v3.25.2
Sales Of Receivables (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Finance Receivables
The following table sets forth a summary of cash proceeds received, net of remittances paid, from sales of receivables:
Three months endedSix months ended
June 30,June 30,
2025202420252024
Net cash received (paid) from equipment installment
receivables program1
$(135)$(674)$724 $(553)
Net cash received (paid) from revolving receivables program
(42)(29)91 247 
Total net cash impact to cash flows from operating activities2
$(177)$(703)$815 $(306)
1Cash from initial sales of $2,779 and $2,532 for the three months and $6,577 and $5,406 for the six months ended June 30, 2025 and 2024, respectively.
2Net of facility fees.
The following table sets forth a summary of the receivables and accounts being serviced:
 June 30, 2025December 31, 2024
 Equipment Equipment 
 InstallmentRevolvingInstallmentRevolving
Gross receivables:$3,227 $234 $3,504 $553 
Balance sheet classification
Accounts receivable
Notes receivable
1,771 — 1,817 — 
Trade receivables
299 234 237 553 
Other Assets
Noncurrent notes and trade receivables
1,157 — 1,450 — 
Outstanding portfolio of receivables derecognized from
our consolidated balance sheets
$11,566 $2,940 $11,909 $2,770 
Cash proceeds received, net of remittances1
9,054 2,940 8,243 2,770 
1Represents amounts to which financial institutions remain entitled, excluding the beneficial interests.
The following table sets forth a summary of equipment installment receivables sold under this program:
 Three months endedSix months ended
 June 30,June 30,
 2025202420252024
Gross receivables sold1
$2,807 $2,557 $6,642 $5,461 
Net receivables sold2
2,687 2,438 6,375 5,195 
Cash proceeds received2,779 2,532 6,577 5,406 
Guarantee obligation recorded219 217 499 483 
1Receivables net of promotion credits.
2Receivables net of allowance and other reserves.
The following table presents the previously transferred equipment installment receivables, which we repurchased in exchange for the associated beneficial interests:
 Three months endedSix months ended
 June 30,June 30,
 2025202420252024
Fair value of repurchased receivables$1,011 $724 $2,948 $1,442 
Carrying value of beneficial interests1,011 743 2,944 1,464 
Gain (loss) on repurchases1
$— $(19)$4 $(22)
1These gains (losses) are included in “Selling, general and administrative” expense in the consolidated statements of income.
Schedule of Receivables Sold
The following table sets forth a summary of the revolving receivables sold:
 Three months endedSix months ended
 June 30,June 30,
 2025202420252024
Gross receivables sold/cash proceeds received1
$7,673 $4,672 $15,016 $8,846 
Total collections under revolving agreement
7,673 4,672 14,846 8,546 
Net cash proceeds received
$— $— $170 $300 
Net receivables sold2
$7,463 $4,549 $14,605 $8,612 
1Includes initial sales of receivables of $0 and $0 for the three months and $170 and $300 for the six months ended June 30, 2025 and 2024, respectively.
2Receivables net of allowance and other reserves.