v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 3,310 $ 5,409
Accounts receivable, net of allowance for credit losses of $206 and $176 5,084 4,276
Equipment installment plan receivables, net of allowance for credit losses and imputed discount of $646 and $656 4,599 4,379
Inventory 2,370 1,607
Prepaid expenses 1,128 880
Other current assets 5,212 1,853
Total current assets 21,703 18,404
Property and equipment, net 38,718 38,533
Operating lease right-of-use assets 26,070 25,398
Financing lease right-of-use assets 2,955 3,091
Goodwill 13,690 13,005
Spectrum licenses 97,749 100,558
Other intangible assets, net 4,117 2,512
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount of $186 and $158 2,316 2,209
Other assets 9,862 4,325
Total assets 217,180 208,035
Current liabilities    
Accounts payable and accrued liabilities 9,193 8,463
Short-term debt 6,333 4,068
Deferred revenue 1,487 1,222
Short-term operating lease liabilities 3,550 3,281
Short-term financing lease liabilities 1,157 1,175
Other current liabilities 2,581 1,965
Total current liabilities 24,301 20,174
Tower obligations 3,568 3,664
Deferred tax liabilities 19,222 16,700
Operating lease liabilities 26,780 26,408
Financing lease liabilities 1,186 1,151
Other long-term liabilities 3,783 4,000
Total long-term liabilities 132,402 126,120
Commitments and contingencies (Note 16)
Stockholders' equity    
Common stock, par value $0.00001 per share, 2,000,000,000 shares authorized; 1,275,435,436 and 1,271,074,364 shares issued, 1,118,506,240 and 1,144,579,681 shares outstanding 0 0
Additional paid-in capital 69,267 68,798
Treasury stock, at cost, 156,929,196 and 126,494,683 shares (28,064) (20,584)
Accumulated other comprehensive loss (881) (857)
Retained earnings 20,155 14,384
Total stockholders' equity 60,477 61,741
Total liabilities and stockholders' equity 217,180 208,035
Nonrelated Party    
Current liabilities    
Long-term debt 76,365 72,700
Related Party    
Current liabilities    
Long-term debt $ 1,498 $ 1,497