Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Oct. 31, 2013 |
Document And Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Document Period End Date | 30-Sep-13 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Central Index Key | '0000732717 | ' |
Entity Filer Category | 'Large Accelerated Filer | ' |
Entity Registrant Name | 'AT&T Inc. | ' |
Entity Common Stock, Shares Outstanding | ' | 5,268 |
Consolidated_Statements_Of_Inc
Consolidated Statements Of Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Consolidated Statements Of Income (Unaudited) | ' | ' | ' | ' |
Operating Revenues | $32,158 | $31,459 | $95,589 | $94,856 |
Operating Expenses | ' | ' | ' | ' |
Cost of services and sales (exclusive of depreciation and amortization shown separately below) | 13,403 | 12,602 | 39,227 | 37,673 |
Selling, general and administrative | 7,952 | 8,308 | 24,406 | 24,657 |
Depreciation and amortization | 4,615 | 4,512 | 13,715 | 13,571 |
Total operating expenses | 25,970 | 25,422 | 77,348 | 75,901 |
Operating Income | 6,188 | 6,037 | 18,241 | 18,955 |
Other Income (Expense) | ' | ' | ' | ' |
Interest expense | -829 | -824 | -2,481 | -2,624 |
Equity in net income of affiliates | 91 | 182 | 494 | 537 |
Other income (expense) - net | 50 | 47 | 370 | 122 |
Total other income (expense) | -688 | -595 | -1,617 | -1,965 |
Income Before Income Taxes | 5,500 | 5,442 | 16,624 | 16,990 |
Income tax expense | 1,595 | 1,741 | 5,066 | 5,672 |
Net Income | 3,905 | 3,701 | 11,558 | 11,318 |
Less: Net Income Attributable to Noncontrolling Interest | -91 | -66 | -222 | -197 |
Net Income Attributable to AT&T | $3,814 | $3,635 | $11,336 | $11,121 |
Basic Earnings Per Share Attributable to AT&T | $0.72 | $0.63 | $2.10 | $1.90 |
Diluted Earnings Per Share Attributable to AT&T | $0.72 | $0.63 | $2.09 | $1.90 |
Weighted Average Number of Common Shares Outstanding - Basic (in millions) | 5,315 | 5,771 | 5,402 | 5,848 |
Weighted Average Number of Common Shares Outstanding - with Dilution (in millions) | 5,331 | 5,792 | 5,419 | 5,869 |
Dividends Declared Per Common Share | $0.45 | $0.44 | $1.35 | $1.32 |
Consolidated_Statements_Of_Com
Consolidated Statements Of Comprehensive Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Consolidated Statements of Comprehensive Income [Abstract] | ' | ' | ' | ' |
Net income | $3,905 | $3,701 | $11,558 | $11,318 |
Foreign Currency: | ' | ' | ' | ' |
Translation adjustment (includes $(1), $0, $(2) and $0 attributable to noncontrolling interest), net of taxes of $(21), $33, $(86) and $109 | -37 | 57 | -155 | 199 |
Reclassification adjustment included in net income, net of taxes of $0, $0, $19 and $0 | 0 | 0 | 34 | 0 |
Available-for-sale securities: | ' | ' | ' | ' |
Net unrealized gains (losses), net of taxes of $38, $31, $84 and $58 | 69 | 59 | 155 | 108 |
Reclassification adjustment realized in net income, net of taxes of $(2), $(28), $(7) and $(34) | -3 | -51 | -13 | -63 |
Cash flow hedges: | ' | ' | ' | ' |
Net unrealized gains (losses), net of taxes of $171, $126, $286 and $68 | 316 | 232 | 526 | 125 |
Reclassification adjustment included in net income, net of taxes of $4, $4, $12 and $11 | 7 | 8 | 22 | 21 |
Defined benefit postretirement plans: | ' | ' | ' | ' |
Net unrealized gains (losses) from equity method investees arising during period, net of taxes of $0, $0, $0 and $(29) | 0 | 0 | 0 | -53 |
Reclassification adjustment included in net income, net of taxes of $0, $0, $5 and $0 | 0 | 0 | 8 | 0 |
Amortization of net prior service credit included in net income, net of taxes of $(109), $(84), $(327) and ($255) | -178 | -137 | -533 | -411 |
Other | 0 | -1 | 0 | 0 |
Other comprehensive income (loss) | 174 | 167 | 44 | -74 |
Total comprehensive income | 4,079 | 3,868 | 11,602 | 11,244 |
Less: Total comprehensive income attributable to noncontrolling interest | -90 | -66 | -220 | -197 |
Total Comprehensive Income Attributable to AT&T | $3,989 | $3,802 | $11,382 | $11,047 |
Recovered_Sheet1
Consolidated Statements of Comprehensive Income (Parenthetical) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Consolidated Statements of Comprehensive Income [Abstract] | ' | ' | ' | ' |
Foreign currency translation adjustments, attributable to noncontrolling interest, net of taxes | ($1) | $0 | ($2) | $0 |
Foreign currency translation adjustments, tax effect | -21 | 33 | -86 | 109 |
Foreign currency translation adjustment reclassification - tax effect | 0 | 0 | 19 | 0 |
Net unrealized gains (losses) on available-for-sale securities - tax effect | 38 | 31 | 84 | 58 |
Reclassification adjustment included in net income on available-for-sale securities - tax effect | -2 | -28 | -7 | -34 |
Net unrealized gains (losses) on cash flow hedges - tax effect | 171 | 126 | 286 | 68 |
Reclassification adjustment included in net income on cash flow hedges - tax effect | 4 | 4 | 12 | 11 |
Net actuarial loss from equity method investees arising during period - tax effect | 0 | 0 | 0 | -29 |
Reclassification adjustment in net income on actuarial loss from equity method investees - tax effect | 0 | 0 | 5 | 0 |
Amortization of net prior service credit included in net income, tax effect | ($109) | ($84) | ($327) | ($255) |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Current Assets | ' | ' |
Cash and cash equivalents | $1,371 | $4,868 |
Accounts receivable - net of allowances for doubtful accounts of $491 and $547 | 12,444 | 12,657 |
Prepaid expenses | 1,022 | 1,035 |
Deferred income taxes | 682 | 1,036 |
Other current assets | 2,916 | 3,110 |
Total current assets | 18,435 | 22,706 |
Property, plant and equipment | 282,445 | 270,907 |
Less: accumulated depreciation and amortization | -170,021 | -161,140 |
Property, Plant and Equipment - Net | 112,424 | 109,767 |
Goodwill | 70,014 | 69,773 |
Licenses | 56,304 | 52,352 |
Customer Lists and Relationships - Net | 876 | 1,391 |
Other Intangible Assets - Net | 5,020 | 5,032 |
Investments in and Advances to Equity Affiliates | 3,949 | 4,581 |
Other Assets | 7,577 | 6,713 |
Total Assets | 274,599 | 272,315 |
Current Liabilities | ' | ' |
Debt maturing within one year | 7,873 | 3,486 |
Accounts payable and accrued liabilities | 20,433 | 20,494 |
Advanced billing and customer deposits | 4,013 | 4,225 |
Accrued taxes | 1,488 | 1,026 |
Dividends payable | 2,376 | 2,556 |
Total current liabilities | 36,183 | 31,787 |
Long-Term Debt | 68,350 | 66,358 |
Deferred Credits and Other Noncurrent Liabilities | ' | ' |
Deferred income taxes | 30,666 | 28,491 |
Postemployment benefit obligation | 42,036 | 41,392 |
Other noncurrent liabilities | 11,234 | 11,592 |
Total deferred credits and other noncurrent liabilities | 83,936 | 81,475 |
Stockholders' Equity | ' | ' |
Common stock ($1 par value, 14,000,000,000 authorized at September 30, 2013 and December 31, 2012: issued 6,495,231,088 at September 30, 2013 and December 31, 2012) | 6,495 | 6,495 |
Additional paid-in capital | 91,021 | 91,038 |
Retained earnings | 26,648 | 22,481 |
Treasury stock (1,214,987,626 at September 30, 2013 and 913,836,325 at December 31, 2012, at cost) | -43,731 | -32,888 |
Accumulated other comprehensive income | 5,282 | 5,236 |
Noncontrolling interest | 415 | 333 |
Total stockholders' equity | 86,130 | 92,695 |
Total Liabilities and Stockholders' Equity | $274,599 | $272,315 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, except Share data, unless otherwise specified | ||
Consolidated Balance Sheets (Unaudited) | ' | ' |
Allowances for doubtful accounts | $491 | $547 |
Common stock, par value | $1 | $1 |
Common stock, authorized | 14,000,000,000 | 14,000,000,000 |
Common stock, issued | 6,495,231,088 | 6,495,231,088 |
Treasury stock, held | 1,214,987,626 | 913,836,325 |
Consolidated_Statements_Of_Cas
Consolidated Statements Of Cash Flows (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Operating Activities | ' | ' |
Net income | $11,558 | $11,318 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 13,715 | 13,571 |
Undistributed earnings from investments in equity affiliates | -232 | -483 |
Provision for uncollectible accounts | 653 | 835 |
Deferred income tax expense and noncurrent unrecognized tax benefits | 2,389 | 3,441 |
Net (gain) loss from sale of investments, net of impairments | -272 | -27 |
Changes in operating assets and liabilities: | ' | ' |
Accounts receivable | -440 | -571 |
Other current assets | 520 | 1,581 |
Accounts payable and accrued liabilities | -420 | -156 |
Retirement benefit funding | -175 | 0 |
Other - net | -417 | -853 |
Total adjustments | 15,321 | 17,338 |
Net Cash Provided by Operating Activities | 26,879 | 28,656 |
Investing Activities | ' | ' |
Capital expenditures | -15,565 | -13,619 |
Interest during construction | -213 | -197 |
Acquisitions, net of cash acquired | -4,025 | -551 |
Dispositions | 846 | 807 |
Sales (purchases) of securities, net | 0 | 311 |
Return of advances to and investments in equity affiliates | 301 | 0 |
Other | -4 | -2 |
Net Cash Used in Investing Activities | -18,660 | -13,251 |
Financing Activities | ' | ' |
Net change in short-term borrowings with original maturities of three months or less | 1,851 | 0 |
Issuance of other short-term borrowings | 1,476 | 0 |
Repayment of other short-term borrowings | -1,476 | 0 |
Issuance of long-term debt | 6,416 | 6,935 |
Repayment of long-term debt | -2,131 | -8,042 |
Purchase of treasury stock | -11,134 | -8,374 |
Issuance of treasury stock | 108 | 460 |
Dividends paid | -7,325 | -7,738 |
Other | 499 | 98 |
Net Cash Used in Financing Activities | -11,716 | -16,661 |
Net decrease in cash and cash equivalents | -3,497 | -1,256 |
Cash and cash equivalents beginning of year | 4,868 | 3,045 |
Cash and Cash Equivalents End of Period | 1,371 | 1,789 |
Cash paid during the nine months ended September 30 for: | ' | ' |
Interest | 2,980 | 3,214 |
Income taxes, net of refunds | $1,573 | $390 |
Consolidated_Statement_Of_Chan
Consolidated Statement Of Changes In Stockholders' Equity (USD $) | Total | Common Stock [Member] | Additional Paid-In Capital [Member] | Retained Earnings [Member] | Treasury Stock [Member] | Accumulated Other Comprehensive Income Attributable to AT&T, net of tax [Member] | Noncontrolling Interest [Member] |
In Millions | |||||||
Balance at beginning of year at Dec. 31, 2012 | $92,695 | $6,495 | $91,038 | $22,481 | ($32,888) | $5,236 | $333 |
Balance at beginning of year (in shares) at Dec. 31, 2012 | ' | 6,495 | ' | ' | -914 | ' | ' |
Issuance of stock | ' | 0 | ' | ' | ' | ' | ' |
Issuance of stock (in shares) | ' | 0 | ' | ' | ' | ' | ' |
Repurchase of common stock | -11,134 | ' | ' | ' | -11,134 | ' | ' |
Repurchase of common stock (in shares) | -312 | ' | ' | ' | -312 | ' | ' |
Issuance of treasury stock | ' | ' | -8 | ' | 291 | ' | ' |
Issuance of treasury stock, (in shares) | ' | ' | ' | ' | 11 | ' | ' |
Share-based payments | ' | ' | -9 | ' | ' | ' | ' |
Net income attributable to AT&T ($2.09 per diluted share) | 11,336 | ' | ' | 11,336 | ' | ' | ' |
Dividends to stockholders ($1.35 per share) | ' | ' | ' | -7,169 | ' | ' | ' |
