v3.7.0.1
Wireless Device Payment Plans (Tables)
 6 Months Ended
Jun. 30, 2017
Device Payment Plan Receivables, Net

The following table displays device payment plan agreement receivables, net, that continue to be recognized in our condensed consolidated balance sheets:

 

(dollars in millions)         At June 30,
2017		          

At December 31,
2016

  

Device payment plan agreement receivables, gross

      $ 14,505          $ 11,797  

Unamortized imputed interest

        (654 )           (511 ) 
 

 

      

 

 

  

Device payment plan agreement receivables, net of unamortized imputed interest

        13,851            11,286  

Allowance for credit losses

        (715 )           (688 ) 
 

 

      

 

 

  

Device payment plan agreement receivables, net

      $           13,136          $       10,598  
 

 

      

 

 

  

Classified on our condensed consolidated balance sheets:

            

Accounts receivable, net

      $ 8,548          $ 6,140  

Other assets

        4,588            4,458  
 

 

      

 

 

  

Device payment plan agreement receivables, net

      $ 13,136          $ 10,598  
 

 

      

 

 

  

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

The balance and aging of the device payment plan agreement receivables on a gross basis were as follows:

 

(dollars in millions)         At June 30,
2017		                At December 31,
2016		  

Unbilled

      $         13,714          $         11,089  

Billed:

            

Current

        659            557  

Past due

        132            151  
 

 

      

 

  

Device payment plan agreement receivables, gross

      $ 14,505          $ 11,797  
 

 

      

 

  

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

Activity in the allowance for credit losses for the device payment plan agreement receivables was as follows:

  
(dollars in millions)         2017                2016  

Balance at January 1,

      $ 688          $ 444  

Bad debt expense

        315            310  

Write-offs

        (288 )           (210 ) 

Allowance related to receivables sold

        -            28  

Other

        -            6  
 

 

      

 

  

Balance at June 30,

      $         715          $         578