v3.26.1
Receivables and Related Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 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)March 31,
2026		December 31,
2025
EIP receivables, gross $8,453 $8,626 
Unamortized imputed discount(560)(566)
EIP receivables, net of unamortized imputed discount7,893 8,060 
Allowance for credit losses(405)(380)
EIP receivables, net of allowance for credit losses and imputed discount$7,488 $7,680 
Classified on our condensed consolidated balance sheets as:
Equipment installment plan receivables, net of allowance for credit losses and imputed discount$4,935 $4,997 
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount2,553 2,683 
EIP receivables, net of allowance for credit losses and imputed discount$7,488 $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 March 31, 2026:
Originated in 2026Originated in 2025Originated prior to 2025Total EIP Receivables, Net of
Unamortized Imputed Discount
(in millions)PrimeSubprimePrimeSubprimePrimeSubprimePrimeSubprimeTotal
Current - 30 days past due$1,489 $347 $3,864 $789 $1,026 $195 $6,379 $1,331 $7,710 
31 - 60 days past due13 10 24 23 6 5 43 38 81 
61 - 90 days past due2 1 19 20 5 5 26 26 52 
More than 90 days past due— — 16 20 7 7 23 27 50 
EIP receivables, net of unamortized imputed discount$1,504 $358 $3,923 $852 $1,044 $212 $6,471 $1,422 $7,893 
Schedule of Write Offs Net of Recoveries
The following table presents write-offs of our EIP receivables by year of origination for the three months ended March 31, 2026:
(in millions)Originated in 2026Originated in 2025Originated prior to 2025Total
Write-offs$3 $166 $48 $217 
Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables
Activity for the three months ended March 31, 2026 and 2025, in the allowance for credit losses and unamortized imputed discount balances for the accounts receivable and EIP receivables segments were as follows:
March 31, 2026March 31, 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 expense184 242 426 165 158 323 
Write-offs(193)(217)(410)(166)(158)(324)
Change in imputed discount on short-term and long-term EIP receivablesN/A42 42 N/A36 36 
Impact on the imputed discount from sales of EIP receivablesN/A(48)(48)N/A(42)(42)
Allowance for credit losses and imputed discount, end of period$217 $965 $1,182 $175 $808 $983