Other comprehensive income (loss) attributable to AT&T | 46 | ' | ' | ' | ' | 46 | ' |
Net income attributable to noncontrolling interest | 222 | ' | ' | ' | ' | ' | 222 |
Distributions | ' | ' | ' | ' | ' | ' | -161 |
Acquisitions of noncontrolling interests | ' | ' | ' | ' | ' | ' | 23 |
Translation adjustments attributable to noncontrolling interest, net of taxes | -2 | ' | ' | ' | ' | ' | -2 |
Balance at end of period at Sep. 30, 2013 | $86,130 | $6,495 | $91,021 | $26,648 | ($43,731) | $5,282 | $415 |
Balance at end of period (in shares) at Sep. 30, 2013 | ' | 6,495 | ' | ' | -1,215 | ' | ' |
Consolidated_Statement_Of_Chan1
Consolidated Statement Of Changes In Stockholders' Equity (Parenthetical) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Consolidated Statements Of Changes In Stockholders' Equity (Unaudited) | ' | ' | ' | ' |
Net income attributable to AT&T, per diluted share | $0.72 | $0.63 | $2.09 | $1.90 |
Dividends to stockholders, per share | $0.45 | $0.44 | $1.35 | $1.32 |
Preparation_Of_Interim_Financi
Preparation Of Interim Financial Statements | 9 Months Ended |
Sep. 30, 2013 | |
Preparation Of Interim Financial Statements Disclosure [Abstract] | ' |
Preparation Of Interim Financial Statements | ' |
NOTE 1. PREPARATION OF INTERIM FINANCIAL STATEMENTS | |
Basis of Presentation Throughout this document, AT&T Inc. is referred to as “AT&T,” “we” or the “Company.” We believe that these consolidated financial statements include all adjustments, consisting only of normal recurring accruals, that are necessary to present fairly the results for the presented interim periods. The results for the interim periods are not necessarily indicative of those for the full year. You should read this document in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended December 31, 2012. | |
The consolidated financial statements include the accounts of the Company and our majority-owned subsidiaries and affiliates. Our subsidiaries and affiliates operate in the communications services industry both domestically and internationally, providing wireless communications services, traditional wireline voice services, data/broadband and Internet services, video services, telecommunications equipment, managed networking and wholesale services. | |
All significant intercompany transactions are eliminated in the consolidation process. Investments in partnerships and less than majority-owned subsidiaries where we have significant influence are accounted for under the equity method. Earnings from certain foreign equity investments accounted for using the equity method are included for periods ended within up to one month of our period end. We also record our proportionate share of our equity method investees' other comprehensive income (OCI) items, including actuarial gains and losses on pension and other postretirement benefit obligations. | |
The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes, including estimates of probable losses and expenses. Actual results could differ from those estimates. Certain amounts have been reclassified to conform to the current period's presentation. | |
Stock Repurchase Program In May 2013, we completed a repurchase authorization that was approved by our Board of Directors in July 2012. In March 2013, our Board of Directors authorized the repurchase of up to an additional 300 million shares of our common stock. During the first nine months of 2013, we repurchased 312 million shares for $11,134 under these authorizations. At September 30, 2013, we had 216 million shares remaining under the March 2013 authorization. The authorization has no expiration date. | |
Earnings_Per_Share
Earnings Per Share | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Earnings Per Share | ' | |||||||||||
Earnings Per Share | ' | |||||||||||
NOTE 2. EARNINGS PER SHARE | ||||||||||||
A reconciliation of the numerators and denominators of basic earnings per share and diluted earnings per share for net income attributable to AT&T for the three and nine months ended September 30, 2013 and 2012, is shown in the table below: | ||||||||||||
Three months ended | Nine months ended | |||||||||||
September 30, | September 30, | |||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||
Numerators | ||||||||||||
Numerator for basic earnings per share: | ||||||||||||
Net income | $ | 3,905 | $ | 3,701 | $ | 11,558 | $ | 11,318 | ||||
Net income attributable to noncontrolling interest | -91 | -66 | -222 | -197 | ||||||||
Net income attributable to AT&T | 3,814 | 3,635 | 11,336 | 11,121 | ||||||||
Dilutive potential common shares: | ||||||||||||
Share-based payment | 3 | 3 | 9 | 9 | ||||||||
Numerator for diluted earnings per share | $ | 3,817 | $ | 3,638 | $ | 11,345 | $ | 11,130 | ||||
Denominators (000,000) | ||||||||||||
Denominator for basic earnings per share: | ||||||||||||
Weighted average number of common shares outstanding | 5,315 | 5,771 | 5,402 | 5,848 | ||||||||
Dilutive potential common shares: | ||||||||||||
Share-based payment | 16 | 21 | 17 | 21 | ||||||||
Denominator for diluted earnings per share | 5,331 | 5,792 | 5,419 | 5,869 | ||||||||
Basic earnings per share attributable to AT&T | $ | 0.72 | $ | 0.63 | $ | 2.1 | $ | 1.9 | ||||
Diluted earnings per share attributable to AT&T | $ | 0.72 | $ | 0.63 | $ | 2.09 | $ | 1.9 | ||||
At September 30, 2013 and 2012, we had issued and outstanding options to purchase approximately 12 million and 18 million shares of AT&T common stock. For the quarter ended September 30, 2013 and 2012, the exercise prices of 3 million and 2 million shares were above the market price of AT&T stock for the respective periods. Accordingly, we did not include these amounts in determining the dilutive potential common shares. At September 30, 2013 and 2012, the exercise prices of 9 million and 16 million vested stock options were below market price. |
Other_Comprehensive_Income
Other Comprehensive Income | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Other Comprehensive Income | ' | |||||||||||||||
Other Comprehensive Income | ' | |||||||||||||||
NOTE 3. OTHER COMPREHENSIVE INCOME | ||||||||||||||||
Changes in the balances of each component included in accumulated OCI for the nine months ended September 30, 2013, are presented below. All amounts are net of tax and exclude noncontrolling interest. | ||||||||||||||||
At September 30, 2013 and for the period ended: | ||||||||||||||||
Foreign Currency Translation Adjustment | Net Unrealized Gain (Loss) on Available-for-Sale Securities | Net Unrealized Gains (Losses) on Cash Flow Hedges | Defined Benefit Postretirement Plans | Accumulated Other Comprehensive Income | ||||||||||||
Balance as of January 1, 2013 | $ | -284 | $ | 272 | $ | -110 | $ | 5,358 | $ | 5,236 | ||||||
Other comprehensive income (loss) before reclassifications | -153 | 155 | 526 | - | 528 | |||||||||||
Amounts reclassified from accumulated OCI | 34 | 1 | -13 | 2 | 22 | 3 | -525 | 4 | -482 | |||||||
Net other comprehensive income (loss) | -119 | 142 | 548 | -525 | 46 | |||||||||||
Balance as of September 30, 2013 | $ | -403 | $ | 414 | $ | 438 | $ | 4,833 | $ | 5,282 | ||||||
1 | Pre-tax translation loss reclassifications are included in Other income (expense) - net in the consolidated statements of income. | |||||||||||||||
2 | Realized gains are included in Other income (expense) - net in the consolidated statements of income. | |||||||||||||||
3 | Realized (gains) losses are included in interest expense in the consolidated statements of income. See Note 6 for additional information. | |||||||||||||||
4 | The amortization of prior service credits associated with postretirement benefits, net of amounts capitalized as part of construction | |||||||||||||||
labor, are included in Cost of services and sales and Selling, general and administrative in the consolidated statements of income | ||||||||||||||||
(see Note 5). Actuarial loss reclassifications related to our equity method investees are included in Other income (expense) - net | ||||||||||||||||
in the consolidated statements of income. |
Segment_Information
Segment Information | 9 Months Ended | |||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||
Segment Information | ' | |||||||||||||||||
Segment Information | ' | |||||||||||||||||
NOTE 4. SEGMENT INFORMATION | ||||||||||||||||||
Our segments are strategic business units that offer different products and services over various technology platforms and are managed accordingly. We analyze our operating segments based on segment income before income taxes. We make our capital allocation decisions based on the strategic needs of the business, needs of the network (wireless or wireline) provided services, and demands to provide emerging services to our customers. Actuarial gains and losses from pension and other postretirement benefits, interest expense and other income (expense) – net, are managed only on a total company basis and are, accordingly, reflected only in consolidated results. Therefore, these items are not included in each reportable segment's results. The customers and long-lived assets of our reportable segments are predominantly in the United States. We have three reportable segments: (1) Wireless, (2) Wireline and (3) Other. Our operating results prior to May 9, 2012, also included our Advertising Solutions segment, which was subsequently sold. | ||||||||||||||||||
The Wireless segment uses our nationwide network to provide consumer and business customers with wireless data and voice communications services. This segment includes our portion of the results from our mobile payment joint venture marketed as the Isis Mobile WalletTM (ISIS), which is accounted for as an equity method investment. | ||||||||||||||||||
The Wireline segment uses our regional, national and global network to provide consumer and business customers with data and voice communications services, AT&T U-verse® high-speed broadband, video and voice services and managed networking to business customers. Additionally, commissions on sales of satellite television services offered through our agency arrangements are included in the segment. | ||||||||||||||||||
The Other segment includes our portion of the results from our international equity investment, our equity interest in YP Holdings LLC (YP Holdings), and costs to support corporate-driven activities and operations. Also included in the Other segment are impacts of corporate-wide decisions for which the individual operating segments are not being evaluated, including interest costs and expected return on plan assets for our pension and postretirement benefit plans. | ||||||||||||||||||
In the following tables, we show how our segment results are reconciled to our consolidated results reported. | ||||||||||||||||||
For the three months ended September 30, 2013 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 5,509 | $ | 8,457 | $ | - | $ | - | $ | - | $ | 13,966 | ||||||
