AT&T Inc., adjusted current assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	36,458)	33,108)	59,997)	52,008)	54,761)
Adjustments
Add: Allowance for credit loss	499)	588)	771)	1,221)	1,235)
After Adjustment
Adjusted current assets	36,957)	33,696)	60,768)	53,229)	55,996)

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AT&T Inc., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	407,060)	402,853)	551,622)	525,761)	551,669)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Allowance for credit loss	499)	588)	771)	1,221)	1,235)
Less: Noncurrent deferred tax assets²	83)	86)	230)	198)	168)
After Adjustment
Adjusted total assets	407,476)	403,355)	552,163)	526,784)	552,736)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax assets. See details »

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AT&T Inc., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	287,645)	296,396)	367,767)	346,521)	349,735)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Noncurrent deferred tax liabilities²	58,666)	57,032)	65,226)	60,472)	59,502)
After Adjustment
Adjusted total liabilities	228,979)	239,364)	302,541)	286,049)	290,233)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax liabilities. See details »

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AT&T Inc., adjusted stockholders’ equity attributable to AT&T

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Stockholders’ equity attributable to AT&T	103,297)	97,500)	166,332)	161,673)	184,221)
Adjustments
Less: Net deferred tax assets (liabilities)¹	(58,583)	(56,946)	(64,996)	(60,274)	(59,334)
Add: Allowance for credit loss	499)	588)	771)	1,221)	1,235)
Add: Redeemable noncontrolling interest	1,973)	—)	—)	—)	—)
Add: Noncontrolling interest	14,145)	8,957)	17,523)	17,567)	17,713)
After Adjustment
Adjusted total stockholders’ equity	178,497)	163,991)	249,622)	240,735)	262,503)

¹ Net deferred tax assets (liabilities). See details »

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AT&T Inc., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Debt maturing within one year	9,477)	7,467)	24,630)	3,470)	11,838)
Long-term debt, excluding maturing within one year	127,854)	128,423)	152,724)	153,775)	151,309)
Total reported debt	137,331)	135,890)	177,354)	157,245)	163,147)
Stockholders’ equity attributable to AT&T	103,297)	97,500)	166,332)	161,673)	184,221)
Total reported capital	240,628)	233,390)	343,686)	318,918)	347,368)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Current operating lease liabilities (included in Accounts payable and accrued liabilities)²	3,524)	3,547)	3,706)	3,537)	3,451)
Add: Noncurrent operating lease liabilities³	17,568)	18,659)	21,261)	22,202)	21,804)
Adjusted total debt	158,423)	158,096)	202,321)	182,984)	188,402)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(58,583)	(56,946)	(64,996)	(60,274)	(59,334)
Add: Allowance for credit loss	499)	588)	771)	1,221)	1,235)
Add: Redeemable noncontrolling interest	1,973)	—)	—)	—)	—)
Add: Noncontrolling interest	14,145)	8,957)	17,523)	17,567)	17,713)
Adjusted total stockholders’ equity	178,497)	163,991)	249,622)	240,735)	262,503)
After Adjustment
Adjusted total capital	336,920)	322,087)	451,943)	423,719)	450,905)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (included in Accounts payable and accrued liabilities). See details »

³ Noncurrent operating lease liabilities. See details »

⁴ Net deferred tax assets (liabilities). See details »

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AT&T Inc., adjusted net income (loss) attributable to AT&T

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income (loss) attributable to AT&T	14,400)	(8,524)	20,081)	(5,176)	13,903)
Adjustments
Add: Deferred income tax expense (benefit)¹	1,456)	3,074)	5,504)	1,245)	1,701)
Add: Increase (decrease) in allowance for credit loss	(89)	(70)	(450)	(14)	328)
Less: Loss from discontinued operations, net of tax	—)	(181)	—)	—)	—)
Add: Other comprehensive income (loss), net of tax	(466)	(763)	(803)	(1,199)	1,212)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	1,223)	1,469)	1,396)	1,296)	1,063)
After Adjustment
Adjusted net income (loss)	16,524)	(4,633)	25,728)	(3,848)	18,207)

¹ Deferred income tax expense (benefit). See details »

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AT&T Inc. (NYSE:T)

Adjustments to Financial Statements