v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 5,909 $ 13,362
Short-term investments 623 592
Accounts receivable, net of allowances of $737 and $802 11,234 11,776
Inventories 1,063 940
Prepaid expenses and other 4,683 4,269
Total current assets 23,512 30,939
Plant, property and equipment 218,250 215,626
Less accumulated depreciation 130,064 127,192
Plant, property and equipment, net 88,186 88,434
Investments in unconsolidated businesses 3,566 3,448
Wireless licenses 73,294 73,250
Goodwill 23,465 23,357
Other intangible assets, net 5,744 5,878
Other assets 5,154 5,155
Total assets 222,921 230,461
Liabilities and Equity    
Debt maturing within one year 3,121 4,849
Accounts payable and accrued liabilities 13,231 14,689
Other 6,561 11,223
Total current liabilities 22,913 30,761
Long-term debt 48,476 50,303
Employee benefit obligations 32,164 32,957
Deferred income taxes 25,610 25,060
Other liabilities 5,337 5,472
Equity    
Series preferred stock ($.10 par value; none issued)      
Common stock ($.10 par value; 2,967,610,119 shares issued in both periods) 297 297
Contributed capital 37,926 37,919
Reinvested earnings 1,444 1,179
Accumulated other comprehensive income 1,398 1,269
Common stock in treasury, at cost (4,735) (5,002)
Deferred compensation - employee stock ownership plans and other 341 308
Noncontrolling interest 51,750 49,938
Total equity 88,421 85,908
Total liabilities and equity $ 222,921 $ 230,461