Voice, text and other | 9,951 | 5,023 | - | - | - | 14,974 | ||||||||||||
Equipment and other | 2,020 | 1,190 | - | 8 | - | 3,218 | ||||||||||||
Total segment operating revenues | 17,480 | 14,670 | - | 8 | - | 32,158 | ||||||||||||
Operations and support expenses | 10,982 | 10,385 | - | -12 | - | 21,355 | ||||||||||||
Depreciation and amortization expenses | 1,875 | 2,736 | - | 4 | - | 4,615 | ||||||||||||
Total segment operating expenses | 12,857 | 13,121 | - | -8 | - | 25,970 | ||||||||||||
Segment operating income (loss) | 4,623 | 1,549 | - | 16 | - | 6,188 | ||||||||||||
Interest expense | - | - | - | - | 829 | 829 | ||||||||||||
Equity in net income (loss) of affiliates | -18 | - | - | 109 | - | 91 | ||||||||||||
Other income (expense) – net | - | - | - | - | 50 | 50 | ||||||||||||
Segment income (loss) before income taxes | $ | 4,605 | $ | 1,549 | $ | - | $ | 125 | $ | -779 | $ | 5,500 | ||||||
For the nine months ended September 30, 2013 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 15,990 | $ | 25,019 | $ | - | $ | - | $ | - | $ | 41,009 | ||||||
Voice, text and other | 29,902 | 15,470 | - | - | - | 45,372 | ||||||||||||
Equipment and other | 5,570 | 3,609 | - | 29 | - | 9,208 | ||||||||||||
Total segment operating revenues | 51,462 | 44,098 | - | 29 | - | 95,589 | ||||||||||||
Operations and support expenses | 31,932 | 31,137 | - | 564 | - | 63,633 | ||||||||||||
Depreciation and amortization expenses | 5,553 | 8,146 | - | 16 | - | 13,715 | ||||||||||||
Total segment operating expenses | 37,485 | 39,283 | - | 580 | - | 77,348 | ||||||||||||
Segment operating income (loss) | 13,977 | 4,815 | - | -551 | - | 18,241 | ||||||||||||
Interest expense | - | - | - | - | 2,481 | 2,481 | ||||||||||||
Equity in net income (loss) of affiliates | -55 | 1 | - | 548 | - | 494 | ||||||||||||
Other income (expense) – net | - | - | - | - | 370 | 370 | ||||||||||||
Segment income (loss) before income taxes | $ | 13,922 | $ | 4,816 | $ | - | $ | -3 | $ | -2,111 | $ | 16,624 | ||||||
For the three months ended September 30, 2012 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 4,686 | $ | 7,987 | $ | - | $ | - | $ | - | $ | 12,673 | ||||||
Voice, text and other | 10,220 | 5,563 | - | - | - | 15,783 | ||||||||||||
Equipment and other | 1,726 | 1,264 | - | 13 | - | 3,003 | ||||||||||||
Total segment operating revenues | 16,632 | 14,814 | - | 13 | - | 31,459 | ||||||||||||
Operations and support expenses | 10,432 | 10,246 | - | 232 | - | 20,910 | ||||||||||||
Depreciation and amortization expenses | 1,730 | 2,774 | - | 8 | - | 4,512 | ||||||||||||
Total segment operating expenses | 12,162 | 13,020 | - | 240 | - | 25,422 | ||||||||||||
Segment operating income (loss) | 4,470 | 1,794 | - | -227 | - | 6,037 | ||||||||||||
Interest expense | - | - | - | - | 824 | 824 | ||||||||||||
Equity in net income (loss) of affiliates | -17 | - | - | 199 | - | 182 | ||||||||||||
Other income (expense) – net | - | - | - | - | 47 | 47 | ||||||||||||
Segment income (loss) before income taxes | $ | 4,453 | $ | 1,794 | $ | - | $ | -28 | $ | -777 | $ | 5,442 | ||||||
For the nine months ended September 30, 2012 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 13,392 | $ | 23,722 | $ | - | $ | - | $ | - | $ | 37,114 | ||||||
Voice, text and other | 30,845 | 17,151 | - | - | - | 47,996 | ||||||||||||
Equipment and other | 4,884 | 3,777 | 1,049 | 36 | - | 9,746 | ||||||||||||
Total segment operating revenues | 49,121 | 44,650 | 1,049 | 36 | - | 94,856 | ||||||||||||
Operations and support expenses | 30,000 | 30,849 | 773 | 708 | - | 62,330 | ||||||||||||
Depreciation and amortization expenses | 5,092 | 8,348 | 106 | 25 | - | 13,571 | ||||||||||||
Total segment operating expenses | 35,092 | 39,197 | 879 | 733 | - | 75,901 | ||||||||||||
Segment operating income (loss) | 14,029 | 5,453 | 170 | -697 | - | 18,955 | ||||||||||||
Interest expense | - | - | - | - | 2,624 | 2,624 | ||||||||||||
Equity in net income (loss) of affiliates | -45 | -1 | - | 583 | - | 537 | ||||||||||||
Other income (expense) – net | - | - | - | - | 122 | 122 | ||||||||||||
Segment income (loss) before income taxes | $ | 13,984 | $ | 5,452 | $ | 170 | $ | -114 | $ | -2,502 | $ | 16,990 |
Pension_And_Postretirement_Ben
Pension And Postretirement Benefits | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Pension And Postretirement Benefits | ' | |||||||||||
Pension And Postretirement Benefits | ' | |||||||||||
NOTE 5. PENSION AND POSTRETIREMENT BENEFITS | ||||||||||||
Substantially all of our employees are covered by one of our noncontributory pension plans. We also provide certain medical, dental, life insurance, and death benefits to certain retired employees under various plans and accrue actuarially determined postretirement benefit costs as active employees earn these benefits. Our objective in funding these plans, in combination with the standards of the Employee Retirement Income Security Act of 1974, as amended (ERISA), is to accumulate assets sufficient to meet the plans' obligations to provide benefits to employees upon their retirement. | ||||||||||||
On September 9, 2013, we made a voluntary contribution of a preferred equity interest in AT&T Mobility II LLC (Mobility), the holding company for our wireless business, to the trust used to pay pension benefits under our qualified pension plans. The preferred equity interest had a value of $9,104 on the contribution date. The trust is entitled to receive cumulative cash distributions of $560 per annum, which will be distributed quarterly in equal amounts and will be accounted for as contributions. This preferred equity is a plan asset under ERISA and is recognized as such in the plan's separate financial statements. However, because the preferred equity interest is not unconditionally transferable to an unrelated party, it is not included in plan assets in our consolidated financial statements. At the time of the contribution of the preferred equity interest, we made an additional cash contribution of $175 and have agreed to annual cash contributions of $175 no later than the due date for our federal income tax return for each of 2014, 2015 and 2016. These contributions combined with our existing pension assets, are essentially equivalent to the expected pension obligation at year-end. | ||||||||||||
We recognize actuarial gains and losses on pension and postretirement plan assets in our operating results at our annual measurement date of December 31, unless earlier remeasurements are required. The following table details pension and postretirement benefit costs included in operating expenses in the accompanying consolidated statements of income, expense credits are denoted with parentheses. A portion of these costs is capitalized as part of internal construction projects, providing a small reduction in the net expense recorded. | ||||||||||||
Three months ended | Nine months ended | |||||||||||
September 30, | September 30, | |||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||
Pension cost: | ||||||||||||
Service cost – benefits earned during the period | $ | 331 | $ | 301 | $ | 991 | $ | 915 | ||||
Interest cost on projected benefit obligation | 608 | 700 | 1,822 | 2,100 | ||||||||
Expected return on assets | -828 | -880 | -2,484 | -2,640 | ||||||||
Amortization of prior service (credit) | -25 | -3 | -71 | -11 | ||||||||
Net pension cost | $ | 86 | $ | 118 | $ | 258 | $ | 364 | ||||
Postretirement cost: | ||||||||||||
Service cost – benefits earned during the period | $ | 95 | $ | 81 | $ | 286 | $ | 247 | ||||
Interest cost on accumulated postretirement benefit obligation | 389 | 446 | 1,168 | 1,340 | ||||||||
Expected return on assets | -177 | -200 | -533 | -601 | ||||||||
Amortization of prior service (credit) | -263 | -215 | -788 | -647 | ||||||||
Net postretirement cost | $ | 44 | $ | 112 | $ | 133 | $ | 339 | ||||
Combined net pension and postretirement cost | $ | 130 | $ | 230 | $ | 391 | $ | 703 | ||||
Our combined net pension and postretirement cost decreased $100 in the third quarter and $312 for the first nine months of 2013. The decrease is driven by lower interest costs, which reflect the declining bond rates used when valued at the beginning of the year and higher amortization of prior service credits due to plan changes, including changes to retiree costs for continued healthcare coverage. This decrease is partially offset by lower expected long-term return on plan assets reflecting each plan's asset mix and continued uncertainty in the securities markets and the U.S. economy. | ||||||||||||
We also provide senior- and middle-management employees with nonqualified, unfunded supplemental retirement and savings plans. Net supplemental retirement pension benefits cost, which is not included in the table above, was $27 in the third quarter of 2013, of which $25 was interest cost, and $82 for the first nine months, of which $76 was interest cost. In 2012, net supplemental retirement pension benefits cost was $31 in the third quarter, of which $29 was interest cost, and $94 for the first nine months, of which $87 was interest cost. | ||||||||||||
Fair_Value_Measurements_And_Di
Fair Value Measurements And Disclosure | 9 Months Ended | ||||||||||||
Sep. 30, 2013 | |||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||
Fair Value Measurements And Disclosure | ' | ||||||||||||
NOTE 6. FAIR VALUE MEASUREMENTS AND DISCLOSURE | |||||||||||||
The Fair Value Measurement and Disclosure framework provides a three-tiered fair value hierarchy that gives highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: | |||||||||||||
Level 1 Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that we have the ability to access. | |||||||||||||
Level 2 Inputs to the valuation methodology include: | |||||||||||||
Quoted prices for similar assets and liabilities in active markets. | |||||||||||||
Quoted prices for identical or similar assets or liabilities in inactive markets. | |||||||||||||
Inputs other than quoted market prices that are observable for the asset or liability. | |||||||||||||
Inputs that are derived principally from or corroborated by observable market data by correlation or other means. | |||||||||||||
Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement. | |||||||||||||
Fair value is often based on developed models in which there are few, if any, external observations. | |||||||||||||
The fair value measurements level of an asset or liability within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs. | |||||||||||||
The valuation methodologies described above may produce a fair value calculation that may not be indicative of future net realizable value or reflective of future fair values. We believe our valuation methods are appropriate and consistent with other market participants. The use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. There have been no changes in the methodologies used since December 31, 2012. | |||||||||||||
Long-Term Debt and Other Financial Instruments | |||||||||||||
