v3.24.0.1
Receivables and Related Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2023
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)December 31,
2023		December 31,
2022
EIP receivables, gross$7,271 $8,480 
Unamortized imputed discount(505)(483)
EIP receivables, net of unamortized imputed discount6,766 7,997 
Allowance for credit losses(268)(328)
EIP receivables, net of allowance for credit losses and imputed discount$6,498 $7,669 
Classified on our consolidated balance sheets as:
Equipment installment plan receivables, net of allowance for credit losses and imputed discount$4,456 $5,123 
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount2,042 2,546 
EIP receivables, net of allowance for credit losses and imputed discount$6,498 $7,669 
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 December 31, 2023:
Originated in 2023Originated in 2022Originated prior to 2022Total EIP Receivables, Net of
Unamortized Imputed Discount
(in millions)PrimeSubprimePrimeSubprimePrimeSubprimePrimeSubprimeTotal
Current - 30 days past due$3,925 $987 $1,129 $304 $253 $40 $5,307 $1,331 $6,638 
31 - 60 days past due13 23 7 7 1 1 21 31 52 
61 - 90 days past due9 16 6 5 1 1 16 22 38 
More than 90 days past due8 13 6 7 2 2 16 22 38 
EIP receivables, net of unamortized imputed discount$3,955 $1,039 $1,148 $323 $257 $44 $5,360 $1,406 $6,766 
Schedule of Write Offs Net of Recoveries
The following table presents write-offs of our EIP receivables by year of origination for the year ended December 31, 2023:
(in millions)Originated in 2023Originated in 2022Originated prior to 2022Total Write-offs
Write-offs$174 $284 $60 $518 
Schedule of Unamortized Imputed Discount and Allowance for Credit Losses for Equipment Installment Plan Receivables
Activity for the years ended December 31, 2023, 2022 and 2021, in the allowance for credit losses and unamortized imputed discount balances for the accounts receivable and EIP receivables segments were as follows:
December 31, 2023December 31, 2022December 31, 2021
(in millions)Accounts Receivable AllowanceEIP Receivables AllowanceTotalAccounts Receivable AllowanceEIP Receivables AllowanceTotalAccounts Receivable AllowanceEIP Receivables AllowanceTotal
Allowance for credit losses and imputed discount, beginning of period$167 $811 $978 $146 $630 $776 $194 $605 $799 
Bad debt expense440 458 898 433 593 1,026 231 221 452 
Write-offs(446)(518)(964)(412)(518)(930)(279)(248)(527)
Change in imputed discount on short-term and long-term EIP receivablesN/A220 220 N/A262 262 N/A187 187 
Impact on the imputed discount from sales of EIP receivablesN/A(198)(198)N/A(156)(156)N/A(135)(135)
Allowance for credit losses and imputed discount, end of period$161 $773 $934 $167 $811 $978 $146 $630 $776