Acquisitions, Dispositions And Other Adjustments (Tables)

12 Months Ended

Dec. 31, 2019

The following table summarizes the fair values of the Time Warner assets acquired and liabilities assumed and related
deferred income taxes as of the acquisition date:

Assets acquired
Cash	$	1,889
Accounts receivable		9,020
All other current assets		2,913
Noncurrent inventory and theatrical film and television production costs		5,591
Property, plant and equipment		4,693
Intangible assets subject to amortization
Distribution network		18,040
Released television and film content		10,806
Trademarks and trade names		18,081
Other		10,300
Investments and other assets		9,438
Goodwill		38,801
Total assets acquired		129,572

Liabilities assumed
Current liabilities, excluding current portion of long-term debt		8,294
Debt maturing within one year		4,471
Long-term debt		18,394
Other noncurrent liabilities		19,054
Total liabilities assumed		50,213
Net assets acquired		79,359
Noncontrolling interest		(1)
Aggregate value of consideration paid	$	79,358

		(Unaudited)
		Year Ended
		December 31,
		2018		2017
Total operating revenues	$	183,651	$	188,769
Net Income Attributable to AT&T		20,814		31,380

Basic Earnings Per Share Attributable to Common Stock	$	2.86	$	4.30
Diluted Earnings Per Share Attributable to Common Stock	$	2.85	$	4.26