7Baggers
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-09-30 2005-06-30 2005-03-31 2004-09-30 2004-06-30 2004-03-31 2003-12-31 2003-09-30 2003-06-30 2003-03-31 
                                                         
      cash flows from operating activities
    		                                                     
      net income
    		5,146,000,000 2,448,000,000 5,056,000,000 5,121,000,000 4,983,000,000 5,114,000,000 3,411,000,000 4,702,000,000 4,722,000,000 -2,573,000,000 4,884,000,000 4,766,000,000 5,018,000,000 6,698,000,000 5,024,000,000 5,315,000,000 4,711,000,000 4,737,000,000 6,554,000,000 5,949,000,000 5,378,000,000 4,718,000,000 4,504,000,000 4,839,000,000 4,287,000,000 5,337,000,000 4,074,000,000 5,160,000,000 3,553,000,000 3,747,000,000 831,000,000 4,430,000,000 4,171,000,000 4,353,000,000 4,338,000,000 1,072,000,000 1,271,000,000 1,683,000,000 1,495,000,000 1,032,000,000 1,922,000,000 1,611,000,000 1,632,000,000           
      adjustments to reconcile net income to net cash from operating activities:
    		                                                     
      depreciation and amortization expense
    		4,892,000,000 4,519,000,000 4,618,000,000 4,635,000,000 4,577,000,000 4,506,000,000 4,458,000,000 4,483,000,000 4,445,000,000 4,516,000,000 4,431,000,000 4,359,000,000 4,318,000,000 4,218,000,000 4,324,000,000 4,321,000,000 4,236,000,000 4,051,000,000 3,961,000,000 4,020,000,000 4,174,000,000 4,197,000,000 4,192,000,000 4,181,000,000 4,150,000,000 4,114,000,000 4,232,000,000 4,231,000,000 4,059,000,000 3,942,000,000 3,982,000,000 4,017,000,000 4,009,000,000 3,980,000,000 3,989,000,000 3,666,000,000 3,605,000,000 3,573,000,000 3,533,000,000     3,518,000,000      3,447,000,000    
      employee retirement benefits
    		-117,000,000 581,000,000 113,000,000 188,000,000 143,000,000 -521,000,000 115,000,000 292,000,000 62,000,000 1,045,000,000 53,000,000 54,000,000 54,000,000 -2,525,000,000 600,000,000 89,000,000 -210,000,000 -1,463,000,000 -109,000,000 -1,566,000,000 -253,000,000 -27,000,000 899,000,000      -111,000,000 510,000,000 3,665,000,000 356,000,000 623,000,000 277,000,000 284,000,000 430,000,000 428,000,000 432,000,000 430,000,000 423,000,000 460,000,000 517,000,000 523,000,000 439,000,000 426,000,000 435,000,000 267,000,000 358,000,000 1,054,000,000 2,818,000,000 60,000,000 248,000,000 -78,000,000 
      deferred income taxes
    		703,000,000 531,000,000 1,714,000,000 -37,000,000 132,000,000 568,000,000 -35,000,000 141,000,000 141,000,000 1,566,000,000 189,000,000 302,000,000 331,000,000 1,378,000,000 81,000,000 887,000,000 627,000,000 1,294,000,000 992,000,000 1,216,000,000 762,000,000 1,023,000,000 650,000,000   482,000,000 129,000,000 459,000,000 2,025,000,000 754,000,000 -3,252,000,000 167,000,000 64,000,000 3,000,000 823,000,000 -300,000,000 376,000,000 110,000,000 222,000,000    -157,000,000    495,000,000 349,000,000 124,000,000 -592,000,000 666,000,000 442,000,000 310,000,000 
      provision for expected credit losses
    		581,000,000 736,000,000 478,000,000 548,000,000 587,000,000 715,000,000 504,000,000 552,000,000 567,000,000 618,000,000 535,000,000 531,000,000 530,000,000 563,000,000 383,000,000 337,000,000 328,000,000 185,000,000 195,000,000                                   
      equity in losses of unconsolidated businesses, inclusive of dividends received
    		3,000,000 1,000,000 12,000,000 9,000,000 20,000,000  29,000,000                                               
      changes in current assets and liabilities, net of effects from acquisition/disposition of businesses
    		-3,082,000,000  -736,000,000 -700,000,000 -2,618,000,000  963,000,000 -1,041,000,000 -2,531,000,000  1,592,000,000 154,000,000 -774,000,000  1,501,000,000 1,533,000,000 -3,492,000,000  521,000,000 123,000,000 -41,000,000  -1,952,000,000      -4,694,000,000 -2,943,000,000 95,000,000 -1,162,000,000 1,027,000,000 1,304,000,000 -888,000,000  -295,000,000 -885,000,000 -1,116,000,000    -258,000,000     -542,000,000 -1,783,000,000  -272,000,000 -759,000,000 625,000,000 
      other
    		-142,000,000 -1,436,000,000 11,000,000 -789,000,000 -42,000,000 -294,000,000 466,000,000 337,000,000 -336,000,000 -1,112,000,000 -926,000,000 -474,000,000 -1,198,000,000 -1,395,000,000 -1,384,000,000 -1,613,000,000 614,000,000 1,062,000,000 -1,397,000,000 811,000,000 -569,000,000 370,000,000 337,000,000 969,000,000 1,104,000,000 -402,000,000 1,862,000,000 88,000,000 -98,000,000 -1,559,000,000 -237,000,000 -771,000,000 -792,000,000 -1,569,000,000 1,196,000,000 1,235,000,000 976,000,000 1,573,000,000 228,000,000 -715,000,000 1,070,000,000 721,000,000 332,000,000 198,000,000 357,000,000 223,000,000 -177,000,000 545,000,000 -107,000,000 120,000,000 -161,000,000 191,000,000 -447,000,000 
      net cash from operating activities
    		7,984,000,000 9,114,000,000 11,266,000,000 8,975,000,000 7,782,000,000 10,432,000,000 9,911,000,000 9,485,000,000 7,084,000,000 8,677,000,000 10,778,000,000 9,731,000,000 8,289,000,000 8,942,000,000 10,534,000,000 10,844,000,000 6,821,000,000 8,377,000,000 10,724,000,000 10,744,000,000 9,694,000,000 9,296,000,000 8,920,000,000 14,728,000,000 8,824,000,000 10,912,000,000 8,755,000,000 7,081,000,000 1,681,000,000 4,799,000,000 5,411,000,000 7,419,000,000 9,520,000,000 8,737,000,000 10,169,000,000 8,290,000,000 6,457,000,000 6,475,000,000 4,517,000,000 5,855,000,000 6,714,000,000 5,486,000,000 6,051,000,000 5,363,000,000 5,976,000,000 3,936,000,000 5,603,000,000 5,853,000,000 4,038,000,000 6,201,000,000 5,312,000,000 5,157,000,000 5,812,000,000 
      cash flows from investing activities
    		                                                     
