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: 2021 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 16, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Operating Activities | |||
| Net income (loss) | $ 21,479 | (3,821) | 14,975 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization | 22,862 | 28,516 | 28,217 |
| Amortization of film and television costs | 11,006 | 8,603 | 9,587 |
| Distributed (undistributed) earnings from investments in equity affiliates | 184 | 38 | 295 |
| Provision for uncollectible accounts | 1,240 | 1,972 | 2,575 |
| Deferred income tax expense | 5,246 | 1,675 | 1,806 |
| Net (gain) loss on investments, net of impairments | (927) | (742) | (1,218) |
| Pension and postretirement benefit expense (credit) | (3,848) | (2,992) | (2,002) |
| Actuarial (gain) loss on pension and postretirement benefits | (4,140) | 4,169 | 5,171 |
| Asset impairments and abandonments | 4,904 | 18,880 | 1,458 |
| Changes in operating assets and liabilities: | |||
| Receivables | (634) | 2,216 | 2,812 |
| Other current assets, inventories and theatrical film and television production costs | (16,472) | (13,070) | (12,852) |
| Accounts payable and other accrued liabilities | 1,636 | (1,410) | (1,524) |
| Equipment installment receivables and related sales | (265) | (1,429) | 548 |
| Deferred customer contract acquisition and fulfillment costs | 52 | 376 | (910) |
| Postretirement claims and contributions | (822) | (985) | (1,008) |
| Other net | 456 | 1,134 | 738 |
| Total adjustments | 20,478 | 46,951 | 33,693 |
| Net Cash Provided by Operating Activities | 41,957 | 43,130 | 48,668 |
| Investing Activities | |||
| Capital expenditures | (16,527) | (15,675) | (19,635) |
| Acquisitions, net of cash acquired | (25,453) | (1,851) | (1,809) |
| Dispositions | 8,740 | 3,641 | 4,684 |
| Distributions from DIRECTV in excess of cumulative equity in earnings | 1,323 | 0 | 0 |
| Other net | (172) | 337 | 70 |
| Net Cash Used in Investing Activities | (32,089) | (13,548) | (16,690) |
| Financing Activities | |||
| Net change in short-term borrowings with original maturities of three months or less | 1,316 | (17) | (276) |
| Issuance of other short-term borrowings | 21,856 | 9,440 | 4,012 |
| Repayment of other short-term borrowings | (7,510) | (9,467) | (6,904) |
| Issuance of long-term debt | 9,931 | 31,988 | 17,039 |
| Repayment of long-term debt | (3,142) | (39,964) | (27,592) |
| Note payable to DIRECTV, net of payments of $459 | 1,341 | 0 | 0 |
| Payment of vendor financing | (4,596) | (2,966) | (3,050) |
| Issuance of preferred stock | 0 | 3,869 | 1,164 |
| Purchase of treasury stock | (202) | (5,498) | (2,417) |
| Issuance of treasury stock | 96 | 105 | 631 |
| Issuance of preferred interests in subsidiaries | 0 | 1,979 | 7,876 |
| Redemption of preferred interest in subsidiary | 0 | (1,950) | 0 |
| Dividends paid | (15,068) | (14,956) | (14,888) |
| Other net | (2,444) | (4,570) | (678) |
| Net Cash Provided by (Used in) Financing Activities | 1,578 | (32,007) | (25,083) |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 11,446 | (2,425) | 6,895 |
| Cash and cash equivalents and restricted cash beginning of year | 9,870 | 12,295 | |
| Cash and Cash Equivalents and Restricted Cash End of Year | 21,316 | 9,870 | 12,295 |
| External Links | |
| AT&T INC. (T) Fiscal Year 2021 | |
| 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 |