v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 2,825 $ 5,598
Accounts receivable, net of allowance for credit losses of $216 and $226 5,247 4,874
Equipment installment plan receivables, net of allowance for credit losses and imputed discount of $759 and $733 4,715 4,997
Inventory 2,191 2,405
Prepaid expenses 1,027 1,215
Other current assets 5,764 5,372
Total current assets 21,769 24,461
Property and equipment, net 36,623 38,333
Operating lease right-of-use assets 24,596 25,692
Financing lease right-of-use assets 2,994 2,760
Goodwill 13,667 13,678
Spectrum licenses 98,178 98,032
Other intangible assets, net 3,295 3,843
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount of $198 and $213 2,458 2,683
Other assets 9,973 9,755
Total assets 213,553 219,237
Current liabilities    
Accounts payable and accrued liabilities 8,774 10,280
Short-term debt 6,117 5,135
Deferred revenue 1,439 1,533
Short-term operating lease liabilities 3,620 3,814
Short-term financing lease liabilities 1,178 1,163
Other current liabilities 2,426 2,575
Total current liabilities 23,554 24,500
Tower obligations 3,461 3,532
Deferred tax liabilities 21,225 19,583
Operating lease liabilities 25,438 26,371
Financing lease liabilities 1,121 1,107
Other long-term liabilities 3,985 3,794
Total long-term liabilities 133,734 135,534
Commitments and contingencies (Note 14)
Stockholders' equity    
Common stock, par value $0.00001 per share, 2,000,000,000 shares authorized; 1,278,405,439 and 1,275,774,235 shares issued, 1,074,817,571 and 1,106,930,661 shares outstanding 0 0
Additional paid-in capital 69,879 69,460
Treasury stock, at cost, 203,587,868 and 168,843,574 shares (37,667) (30,545)
Accumulated other comprehensive loss (635) (848)
Retained earnings 24,688 21,136
Total stockholders' equity 56,265 59,203
Total liabilities and stockholders' equity 213,553 219,237
Nonrelated Party    
Current liabilities    
Long-term debt 78,504 79,649
Related Party    
Current liabilities    
Long-term debt $ 0 $ 1,498