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: 2014 | |||
Consolidated Statements Of Income | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 20, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Operating Revenues | |||
| Service | $ 118,437 | 119,252 | 118,506 |
| Equipment | 14,010 | 9,500 | 8,928 |
| Total Operating Revenues | 132,447 | 128,752 | 127,434 |
| Operating Expenses | |||
| Cost of services and sales (exclusive of depreciation and amortization shown separately below) | 60,611 | 51,464 | 55,228 |
| Selling, general and administrative | 39,697 | 28,414 | 41,066 |
| Abandonment of network assets | 2,120 | 0 | 0 |
| Depreciation and amortization | 18,273 | 18,395 | 18,143 |
| Total operating expenses | 120,701 | 98,273 | 114,437 |
| Operating Income | 11,746 | 30,479 | 12,997 |
| Other Income (Expense) | |||
| Interest expense | (3,613) | (3,940) | (3,444) |
| Equity in net income of affiliates | 175 | 642 | 752 |
| Other income (expense) - net | 1,652 | 596 | 134 |
| Total other income (expense) | (1,786) | (2,702) | (2,558) |
| Income Before Income Taxes | 9,960 | 27,777 | 10,439 |
| Income tax expense | 3,442 | 9,224 | 2,900 |
| Net Income | 6,518 | 18,553 | 7,539 |
| Less: Net Income Attributable to Noncontrolling Interest | (294) | (304) | (275) |
| Net Income Attributable to AT&T | 6,224 | 18,249 | 7,264 |
| Basic Earnings Per Share Attributable to AT&T | 1.1900 | 3.3900 | 1.2500 |
| Diluted Earnings Per Share Attributable to AT&T | 1.1900 | 3.3900 | 1.2500 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AT&T INC. | |||
Ticker: T Fiscal Year: 2014 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 20, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Net Income | $ 6,518 | 18,553 | 7,539 |
| Other comprehensive income, net of tax: | |||
| Foreign Currency: | |||
| Foreign currency translation adjustments (includes $0, $(2) and $0 attributable to noncontrolling interest), net of taxes of $(45), $(78) and $48 | (75) | (140) | 87 |
| Reclassification adjustment included in net income, net of taxes of $224, $30 and $0 | 416 | 55 | 0 |
| Available-for-sale securities: | |||
| Net unrealized gains, net of taxes of $40, $137, and $64 | 64 | 257 | 118 |
| Reclassification adjustment included in net income, net of taxes of $(10), $(42) and $(36) | (16) | (79) | (68) |
| Cash flow hedges: | |||
| Net unrealized gains, net of taxes of $140, $286 and $154 | 260 | 525 | 283 |
| Reclassification adjustment included in net income, net of taxes of $18, $16 and $15 | 36 | 30 | 28 |
| Defined benefit postretirement plans: | |||
| Net actuarial loss from equity method investees arising during period, net of taxes of $0, $0 and $(32) | 0 | 0 | (53) |
| Reclassification adjustment included in net income, net of taxes of $11, $7 and $0 | 26 | 11 | 0 |
| Net prior service credit arising during period, net of taxes of $262, $1,695 and $1,378 | 428 | 2,765 | 2,249 |
| Amortization of net prior service credit included in net income, net of taxes of $(588), $(480) and $(361) | (959) | (782) | (588) |
| Other comprehensive income | 180 | 2,642 | 2,056 |
| Total comprehensive Income | 6,698 | 21,195 | 9,595 |
| Less: Total comprehensive income attributable to noncontrolling interest | (294) | (302) | (275) |
| Total Comprehensive Income Attributable to AT&T | 6,404 | 20,893 | 9,320 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AT&T INC. | |||
Ticker: T Fiscal Year: 2014 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 20, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Operating Activities | |||
| Net Income | $ 6,518 | 18,553 | 7,539 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 18,273 | 18,395 | 18,143 |
| Undistributed earnings from investments in equity affiliates | (27) | (324) | (615) |
| Provision for uncollectible accounts | 1,032 | 954 | 1,117 |
| Deferred income tax expense | 1,772 | 6,242 | 1,747 |
| Net gain from sale of investments, net of impairments | (1,532) | (492) | (19) |
| Actuarial loss (gain) on pension and postretirement benefits | 7,869 | (7,584) | 9,994 |