The carrying amounts and estimated fair values of our long-term debt, including current maturities and other financial instruments, are summarized as follows: | |||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||
Carrying | Fair | Carrying | Fair | ||||||||||
Amount | Value | Amount | Value | ||||||||||
Notes and debentures | $ | 74,103 | $ | 79,156 | $ | 69,578 | $ | 81,310 | |||||
Commercial paper | 1,851 | 1,851 | - | - | |||||||||
Bank borrowings | 1 | 1 | 1 | 1 | |||||||||
Investment securities | 2,525 | 2,525 | 2,218 | 2,218 | |||||||||
The carrying value of debt with an original maturity of less than one year approximates market value. The fair value measurements used for notes and debentures are considered Level 2. | |||||||||||||
Investment Securities | |||||||||||||
Our investment securities include equities, fixed income bonds and other securities. A substantial portion of the fair values of our available-for-sale securities was estimated based on quoted market prices. Investments in securities not traded on a national securities exchange are valued using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Realized gains and losses on securities are included in “Other income (expense) – net” in the consolidated statements of income using the specific identification method. Unrealized gains and losses, net of tax, on available-for-sale securities are recorded in accumulated OCI. Unrealized losses that are considered other than temporary are recorded in “Other income (expense) – net” with the corresponding reduction to the carrying basis of the investment. Fixed income investments of $109 have maturities of less than one year, $279 within one to three years, $175 within three to five years, and $252 for five or more years. | |||||||||||||
Our short-term investments (including money market securities) and customer deposits are recorded at amortized cost, and the respective carrying amounts approximate fair values. Our investment securities are recorded in “Other Assets” on the consolidated balance sheets. | |||||||||||||
Following is the fair value leveling for available-for-sale securities and derivatives as of September 30, 2013 and December 31, 2012: | |||||||||||||
30-Sep-13 | |||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||
Available-for-Sale Securities | |||||||||||||
Domestic equities | $ | 1,065 | $ | - | $ | - | $ | 1,065 | |||||
International equities | 583 | - | - | 583 | |||||||||
Fixed income bonds | - | 815 | - | 815 | |||||||||
Asset Derivatives1 | |||||||||||||
Interest rate swaps | - | 216 | - | 216 | |||||||||
Cross-currency swaps | - | 1,657 | - | 1,657 | |||||||||
Liability Derivatives1 | |||||||||||||
Interest rate swaps | - | -4 | - | -4 | |||||||||
Cross-currency swaps | - | -557 | - | -557 | |||||||||
31-Dec-12 | |||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||
Available-for-Sale Securities | |||||||||||||
Domestic equities | $ | 873 | $ | - | $ | - | $ | 873 | |||||
International equities | 469 | - | - | 469 | |||||||||
Fixed income bonds | - | 837 | - | 837 | |||||||||
Asset Derivatives1 | |||||||||||||
Interest rate swaps | - | 287 | - | 287 | |||||||||
Cross-currency swaps | - | 752 | - | 752 | |||||||||
Foreign exchange contracts | - | 1 | - | 1 | |||||||||
Liability Derivatives1 | |||||||||||||
Cross-currency swaps | - | -672 | - | -672 | |||||||||
1 | Derivatives designated as hedging instruments are reflected as Other assets, Other noncurrent liabilities and, for a portion of interest | ||||||||||||
rate swaps, Other current assets. | |||||||||||||
Derivative Financial Instruments | |||||||||||||
We employ derivatives to manage certain market risks, primarily interest rate risk and foreign currency exchange risk. This includes the use of interest rate swaps, interest rate locks, foreign exchange forward contracts and combined interest rate foreign exchange contracts (cross-currency swaps). We do not use derivatives for trading or speculative purposes. We record derivatives on our consolidated balance sheets at fair value that is derived from observable market data, including yield curves and foreign exchange rates (all of our derivatives are Level 2). Cash flows associated with derivative instruments are presented in the same category on the consolidated statements of cash flows as the item being hedged. | |||||||||||||
The majority of our derivatives are designated either as a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (fair value hedge), or as a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (cash flow hedge). | |||||||||||||
Fair Value Hedging We designate our fixed-to-floating interest rate swaps as fair value hedges. The purpose of these swaps is to manage interest rate risk by managing our mix of fixed-rate and floating-rate debt. These swaps involve the receipt of fixed-rate amounts for floating interest rate payments over the life of the swaps without exchange of the underlying principal amount. Accrued and realized gains or losses from interest rate swaps impact interest expense on the consolidated statements of income. Unrealized gains on interest rate swaps are recorded at fair market value as assets, and unrealized losses on interest rate swaps are recorded at fair market value as liabilities. Changes in the fair value of the interest rate swaps offset changes in the fair value of the fixed-rate notes payable they hedge due to changes in the designated benchmark interest rate and are recognized in interest expense. Gains or losses realized upon early termination of our fair value hedges are recognized in interest expense. In the nine months ended September 30, 2013 and September 30, 2012, no ineffectiveness was measured. | |||||||||||||
Cash Flow Hedging Unrealized gains on derivatives designated as cash flow hedges are recorded at fair value as assets, and unrealized losses on derivatives designated as cash flow hedges are recorded at fair value as liabilities, both for the period they are outstanding. For derivative instruments designated as cash flow hedges, the effective portion is reported as a component of accumulated OCI until reclassified into interest expense in the same period the hedged transaction affects earnings. The gain or loss on the ineffective portion is recognized as other income or expense in each period. | |||||||||||||
We designate our cross-currency swaps as cash flow hedges. We have entered into multiple cross-currency swaps to hedge our exposure to variability in expected future cash flows that are attributable to foreign currency risk generated from the issuance of our Euro and British pound sterling denominated debt. These agreements include initial and final exchanges of principal from fixed foreign denominations to fixed U.S. denominated amounts, to be exchanged at a specified rate, which was determined by the market spot rate upon issuance. They also include an interest rate swap of a fixed foreign-denominated rate to a fixed U.S. denominated interest rate. We evaluate the effectiveness of our cross-currency swaps each quarter. In the nine months ended September 30, 2013 and September 30, 2012, no ineffectiveness was measured. | |||||||||||||
Periodically, we enter into and designate interest rate locks to partially hedge the risk of changes in interest payments attributable to increases in the benchmark interest rate during the period leading up to the probable issuance of fixed-rate debt. We designate our interest rate locks as cash flow hedges. Gains and losses when we settle our interest rate locks are amortized into income over the life of the related debt, except where a material amount is deemed to be ineffective, which would be immediately reclassified to “Other income (expense) – net” in the consolidated statements of income. Over the next 12 months, we expect to reclassify $45 from accumulated OCI to interest expense due to the amortization of net losses on historical interest rate locks. | |||||||||||||
We may hedge a portion of the exchange risk involved in anticipation of highly probable foreign currency-denominated transactions. In anticipation of these transactions, we often enter into foreign exchange contracts to provide currency at a fixed rate. Some of these instruments are designated as cash flow hedges while others remain nondesignated, largely based on size and duration. Gains and losses are amortized into income in the same period the hedged transaction affects earnings, except where an amount is deemed to be ineffective, which would be immediately reclassified to “Other income (expense) – net” in the consolidated statements of income. In the nine months ended September 30, 2013 and September 30, 2012, no ineffectiveness was measured. | |||||||||||||
Collateral and Credit-Risk Contingency We have entered into agreements with our derivative counterparties establishing collateral thresholds based on respective credit ratings and netting agreements. At September 30, 2013, we had posted collateral of $17 (a deposit asset) and held collateral of $1,190 (a receipt liability). Under the agreements, if our credit rating had been downgraded one rating level by Moody's Investors Service and Standards & Poor's and two rating levels by Fitch, Inc., before the final collateral exchange in September, we would have been required to post additional collateral of $55. At December 31, 2012, we had posted collateral of $22 (a deposit asset) and held collateral of $543 (a receipt liability). We do not offset the fair value of collateral, whether the right to reclaim cash collateral (a receivable) or the obligation to return cash collateral (a payable), against the fair value of the derivative instruments. | |||||||||||||
Following is the notional amount of our outstanding derivative positions: | |||||||||||||
September 30, | December 31, | ||||||||||||
2013 | 2012 | ||||||||||||
Interest rate swaps | $ | 4,750 | $ | 3,000 | |||||||||
Cross-currency swaps | 14,136 | 12,071 | |||||||||||
Foreign exchange contracts | 4 | 51 | |||||||||||
Total | $ | 18,890 | $ | 15,122 | |||||||||
Following is the related hedged items affecting our financial position and performance: | |||||||||||||
Effect of Derivatives on the Consolidated Statements of Income | |||||||||||||
Fair Value Hedging Relationships | Three months ended | Nine months ended | |||||||||||
30-Sep-13 | 30-Sep-12 | 30-Sep-13 | 30-Sep-12 | ||||||||||
Interest rate swaps (Interest expense): | |||||||||||||
Gain (Loss) on interest rate swaps | $ | 9 | $ | -21 | $ | -78 | $ | -158 | |||||
Gain (Loss) on long-term debt | -9 | 21 | 78 | 158 | |||||||||
In addition, the net swap settlements that accrued and settled in the quarters ended September 30 were offset against interest expense. | |||||||||||||
Cash Flow Hedging Relationships | Three months ended | Nine months ended | |||||||||||
30-Sep-13 | 30-Sep-12 | 30-Sep-13 | 30-Sep-12 | ||||||||||
Cross-currency swaps: | |||||||||||||
Gain (Loss) recognized in accumulated OCI | $ | 482 | $ | 355 | $ | 807 | $ | 190 | |||||