      capital expenditures
    		-4,201,000,000 -4,748,000,000 -4,310,000,000 -3,808,000,000 -4,145,000,000 -5,071,000,000 -3,948,000,000 -3,695,000,000 -4,376,000,000 -4,603,000,000 -4,094,000,000 -4,112,000,000 -5,958,000,000 -7,276,000,000 -5,320,000,000 -4,670,000,000 -5,821,000,000 -6,425,000,000 -5,145,000,000 -4,222,000,000 -4,494,000,000 -4,024,000,000 -4,318,000,000 0 0 0 0 0 -3,067,000,000 -4,125,000,000 -3,886,000,000 -3,387,000,000 -4,387,000,000 -4,488,000,000 -3,665,000,000 0 -4,277,000,000 -4,352,000,000 -4,163,000,000 0 0 0 -4,066,000,000 0 0 0 0 -3,184,000,000 -2,643,000,000 -3,742,000,000 -2,848,000,000 -2,827,000,000 -2,467,000,000 
      free cash flows
    		3,783,000,000 4,366,000,000 6,956,000,000 5,167,000,000 3,637,000,000 5,361,000,000 5,963,000,000 5,790,000,000 2,708,000,000 4,074,000,000 6,684,000,000 5,619,000,000 2,331,000,000 1,666,000,000 5,214,000,000 6,174,000,000 1,000,000,000 1,952,000,000 5,579,000,000 6,522,000,000 5,200,000,000 5,272,000,000 4,602,000,000 14,728,000,000 8,824,000,000 10,912,000,000 8,755,000,000 7,081,000,000 -1,386,000,000 674,000,000 1,525,000,000 4,032,000,000 5,133,000,000 4,249,000,000 6,504,000,000 8,290,000,000 2,180,000,000 2,123,000,000 354,000,000 5,855,000,000 6,714,000,000 5,486,000,000 1,985,000,000 5,363,000,000 5,976,000,000 3,936,000,000 5,603,000,000 2,669,000,000 1,395,000,000 2,459,000,000 2,464,000,000 2,330,000,000 3,345,000,000 
      cash paid related to acquisitions of businesses, net of cash acquired
    		-9,480,000,000                                                     
      acquisitions of wireless licenses
    		-83,000,000 -110,000,000 -106,000,000 -112,000,000 -122,000,000 -132,000,000 -155,000,000 -164,000,000 -449,000,000 -3,937,000,000 -774,000,000 -487,000,000 -598,000,000 -763,000,000 -615,000,000 -437,000,000 -1,838,000,000 -569,000,000 -1,749,000,000 -495,000,000 -44,783,000,000 -139,000,000 -186,000,000      -196,000,000 -128,000,000 -151,000,000 -131,000,000 -134,000,000 -122,000,000 -9,555,000,000                   
      net cash from investing activities
    		-13,573,000,000 -4,980,000,000 -4,490,000,000 -3,438,000,000 -3,752,000,000 -5,561,000,000 -4,003,000,000 -3,865,000,000 -5,245,000,000 -7,824,000,000 -5,408,000,000 -4,090,000,000 -6,110,000,000 -5,342,000,000 -8,664,000,000 -6,661,000,000 -7,995,000,000 -10,135,000,000 -2,617,000,000 -4,748,000,000 -49,653,000,000 -5,043,000,000 -6,345,000,000      -4,833,000,000 -5,192,000,000 6,089,000,000 -3,436,000,000 -4,425,000,000 -6,995,000,000 -13,176,000,000  -3,607,000,000 -3,690,000,000 -3,187,000,000    -1,748,000,000     -2,670,000,000 -2,089,000,000 -5,328,000,000 -1,834,000,000 -2,990,000,000 -2,094,000,000 
      cash flows from financing activities
    		                                                     
