v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 5,598 $ 5,409
Accounts receivable, net of allowance for credit losses of $226 and $176 4,874 4,276
Equipment installment plan receivables, net of allowance for credit losses and imputed discount of $733 and $656 4,997 4,379
Inventory 2,405 1,607
Prepaid expenses 1,215 880
Other current assets 5,372 1,853
Total current assets 24,461 18,404
Property and equipment, net 38,333 38,533
Operating lease right-of-use assets 25,692 25,398
Financing lease right-of-use assets 2,760 3,091
Goodwill 13,678 13,005
Spectrum licenses 98,032 100,558
Other intangible assets, net 3,843 2,512
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount of $213 and $158 2,683 2,209
Other assets 9,755 4,325
Total assets 219,237 208,035
Current liabilities    
Accounts payable and accrued liabilities 10,280 8,463
Short-term debt 5,135 4,068
Deferred revenue 1,533 1,222
Short-term operating lease liabilities 3,814 3,281
Short-term financing lease liabilities 1,163 1,175
Other current liabilities 2,575 1,965
Total current liabilities 24,500 20,174
Long-term debt 81,147 74,197
Tower obligations 3,532 3,664
Deferred tax liabilities 19,583 16,700
Operating lease liabilities 26,371 26,408
Financing lease liabilities 1,107 1,151
Other long-term liabilities 3,794 4,000
Total long-term liabilities 135,534 126,120
Commitments and contingencies (Note 18)
Stockholders' equity    
Common stock, par value $0.00001 per share, 2,000,000,000 shares authorized; 1,275,774,235 and 1,271,074,364 shares issued, 1,106,930,661 and 1,144,579,681 shares outstanding 0 0
Additional paid-in capital 69,460 68,798
Treasury stock, at cost, 168,843,574 and 126,494,683 shares (30,545) (20,584)
Accumulated other comprehensive loss (848) (857)
Retained earnings 21,136 14,384
Total stockholders' equity 59,203 61,741
Total liabilities and stockholders' equity 219,237 208,035
Nonrelated Party    
Current liabilities    
Long-term debt 79,649 72,700
Related Party    
Current liabilities    
Long-term debt $ 1,498 $ 1,497