v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 10,499 $ 3,298
Accounts receivable – net of related allowances for credit loss of $392 and $375 8,844 9,638
Inventories 2,357 2,270
Prepaid and other current assets 17,606 15,962
Total current assets 39,306 31,168
Property, plant and equipment 356,188 350,914
Less: accumulated depreciation and amortization (227,094) (222,043)
Property, Plant and Equipment – Net 129,094 128,871
Goodwill – Net 63,432 63,432
Licenses – Net 127,543 127,035
Other Intangible Assets – Net 5,255 5,255
Investments in and Advances to Equity Affiliates 1,011 295
Operating Lease Right-Of-Use Assets 21,494 20,909
Other Assets 18,356 17,830
Total Assets 405,491 394,795
Current Liabilities    
Debt maturing within one year 9,254 5,089
Accounts payable and accrued liabilities 33,289 35,657
Advanced billings and customer deposits 3,999 4,099
Dividends payable 2,023 2,027
Total current liabilities 48,565 46,872
Long-Term Debt 123,057 118,443
Deferred Credits and Other Noncurrent Liabilities    
Noncurrent deferred tax liabilities 59,786 58,939
Postemployment benefit obligation 9,079 9,025
Operating lease liabilities 17,762 17,391
Other noncurrent liabilities 23,865 23,900
Total deferred credits and other noncurrent liabilities 110,492 109,255
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]    
Redeemable Noncontrolling Interest 1,983 1,980
Stockholders’ Equity    
Common stock ($1 par value, 14,000,000,000 authorized at June 30, 2025 and December 31, 2024: issued 7,620,748,598 at June 30, 2025 and December 31, 2024) 7,621 7,621
Additional paid-in capital 106,381 109,108
Retained earnings 6,680 1,871
Treasury stock (459,382,925 at June 30, 2025 and 444,853,148 at December 31, 2024, at cost) (15,210) (15,023)
Accumulated other comprehensive income (loss) (200) 795
Noncontrolling interest 16,122 13,873
Total stockholders’ equity 121,394 118,245
Total Liabilities and Stockholders’ Equity 405,491 394,795
Series A (48,000 issued and outstanding at June 30, 2025 and December 31, 2024)    
Stockholders’ Equity    
Preferred stock ($1 par value, 10,000,000 authorized at June 30, 2025 and December 31, 2024): 0 0
Series B (20,000 issued and 0 outstanding at June 30, 2025 and 20,000 issued and outstanding December 31, 2024)    
Stockholders’ Equity    
Preferred stock ($1 par value, 10,000,000 authorized at June 30, 2025 and December 31, 2024): 0 0
Series C (70,000 issued and outstanding at June 30, 2025 and December 31, 2024)    
Stockholders’ Equity    
Preferred stock ($1 par value, 10,000,000 authorized at June 30, 2025 and December 31, 2024): $ 0 $ 0