v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 3,520 $ 5,598
Accounts receivable, net of allowance for credit losses of $217 and $226 4,866 4,874
Equipment installment plan receivables, net of allowance for credit losses and imputed discount of $748 and $733 4,935 4,997
Inventory 2,327 2,405
Prepaid expenses 1,067 1,215
Other current assets 5,403 5,372
Total current assets 22,118 24,461
Property and equipment, net 37,262 38,333
Operating lease right-of-use assets 25,021 25,692
Financing lease right-of-use assets 2,766 2,760
Goodwill 13,664 13,678
Spectrum licenses 97,564 98,032
Other intangible assets, net 3,573 3,843
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount of $217 and $213 2,553 2,683
Other assets 10,146 9,755
Total assets 214,667 219,237
Current liabilities    
Accounts payable and accrued liabilities 9,522 10,280
Short-term debt 2,238 5,135
Deferred revenue 1,468 1,533
Short-term operating lease liabilities 3,639 3,814
Short-term financing lease liabilities 1,155 1,163
Other current liabilities 2,322 2,575
Total current liabilities 20,344 24,500
Tower obligations 3,496 3,532
Deferred tax liabilities 20,266 19,583
Operating lease liabilities 25,856 26,371
Financing lease liabilities 1,024 1,107
Other long-term liabilities 3,993 3,794
Total long-term liabilities 138,444 135,534
Commitments and contingencies (Note 13)
Stockholders' equity    
Common stock, par value $0.00001 per share, 2,000,000,000 shares authorized; 1,278,047,828 and 1,275,774,235 shares issued, 1,085,872,037 and 1,106,930,661 shares outstanding 0 0
Additional paid-in capital 69,670 69,460
Treasury stock, at cost, 192,175,791 and 168,843,574 shares (35,497) (30,545)
Accumulated other comprehensive loss (835) (848)
Retained earnings 22,541 21,136
Total stockholders' equity 55,879 59,203
Total liabilities and stockholders' equity 214,667 219,237
Nonrelated Party    
Current liabilities    
Long-term debt 83,809 79,649
Related Party    
Current liabilities    
Long-term debt $ 0 $ 1,498