v3.26.1
Receivables and Related Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Equipment Installment Plan Receivables
The following table summarizes the EIP receivables, including imputed discounts and related allowance for credit losses:
(in millions)June 30,
2026		December 31,
2025
EIP receivables, gross $8,130 $8,626 
Unamortized imputed discount(551)(566)
EIP receivables, net of unamortized imputed discount7,579 8,060 
Allowance for credit losses(406)(380)
EIP receivables, net of allowance for credit losses and imputed discount$7,173 $7,680 
Classified on our condensed consolidated balance sheets as:
Equipment installment plan receivables, net of allowance for credit losses and imputed discount$4,715 $4,997 
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount2,458 2,683 
EIP receivables, net of allowance for credit losses and imputed discount$7,173 $7,680 
Schedule of Equipment Installment Plan Receivables by Credit Category
The following table presents the amortized cost of our EIP receivables by delinquency status, customer credit class and year of origination as of June 30, 2026:
Originated in 2026Originated in 2025Originated prior to 2025Total EIP Receivables, Net of
Unamortized Imputed Discount
(in millions)PrimeSubprimePrimeSubprimePrimeSubprimePrimeSubprimeTotal
Current - 30 days past due$2,611 $569 $2,954 $599 $558 $101 $6,123 $1,269 $7,392 
31 - 60 days past due23 21 16 18 4 3 43 42 85 
61 - 90 days past due10 11 13 15 3 2 26 28 54 
More than 90 days past due5 5 13 16 4 5 22 26 48 
EIP receivables, net of unamortized imputed discount$2,649 $606 $2,996 $648 $569 $111 $6,214 $1,365 $7,579 
Schedule of Write Offs Net of Recoveries
The following table presents write-offs of our EIP receivables by year of origination for the six months ended June 30, 2026:
(in millions)Originated in 2026Originated in 2025Originated prior to 2025Total
Write-offs$62 $290 $73 $425 
Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables
Activity for the six months ended June 30, 2026 and 2025, in the allowance for credit losses and unamortized imputed discount balances for the accounts receivable and EIP receivables segments was as follows:
June 30, 2026June 30, 2025
(in millions)Accounts Receivable AllowanceEIP Receivables AllowanceTotalAccounts Receivable AllowanceEIP Receivables AllowanceTotal
Allowance for credit losses and imputed discount, beginning of period$226 $946 $1,172 $176 $814 $990 
Bad debt expense374 450 824 290 298 588 
Write-offs(384)(425)(809)(294)(298)(592)
Change in imputed discount on short-term and long-term EIP receivablesN/A80 80 N/A50 50 
Impact on the imputed discount from sales of EIP receivablesN/A(94)(94)N/A(88)(88)
Allowance for credit losses and imputed discount, end of period$216 $957 $1,173 $172 $776 $948