| Abandonment of network assets | 2,120 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (2,651) | (1,329) | (1,365) |
| Other current assets | (962) | 412 | 1,017 |
| Accounts payable and accrued liabilities | 2,412 | (152) | 1,798 |
| Retirement benefit funding | (560) | (209) | 0 |
| Other - net | (2,926) | 330 | (180) |
| Total adjustments | 24,820 | 16,243 | 31,637 |
| Net Cash Provided by Operating Activities | 31,338 | 34,796 | 39,176 |
| Investing Activities | |||
| Capital expenditures | (21,199) | (20,944) | (19,465) |
| Interest during construction | (234) | (284) | (263) |
| Acquisitions, net of cash acquired | (3,141) | (4,113) | (828) |
| Dispositions | 8,123 | 1,923 | 812 |
| (Purchases) sales of securities, net | (1,890) | 0 | 65 |
| Return of advances to and investments in equity affiliates | 4 | 301 | 0 |
| Other | 0 | (7) | (1) |
| Net Cash Used in Investing Activities | (18,337) | (23,124) | (19,680) |
| Financing Activities | |||
| Net change in short-term borrowings with original maturities of three months or less | (16) | 20 | 1 |
| Issuance of other short-term borrowings | 0 | 1,476 | 0 |
| Repayment of short-term borrowings | 0 | (1,476) | 0 |
| Issuance of long-term debt | 15,926 | 12,040 | 13,486 |
| Repayment of long-term debt | (10,400) | (7,698) | (8,733) |
| Issuance of other long-term financing obligations | 107 | 4,796 | 0 |
| Purchase of treasury stock | (1,617) | (13,028) | (12,752) |
| Issuance of treasury stock | 39 | 114 | 477 |
| Dividends paid | (9,552) | (9,696) | (10,241) |
| Other | (2,224) | 251 | 89 |
| Net Cash Used in Financing Activities | (7,737) | (13,201) | (17,673) |
| Net increase (decrease) in cash and cash equivalents | 5,264 | (1,529) | 1,823 |
| Cash and cash equivalents beginning of year | 3,339 | 4,868 | |
| Cash and Cash Equivalents End of Year | 8,603 | 3,339 | 4,868 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
AT&T INC. | ||
Ticker: T Fiscal Year: 2014 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2014 10-K (Filed: Feb 20, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2014 | Dec 31, 2013 | |
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $ 8,603 | 3,339 |
| Accounts receivable - net of allowances for doubtful accounts of $454 and $483 | 14,527 | 12,918 |
| Prepaid expenses | 831 | 960 |
| Deferred income taxes | 1,142 | 1,199 |
| Other current assets | 6,925 | 4,780 |
| Total current assets | 32,028 | 23,196 |
| Property, plant and equipment - net | 112,898 | 110,968 |
| Goodwill | 69,692 | 69,273 |
| Licenses | 60,824 | 56,433 |
| Other Intangible Assets - Net | 6,139 | 5,779 |
| Investments in Equity Affiliates | 250 | 3,860 |
| Other Assets | 10,998 | 8,278 |
| Total Assets | 292,829 | 277,787 |
| Liabilities and Stockholders' Equity | ||
| Current Liabilities | ||
| Debt maturing within one year | 6,056 | 5,498 |
| Accounts payable and accrued liabilities | 23,592 | 21,107 |
| Advanced billings and customer deposits | 4,105 | 4,212 |
| Accrued taxes | 1,091 | 1,774 |
| Dividends payable | 2,438 | 2,404 |
| Total current liabilities | 37,282 | 34,995 |
| Long-Term Debt | 76,011 | 69,290 |
| Deferred Credits and Other Noncurrent Liabilities | ||
| Deferred income taxes | 37,544 | 36,308 |
| Postemployment benefit obligation | 37,079 | 29,946 |
| Other noncurrent liabilities | 17,989 | 15,766 |
| Total deferred credits and other noncurrent liabilities | 92,612 | 82,020 |
| Stockholders' Equity | ||
| Common stock ($1 par value, 14,000,000,000 authorized at December 31, 2014 and 2013: issued 6,495,231,088 at December 31, 2014 and 2013) | 6,495 | 6,495 |
| Additional paid-in capital | 91,108 | 91,091 |
| Retained earnings | 27,736 | 31,141 |
| Treasury stock (1,308,318,131 at December 31, 2014 and 1,268,914,913 at December 31, 2013, at cost) | (47,029) | (45,619) |
| Accumulated other comprehensive income | 8,060 | 7,880 |
| Noncontrolling interest | 554 | 494 |
| Total stockholders' equity | 86,924 | 91,482 |
| Total Liabilities and Stockholders' Equity | 292,829 | 277,787 |
| External Links | |
| AT&T INC. (T) Fiscal Year 2014 | |
| 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 |