10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AT&T INC. | |||
Ticker: T Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Operating Revenues | |||
| Wireless service | $ 53,510 | 48,563 | 44,249 |
| Voice | 28,315 | 32,324 | 37,322 |
| Data | 27,479 | 25,561 | 24,416 |
| Directory | 3,935 | 4,724 | 5,416 |
| Other | 11,041 | 11,341 | 12,040 |
| Total operating revenues | 124,280 | 122,513 | 123,443 |
| Operating Expenses | |||
| Cost of services and sales (exclusive of depreciation and amortization shown separately below) | 52,263 | 50,571 | 56,688 |
| Selling, general and administrative | 33,065 | 31,427 | 48,772 |
| Depreciation and amortization | 19,379 [1] | 19,515 | 19,673 |
| Total operating expenses | 104,707 | 101,513 | 125,133 |
| Operating Income (Loss) | 19,573 | 21,000 | (1,690) |
| Other Income (Expense) | |||
| Interest expense | (2,994) | (3,368) | (3,369) |
| Equity in net income of affiliates | 762 | 734 | 819 |
| Other income (expense) - net | 897 | 152 | (332) |
| Total other income (expense) | (1,335) | (2,482) | (2,882) |
| Income (Loss) from Continuing Operations Before Income Taxes | 18,238 | 18,518 | (4,572) |
| Income tax (benefit) expense | (1,162) | 6,091 | (2,210) |
| Income (Loss) from Continuing Operations | 19,400 | 12,427 | (2,362) |
| Income (Loss) from Discontinued Operations, net of tax | 779 | 20 | (2) |
| Net Income (Loss) | 20,179 | 12,447 | (2,364) |
| Income Attributable to Noncontrolling Interest | (315) | (309) | (261) |
| Net Income (Loss) Attributable to AT&T | 19,864 | 12,138 | (2,625) |
| Basic earnings (loss) per share from continuing operations attributable to AT&T (in dollars per share) | 3.23 [2] | 2.06 [3] | (0.44) |
| Basic earnings per share from discontinued operations attributable to AT&T (per share) | 0.13 | 0.00 | 0.00 |
| Basic earnings (loss) per share attributable to AT&T (per share) | 3.36 | 2.06 | (0.44) |
| Diluted earnings (loss) per share from continuing operations attributable to AT&T (per share) | 3.22 | 2.05 | (0.44) |
| Diluted earnings per share from discontinued operations attributable to AT&T (per share) | 0.13 | 0.00 | 0.00 |
| Diluted earnings (loss) per share attributable to AT&T (per share) | 3.35 | 2.05 | (0.44) |
| [1] A portion of pension and postretirement costs are capitalized as a part of construction labor. | The effect of the accounting change is also reflected in our statement of cash flows on the "Net income (loss)" and relevant adjustments to reconcile net income (loss) to net cash provided by operating activities. | |||
| [2] Quarterly earnings per share impacts may not add to full-year earnings per share impacts due to the difference in weighted average common shares for the quarters versus the weighted average common shares for the year. | |||
| [3] Amounts for 2009 are adjusted for the change in accounting policy as discussed in Note 1. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AT&T INC. | |||
Ticker: T Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Operating Activities | |||
| Net income (loss) | $ 20,179 | 12,447 | (2,364) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization | 19,379 [1] | 19,515 | 19,673 |
| Undistributed earnings from investments in equity affiliates | (603) | (419) | (654) |
| Provision for uncollectible accounts | 1,334 [2] | 1,762 | 1,795 |
| Deferred income tax expense (benefit) and noncurrent unrecognized tax benefits | (3,280) | 1,885 | (4,202) |
| Net (gain) loss from impairment and sale of investments | (802) | 0 | 517 |
| Actuarial loss on pension and postretirement benefit plans | 2,521 | 215 | 25,150 |
| (Income) loss from discontinued operations | (779) | (20) | 2 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (99) | (490) | (1,475) |
| Other current assets | 717 | (617) | 1,854 |
| Accounts payable and accrued liabilities | (2,414) | 943 | (4,456) |
| Net income attributable to noncontrolling interest | (315) | (309) | (261) |
| Other - net | (845) | (507) | (1,969) |
