Device Payment Plan Agreement and Wireless Service Receivables (Tables)

6 Months Ended

Jun. 30, 2026

The following table presents information about accounts receivable, net of allowances, recorded in our condensed consolidated balance sheet:


	At June 30, 2026
(dollars in millions)	Device payment plan agreement		Wireless service		Other receivables(1)		Total
Accounts receivable	$	16,405	$	6,296	$	5,033	$	27,734
Less Allowance for credit losses	837		248		163		1,248
Accounts receivable, net of allowance	$	15,568	$	6,048	$	4,870	$	26,486

(1) Other receivables primarily include wireline and other receivables, of which the allowances are individually insignificant.

The following table displays both the current and non-current portions of device payment plan agreement receivables, net, recognized in our condensed consolidated balance sheets:


	At June 30,		At December 31,
(dollars in millions)	2026		2025
Device payment plan agreement receivables, gross	$	32,706	$	34,004
Unamortized imputed interest	(1,016)		(1,053)
Device payment plan agreement receivables, at amortized cost	31,690		32,951
Allowance(1)	(1,625)		(1,628)
Device payment plan agreement receivables, net	$	30,065	$	31,323

Classified in our condensed consolidated balance sheets:
Accounts receivable, net	$	15,568	$	15,777
Other assets	14,497		15,546
Device payment plan agreement receivables, net	$	30,065	$	31,323

(1) Includes allowance for both short-term and long-term device payment plan agreement receivables.

Financing Receivable Credit Quality Indicators

The following table presents device payment plan agreement receivables, at amortized cost, and gross write-offs recorded, as of and for the six months ended June 30, 2026, by credit quality indicator and year of origination:


	Year of Origination(1)
(dollars in millions)	2026		2025		2024 and prior		Total
Device payment plan agreement receivables, at amortized cost
New customers	$	2,046	$	2,907	$	1,109	$	6,062
Existing customers	6,868		12,812		5,948		25,628
Total	$	8,914	$	15,719	$	7,057	$	31,690
Gross write-offs
New customers	$	37	$	286	$	107	$	430
Existing customers	2		121		135		258
Total	$	39	$	407	$	242	$	688

(1) Includes accounts that have been suspended at a point in time.

The data presented in the table above was last updated on June 30, 2026.

The following table presents wireless service receivables, at amortized cost, and gross write-offs recorded, as of and for the six months ended June 30, 2026, by year of origination:


	Year of Origination
(dollars in millions)	2026		2025 and prior		Total

Wireless service receivables, at amortized cost	$	6,194	$	102	$	6,296
Gross write-offs	95		183		278

The data presented in the table above was last updated on June 30, 2026.

Activity in Allowance for Credit Losses for Device Payment Plan Agreement Receivables

Activity in the allowance for credit losses by portfolio segment of receivables was as follows:


(dollars in millions)	Device Payment Plan Agreement Receivables(1)		Wireless Service Plan Receivables
Balance at January 1, 2026	$	1,628	$	244


Current period provision for expected credit losses	653		251
Write-offs charged against the allowance	(688)		(278)
Recoveries collected	32		31
Balance at June 30, 2026	$	1,625	$	248

(1) Includes allowance for both short-term and long-term device payment plan agreement receivables.

Balance and Aging of Device Payment Plan Agreement Receivables on Gross Basis

The balance and aging of the device payment plan agreement receivables, at amortized cost, were as follows:


	At June 30,
(dollars in millions)	2026
Unbilled	$	30,100
Billed:
Current	1,215
Past due	375
Device payment plan agreement receivables, at amortized cost	$	31,690