v3.20.4
Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2020
Quarterly Financial Information [Abstract]  
Quarterly Financial Information
Quarterly Financial Information (Unaudited)

The following table includes the impact of the Merger on a prospective basis from the Merger close date of April 1, 2020. Historical results have not been restated and reflect standalone T-Mobile.

(in millions, except share and per share amounts)First QuarterSecond QuarterThird QuarterFourth QuarterFull Year
2020
Total revenues$11,113 $17,671 $19,272 $20,341 $68,397 
Operating income1,539 820 2,565 1,712 6,636 
Income (loss) from continuing operations951 (210)1,253 750 2,744 
Income from discontinued operations, net of tax— 320 — — 320 
Net income951 110 1,253 750 3,064 
Earnings per share
Basic earnings per share
Continuing operations$1.11 $(0.17)$1.01 $0.60 $2.40 
Discontinued operations— 0.26 — — 0.28 
Basic$1.11 $0.09 $1.01 $0.60 $2.68 
Diluted earnings per share
Continuing operations$1.10 $(0.17)$1.00 $0.60 $2.37 
Discontinued operations— 0.26 — — 0.28 
Diluted$1.10 $0.09 $1.00 $0.60 $2.65 
Weighted average shares outstanding
Basic858,148,284 1,236,528,444 1,238,450,665 1,241,578,615 1,144,206,326 
Diluted865,998,532 1,236,528,444 1,249,798,740 1,251,566,899 1,154,749,428 
2019
Total revenues $11,080 $10,979 $11,061 $11,878 $44,998 
Operating income 1,476 1,541 1,471 1,234 5,722 
Income from continuing operations908 939 870 751 3,468 
Net income908 939 870 751 3,468 
Earnings per share
Basic$1.07 $1.10 $1.02 $0.88 $4.06 
Diluted$1.06 $1.09 $1.01 $0.87 $4.02 
Weighted average shares outstanding
Basic851,223,498 854,368,443 854,578,241 856,294,467 854,143,751 
Diluted858,643,481 860,135,593 862,690,751 864,158,739 863,433,511