AT&T INC. (T) FY 2016 Income Statement

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AT&T INC.
Ticker: T Fiscal Year: 2016
Consolidated Statements Of Income
Period Ending Dec 31, 2016 10-K (Filed: Feb 17, 2017)
(In Millions, except shares in actual)
	12 Months Ended	12 Months Ended	12 Months Ended
	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Operating Revenues
Service	$ 148,884	131,677	118,437
Equipment	14,902	15,124	14,010
Total operating revenues	163,786	146,801	132,447

Operating Expenses
Equipment	18,757	19,268	18,946
Broadcast, programming and operations	19,851	11,996	4,075
Other cost of services (exclusive of depreciation and amortization shown separately below)	38,276	35,782	37,124
Selling, general and administrative	36,347	32,919	39,697
Asset abandonments and impairments	361	35	2,120
Depreciation and amortization	25,847	22,016	18,273
Total operating expenses	139,439	122,016	120,235

Operating Income	24,347	24,785	12,212

Other Income (Expense)
Interest expense	(4,910)	(4,120)	(3,613)
Equity in net income of affiliates	98	79	175
Other income (expense) - net	277	(52)	1,581
Total other income (expense)	(4,535)	(4,093)	(1,857)

Income Before Income Taxes	19,812	20,692	10,355

Income tax expense	6,479	7,005	3,619
Net Income	13,333	13,687	6,736

Less: Net Income Attributable to Noncontrolling Interest	(357)	(342)	(294)
Net Income Attributable to AT&T	12,976	13,345	6,442

Basic Earnings Per Share Attributable to AT&T	2.10	2.37	1.24
Diluted Earnings Per Share Attributable to AT&T	2.10	2.37	1.24

External Links
AT&T INC. (T) Fiscal Year 2016
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

AT&T INC.