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: 2020 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Operating Activities | |||
| Net income (loss) | $ (3,821) | 14,975 | 19,953 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization | 28,516 | 28,217 | 28,430 |
| Amortization of film and television costs | 8,603 | 9,587 | 3,772 |
| Undistributed earnings from investments in equity affiliates | 38 | 295 | 292 |
| Provision for uncollectible accounts | 1,972 | 2,575 | 1,791 |
| Deferred income tax expense | 1,675 | 1,806 | 4,931 |
| Net (gain) loss on investments, net of impairments | (742) | (1,218) | (739) |
| Pension and postretirement benefit expense (credit) | (2,992) | (2,002) | (1,148) |
| Actuarial (gain) loss on pension and postretirement benefits | 4,169 | 5,171 | (3,412) |
| Asset impairments and abandonments | 18,880 | 1,458 | 46 |
| Changes in operating assets and liabilities: | |||
| Receivables | 2,216 | 2,812 | (1,580) |
| Other current assets, inventories and theatrical film and television production costs | (13,070) | (12,852) | (6,442) |
| Accounts payable and other accrued liabilities | (1,410) | (1,524) | 1,602 |
| Equipment installment receivables and related sales | (1,429) | 548 | (490) |
| Deferred customer contract acquisition and fulfillment costs | 376 | (910) | (3,458) |
| Postretirement claims and contributions | (985) | (1,008) | (936) |
| Other - net | 1,134 | 738 | 990 |
| Total adjustments | 46,951 | 33,693 | 23,649 |
| Net Cash Provided by Operating Activities | 43,130 | 48,668 | 43,602 |
| Investing Activities | |||
| Capital expenditures, including $(123), $(200) and $(493) of interest during construction | (15,675) | (19,635) | (21,251) |
| Acquisitions, net of cash acquired | (1,851) | (1,809) | (43,309) |
| Dispositions | 3,641 | 4,684 | 2,148 |
| (Purchases), sales and settlement of securities and investments, net | 497 | 435 | (183) |
| Advances to and investments in equity affiliates, net | (160) | (365) | (1,050) |
| Cash collections of deferred purchase price | 0 | 0 | 500 |
| Net Cash Used in Investing Activities | (13,548) | (16,690) | (63,145) |
| Financing Activities | |||
| Net change in short-term borrowings with original maturities of three months or less | (17) | (276) | (821) |
| Issuance of other short-term borrowings | 9,440 | 4,012 | 4,898 |
| Repayment of other short-term borrowings | (9,467) | (6,904) | (2,098) |
| Issuance of long-term debt | 31,988 | 17,039 | 41,875 |
| Repayment of long-term debt | (39,964) | (27,592) | (52,643) |
| Payment of vendor financing | (2,966) | (3,050) | (560) |
| Issuance of preferred stock | 3,869 | 1,164 | 0 |
| Purchase of treasury stock | (5,498) | (2,417) | (609) |
| Issuance of treasury stock | 105 | 631 | 745 |
| Issuance of preferred interests in subsidiaries | 1,979 | 7,876 | 0 |
| Redemption of preferred interest in subsidiary | (1,950) | 0 | 0 |
| Dividends paid | (14,956) | (14,888) | (13,410) |
| Other - net | (4,570) | (678) | (3,366) |
| Net Cash Used in Financing Activities | (32,007) | (25,083) | (25,989) |
| Net (decrease) increase in cash and cash equivalents and restricted cash | (2,425) | 6,895 | (45,532) |
| Cash and cash equivalents and restricted cash beginning of year | 12,295 | 5,400 | |
| Cash and Cash Equivalents and Restricted Cash End of Year | 9,870 | 12,295 | 5,400 |
| External Links | |
| AT&T INC. (T) Fiscal Year 2020 | |
| 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 |