Interest rate locks: | |||||||||||||
Interest income (expense) reclassified from accumulated OCI into income | -11 | -12 | -34 | -32 | |||||||||
Foreign exchange contracts: | |||||||||||||
Gain (Loss) recognized in accumulated OCI | 5 | 3 | 5 | 3 |
Acquisitions_Dispositions_And_
Acquisitions, Dispositions And Other Adjustments | 9 Months Ended |
Sep. 30, 2013 | |
Acquisitions, Dispositions And Other Adjustments | ' |
Acquisitions, Dispositions And Other Adjustments | ' |
NOTE 7. ACQUISITIONS, DISPOSITIONS AND OTHER ADJUSTMENTS | |
Acquisitions | |
Atlantic Tele-Network, Inc. In September 2013, we acquired Atlantic Tele-Network, Inc.'s U.S. retail wireless operations, operated under the Alltel brand, for $806 in cash, which includes closing adjustments. Under the terms of the agreement, we acquired wireless properties, with a preliminary value of $322 in licenses and $239 of goodwill. | |
700 MHz Spectrum In September 2013, we acquired spectrum in the 700 MHz B band from Verizon Wireless for $1,900 in cash and an assignment of Advanced Wireless Service (AWS) spectrum licenses in five markets. The 700 MHz licenses acquired by AT&T cover 42 million people in 18 states. We recognized a gain of approximately $293 on this and other spectrum transactions. | |
Pending Acquisitions | |
Leap In July 2013, we announced an agreement to acquire Leap Wireless International, Inc. (Leap), a provider of prepaid wireless service, for fifteen dollars per outstanding share of Leap's common stock, or approximately $1,260, plus one non-transferable contingent value right (CVR) per share. The CVR will entitle each Leap stockholder to a pro rata share of the net proceeds of the future sale of the Chicago 700 MHz A-band Federal Communications Commission (FCC) license held by Leap. As of June 30, 2013, Leap had approximately $2,700 of debt, net of cash. Under the terms of the agreement, we will acquire all of Leap's stock and, thereby, acquire all of its wireless properties, including spectrum licenses, network assets, retail stores and approximately 5 million subscribers. Leap's spectrum licenses include Personal Communications Services (PCS) and AWS bands and are largely complementary to our licenses. Leap's network covers approximately 96 million people in 35 states and consists of a 3G CDMA network and an LTE network covering approximately 21 million people. | |
The agreement was approved by Leap's stockholders on October 30, 2013. The transaction is subject to review by the FCC and Department of Justice (DOJ). The review process is underway at both agencies. The transaction is expected to close in the first quarter of 2014. The agreement provides both parties with certain termination rights if the transaction does not close by July 11, 2014, which can be extended until January 11, 2015, if certain conditions have not been met by that date. Under certain circumstances, Leap may be required to pay a termination fee or AT&T may be required to provide Leap with a three-year roaming agreement for LTE data coverage in certain Leap markets lacking LTE coverage, if the transaction does not close. If Leap enters into the roaming agreement, AT&T will then have the option within 30 days after entry into the roaming agreement to purchase certain specified Leap spectrum assets. If AT&T does not exercise its right to purchase all of the specified Leap spectrum assets, Leap can then within 60 days after expiration of AT&T's option require AT&T to purchase all of the specified spectrum assets. |
Subsequent_Events
Subsequent Events | 9 Months Ended |
Sep. 30, 2013 | |
Subsequent Events | ' |
Subsequent Events | ' |
NOTE 8. SUBSEQUENT EVENTS | |
On October 20, 2013, we announced an agreement with Crown Castle International Corp. (Crown Castle) in which Crown Castle will have the exclusive rights to lease and operate approximately 9,100 and purchase approximately 600 of our wireless towers for $4,850. Under the terms of the leases, Crown Castle will have exclusive rights to lease and operate the towers over an average term of approximately 28 years. As the leases expire, Crown Castle will have fixed price purchase options for these towers totaling approximately $4,200, based on their estimated fair market values at the end of the lease terms. We will sublease capacity on the towers from Crown Castle for a minimum of 10 years at current market rates, with options to renew. We plan to account for the proceeds as a financing obligation and expect this transaction to close by year-end 2013, subject to standard closing conditions. |
Preparation_Of_Interim_Financi1
Preparation Of Interim Financial Statements (Policy) | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Basis of Presentation and Significant Accounting Policies [Text Block] | ' |
Basis of Presentation Throughout this document, AT&T Inc. is referred to as “AT&T,” “we” or the “Company.” We believe that these consolidated financial statements include all adjustments, consisting only of normal recurring accruals, that are necessary to present fairly the results for the presented interim periods. The results for the interim periods are not necessarily indicative of those for the full year. You should read this document in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended December 31, 2012. | |
The consolidated financial statements include the accounts of the Company and our majority-owned subsidiaries and affiliates. Our subsidiaries and affiliates operate in the communications services industry both domestically and internationally, providing wireless communications services, traditional wireline voice services, data/broadband and Internet services, video services, telecommunications equipment, managed networking and wholesale services. | |
All significant intercompany transactions are eliminated in the consolidation process. Investments in partnerships and less than majority-owned subsidiaries where we have significant influence are accounted for under the equity method. Earnings from certain foreign equity investments accounted for using the equity method are included for periods ended within up to one month of our period end. We also record our proportionate share of our equity method investees' other comprehensive income (OCI) items, including actuarial gains and losses on pension and other postretirement benefit obligations. | |
The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes, including estimates of probable losses and expenses. Actual results could differ from those estimates. Certain amounts have been reclassified to conform to the current period's presentation. |
Segment_Information_Policy
Segment Information (Policy) | 9 Months Ended |
Sep. 30, 2013 | |
Segment Information | ' |
Segment Reporting Pensions And Other Postretirement Plans | ' |
Also included in the Other segment are impacts of corporate-wide decisions for which the individual operating segments are not being evaluated, including interest costs and expected return on plan assets for our pension and postretirement benefit plans. |
Fair_Value_Measurements_And_Di1
Fair Value Measurements And Disclosure (Policy) | 9 Months Ended |
Sep. 30, 2013 | |
Fair Value Disclosures [Abstract] | ' |
Derivatives, Offsetting Fair Value Amounts, Policy [Policy Text Block] | ' |
We do not offset the fair value of collateral, whether the right to reclaim cash collateral (a receivable) or the obligation to return cash collateral (a payable), against the fair value of the derivative instruments. |
Earnings_Per_Share_Tables
Earnings Per Share (Tables) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Earnings Per Share | ' | |||||||||||
Reconciliation Of The Numerators And Denominators Of Basic Earnings Per Share And Diluted Earnings Per Share | ' | |||||||||||
Three months ended | Nine months ended | |||||||||||
September 30, | September 30, | |||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||
Numerators | ||||||||||||
Numerator for basic earnings per share: | ||||||||||||
Net income | $ | 3,905 | $ | 3,701 | $ | 11,558 | $ | 11,318 | ||||
Net income attributable to noncontrolling interest | -91 | -66 | -222 | -197 | ||||||||
Net income attributable to AT&T | 3,814 | 3,635 | 11,336 | 11,121 | ||||||||
Dilutive potential common shares: | ||||||||||||
Share-based payment | 3 | 3 | 9 | 9 | ||||||||
Numerator for diluted earnings per share | $ | 3,817 | $ | 3,638 | $ | 11,345 | $ | 11,130 | ||||
Denominators (000,000) | ||||||||||||
Denominator for basic earnings per share: | ||||||||||||
Weighted average number of common shares outstanding | 5,315 | 5,771 | 5,402 | 5,848 | ||||||||
Dilutive potential common shares: | ||||||||||||
Share-based payment | 16 | 21 | 17 | 21 | ||||||||
Denominator for diluted earnings per share | 5,331 | 5,792 | 5,419 | 5,869 | ||||||||
Basic earnings per share attributable to AT&T | $ | 0.72 | $ | 0.63 | $ | 2.1 | $ | 1.9 | ||||
Diluted earnings per share attributable to AT&T | $ | 0.72 | $ | 0.63 | $ | 2.09 | $ | 1.9 |
Other_Comprehensive_Income_Tab
Other Comprehensive Income (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Other Comprehensive Income | ' | |||||||||||||||
Other Comprehensive Income | ' | |||||||||||||||
At September 30, 2013 and for the period ended: | ||||||||||||||||
Foreign Currency Translation Adjustment | Net Unrealized Gain (Loss) on Available-for-Sale Securities | Net Unrealized Gains (Losses) on Cash Flow Hedges | Defined Benefit Postretirement Plans | Accumulated Other Comprehensive Income | ||||||||||||
Balance as of January 1, 2013 | $ | -284 | $ | 272 | $ | -110 | $ | 5,358 | $ | 5,236 | ||||||
Other comprehensive income (loss) before reclassifications | -153 | 155 | 526 | - | 528 | |||||||||||
Amounts reclassified from accumulated OCI | 34 | 1 | -13 | 2 | 22 | 3 | -525 | 4 | -482 | |||||||
Net other comprehensive income (loss) | -119 | 142 | 548 | -525 | 46 | |||||||||||
Balance as of September 30, 2013 | $ | -403 | $ | 414 | $ | 438 | $ | 4,833 | $ | 5,282 | ||||||
1 | Pre-tax translation loss reclassifications are included in Other income (expense) - net in the consolidated statements of income. | |||||||||||||||
2 | Realized gains are included in Other income (expense) - net in the consolidated statements of income. | |||||||||||||||
3 | Realized (gains) losses are included in interest expense in the consolidated statements of income. See Note 6 for additional information. | |||||||||||||||
4 | The amortization of prior service credits associated with postretirement benefits, net of amounts capitalized as part of construction | |||||||||||||||
labor, are included in Cost of services and sales and Selling, general and administrative in the consolidated statements of income | ||||||||||||||||
(see Note 5). Actuarial loss reclassifications related to our equity method investees are included in Other income (expense) - net | ||||||||||||||||
in the consolidated statements of income. |
Segment_Information_Tables
Segment Information (Tables) | 9 Months Ended | |||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||
