v3.20.2
Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Revenues        
Total operating revenues $ 40,950 $ 44,957 $ 83,729 $ 89,784
Cost of Revenues        
Other cost of revenues (exclusive of depreciation and amortization shown separately below) 8,116 8,721 16,458 17,306
Selling, general and administrative 9,831 9,844 18,591 19,493
Asset impairments and abandonments 2,319 0 2,442 0
Depreciation and amortization 7,285 7,101 14,507 14,307
Total operating expenses 37,418 37,457 72,711 75,051
Operating Income 3,532 7,500 11,018 14,733
Other Income (Expense)        
Interest expense (2,041) (2,149) (4,059) (4,290)
Equity in net income (loss) of affiliates (10) 40 (16) 33
Other income (expense) - net 1,017 (318) 1,820 (32)
Total other income (expense) (1,034) (2,427) (2,255) (4,289)
Income Before Income Taxes 2,498 5,073 8,763 10,444
Income tax expense 935 1,099 2,237 2,122
Net Income 1,563 3,974 6,526 8,322
Less: Net Income Attributable to Noncontrolling Interest (282) (261) (635) (513)
Net Income Attributable to AT&T 1,281 3,713 5,891 7,809
Less: Preferred Stock Dividends (52) 0 (84) 0
Net Income Attributable to Common Stock $ 1,229 $ 3,713 $ 5,807 $ 7,809
Basic Earnings Per Share Attributable to Common Stock $ 0.17 $ 0.51 $ 0.81 $ 1.06
Diluted Earnings Per Share Attributable to Common Stock $ 0.17 $ 0.51 $ 0.81 $ 1.06
Weighted Average Number of Common Shares Outstanding - Basic (in millions) 7,145 7,323 7,166 7,318
Weighted Average Number of Common Shares Outstanding - with Dilution (in millions) 7,170 7,353 7,192 7,347
Service        
Operating Revenues        
Total operating revenues $ 37,051 $ 41,023 $ 75,934 $ 81,707
Equipment        
Operating Revenues        
Total operating revenues 3,899 3,934 7,795 8,077
Cost of Revenues        
Cost of Goods and Services Sold 3,978 4,061 8,070 8,563
Broadcast, programming and operations        
Cost of Revenues        
Cost of Goods and Services Sold $ 5,889 $ 7,730 $ 12,643 $ 15,382