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: 2022 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 13, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Operating Activities | |||
| Net income (loss) | $ (6,874) | 23,776 | (1,522) |
| Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities from continuing operations: | |||
| Depreciation and amortization | 18,021 | 17,852 | 22,523 |
| Provision for uncollectible accounts | 1,865 | 1,241 | 1,798 |
| Deferred income tax expense | 2,975 | 7,412 | 2,145 |
| Net (gain) loss on investments, net of impairments | 381 | (369) | (970) |
| Pension and postretirement benefit expense (credit) | (3,237) | (3,857) | (2,992) |
| Actuarial (gain) loss on pension and postretirement benefits | (1,999) | (4,143) | 4,169 |
| Asset impairments and abandonments and restructuring | 27,498 | 213 | 15,687 |
| Changes in operating assets and liabilities: | |||
| Receivables | 727 | (1,125) | 1,079 |
| Other current assets | (674) | (1,288) | (2,138) |
| Accounts payable and other accrued liabilities | (1,109) | (1,570) | (1,895) |
| Equipment installment receivables and related sales | 154 | (271) | (1,428) |
| Deferred customer contract acquisition and fulfillment costs | (947) | 18 | 382 |
| Postretirement claims and contributions | (823) | (822) | (985) |
| Other net | (146) | 103 | 1,631 |
| Total adjustments | 42,686 | 13,394 | 39,006 |
| Net Cash Provided by Operating Activities from Continuing Operations | 35,812 | 37,170 | 37,484 |
| Investing Activities | |||
| Capital expenditures | (19,626) | (15,545) | (14,690) |
| Acquisitions, net of cash acquired | (10,200) | (25,453) | (1,625) |
| Dispositions | 199 | 7,136 | 2,472 |
| Distributions from DIRECTV in excess of cumulative equity in earnings | 2,649 | 1,323 | 0 |
| Other net | 79 | 50 | 396 |
| Net Cash Used in Investing Activities from Continuing Operations | (26,899) | (32,489) | (13,447) |
| Financing Activities | |||
| Net change in short-term borrowings with original maturities of three months or less | (519) | 1,316 | (17) |
| Issuance of other short-term borrowings | 3,955 | 21,856 | 9,440 |
| Repayment of other short-term borrowings | (18,345) | (7,510) | (9,467) |
| Proceeds from Issuance of Long-Term Debt | 2,979 | 9,931 | 31,988 |
| Repayment of long-term debt | (25,118) | (3,039) | (39,062) |
| Note payable to DIRECTV, net of payments | (1,211) | 1,341 | 0 |
| Payment of vendor financing | (4,697) | (4,596) | (2,966) |
| Issuance of preferred stock | 0 | 0 | 3,869 |
| Purchase of treasury stock | (890) | (202) | (5,498) |
| Issuance of treasury stock | 28 | 96 | 105 |
| Issuance of preferred interests in subsidiaries | 0 | 0 | 1,979 |
| Redemption of preferred interest in subsidiary | (2,665) | 0 | (1,950) |
| Dividends paid | (9,859) | (15,068) | (14,956) |
| Other net | (3,222) | (2,231) | (4,496) |
| Net Cash (Used in) Provided by Financing Activities from Continuing Operations | (59,564) | 1,894 | (31,031) |
| Net (decrease) increase in cash and cash equivalents and restricted cash from continuing operations | (50,651) | 6,575 | (6,994) |
| Net Cash Provided by (Used in) Discontinued Operations [Abstract] | |||
| Cash (used in) provided by operating activities | (3,789) | 4,788 | 5,645 |
| Cash provided by (used in) investing activities | 1,094 | 399 | (102) |
| Cash provided by (used in) financing activities | 35,823 | (316) | (974) |
| Net increase (decrease) in cash and cash equivalents and restricted cash from discontinued operations | 33,128 | 4,871 | 4,569 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | (17,523) | 11,446 | (2,425) |
| Cash and cash equivalents and restricted cash beginning of year | 21,316 | 9,870 | |
| Cash and Cash Equivalents and Restricted Cash End of Year | 3,793 | 21,316 | 9,870 |
| External Links | |
| AT&T INC. (T) Fiscal Year 2022 | |
| 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 |