Segment Information | ' | |||||||||||||||||
Summary Of Operating Revenues And Expenses By Segment | ' | |||||||||||||||||
For the three months ended September 30, 2013 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 5,509 | $ | 8,457 | $ | - | $ | - | $ | - | $ | 13,966 | ||||||
Voice, text and other | 9,951 | 5,023 | - | - | - | 14,974 | ||||||||||||
Equipment and other | 2,020 | 1,190 | - | 8 | - | 3,218 | ||||||||||||
Total segment operating revenues | 17,480 | 14,670 | - | 8 | - | 32,158 | ||||||||||||
Operations and support expenses | 10,982 | 10,385 | - | -12 | - | 21,355 | ||||||||||||
Depreciation and amortization expenses | 1,875 | 2,736 | - | 4 | - | 4,615 | ||||||||||||
Total segment operating expenses | 12,857 | 13,121 | - | -8 | - | 25,970 | ||||||||||||
Segment operating income (loss) | 4,623 | 1,549 | - | 16 | - | 6,188 | ||||||||||||
Interest expense | - | - | - | - | 829 | 829 | ||||||||||||
Equity in net income (loss) of affiliates | -18 | - | - | 109 | - | 91 | ||||||||||||
Other income (expense) – net | - | - | - | - | 50 | 50 | ||||||||||||
Segment income (loss) before income taxes | $ | 4,605 | $ | 1,549 | $ | - | $ | 125 | $ | -779 | $ | 5,500 | ||||||
For the nine months ended September 30, 2013 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 15,990 | $ | 25,019 | $ | - | $ | - | $ | - | $ | 41,009 | ||||||
Voice, text and other | 29,902 | 15,470 | - | - | - | 45,372 | ||||||||||||
Equipment and other | 5,570 | 3,609 | - | 29 | - | 9,208 | ||||||||||||
Total segment operating revenues | 51,462 | 44,098 | - | 29 | - | 95,589 | ||||||||||||
Operations and support expenses | 31,932 | 31,137 | - | 564 | - | 63,633 | ||||||||||||
Depreciation and amortization expenses | 5,553 | 8,146 | - | 16 | - | 13,715 | ||||||||||||
Total segment operating expenses | 37,485 | 39,283 | - | 580 | - | 77,348 | ||||||||||||
Segment operating income (loss) | 13,977 | 4,815 | - | -551 | - | 18,241 | ||||||||||||
Interest expense | - | - | - | - | 2,481 | 2,481 | ||||||||||||
Equity in net income (loss) of affiliates | -55 | 1 | - | 548 | - | 494 | ||||||||||||
Other income (expense) – net | - | - | - | - | 370 | 370 | ||||||||||||
Segment income (loss) before income taxes | $ | 13,922 | $ | 4,816 | $ | - | $ | -3 | $ | -2,111 | $ | 16,624 | ||||||
For the three months ended September 30, 2012 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 4,686 | $ | 7,987 | $ | - | $ | - | $ | - | $ | 12,673 | ||||||
Voice, text and other | 10,220 | 5,563 | - | - | - | 15,783 | ||||||||||||
Equipment and other | 1,726 | 1,264 | - | 13 | - | 3,003 | ||||||||||||
Total segment operating revenues | 16,632 | 14,814 | - | 13 | - | 31,459 | ||||||||||||
Operations and support expenses | 10,432 | 10,246 | - | 232 | - | 20,910 | ||||||||||||
Depreciation and amortization expenses | 1,730 | 2,774 | - | 8 | - | 4,512 | ||||||||||||
Total segment operating expenses | 12,162 | 13,020 | - | 240 | - | 25,422 | ||||||||||||
Segment operating income (loss) | 4,470 | 1,794 | - | -227 | - | 6,037 | ||||||||||||
Interest expense | - | - | - | - | 824 | 824 | ||||||||||||
Equity in net income (loss) of affiliates | -17 | - | - | 199 | - | 182 | ||||||||||||
Other income (expense) – net | - | - | - | - | 47 | 47 | ||||||||||||
Segment income (loss) before income taxes | $ | 4,453 | $ | 1,794 | $ | - | $ | -28 | $ | -777 | $ | 5,442 | ||||||
For the nine months ended September 30, 2012 | Advertising Solutions | Consolidated Results | ||||||||||||||||
Wireless | Wireline | Other | Consolidations | |||||||||||||||
Data | $ | 13,392 | $ | 23,722 | $ | - | $ | - | $ | - | $ | 37,114 | ||||||
Voice, text and other | 30,845 | 17,151 | - | - | - | 47,996 | ||||||||||||
Equipment and other | 4,884 | 3,777 | 1,049 | 36 | - | 9,746 | ||||||||||||
Total segment operating revenues | 49,121 | 44,650 | 1,049 | 36 | - | 94,856 | ||||||||||||
Operations and support expenses | 30,000 | 30,849 | 773 | 708 | - | 62,330 | ||||||||||||
Depreciation and amortization expenses | 5,092 | 8,348 | 106 | 25 | - | 13,571 | ||||||||||||
Total segment operating expenses | 35,092 | 39,197 | 879 | 733 | - | 75,901 | ||||||||||||
Segment operating income (loss) | 14,029 | 5,453 | 170 | -697 | - | 18,955 | ||||||||||||
Interest expense | - | - | - | - | 2,624 | 2,624 | ||||||||||||
Equity in net income (loss) of affiliates | -45 | -1 | - | 583 | - | 537 | ||||||||||||
Other income (expense) – net | - | - | - | - | 122 | 122 | ||||||||||||
Segment income (loss) before income taxes | $ | 13,984 | $ | 5,452 | $ | 170 | $ | -114 | $ | -2,502 | $ | 16,990 |
Pension_And_Postretirement_Ben1
Pension And Postretirement Benefits (Tables) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Pension And Postretirement Benefits | ' | |||||||||||
Pension And Postretirement Benefit Costs Included In Operating Expenses | ' | |||||||||||
Three months ended | Nine months ended | |||||||||||
September 30, | September 30, | |||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||
Pension cost: | ||||||||||||
Service cost – benefits earned during the period | $ | 331 | $ | 301 | $ | 991 | $ | 915 | ||||
Interest cost on projected benefit obligation | 608 | 700 | 1,822 | 2,100 | ||||||||
Expected return on assets | -828 | -880 | -2,484 | -2,640 | ||||||||
Amortization of prior service (credit) | -25 | -3 | -71 | -11 | ||||||||
Net pension cost | $ | 86 | $ | 118 | $ | 258 | $ | 364 | ||||
Postretirement cost: | ||||||||||||
Service cost – benefits earned during the period | $ | 95 | $ | 81 | $ | 286 | $ | 247 | ||||
Interest cost on accumulated postretirement benefit obligation | 389 | 446 | 1,168 | 1,340 | ||||||||
Expected return on assets | -177 | -200 | -533 | -601 | ||||||||
Amortization of prior service (credit) | -263 | -215 | -788 | -647 | ||||||||
Net postretirement cost | $ | 44 | $ | 112 | $ | 133 | $ | 339 | ||||
Combined net pension and postretirement cost | $ | 130 | $ | 230 | $ | 391 | $ | 703 |
Fair_Value_Measurements_And_Di2
Fair Value Measurements And Disclosure (Tables) | 9 Months Ended | ||||||||||||
Sep. 30, 2013 | |||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||
Long-Term Debt And Other Financial Instruments | ' | ||||||||||||
30-Sep-13 | 31-Dec-12 | ||||||||||||
Carrying | Fair | Carrying | Fair | ||||||||||
Amount | Value | Amount | Value | ||||||||||
Notes and debentures | $ | 74,103 | $ | 79,156 | $ | 69,578 | $ | 81,310 | |||||
Commercial paper | 1,851 | 1,851 | - | - | |||||||||
Bank borrowings | 1 | 1 | 1 | 1 | |||||||||
Investment securities | 2,525 | 2,525 | 2,218 | 2,218 | |||||||||
Fair Value Leveling | ' | ||||||||||||
30-Sep-13 | |||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||
Available-for-Sale Securities | |||||||||||||
Domestic equities | $ | 1,065 | $ | - | $ | - | $ | 1,065 | |||||
International equities | 583 | - | - | 583 | |||||||||
Fixed income bonds | - | 815 | - | 815 | |||||||||
Asset Derivatives1 | |||||||||||||
Interest rate swaps | - | 216 | - | 216 | |||||||||
Cross-currency swaps | - | 1,657 | - | 1,657 | |||||||||
Liability Derivatives1 | |||||||||||||
Interest rate swaps | - | -4 | - | -4 | |||||||||
Cross-currency swaps | - | -557 | - | -557 | |||||||||
31-Dec-12 | |||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||
Available-for-Sale Securities | |||||||||||||
Domestic equities | $ | 873 | $ | - | $ | - | $ | 873 | |||||
International equities | 469 | - | - | 469 | |||||||||
Fixed income bonds | - | 837 | - | 837 | |||||||||
Asset Derivatives1 | |||||||||||||
Interest rate swaps | - | 287 | - | 287 | |||||||||
Cross-currency swaps | - | 752 | - | 752 | |||||||||
Foreign exchange contracts | - | 1 | - | 1 | |||||||||
Liability Derivatives1 | |||||||||||||
Cross-currency swaps | - | -672 | - | -672 | |||||||||
1 | Derivatives designated as hedging instruments are reflected as Other assets, Other noncurrent liabilities and, for a portion of interest | ||||||||||||
rate swaps, Other current assets. | |||||||||||||
Notional Amount Of Outstanding Derivative Positions | ' | ||||||||||||
September 30, | December 31, | ||||||||||||
2013 | 2012 | ||||||||||||
Interest rate swaps | $ | 4,750 | $ | 3,000 | |||||||||
Cross-currency swaps | 14,136 | 12,071 | |||||||||||
Foreign exchange contracts | 4 | 51 | |||||||||||
Total | $ | 18,890 | $ | 15,122 | |||||||||
Effect Of Derivatives On The Consolidated Statements Of Income | ' | ||||||||||||
Following is the related hedged items affecting our financial position and performance: | |||||||||||||
Effect of Derivatives on the Consolidated Statements of Income | |||||||||||||
Fair Value Hedging Relationships | Three months ended | Nine months ended | |||||||||||
30-Sep-13 | 30-Sep-12 | 30-Sep-13 | 30-Sep-12 | ||||||||||
Interest rate swaps (Interest expense): | |||||||||||||
Gain (Loss) on interest rate swaps | $ | 9 | $ | -21 | $ | -78 | $ | -158 | |||||
Gain (Loss) on long-term debt | -9 | 21 | 78 | 158 | |||||||||
Cash Flow Hedging Relationships | Three months ended | Nine months ended | |||||||||||
30-Sep-13 | 30-Sep-12 | 30-Sep-13 | 30-Sep-12 | ||||||||||
Cross-currency swaps: | |||||||||||||
Gain (Loss) recognized in accumulated OCI | $ | 482 | $ | 355 | $ | 807 | $ | 190 | |||||
Interest rate locks: | |||||||||||||
Interest income (expense) reclassified from accumulated OCI into income | -11 | -12 | -34 | -32 | |||||||||
Foreign exchange contracts: | |||||||||||||
Gain (Loss) recognized in accumulated OCI | 5 | 3 | 5 | 3 |
Preparation_Of_Interim_Financi2
Preparation Of Interim Financial Statements (Details) (USD $) | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 | Mar. 31, 2013 |
Stock Repurchase Program March 2013 [Member] | Stock Repurchase Program March 2013 [Member] | ||
Equity, Class of Treasury Stock [Line Items] | ' | ' | ' |
Stock Repurchase Program, Number of Shares Authorized to be Repurchased | ' | ' | 300 |
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased | ' | 216 | ' |
Treasury Stock, Value, Acquired, Cost Method | $11,134 | ' | ' |
Treasury Stock, Shares, Acquired | 312 | ' | ' |
Earnings_Per_Share_Details
Earnings Per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Earnings Per Share | ' | ' | ' | ' |
Net income | $3,905 | $3,701 | $11,558 | $11,318 |
Net income attributable to noncontrolling interest | -91 | -66 | -222 | -197 |
Net income attributable to AT&T | 3,814 | 3,635 | 11,336 | 11,121 |
Share-based payment | 3 | 3 | 9 | 9 |
Numerator for diluted earnings per share | $3,817 | $3,638 | $11,345 | $11,130 |
Weighted average number of common shares outstanding | 5,315 | 5,771 | 5,402 | 5,848 |
Share-based payment (in shares) | 16 | 21 | 17 | 21 |
Denominator for diluted earnings per share | 5,331 | 5,792 | 5,419 | 5,869 |
Basic Earnings Per Share Attributable to AT&T | $0.72 | $0.63 | $2.10 | $1.90 |
Diluted Earnings Per Share Attributable to AT&T | $0.72 | $0.63 | $2.09 | $1.90 |
Stock options issued and outstanding | 12 | 18 | 12 | 18 |
Stock options with exercise prices above average market price of company stock | 3 | 2 | ' | ' |
