v3.25.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Revenues $ 20,886 $ 19,594
Operating expenses    
Selling, general and administrative 5,488 5,138
Depreciation and amortization 3,198 3,371
Total operating expenses 16,086 15,596
Operating income 4,800 3,998
Other expense, net    
Interest expense, net (916) (880)
Other (expense) income, net (46) 20
Total other expense, net (962) (860)
Income before income taxes 3,838 3,138
Income tax expense (885) (764)
Net income 2,953 2,374
Other comprehensive (loss) income, net of tax    
Reclassification of loss from cash flow hedges, net of tax effect of $16 and $15 46 43
Losses on fair value hedges, net of tax effect of $(61) and $0 (177) 0
Amortization of actuarial gain, net of tax effect of $0 and $(2) (1) (5)
Other comprehensive (loss) income (132) 38
Total comprehensive income $ 2,821 $ 2,412
Earnings per share    
Basic (in USD per share) $ 2.59 $ 2.00
Diluted (in USD per share) $ 2.58 $ 2.00
Weighted-average shares outstanding    
Basic (in shares) 1,140,537,935 1,185,298,497
Diluted (in shares) 1,144,655,297 1,189,092,019
Service    
Revenues    
Revenues $ 16,925 $ 16,096
Operating expenses    
Cost of services, exclusive of depreciation and amortization shown separately below 2,602 2,688
Postpaid revenues    
Revenues    
Revenues 13,594 12,631
Prepaid revenues    
Revenues    
Revenues 2,643 2,403
Wholesale and other service revenues    
Revenues    
Revenues 688 1,062
Equipment revenues    
Revenues    
Revenues 3,704 3,251
Operating expenses    
Cost of services, exclusive of depreciation and amortization shown separately below 4,798 4,399
Other revenues    
Revenues    
Revenues $ 257 $ 247