v3.25.4
Sales Of Receivables (Tables)
 12 Months Ended
Dec. 31, 2025
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Schedule of Finance Receivables
The following table sets forth a summary of cash proceeds received, net of remittances paid, from sales of receivables for the years ended December 31:
202520242023
Net cash received (paid) from equipment installment receivables program1
$1,318 $(1,358)$648 
Net cash received (paid) from revolving receivables program16 1,147 1,456 
Net cash received (paid) from other programs— — (632)
Total net cash impact to cash flows from operating activities2
$1,334 $(211)$1,472 
1Cash from initial sales of $12,391, $10,587 and $10,980 for the years ended December 31, 2025, 2024 and 2023, respectively.
2Net of facility fees.
The following table sets forth a summary of the receivables and accounts being serviced at December 31:
20252024
Equipment InstallmentRevolvingEquipment InstallmentRevolving
Gross receivables:$3,725 $425 $3,504 $553 
Balance sheet classification
Accounts receivable
Notes receivable1,886 — 1,817 — 
Trade receivables304 425 237 553 
Other Assets
Noncurrent notes and trade receivables1,535 — 1,450 — 
Outstanding portfolio of receivables derecognized from
our consolidated balance sheets
$11,987 $2,940 $11,909 $2,770 
Cash proceeds received, net of remittances1
9,617 2,940 8,243 2,770 
1Represents amounts to which financial institutions remain entitled, excluding the beneficial interests.
The following table presents the previously transferred equipment installment receivables, which we repurchased in exchange for the associated beneficial interests:
202520242023
Fair value of repurchased receivables$4,786 $3,185 $2,997 
Carrying value of beneficial interests
4,774 3,199 3,013 
Gain (loss) on repurchases1
$12 $(14)$(16)
1These gains (losses) are included in “Selling, general and administrative” expense in the consolidated statements of income.
Equipment Installment Program  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Schedule of Receivables Sold
The following table sets forth a summary of equipment installment receivables sold under this program:
202520242023
Gross receivables sold1
$12,513 $10,696 $11,104 
Net receivables sold2
11,991 10,160 10,603 
Cash proceeds received12,391 10,587 10,980 
Guarantee obligation recorded925 930 932 
1Receivables net of promotion credits.
2Receivables net of allowance and other reserves.
Revolving Receivables Program  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Schedule of Receivables Sold
The following table sets forth a summary of the revolving receivables sold:
202520242023
Gross receivables sold/cash proceeds received1
$30,311 $21,632 $8,882 
Total collections under revolving agreement30,141 20,362 7,382 
Net cash proceeds received$170 $1,270 $1,500 
Net receivables sold2
$29,480 $21,039 $8,679 
1Includes initial sales of receivables of $170, $1,270 and $1,500 for the years ended December 31, 2025, 2024 and 2023, respectively.
2Receivables net of allowance and other reserves.