Vested stock options with exercise prices below market price of company stock | 9 | 16 | 9 | 16 |
Other_Comprehensive_Income_Det
Other Comprehensive Income (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Other Comprehensive Income | ' | ' | ' | ' |
Foreign currency translation adjustments, as of January 1, 2013, net of tax | ' | ' | ($284) | ' |
Foreign currency translation adjustments, before reclassification adjustment, net of tax | ' | ' | -153 | ' |
Foreign currency translation adjustment reclassified from accumulated OCI, net of tax | 0 | 0 | 34 | 0 |
Foreign currency translation adjustment, net of tax | ' | ' | -119 | ' |
Foreign currency translation adjustments, as of September 30, 2013, net of tax | -403 | ' | -403 | ' |
Net unrealized gain (loss) on available-for-sale securities, as of January 1, 2013, net of tax | ' | ' | 272 | ' |
Net unrealized gain (loss) on available-for-sale securities, before reclassification adjustment, net of tax | ' | ' | 155 | ' |
Net unrealized gain (loss) on available-for-sale securities reclassified from accumulated OCI, net of tax | -3 | -51 | -13 | -63 |
Net unrealized gain (loss) on available-for-sale securities, net of tax | ' | ' | 142 | ' |
Net unrealized gain (loss) on available-for-sale securities, as of September 30, 2013, net of tax | 414 | ' | 414 | ' |
Net unrealized gains (losses) on cash flow hedges, as of January 1, 2013, net of tax | ' | ' | -110 | ' |
Net unrealized gains (losses) on cash flow hedges, before reclassification adjustment, net of tax | 316 | 232 | 526 | 125 |
Net unrealized gains (losses) on cash flow hedges reclassified from accumulated OCI, net of tax | 7 | 8 | 22 | 21 |
Net unrealized gains (losses) on cash flow hedges, net of tax | ' | ' | 548 | ' |
Net unrealized gains (losses) on cash flow hedges, as of September 30, 2013, net of tax | 438 | ' | 438 | ' |
Defined benefit postretirement plans, as of January 1, 2013, net of tax | ' | ' | 5,358 | ' |
Defined benefit postretirement plans, before reclassification, net of tax | ' | ' | 0 | ' |
Defined benefit postretirement plans reclassified from accumulated OCI, net of tax | ' | ' | -525 | ' |
Defined benefit postretirement plans, net of tax | ' | ' | -525 | ' |
Defined benefit postretirement plans, as of September 30, 2013, net of tax | 4,833 | ' | 4,833 | ' |
Accumulated other comprehensive income, Balance as of January 1, 2013 | ' | ' | 5,236 | ' |
Other comprehensive income before reclassification, net of tax | ' | ' | 528 | ' |
Amounts reclassifed from accumulated OCI, net of tax | ' | ' | -482 | ' |
Net other comprehensive income (loss), net of tax | ' | ' | 46 | ' |
Accumulated other comprehensive income, Balance as of September 30, 2013 | $5,282 | ' | $5,282 | ' |
Segment_Information_Summary_Of
Segment Information (Summary Of Operating Revenues And Expenses By Segment) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' |
Data | $13,966 | $12,673 | $41,009 | $37,114 |
Voice, text and other | 14,974 | 15,783 | 45,372 | 47,996 |
Equipment and other | 3,218 | 3,003 | 9,208 | 9,746 |
Total segment operating revenues | 32,158 | 31,459 | 95,589 | 94,856 |
Operations and support expenses | 21,355 | 20,910 | 63,633 | 62,330 |
Depreciation and amortization expenses | 4,615 | 4,512 | 13,715 | 13,571 |
Total segment operating expenses | 25,970 | 25,422 | 77,348 | 75,901 |
Segment operating income (loss) | 6,188 | 6,037 | 18,241 | 18,955 |
Interest expense | 829 | 824 | 2,481 | 2,624 |
Equity in net income (loss) of affiliates | 91 | 182 | 494 | 537 |
Other income (expense) - net | 50 | 47 | 370 | 122 |
Segment income (loss) before income taxes | 5,500 | 5,442 | 16,624 | 16,990 |
Operating Segments [Member] | Wireless [Member] | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' |
Data | 5,509 | 4,686 | 15,990 | 13,392 |
Voice, text and other | 9,951 | 10,220 | 29,902 | 30,845 |
Equipment and other | 2,020 | 1,726 | 5,570 | 4,884 |
Total segment operating revenues | 17,480 | 16,632 | 51,462 | 49,121 |
Operations and support expenses | 10,982 | 10,432 | 31,932 | 30,000 |
Depreciation and amortization expenses | 1,875 | 1,730 | 5,553 | 5,092 |
Total segment operating expenses | 12,857 | 12,162 | 37,485 | 35,092 |
Segment operating income (loss) | 4,623 | 4,470 | 13,977 | 14,029 |
Interest expense | 0 | 0 | 0 | 0 |
Equity in net income (loss) of affiliates | -18 | -17 | -55 | -45 |
Other income (expense) - net | 0 | 0 | 0 | 0 |
Segment income (loss) before income taxes | 4,605 | 4,453 | 13,922 | 13,984 |
Operating Segments [Member] | Wireline [Member] | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' |
Data | 8,457 | 7,987 | 25,019 | 23,722 |
Voice, text and other | 5,023 | 5,563 | 15,470 | 17,151 |
Equipment and other | 1,190 | 1,264 | 3,609 | 3,777 |
Total segment operating revenues | 14,670 | 14,814 | 44,098 | 44,650 |
Operations and support expenses | 10,385 | 10,246 | 31,137 | 30,849 |
Depreciation and amortization expenses | 2,736 | 2,774 | 8,146 | 8,348 |
Total segment operating expenses | 13,121 | 13,020 | 39,283 | 39,197 |
Segment operating income (loss) | 1,549 | 1,794 | 4,815 | 5,453 |
Interest expense | 0 | 0 | 0 | 0 |
Equity in net income (loss) of affiliates | 0 | 0 | 1 | -1 |
Other income (expense) - net | 0 | 0 | 0 | 0 |
Segment income (loss) before income taxes | 1,549 | 1,794 | 4,816 | 5,452 |
Operating Segments [Member] | Advertising Solutions [Member] | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' |
Data | 0 | 0 | 0 | 0 |
Voice, text and other | 0 | 0 | 0 | 0 |
Equipment and other | 0 | 0 | 0 | 1,049 |
Total segment operating revenues | 0 | 0 | 0 | 1,049 |
Operations and support expenses | 0 | 0 | 0 | 773 |
Depreciation and amortization expenses | 0 | 0 | 0 | 106 |
Total segment operating expenses | 0 | 0 | 0 | 879 |
Segment operating income (loss) | 0 | 0 | 0 | 170 |
Interest expense | 0 | 0 | 0 | 0 |
Equity in net income (loss) of affiliates | 0 | 0 | 0 | 0 |
Other income (expense) - net | 0 | 0 | 0 | 0 |
Segment income (loss) before income taxes | 0 | 0 | 0 | 170 |
Operating Segments [Member] | Other Segment [Member] | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' |
Data | 0 | 0 | 0 | 0 |
Voice, text and other | 0 | 0 | 0 | 0 |
Equipment and other | 8 | 13 | 29 | 36 |
Total segment operating revenues | 8 | 13 | 29 | 36 |
Operations and support expenses | -12 | 232 | 564 | 708 |
Depreciation and amortization expenses | 4 | 8 | 16 | 25 |
Total segment operating expenses | -8 | 240 | 580 | 733 |
Segment operating income (loss) | 16 | -227 | -551 | -697 |
Interest expense | 0 | 0 | 0 | 0 |
Equity in net income (loss) of affiliates | 109 | 199 | 548 | 583 |
Other income (expense) - net | 0 | 0 | 0 | 0 |
Segment income (loss) before income taxes | 125 | -28 | -3 | -114 |
Consolidation Non-Segment [Member] | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' |
Data | 0 | 0 | 0 | 0 |
Voice, text and other | 0 | 0 | 0 | 0 |
Equipment and other | 0 | 0 | 0 | 0 |
Total segment operating revenues | 0 | 0 | 0 | 0 |
Operations and support expenses | 0 | 0 | 0 | 0 |
Depreciation and amortization expenses | 0 | 0 | 0 | 0 |
Total segment operating expenses | 0 | 0 | 0 | 0 |
Segment operating income (loss) | 0 | 0 | 0 | 0 |
Interest expense | 829 | 824 | 2,481 | 2,624 |
Equity in net income (loss) of affiliates | 0 | 0 | 0 | 0 |
Other income (expense) - net | 50 | 47 | 370 | 122 |
Segment income (loss) before income taxes | ($779) | ($777) | ($2,111) | ($2,502) |
Segment_Information_Summary_Of1
Segment Information (Summary Of Operating Revenues And Expenses By Segment) (Narrative) (Details) | 9 Months Ended |
Sep. 30, 2013 | |
Business Segment Transaction [Abstract] | ' |
Number of Reportable Segments | 3 |
Pension_And_Postretirement_Ben2
Pension And Postretirement Benefits (Narrative) (Details) (USD $) | 0 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||||
In Millions, unless otherwise specified | Sep. 09, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 |
Pension And Postretirement Benefits | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Combined net pension and postretirement cost increase (decrease) | ' | ($100) | ' | ($312) | ' | ' | ' | ' | ' |
Net supplemental retirement pension benefits costs | ' | 27 | 31 | 82 | 94 | ' | ' | ' | ' |
Net supplemental retirement pension benefits costs - interest cost | ' | 25 | 29 | 76 | 87 | ' | ' | ' | ' |
Estimated future pension contribution in next fiscal year | ' | ' | ' | ' | ' | ' | ' | 175 | ' |
Estimated future pension contribution after next fiscal year | ' | ' | ' | ' | ' | 175 | 175 | ' | ' |
Estimated future pension contribution description | ' | ' | ' | ' | ' | ' | ' | ' | 'The trust is entitled to receive cumulative cash distributions of $560 per annum, which will be distributed quarterly in equal amounts and will be accounted for as contributions. |
Required contribution to our pension plans | 175 | ' | ' | ' | ' | ' | ' | ' | ' |
Annualized cash distributions to be received by the trust/pension | ' | ' | ' | ' | ' | ' | ' | ' | 560 |
Value of entity's noncash contribution to it's defined benefit plans | $9,104 | ' | ' | ' | ' | ' | ' | ' | ' |
Pension_And_Postretirement_Ben3
Pension And Postretirement Benefits (Pension And Postretirement Benefit Costs Included In Operating Expenses) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' |
Net cost | $130 | $230 | $391 | $703 |
Pension Benefit Cost [Member] | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' |
Service cost - benefits earned during the period | 331 | 301 | 991 | 915 |
Interest cost on benefit obligation | 608 | 700 | 1,822 | 2,100 |
Expected return on assets | -828 | -880 | -2,484 | -2,640 |
Amortization of prior service (credit) | -25 | -3 | -71 | -11 |
Net cost | 86 | 118 | 258 | 364 |
Postretirement Benefit Cost [Member] | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' |
Service cost - benefits earned during the period | 95 | 81 | 286 | 247 |
Interest cost on benefit obligation | 389 | 446 | 1,168 | 1,340 |
Expected return on assets | -177 | -200 | -533 | -601 |
Amortization of prior service (credit) | -263 | -215 | -788 | -647 |
Net cost | $44 | $112 | $133 | $339 |
Fair_Value_Measurements_And_Di3
Fair Value Measurements And Disclosure (Narrative) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Fair Value Disclosures [Abstract] | ' | ' |
Fixed income investments - maturities less than 1 year | $109 | ' |
Fixed income investments - maturities within 1 to 3 years | 279 | ' |
Fixed income investments - maturities within 3 to 5 years | 175 | ' |
Fixed income investments - maturities for 5 or more years | 252 | ' |
Anticipated reclassification of holding losses during the next 12 months - cash flow hedges | 45 | ' |
Collateral received from counterparty | 1,190 | 543 |
Collateral submitted to counterparty | 17 | 22 |
Collateral contingently payable to the counterparty | $55 | ' |
Fair_Value_Measurements_And_Di4