      proceeds from long-term borrowings
    		5,975,000,000 14,316,000,000 2,276,000,000   4,000,000 20,000,000 12,000,000 3,110,000,000 19,000,000 496,000,000 999,000,000 504,000,000 2,469,000,000 988,000,000 13,000,000 3,604,000,000 552,000,000 1,038,000,000 61,000,000 31,383,000,000 13,435,000,000 3,082,000,000 3,457,000,000 5,848,000,000 2,123,000,000 4,106,000,000 2,131,000,000 13,054,000,000    0 0 6,497,000,000 0 0 1,978,000,000 1,424,000,000 25,000,000 -13,000,000 0 3,971,000,000 1,478,000,000 0 8,000,000 2,000,000 0 500,000,000 1,822,000,000 16,000,000 869,000,000 1,946,000,000 
      proceeds from asset-backed long-term borrowings
    		6,154,000,000 1,998,000,000 2,378,000,000 2,181,000,000 2,781,000,000 4,193,000,000 2,401,000,000 3,318,000,000 2,510,000,000 1,938,000,000 951,000,000 1,951,000,000 1,754,000,000 4,793,000,000 886,000,000 1,508,000,000 3,545,000,000 5,688,000,000 0 1,695,000,000 1,000,000,000 1,196,000,000 1,595,000,000 0 2,844,000,000 0 2,865,000,000 1,117,000,000 1,283,000,000                         
      repayments of long-term borrowings and finance lease obligations
    		-4,258,000,000 -3,823,000,000 -1,999,000,000 -3,084,000,000 -2,446,000,000 -5,231,000,000 -904,000,000 -1,211,000,000 -4,508,000,000 -613,000,000 -2,968,000,000 -1,275,000,000 -1,325,000,000 -615,000,000 -596,000,000 -849,000,000 -6,556,000,000 -6,159,000,000 -345,000,000 -7,257,000,000 -302,000,000 -922,000,000 -320,000,000                               
      repayments of asset-backed long-term borrowings
    		-6,828,000,000 -2,000,000,000 -1,925,000,000 -1,923,000,000 -2,589,000,000 -2,332,000,000 -2,150,000,000 -2,600,000,000 -1,408,000,000 -714,000,000 -1,346,000,000 -1,452,000,000 -931,000,000 -1,301,000,000 -952,000,000 -1,045,000,000 -1,650,000,000 -913,000,000 -894,000,000 -2,261,000,000 -732,000,000 -687,000,000 -2,114,000,000                               
      dividends paid
    		-2,910,000,000 -2,912,000,000 -2,857,000,000 -2,856,000,000 -2,856,000,000 -2,850,000,000 -2,801,000,000 -2,802,000,000 -2,796,000,000 -2,794,000,000 -2,744,000,000 -2,743,000,000 -2,744,000,000 -2,739,000,000 -2,688,000,000 -2,724,000,000 -2,654,000,000 -2,648,000,000 -2,599,000,000 -2,597,000,000 -2,601,000,000 -2,596,000,000 -2,546,000,000      -2,354,000,000 -2,303,000,000 -2,303,000,000 -2,302,000,000 -2,107,000,000 -2,113,000,000 -2,153,000,000  -1,186,000,000 -1,164,000,000 -1,179,000,000    -1,185,000,000     -1,066,000,000 -1,065,000,000 -1,064,000,000 -1,060,000,000 -1,059,000,000 -1,056,000,000 
      purchase of common stock for treasury
    		-2,500,000,000                                -60,000,000 -74,000,000 -5,000,000,000  -782,000,000 -525,000,000 -427,000,000    -398,000,000           
      net cash from financing activities
    		-5,278,000,000 7,209,000,000 -2,551,000,000 -4,378,000,000 -5,893,000,000 -5,623,000,000 -4,415,000,000 -5,634,000,000 -1,428,000,000 -3,016,000,000 -6,055,000,000 -3,203,000,000 -2,383,000,000 -3,076,000,000 -1,616,000,000 -4,082,000,000 245,000,000 -5,192,000,000 -3,081,000,000 -11,406,000,000 27,956,000,000 9,062,000,000 -1,505,000,000 -8,795,000,000 2,563,000,000    4,579,000,000 3,977,000,000 -14,489,000,000 -2,607,000,000 -4,228,000,000 -3,120,000,000 -3,205,000,000  -2,791,000,000 -3,430,000,000 -3,248,000,000    -3,830,000,000     -3,175,000,000 -2,048,000,000 -920,000,000 -3,552,000,000 -5,466,000,000 -1,021,000,000 
      decrease in cash, cash equivalents and restricted cash
    		-10,867,000,000            -204,000,000  254,000,000 101,000,000 -929,000,000                                     
      cash, cash equivalents and restricted cash, beginning of period
    		19,499,000,000 0 0 0 4,635,000,000 0 0 0 3,497,000,000 0 0 0 4,111,000,000 0 0 0 4,161,000,000 0 0 0 23,498,000,000 0 0 0 3,917,000,000 0 0 3,916,000,000                          
      cash, cash equivalents and restricted cash, end of period
    		8,632,000,000 11,343,000,000 4,225,000,000 1,159,000,000 2,772,000,000 -752,000,000 1,493,000,000 -14,000,000 3,908,000,000 -2,163,000,000 -685,000,000 2,438,000,000 3,907,000,000 524,000,000 254,000,000 101,000,000 3,232,000,000 -6,950,000,000 5,026,000,000 -5,410,000,000 11,495,000,000 13,315,000,000 1,070,000,000 789,000,000 8,324,000,000 1,086,000,000 -417,000,000 3,537,000,000                          
      verizon business group goodwill impairment
    		                                                     
