discount(486)(524)
EIP receivables, net of unamortized imputed discount6,491 6,878 
Allowance for credit losses(290)(290)
EIP receivables, net of allowance for credit losses and imputed discount$6,201 $6,588 
Classified on our condensed consolidated balance sheets as:
Equipment installment plan receivables, net of allowance for credit losses and imputed discount$4,226 $4,379 
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount1,975 2,209 
EIP receivables, net of allowance for credit losses and imputed discount$6,201 $6,588 
Schedule of Equipment Installment Plan Receivables by Credit Category
The following table presents the amortized cost of our EIP receivables by delinquency status, customer credit class and year of origination as of June 30, 2025:
Originated in 2025Originated in 2024Originated prior to 2024Total EIP Receivables, Net of
Unamortized Imputed Discount
(in millions)PrimeSubprimePrimeSubprimePrimeSubprimePrimeSubprimeTotal
Current - 30 days past due$2,278 $578 $2,469 $628 $324 $74 $5,071 $1,280 $6,351 
31 - 60 days past due12 15 12 18 2 2 26 35 61 
61 - 90 days past due5 9 10 15 2 2 17 26 43 
More than 90 days past due3 5 9 15 2 2 14 22 36 
EIP receivables, net of unamortized imputed discount$2,298 $607 $2,500 $676 $330 $80 $5,128 $1,363 $6,491 
Schedule of Write Offs Net of Recoveries
The following table presents write-offs of our EIP receivables by year of origination for the six months ended June 30, 2025:
(in millions)Originated in 2025Originated in 2024Originated prior to 2024Total
Write-offs$32 $221 $45 $298 
Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables
Activity for the six months ended June 30, 2025 and 2024, in the allowance for credit losses and unamortized imputed discount balances for the accounts receivable and EIP receivables segments were as follows:
June 30, 2025June 30, 2024
(in millions)Accounts Receivable AllowanceEIP Receivables AllowanceTotalAccounts Receivable AllowanceEIP Receivables AllowanceTotal
Allowance for credit losses and imputed discount, beginning of period$176 $814 $990 $161 $773 $934 
Bad debt expense290 298 588 254 283 537 
Write-offs(294)(298)(592)(255)(283)(538)
Change in imputed discount on short-term and long-term EIP receivablesN/A50 50 N/A45 45 
Impact on the imputed discount from sales of EIP receivablesN/A(88)(88)N/A(99)(99)
Allowance for credit losses and imputed discount, end of period$172 $776 $948 $160 $719 $879