AT&T INC. (T) FY2024 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-09-30

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AT&T INC. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $7,845,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $15,206,000,000.00Asset impairments and abandonments and restructuring → Operating adjustments reconciliation: $5,061,000,000.00Deferred income tax expense → Operating adjustments reconciliation: $1,811,000,000.00Provision for uncollectible accounts → Operating adjustments reconciliation: $1,431,000,000.00Other - net → Operating adjustments reconciliation: $1,165,000,000.00Receivables → Operating adjustments reconciliation: $574,000,000.00Deferred customer contract acquisition and fulfillment costs → Operating adjustments reconciliation: $490,000,000.00Inventories, prepaid and other current assets → Operating adjustments reconciliation: $147,000,000.00Net (gain) loss on investments, net of impairments → Operating adjustments reconciliation: $88,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $19,030,000,000.00Operating adjustments reconciliation → Accounts payable and other accrued liabilities: $4,503,000,000.00Operating adjustments reconciliation → Pension and postretirement benefit expense (credit): $1,412,000,000.00Operating adjustments reconciliation → Equipment installment receivables and related sales: $899,000,000.00Operating adjustments reconciliation → Postretirement claims and contributions: $129,000,000.00(Purchases), sales and settlements of securities and investments, net → investing reconciliation: $1,153,000,000.00Distributions from DIRECTV in excess of cumulative equity in earnings → investing reconciliation: $928,000,000.00Dispositions → investing reconciliation: $66,000,000.00investing reconciliation → Capital expenditures: $13,420,000,000.00investing reconciliation → Other - net: $532,000,000.00investing reconciliation → Acquisitions, net of cash acquired: $322,000,000.00Net cash used in financing activities → financing reconciliation: $18,855,000,000.00Issuance of other short-term borrowings → financing reconciliation: $491,000,000.00Issuance of long-term debt → financing reconciliation: $4,000,000.00Issuance of treasury stock → financing reconciliation: $2,000,000.00financing reconciliation → Repayment of long-term debt: $7,113,000,000.00financing reconciliation → Dividends paid: $6,171,000,000.00financing reconciliation → Repayment of other short-term borrowings: $2,487,000,000.00financing reconciliation → Other - net: $1,808,000,000.00financing reconciliation → Payment of vendor financing: $1,571,000,000.00financing reconciliation → Purchase of treasury stock: $202,000,000.00Net cash used in investing activities → investing reconciliation: $12,127,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $6,833,000,000.00Net cash from operating activities → Cash sources and uses: $26,875,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $2,726,000,000.00Cash sources and uses → Net cash used in investing activities: $12,127,000,000.00Cash sources and uses → Net cash used in financing activities: $18,855,000,000.00Net income: $7,845,000,000.00Net income+$7.85 BDepreciation and amortization: $15,206,000,000.00Depreciation & amortization+$15.21 BProvision for uncollectible accounts: $1,431,000,000.00Credit loss provision+$1.43 BDeferred income tax expense: $1,811,000,000.00Deferred income taxes+$1.81 BNet (gain) loss on investments, net of impairments: $88,000,000.00Asset sales & impairments+$88.00 MPension and postretirement benefit expense (credit): -$1,412,000,000.00Pension & retiree obligations−$1.41 BActuarial and settlement (gain) loss on pension and postretirement benefits - net: $0.00Asset impairments and abandonments and restructuring: $5,061,000,000.00Impairments & restructuring+$5.06 BReceivables: $574,000,000.00Receivables, net+$574.00 MInventories, prepaid and other current assets: $147,000,000.00Other operating assets+$147.00 MAccounts payable and other accrued liabilities: -$4,503,000,000.00Other payables & accruals−$4.50 BEquipment installment receivables and related sales: -$899,000,000.00Equipment installment receivables−$899.00 MDeferred customer contract acquisition and fulfillment costs: $490,000,000.00Deferred customer contract acquisition and fulfillmentcosts+$490.00 MPostretirement claims and contributions: -$129,000,000.00Retiree claims & contributions−$129.00 MOther - net: $1,165,000,000.00Other working capital, net+$1.17 BNet cash from operating activities: $26,875,000,000.00Operating