      changes in current assets and liabilities, net of effects from acquisition/disposition of businesses:
    		                                                     
      accounts receivable
    		                                                     
      inventories
    		                                                     
      prepaid expenses and other
    		                                                     
      accounts payable and accrued liabilities and other current liabilities
    		                                                     
      increase in cash, cash equivalents and restricted cash
    		 11,343,000,000 4,225,000,000 1,159,000,000 -1,863,000,000 -752,000,000 1,493,000,000 -14,000,000 411,000,000  -685,000,000       -6,950,000,000 5,026,000,000 -5,410,000,000 -12,003,000,000 13,315,000,000 1,070,000,000 789,000,000 4,407,000,000                             
      equity in losses of unconsolidated businesses, net of dividends received
    		        14,000,000 15,000,000 20,000,000 39,000,000 10,000,000 3,000,000 5,000,000 -25,000,000 7,000,000 4,000,000 7,000,000 6,000,000 19,000,000 24,000,000 21,000,000 20,000,000 26,000,000 14,000,000 29,000,000 21,000,000 28,000,000 36,000,000 29,000,000 29,000,000                      
      cash received related to acquisitions of businesses, net of cash acquired
    		             0 1,000,000                                       
      collateral receipts (payments) related to derivative contracts
    		     -380,000,000 92,000,000 8,000,000 -432,000,000 718,000,000 -662,000,000                                           
      proceeds from disposition of business
    		             0                                        
      net proceeds from (repayments of) short-term commercial paper
    		                                                     
      net proceeds from short-term commercial paper
    		        2,347,000,000    342,000,000                                         
      cash received related to acquisitions of businesses
    		                                                     
      collateral repayments (payments) related to derivative contracts
    		            367,000,000                                         
      collateral payments related to derivative contracts, net of repayments
    		             2,592,000,000                                        
      acquisitions of businesses, net of cash acquired
    		                 -3,606,000,000 -1,000,000 -50,000,000 -408,000,000 -13,000,000 -108,000,000      -1,746,000,000                         
      media goodwill impairment
    		                                                     
      discretionary employee benefits contributions
    		                                                     
      proceeds from dispositions of businesses
    		                             0                        
      benefit from expected credit losses
    		                    224,000,000                                 
      net loss on sale of divested businesses
    		                                                     
      provision for uncollectible accounts
    		                        553,000,000   319,000,000 330,000,000 312,000,000 298,000,000 353,000,000 392,000,000 361,000,000 383,000,000 306,000,000 243,000,000 217,000,000 281,000,000 118,000,000 316,000,000 253,000,000 347,000,000 417,000,000 274,000,000 316,000,000 364,000,000 118,000,000 394,000,000 511,000,000 388,000,000 479,000,000 425,000,000 
      benefit from uncollectible accounts
    		                         393,000,000                            
      net income on sale of divested businesses
    		                                                     
      net gain on sale of divested businesses
    		                                                     
      repayments of long-term borrowings and capital lease obligations
    		                            -5,592,000,000 -3,210,000,000 -10,924,000,000 -376,000,000 -1,371,000,000 -221,000,000 -5,576,000,000  -183,000,000 -1,497,000,000 -3,314,000,000    -6,129,000,000     -2,716,000,000 -2,049,000,000 -1,889,000,000 -297,000,000 -4,985,000,000 -3,588,000,000 
      decrease in short-term obligations, excluding current maturities
    		                            -52,000,000                     -56,000,000    
      discretionary contributions to qualified pension plans
    		                            -3,411,000,000                         
      increase in cash and cash equivalents
    		                            1,427,000,000   1,376,000,000     59,000,000 -645,000,000 -1,918,000,000 1,389,000,000 660,000,000 -63,000,000 473,000,000      -99,000,000 -47,000,000 -74,000,000 -3,299,000,000 2,697,000,000 
      cash and cash equivalents, beginning of period
    		                            2,880,000,000 0 0 4,470,000,000 0 0 10,598,000,000  0 0 3,219,000,000  0 0 776,000,000 0 0 2,290,000,000 -30,000,000 0 699,000,000  0 -16,000,000 1,438,000,000 
      cash and cash equivalents, end of period
    		                            4,307,000,000 3,584,000,000 -2,989,000,000 5,846,000,000 867,000,000 -1,378,000,000 4,386,000,000  59,000,000 -645,000,000 1,301,000,000  660,000,000 -63,000,000 1,249,000,000 -789,000,000 713,000,000 692,000,000 8,000,000 8,000,000 600,000,000  -74,000,000 -3,315,000,000 4,135,000,000 
      proceeds from sale of common stock
    		                             0 0 3,000,000    480,000,000 241,000,000 443,000,000 110,000,000 59,000,000 46,000,000 5,000,000 64,000,000 5,000,000 7,000,000 25,000,000 129,000,000 11,000,000 80,000,000 222,000,000 146,000,000 215,000,000 256,000,000 
      acquisitions of investments and businesses, net of cash acquired
    		                              -17,000,000 -161,000,000 20,000,000 -3,223,000,000 -2,000,000                   
      increase in short-term obligations, excluding current maturities
    		                              650,000,000 -40,000,000  -588,000,000 482,000,000  -941,000,000 -2,638,000,000 141,000,000 6,113,000,000 -754,000,000 2,623,000,000 -38,000,000 -3,253,000,000 4,040,000,000 334,000,000  682,000,000 572,000,000   -467,000,000 1,576,000,000 
      decrease in cash and cash equivalents
    		                                867,000,000 -1,378,000,000 -6,212,000,000                   
      equity in earnings of unconsolidated businesses, net of dividends received
    		                                26,000,000 28,000,000 44,000,000                   
      proceeds from dispositions of wireless licenses
    		                                                     