Fair Value Measurements And Disclosure (Long-Term Debt And Other Financial Instruments) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Carrying Amount [Member] | ' | ' |
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items] | ' | ' |
Notes and debentures | $74,103 | $69,578 |
Commercial paper | 1,851 | 0 |
Bank borrowings | 1 | 1 |
Investment securities | 2,525 | 2,218 |
Fair Value [Member] | ' | ' |
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items] | ' | ' |
Commercial paper | 1,851 | 0 |
Bank borrowings | 1 | 1 |
Investment securities | 2,525 | 2,218 |
Fair Value [Member] | Level 2 [Member] | ' | ' |
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items] | ' | ' |
Notes and debentures | $79,156 | $81,310 |
Fair_Value_Measurements_And_Di5
Fair Value Measurements And Disclosure (Fair Value Leveling) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Interest Rate Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | $216 | $287 |
Liability Derivatives (at fair value) | -4 | ' |
Cross-Currency Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 1,657 | 752 |
Liability Derivatives (at fair value) | -557 | -672 |
Foreign Exchange Contracts [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | ' | 1 |
Domestic Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 1,065 | 873 |
International Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 583 | 469 |
Fixed Income Bonds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 815 | 837 |
Level 1 [Member] | Interest Rate Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 0 | 0 |
Liability Derivatives (at fair value) | 0 | ' |
Level 1 [Member] | Cross-Currency Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 0 | 0 |
Liability Derivatives (at fair value) | 0 | 0 |
Level 1 [Member] | Foreign Exchange Contracts [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | ' | 0 |
Level 1 [Member] | Domestic Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 1,065 | 873 |
Level 1 [Member] | International Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 583 | 469 |
Level 1 [Member] | Fixed Income Bonds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 0 | 0 |
Level 2 [Member] | Interest Rate Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 216 | 287 |
Liability Derivatives (at fair value) | -4 | ' |
Level 2 [Member] | Cross-Currency Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 1,657 | 752 |
Liability Derivatives (at fair value) | -557 | -672 |
Level 2 [Member] | Foreign Exchange Contracts [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | ' | 1 |
Level 2 [Member] | Domestic Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 0 | 0 |
Level 2 [Member] | International Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 0 | 0 |
Level 2 [Member] | Fixed Income Bonds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 815 | 837 |
Level 3 [Member] | Interest Rate Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 0 | 0 |
Liability Derivatives (at fair value) | 0 | ' |
Level 3 [Member] | Cross-Currency Swaps [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | 0 | 0 |
Liability Derivatives (at fair value) | 0 | 0 |
Level 3 [Member] | Foreign Exchange Contracts [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Asset Derivatives (at fair value) | ' | 0 |
Level 3 [Member] | Domestic Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 0 | 0 |
Level 3 [Member] | International Equities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | 0 | 0 |
Level 3 [Member] | Fixed Income Bonds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Available-for-Sale Securities (at fair value) | $0 | $0 |
Fair_Value_Measurements_And_Di6
Fair Value Measurements And Disclosure (Notional Amount Of Our Outstanding Derivative Positions) (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Derivative [Line Items] | ' | ' |
Notional Amount of Outstanding Derivative Positions | $18,890 | $15,122 |
Interest Rate Swaps [Member] | ' | ' |
Derivative [Line Items] | ' | ' |
Notional Amount of Outstanding Derivative Positions | 4,750 | 3,000 |
Cross-Currency Swaps [Member] | ' | ' |
Derivative [Line Items] | ' | ' |
Notional Amount of Outstanding Derivative Positions | 14,136 | 12,071 |
Foreign Exchange Contracts [Member] | ' | ' |
Derivative [Line Items] | ' | ' |
Notional Amount of Outstanding Derivative Positions | $4 | $51 |
Fair_Value_Measurements_And_Di7
Fair Value Measurements And Disclosure (Effect Of Derivatives On The Consolidated Statements Of Income) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Fair Value Hedging Relationships [Member] | Interest Rate Swaps [Member] | Interest expense [Member] | ' | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' | ' |
Gain (Loss) on interest rate swaps | $9 | ($21) | ($78) | ($158) |
Gain (Loss) on long-term debt | -9 | 21 | 78 | 158 |
Cash Flow Hedging Relationships [Member] | Cross-Currency Swaps [Member] | ' | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' | ' |
Gain (Loss) recognized in accumulated OCI | 482 | 355 | 807 | 190 |
Cash Flow Hedging Relationships [Member] | Interest Rate Locks [Member] | ' | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' | ' |
Interest income (expense) reclassified from accumulated OCI into income | -11 | -12 | -34 | -32 |
Cash Flow Hedging Relationships [Member] | Foreign Exchange Contracts [Member] | ' | ' | ' | ' |
Derivative Instruments, Gain (Loss) [Line Items] | ' | ' | ' | ' |
Gain (Loss) recognized in accumulated OCI | $5 | $3 | $5 | $3 |
Acquisitions_Dispositions_And_1
Acquisitions, Dispositions And Other Adjustments (Narrative) (Details) (USD $) | 9 Months Ended | 1 Months Ended | 6 Months Ended | 9 Months Ended | 1 Months Ended | ||||||||||
In Millions, except Per Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Jul. 31, 2013 | Jun. 30, 2013 | Sep. 30, 2013 | Oct. 30, 2013 | Jul. 31, 2013 | Jul. 31, 2013 | Jul. 31, 2013 | Jul. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 |
Acquisition [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Leap Wireless International [Member] | Atlantic_Tele_Network [Member] | Atlantic_Tele_Network [Member] | Atlantic_Tele_Network [Member] | Verizon-Alltel [Member] | |||
Licenses [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | Acquisition [Member] | |||
Initial Period [Member] | Extended Period [Member] | Minimum [Member] | Maximum [Member] | Licenses [Member] | Goodwill [Member] | Licenses [Member] | |||||||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - anticipated or actual acquisition period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30-Sep-13 |
Acquisition of asset - anticipated or actual acquisition date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30-Sep-13 | ' | ' | ' |
Acquisition of business - end of termination rights period | ' | ' | ' | ' | ' | ' | ' | 11-Jul-14 | 11-Jan-15 | ' | ' | ' | ' | ' | ' |
Acquisition of business - cash paid or to be paid to seller | ' | ' | ' | $1,260 | ' | ' | ' | ' | ' | ' | ' | $806 | ' | ' | ' |
Acquisition of business - preliminary value/amount of assets acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 322 | 239 | ' |
Acquisition of assets - anticipated or actual cash paid to seller | 4,025 | 551 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,900 |
Acquisition of assets - noncash consideration | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'assignment of Advanced Wireless Service (AWS) spectrum licenses |
Acquisition of assets - estimated number of people in network (in millions) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 42 |
Acquisition of assets - number of states (as shown) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18 |
Acquisition of assets - number of markets given (as shown) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5 |
Acquisition of assets - approximate gain on spectrum swaps | ' | ' | 293 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Pendiing Acquisitions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - agreement date or period | ' | ' | ' | 31-Jul-13 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - anticipated or actual acquisition period | ' | ' | ' | ' | ' | 'first quarter of 2014 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - acquired entity's stockholder approval date | ' | ' | ' | ' | ' | ' | 30-Oct-13 | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - estimated purchase price (in US dollars per share) | ' | ' | ' | $15 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - preliminary allocation to debt, net of cash received by seller | ' | ' | ' | ' | $2,700 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - other noncash consideration | ' | ' | ' | 'one non-transferable contingent value right per share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - estimated number of subscribers acquired or to be acquired (in millions) | ' | ' | ' | ' | ' | 5 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - estimated number of people in network (in millions) | ' | ' | ' | ' | ' | 96 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - estimated number of people in LTE network (in millions) | ' | ' | ' | ' | ' | 21 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - number of states/service areas (as shown) | ' | ' | ' | ' | ' | 35 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Acquisition of business - spectrum purchase option period (in days) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30 | 60 | ' | ' | ' | ' |
Acquisition of business - contingent consideration description | ' | ' | ' | 'Leap may be required to pay a termination fee or AT&T may be required to provide Leap with a three-year roaming agreement for LTE data coverage in certain Leap markets lacking LTE coverage, if the transaction does not close. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Subsequent_Events_Narrative_De
Subsequent Events (Narrative) (Details) (Pending Monetization Of Real-Estate Assets [Member], Crown Castle International [Member], USD $) | 0 Months Ended | 12 Months Ended |
In Millions, unless otherwise specified | Oct. 20, 2013 | Dec. 31, 2013 |
Pending Monetization Of Real-Estate Assets [Member] | Crown Castle International [Member] | ' | ' |
Subsequent Event [Line Items] | ' | ' |
Subsequent event date - date of announcement | 20-Oct-13 | ' |
Subsequent event description | 'On October 20, 2013, we announced an agreement with Crown Castle International Corp. (Crown Castle) in which Crown Castle will have the exclusive rights to lease and operate approximately 9,100 and purchase approximately 600 of our wireless towers for $4,850. | ' |
Approximate number of towers subject to failed sale lease-back (as shown) | 9,100 | ' |
Approximate number of towers subject to disposition (as shown) | 600 | ' |
Proceeds from failed sale lease-back and sale | $4,850 | ' |
Term of lease | '28 years 0 months 0 days | ' |
Approximate fixed future purchase option price on sale lease-back | $4,200 | ' |
Minimum lease-back term | '10 years 0 months 0 days | ' |
Date business transaction is expected to close | ' | 31-Dec-13 |