| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 19,230 | 9,553 | 4,692 | 7,845 |
| Depreciation and amortization | 15,758 | 10,441 | 5,190 | 15,206 |
| Provision for uncollectible accounts | 1,592 | 1,037 | 516 | 1,431 |
| Deferred income tax expense | - | - | - | 1,811 |
| Actuarial and settlement (gain) loss on pension and postretirement benefits - net | - | - | - | 0 |
| Net (gain) loss on investments, net of impairments | - | - | - | -88 |
| Asset impairments and abandonments and restructuring | 504 | 504 | 504 | 5,061 |
| Pension and postretirement benefit expense (credit) | -1,191 | -794 | -397 | -1,412 |
| Net (gain) loss on investments | 5,722 | 31 | -81 | - |
| Receivables | 613 | 247 | -15 | -574 |
| Equipment installment receivables and related sales | -806 | -1,115 | -1,212 | 899 |
| Contract asset and cost deferral | 482 | 299 | 147 | -490 |
| Inventories, prepaid and other current assets | 1,952 | 317 | 661 | -147 |
| Accounts payable and other accrued liabilities | -2,029 | -4,440 | -3,297 | -4,503 |
| Changes in income taxes | 2,609 | 1,663 | 1,285 | - |
| Postretirement claims and contributions | 593 | 103 | 68 | 129 |
| Other - net | -1,047 | -730 | -124 | -1,165 |
| Total adjustments | 9,734 | 9,259 | 4,357 | 19,030 |
| Net cash provided by operating activities | 28,964 | 18,812 | 9,049 | 26,875 |
| Capital expenditures | 14,061 | 9,174 | 4,277 | 13,420 |
| Acquisitions, net of cash acquired | 47 | 48 | 20 | 322 |
| Dispositions | 439 | 40 | 11 | 66 |
| Distributions from directv in excess of cumulative equity in earnings | 0 | 0 | 0 | 928 |
| (purchases), sales and settlements of securities and investments, net | -25 | 1,084 | -45 | -1,153 |
| Other - net | 789 | 778 | 717 | 532 |
| Net cash used in investing activities | -14,433 | -11,044 | -4,958 | -12,127 |
| Net change in short-term borrowings with original maturities of three months or less | - | 0 | 0 | 0 |
| Issuance of other short-term borrowings | 0 | 0 | 0 | 491 |
| Repayment of other short-term borrowings | 0 | 0 | 0 | 2,487 |
| Issuance of long-term debt | 14,027 | 6,429 | 2,956 | 4 |
| Repayment of long-term debt | 1,849 | 1,620 | 1,526 | 7,113 |
| Repayment of note payable to directv | - | - | - | 0 |
| Payment of vendor financing | 823 | 423 | 203 | 1,571 |
| Redemption of preferred stock | -2,075 | -2,075 | -2,075 | - |
| Purchase of treasury stock | 2,669 | 1,179 | 218 | 202 |
| Issuance of treasury stock | 19 | 17 | 17 | 2 |
| Issuance of preferred interests in subsidiary | 2,221 | 2,221 | 2,221 | 0 |
| Redemption of preferred interests in subsidiary | - | - | - | 0 |
| Dividends paid | 6,168 | 4,135 | 2,091 | 6,171 |
| Other - net | -292 | 167 | 366 | -1,808 |
| Net cash provided by (used in) financing activities | 2,391 | -598 | -553 | -18,855 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 16,922 | 7,170 | 3,538 | -4,107 |
| Cash and cash equivalents at beginning of period | 3,406 | 3,406 | 3,406 | 6,833 |
| Cash and cash equivalents at end of period | 20,328 | 10,576 | 6,944 | 2,726 |
AT&T INC. (T-PA)
AT&T INC. (T-PA)