| Total adjustments | 14,814 | 21,958 | 35,974 |
| Net Cash Provided by Operating Activities | 34,993 | 34,405 | 33,610 |
| Investing Activities | |||
| Capital expenditures | (19,530) | (16,554) | (19,631) |
| Interest during construction | (772) | (740) | (659) |
| Acquisitions, net of cash acquired | (2,906) | (983) | (10,972) |
| Dispositions | 1,830 | 287 | 1,615 |
| (Purchases) and sale of securities, net | (100) | 55 | 68 |
| Sale of other investments | 0 | 0 | 436 |
| Other | 29 | 52 | 45 |
| Net Cash Used in Investing Activities | (21,449) | (17,883) | (29,098) |
| Financing Activities | |||
| Net change in short-term borrowings with original maturities of three months or less | 1,592 | (3,910) | 2,017 |
| Issuance of long-term debt | 2,235 | 8,161 | 12,416 |
| Repayment of long-term debt | (9,294) | (8,652) | (4,009) |
| Purchase of treasury shares | 0 | 0 | (6,077) |
| Issuance of treasury shares | 50 | 28 | 319 |
| Dividends paid | (9,916) | (9,670) | (9,507) |
| Other | (515) | (465) | 151 |
| Net Cash Used in Financing Activities | (15,848) | (14,508) | (4,690) |
| Net increase (decrease) in cash and cash equivalents | (2,304) | 2,014 | (178) |
| Cash and cash equivalents beginning of year | 3,741 | 1,727 | |
| Cash and Cash Equivalents End of year | 1,437 | 3,741 | 1,727 |
| [2] Excludes direct charges and credits to expense on the consolidated statements of income and reinvested earnings related to interexchange carrier receivables. | |||
| [1] A portion of pension and postretirement costs are capitalized as a part of construction labor. | The effect of the accounting change is also reflected in our statement of cash flows on the "Net income (loss)" and relevant adjustments to reconcile net income (loss) to net cash provided by operating activities. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
AT&T INC. | ||
Ticker: T Fiscal Year: 2010 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $ 1,437 | 3,741 |
| Accounts receivable - net of allowances for doubtful accounts of $957 and $1,202 | 13,610 | 14,845 |
| Prepaid expenses | 1,458 | 1,562 |
| Deferred income taxes | 1,170 | 1,247 |
| Other current assets | 2,276 | 3,792 |
| Total current assets | 19,951 | 25,187 |
| Property, Plant and Equipment - Net | 103,196 | 99,519 |
| Goodwill | 73,601 | 72,782 |
| Licenses | 50,372 | 48,741 |
| Customer Lists and Relationships - Net | 4,708 | 7,393 |
| Other Intangible Assets - Net | 5,440 | 5,494 |
| Investments in Equity Affiliates | 4,515 | 2,921 |
| Other Assets | 6,705 | 6,275 |
| Total Assets | 268,488 | 268,312 |
| Liabilities and Stockholders' Equity | ||
| Current Liabilities | ||
| Debt maturing within one year | 7,196 | 7,361 |
| Accounts payable and accrued liabilities | 20,055 | 21,260 |
| Advanced billing and customer deposits | 4,086 | 4,170 |
| Accrued taxes | 72 | 1,681 |
| Dividends payable | 2,542 | 2,479 |
| Total current liabilities | 33,951 | 36,951 |
| Long-Term Debt | 58,971 | 64,720 |
| Deferred Credits and Other Noncurrent Liabilities | ||
| Deferred income taxes | 22,070 | 23,579 |
| Postemployment benefit obligation | 28,803 | 27,847 |
| Other noncurrent liabilities | 12,743 | 13,226 |
| Total deferred credits and other noncurrent liabilities | 63,616 | 64,652 |
| Stockholders' Equity | ||
| Common stock ($1 par value, 14,000,000,000 authorized at December 31, 2010 and 2009: issued 6,495,231,088 at December 31, 2010 and 2009) | 6,495 | 6,495 |
| Additional paid-in capital | 91,731 | 91,707 |
| Retained earnings | 31,792 | 21,944 |
| Treasury stock (584,144,220 at December 31, 2010 and 593,300,187 at December 31, 2009, at cost) | (21,083) | (21,260) |
| Accumulated other comprehensive income | 2,712 | 2,678 |
| Noncontrolling interest | 303 | 425 |
| Total stockholders' equity | 111,950 | 101,989 |
| Total Liabilities and Stockholders' Equity | 268,488 | 268,312 |
| External Links | |
| AT&T INC. (T) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |