v3.21.2
Receivables and Expected Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Schedule of Equipment Installment Plan Receivables The following table summarizes the EIP receivables, including imputed discounts and related allowance for credit losses:
(in millions)June 30,
2021		December 31,
2020
EIP receivables, gross$6,945 $6,213 
Unamortized imputed discount(342)(325)
EIP receivables, net of unamortized imputed discount6,603 5,888 
Allowance for credit losses(255)(280)
EIP receivables, net of allowance for credit losses and imputed discount$6,348 $5,608 
Classified on the balance sheet as:
Equipment installment plan receivables, net of allowance for credit losses and imputed discount$4,064 $3,577 
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount2,284 2,031 
EIP receivables, net of allowance for credit losses and imputed discount$6,348 $5,608 
Schedule of Equipment Installment Plan Receivables by Credit Category The following table presents the amortized cost of our EIP receivables by delinquency status, customer credit class and year of origination as of June 30, 2021:
Originated in 2021Originated in 2020Originated prior to 2020Total EIP Receivables, net of
unamortized imputed discounts
(in millions)PrimeSubprimePrimeSubprimePrimeSubprimePrimeSubprimeGrand total
Current - 30 days past due$2,177 $1,436 $1,613 $954 $221 $100 $4,011 $2,490 $6,501 
31 - 60 days past due12 18 11 17 2 3 25 38 63 
61 - 90 days past due2 5 3 7 1 1 6 13 19 
More than 90 days past due2 2 3 7 2 4 7 13 20 
EIP receivables, net of unamortized imputed discount$2,193 $1,461 $1,630 $985 $226 $108 $4,049 $2,554 $6,603 
Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables Activity for the six months ended June 30, 2021 and 2020, in the allowance for credit losses and unamortized imputed discount balances for the accounts receivable and EIP receivables segments were as follows:
June 30, 2021June 30, 2020
(in millions)Accounts Receivable AllowanceEIP Receivables AllowanceTotalAccounts Receivable AllowanceEIP Receivables AllowanceTotal
Allowance for credit losses and imputed discount, beginning of period$194 $605 $799 $61 $399 $460 
Beginning balance adjustment due to implementation of the new credit loss standard— — — — 91 91 
Bad debt expense76 78 154 178 168 346 
Write-offs, net of recoveries(147)(104)(251)(56)(96)(152)
Change in imputed discount on short-term and long-term EIP receivablesN/A91 91 N/A10 10 
Impact on the imputed discount from sales of EIP receivablesN/A(73)(73)N/A(81)(81)
Allowance for credit losses and imputed discount, end of period$123 $597 $720 $183 $491 $674