v3.25.2
Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating Revenues        
Total operating revenues $ 30,847 $ 29,797 $ 61,473 $ 59,825
Cost of revenues        
Other cost of revenues (exclusive of depreciation and amortization shown separately below) 6,412 6,627 12,751 13,438
Selling, general and administrative 6,945 7,043 14,090 14,064
Asset impairments and abandonments and restructuring 0 480 504 639
Depreciation and amortization 5,251 5,072 10,441 10,119
Total operating expenses 24,346 24,037 49,218 48,218
Operating Income 6,501 5,760 12,255 11,607
Other Income (Expense)        
Interest expense (1,655) (1,699) (3,313) (3,423)
Equity in net income of affiliates 485 348 1,925 643
Other income (expense) — net 767 682 1,222 1,133
Total other income (expense) (403) (669) (166) (1,647)
Income Before Income Taxes 6,098 5,091 12,089 9,960
Income tax expense 1,237 1,142 2,536 2,260
Net Income 4,861 3,949 9,553 7,700
Net Income Attributable to Noncontrolling Interest (361) (352) (702) (658)
Net Income Attributable to AT&T 4,500 3,597 8,851 7,042
Preferred Stock Dividends and Redemption Gain (36) (51) 8 (101)
Net Income Attributable to Common Stock $ 4,464 $ 3,546 $ 8,859 $ 6,941
Basic earnings per share attributable to Common Stock (in dollars per share) $ 0.62 $ 0.49 $ 1.22 $ 0.96
Diluted earnings per share (in dollars per share) $ 0.62 $ 0.49 $ 1.22 $ 0.96
Weighted Average Number of Common Shares Outstanding - Basic (in millions) (in shares) 7,209 7,196 7,211 7,194
Weighted Average Number of Common Shares Outstanding - with Dilution (in millions) (in shares) 7,219 7,198 7,221 7,195
Service        
Operating Revenues        
Total operating revenues $ 25,292 $ 25,006 $ 50,430 $ 49,848
Equipment        
Operating Revenues        
Total operating revenues 5,555 4,791 11,043 9,977
Cost of revenues        
Equipment $ 5,738 $ 4,815 $ 11,432 $ 9,958