      acquisition of noncontrolling interest
    		                                                     
      adjustments to reconcile net income to net cash from operating activities-continuing operations:
    		                                                     
      sales of businesses
    		                                                 0    
      loss on sale of discontinued operations
    		                                                     
      extraordinary item, net of tax
    		                                   0 0 0 131,000,000               
      cumulative effect of accounting change, net of tax
    		                                       0 0 0 42,000,000           
      other assets
    		                                                     
      accounts payable and accrued liabilities
    		                                                     
      net cash from operating activities – continuing operations
    		                                   8,290,000,000 6,457,000,000 6,518,000,000 5,044,000,000 5,094,000,000 6,651,000,000             
      net cash from operating activities – discontinued operations
    		                                    0 -43,000,000 -527,000,000 761,000,000 63,000,000             
      acquisitions, net of cash acquired, and investments
    		                                    -68,000,000 -505,000,000 -124,000,000  -434,000,000 -55,000,000 1,526,000,000     -21,000,000 -34,000,000 -65,000,000 -64,000,000 -864,000,000 -169,000,000 
      proceeds from disposition of businesses
    		                                           0   0 0 117,000,000 0    
      net change in short-term and other current investments
    		                                                  538,000,000 627,000,000 518,000,000 
      net cash from investing activities – continuing operations
    		                                    -3,607,000,000 -3,690,000,000 -3,944,000,000               
      net cash from investing activities – discontinued operations
    		                                   0 0 0 757,000,000               
      net cash from financing activities – continuing operations
    		                                    -2,791,000,000 -3,430,000,000 -3,248,000,000               
      net cash from financing activities – discontinued operations
    		                                                     
      cash and cash equivalents, beginning of year
    		                                                     
      cash and cash equivalents, end of year
    		                                                     
      adjustments to reconcile net income to net cash from operating activities – continuing operations:
    		                                                     
      equity in earnings of unconsolidated businesses
    		                                    -147,000,000 -185,000,000 -160,000,000               
      net change in short-term investments
    		                                    519,000,000 466,000,000 282,000,000  495,000,000 590,000,000 436,000,000 404,000,000 297,000,000 237,000,000 415,000,000 477,000,000 282,000,000     
      depreciation and amortization
    		                                        3,628,000,000 3,543,000,000 3,776,000,000   3,460,000,000  3,440,000,000 3,428,000,000   3,366,000,000 3,385,000,000 
      adjustments to reconcile net income to net cash provided by operating activities:
    		                                                     
      income from unconsolidated businesses
    		                                          -186,000,000     -212,000,000 -271,000,000     
      income before discontinued operations
    		                                           1,869,000,000 2,113,000,000 1,757,000,000        
      adjustments to reconcile income before discontinued operations to net cash provided by operating activities:
    		                                                     
      income before discontinued operations and cumulative effect of accounting change
    		                                              1,748,000,000 1,797,000,000 1,199,000,000 -1,458,000,000 1,791,000,000   
      adjustments to reconcile income before discontinued operations and cumulative effect of accounting change to net cash from operating activities:
    		                                                     
      loss from unconsolidated businesses
    		                                                 -777,000,000 -438,000,000 -228,000,000 -166,000,000 
      proceeds from spectrum payment refund
    		                                                     
      purchases of short-term investments
    		                                                     
      proceeds from sale of short-term investments
    		                                                     
      sales of assets
    		                                                     
      proceeds from disposition of businesses and assets
    		                                                     
      income before cumulative effect of accounting change
    		                                                    1,758,000,000 
      adjustments to reconcile income before cumulative effect of accounting change to net cash from operating activities:
    		                                                     
      income before extraordinary item and cumulative effect of accounting change
    		                                                     
      adjustments to reconcile income before extraordinary item and cumulative effect of accounting change to net cash from operating activities:
    		                                                     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.