Segment Information (Tables)
|
3 Months Ended |
Mar. 31, 2016 |
|---|
| Summary of Operating Financial Information for Reportable Segments |
The following table
provides operating financial information for our two reportable
segments:
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended
March 31,
|
|
|
(dollars in
millions) |
|
2016 |
|
|
2015 |
|
|
External Operating
Revenues
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
|
|
|
|
|
|
|
|
Service revenue
|
|
$ |
16,769 |
|
|
$ |
17,896 |
|
|
Equipment
|
|
|
3,954 |
|
|
|
3,373 |
|
|
Other
|
|
|
1,196 |
|
|
|
1,033 |
|
|
|
|
|
|
|
Total Wireless
|
|
|
21,919 |
|
|
|
22,302 |
|
|
|
|
|
Wireline
|
|
|
|
|
|
|
|
|
|
Consumer retail
|
|
|
4,022 |
|
|
|
3,992 |
|
|
Small business
|
|
|
568 |
|
|
|
600 |
|
|
|
|
|
|
|
Mass Markets
|
|
|
4,590 |
|
|
|
4,592 |
|
|
Global
Enterprise
|
|
|
3,161 |
|
|
|
3,263 |
|
|
Global Wholesale
|
|
|
1,213 |
|
|
|
1,266 |
|
|
Other
|
|
|
76 |
|
|
|
87 |
|
|
|
|
|
|
|
Total Wireline
|
|
|
9,040 |
|
|
|
9,208 |
|
|
|
|
|
|
|
Total reportable
segments
|
|
$ |
30,959 |
|
|
$ |
31,510 |
|
|
|
|
|
|
|
|
|
|
Intersegment
Revenues
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
85 |
|
|
$ |
26 |
|
|
Wireline
|
|
|
250 |
|
|
|
261 |
|
|
|
|
|
|
|
Total reportable
segments
|
|
$ |
335 |
|
|
$ |
287 |
|
|
|
|
|
|
|
|
|
|
Total Operating
Revenues
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
22,004 |
|
|
$ |
22,328 |
|
|
Wireline
|
|
|
9,290 |
|
|
|
9,469 |
|
|
|
|
|
|
|
Total reportable
segments
|
|
$ |
31,294 |
|
|
$ |
31,797 |
|
|
|
|
|
|
|
|
|
|
Operating
Income
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
7,880 |
|
|
$ |
7,810 |
|
|
Wireline
|
|
|
589 |
|
|
|
405 |
|
|
|
|
|
|
|
Total reportable
segments
|
|
$ |
8,469 |
|
|
$ |
8,215 |
|
|
|
|
|
|
|
| Summary of Reconciliation of Segment Assets |
|
|
|
|
|
|
|
|
|
|
(dollars in
millions) |
|
At March 31,
2016 |
|
|
At December 31,
2015 |
|
|
Assets
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
190,892 |
|
|
$ |
185,405 |
|
|
Wireline
|
|
|
73,221 |
|
|
|
78,305 |
|
|
|
|
|
|
|
Total reportable
segments
|
|
|
264,113 |
|
|
|
263,710 |
|
|
Corporate and
other
|
|
|
210,199 |
|
|
|
205,476 |
|
|
Eliminations
|
|
|
(229,725 |
) |
|
|
(225,011 |
) |
|
|
|
|
|
|
Total consolidated
– reported
|
|
$ |
244,587 |
|
|
$ |
244,175 |
|
|
|
|
|
|
|
| Summary of Reconciliation of Segment Operating Revenues |
A reconciliation of the
reportable segment operating revenues to consolidated operating
revenues is as follows:
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended
March 31,
|
|
|
(dollars in
millions) |
|
2016 |
|
|
2015 |
|
|
Total reportable segment
operating revenues
|
|
$ |
31,294 |
|
|
$ |
31,797 |
|
|
Corporate and
other
|
|
|
1,232 |
|
|
|
474 |
|
|
Eliminations
|
|
|
(355 |
) |
|
|
(287 |
) |
|
|
|
|
|
|
Total consolidated
operating revenues
|
|
$ |
32,171 |
|
|
$ |
31,984 |
|
|
|
|
|
|
|
| Summary of Reconciliation of Segment Operating Income |
A
reconciliation of the total of the reportable segments’
operating income to consolidated income before provision for income
taxes is as follows:
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended
March 31,
|
|
|
(dollars in
millions) |
|
2016 |
|
|
2015 |
|
|
Total reportable segment
operating income
|
|
$ |
8,469 |
|
|
$ |
8,215 |
|
|
Corporate and
other
|
|
|
(504 |
) |
|
|
(255 |
) |
|
Pension remeasurement (Note
8)
|
|
|
(165 |
) |
|
|
– |
|
|
Gain on spectrum license
transaction (Note 2)
|
|
|
142 |
|
|
|
– |
|
|
|
|
|
|
|
Total consolidated
operating income
|
|
|
7,942 |
|
|
|
7,960 |
|
|
|
|
|
Equity in losses of
unconsolidated businesses
|
|
|
(20 |
) |
|
|
(34 |
) |
|
Other income,
net
|
|
|
32 |
|
|
|
75 |
|
|
Interest expense
|
|
|
(1,188 |
) |
|
|
(1,332 |
) |
|
|
|
|
|
|
Income Before Provision For
Income Taxes
|
|
$ |
6,766 |
|
|
$ |
6,669 |
|
|
|
|
|
|
|