v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows:
Year Ended December 31,
(in millions)202320222021
Operating lease expense$4,987 $6,514 $5,921 
Financing lease expense:
Amortization of right-of-use assets684 733 738 
Interest on lease liabilities79 68 69 
Total financing lease expense763 801 807 
Variable lease expense411 484 429 
Total lease expense$6,161 $7,799 $7,157 
Schedule of Information Relating to Lease Term and Discount Rate
Information relating to the lease term and discount rate is as follows:
Year Ended December 31,
202320222021
Weighted-Average Remaining Lease Term (Years)
Operating leases9109
Financing leases223
Weighted-Average Discount Rate
Operating leases4.3 %4.1 %3.6 %
Financing leases4.6 %3.2 %2.5 %
Schedule of Maturity Operating Lease Liabilities
Maturities of lease liabilities as of December 31, 2023, were as follows:
(in millions)Operating LeasesFinance Leases
Twelve Months Ending December 31,
2024$4,829 $1,324 
20254,380 836 
20264,048 392 
20273,733 35 
20283,410 14 
Thereafter18,634 3 
Total lease payments39,034 2,604 
Less: imputed interest7,239 108 
Total$31,795 $2,496 
Schedule of Maturity Finance Lease Liabilities
Maturities of lease liabilities as of December 31, 2023, were as follows:
(in millions)Operating LeasesFinance Leases
Twelve Months Ending December 31,
2024$4,829 $1,324 
20254,380 836 
20264,048 392 
20273,733 35 
20283,410 14 
Thereafter18,634 3 
Total lease payments39,034 2,604 
Less: imputed interest7,239 108 
Total$31,795 $2,496 
Schedule of Leased Wireless Devices
The components of leased wireless devices under our Leasing Programs were as follows:
(in millions)Average Remaining Useful LifeDecember 31, 2023December 31, 2022
Leased wireless devices, gross
8 months
$400 $1,415 
Accumulated depreciation(285)(1,146)
Leased wireless devices, net$115 $269 
Schedule of Future Minimum Payments Expected to be Received
Future minimum payments expected to be received over the lease term related to leased wireless devices, which exclude optional residual buy-out amounts at the end of the lease term, are summarized below:
(in millions)Expected Payments
Twelve Months Ending December 31,
2024$50 
20256 
Total$56