Schedule of Segment Reporting Information, by Segment |
The following table provides the operating financial results of our Wireless segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in millions) | 2025 | | 2024 | | 2025 | | 2024 | | | Total revenues | $ | 21,132 | | | $ | 19,772 | | | $ | 42,018 | | | $ | 39,366 | | | | Less: Significant and other segment expenses | | | | | | | | | | Cost of equipment sales | 4,659 | | | 4,088 | | | 9,457 | | | 8,487 | | | | Employee expenses | 1,902 | | | 1,725 | | | 3,811 | | | 3,408 | | | | Lease expense | 1,258 | | | 1,257 | | | 2,465 | | | 2,525 | | | | Advertising expense | 864 | | | 741 | | | 1,676 | | | 1,389 | | | | Bad debt expense | 265 | | | 255 | | | 588 | | | 537 | | | | Other segment items (1) | 3,825 | | | 3,828 | | | 7,664 | | | 7,773 | | | | | | | | | | | | | | | | | | | | | | | | Depreciation and amortization | 3,146 | | | 3,248 | | | 6,344 | | | 6,619 | | | | Interest expense, net | 922 | | | 854 | | | 1,838 | | | 1,734 | | | | Other expense (income), net | 11 | | | 8 | | | 57 | | | (12) | | | | Income tax expense | 1,058 | | | 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.
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