cash+$26.88 BOperating adjustments reconciliation: $25,973,000,000.00Net change in short-term borrowings with original maturities of three months or less: $0.00Issuance of other short-term borrowings: $491,000,000.00Other short-term debt issued+$491.00 MRepayment of other short-term borrowings: -$2,487,000,000.00Other short-term debt repaid−$2.49 BIssuance of long-term debt: $4,000,000.00Long-term debt issued+$4.00 MRepayment of long-term debt: -$7,113,000,000.00Long-term debt repaid−$7.11 BRepayment of note payable to DIRECTV: $0.00Payment of vendor financing: -$1,571,000,000.00Vendor financing repaid−$1.57 BPurchase of treasury stock: -$202,000,000.00Common stock repurchases−$202.00 MIssuance of treasury stock: $2,000,000.00Treasury stock sold+$2.00 MIssuance of preferred interests in subsidiary: $0.00Redemption of preferred interests in subsidiary: $0.00Dividends paid: -$6,171,000,000.00Common dividends paid−$6.17 BOther - net: -$1,808,000,000.00Other financing, net−$1.81 BNet cash used in financing activities: -$18,855,000,000.00. Cash required to fund net payments.Financing cash−$18.86 Bfinancing reconciliation: $19,352,000,000.00Capital expenditures: -$13,420,000,000.00Capital expenditures−$13.42 BAcquisitions, net of cash acquired: -$322,000,000.00Acquisitions, net of cash−$322.00 MDispositions: $66,000,000.00Business & affiliate sales+$66.00 MDistributions from DIRECTV in excess of cumulative equity in earnings: $928,000,000.00Equity-method return of capital+$928.00 M(Purchases), sales and settlements of securities and investments, net: $1,153,000,000.00Investments, net+$1.15 BOther - net: -$532,000,000.00Other investing, net−$532.00 MNet cash used in investing activities: -$12,127,000,000.00. Cash required to fund net payments.Investing cash−$12.13 Binvesting reconciliation: $14,274,000,000.00Cash sources and uses: $33,708,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $6,833,000,000.00Beginning cash$6.83 BEnding cash: Cash, cash equivalents, and restricted cash: $2,726,000,000.00Ending cash$2.73 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$13.46 BOperating cash − cash spent on productive assetsCash flow / Net income3.43×Operating cash flow ÷ net incomeNet cash change−$4.11 BEnding cash − beginning cash
Chart details

AT&T INC. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
6,833,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
26,875,000,000 US dollars. Net cash provided.
Net income
7,845,000,000 US dollars
Depreciation and amortization
15,206,000,000 US dollars
Provision for uncollectible accounts
1,431,000,000 US dollars
Deferred income tax expense
1,811,000,000 US dollars
Net (gain) loss on investments, net of impairments
88,000,000 US dollars
Pension and postretirement benefit expense (credit)
negative 1,412,000,000 US dollars
Actuarial and settlement (gain) loss on pension and postretirement benefits - net
0 US dollars
Asset impairments and abandonments and restructuring
5,061,000,000 US dollars
Receivables
574,000,000 US dollars
Inventories, prepaid and other current assets
147,000,000 US dollars
Accounts payable and other accrued liabilities
negative 4,503,000,000 US dollars
Equipment installment receivables and related sales
negative 899,000,000 US dollars
Deferred customer contract acquisition and fulfillment costs
490,000,000 US dollars
Postretirement claims and contributions
negative 129,000,000 US dollars
Other - net
1,165,000,000 US dollars
Investing activities
negative 12,127,000,000 US dollars. Net cash used.
Capital expenditures
negative 13,420,000,000 US dollars
Acquisitions, net of cash acquired
negative 322,000,000 US dollars
Dispositions
66,000,000 US dollars
Distributions from DIRECTV in excess of cumulative equity in earnings
928,000,000 US dollars
(Purchases), sales and settlements of securities and investments, net
1,153,000,000 US dollars
Other - net
negative 532,000,000 US dollars
Financing activities
negative 18,855,000,000 US dollars. Net cash used.
Net change in short-term borrowings with original maturities of three months or less
0 US dollars
Issuance of other short-term borrowings
491,000,000 US dollars
Repayment of other short-term borrowings
negative 2,487,000,000 US dollars
Issuance of long-term debt
4,000,000 US dollars
Repayment of long-term debt
negative 7,113,000,000 US dollars
Repayment of note payable to DIRECTV
0 US dollars
Payment of vendor financing
negative 1,571,000,000 US dollars
Purchase of treasury stock
negative 202,000,000 US dollars
Issuance of treasury stock
2,000,000 US dollars
Issuance of preferred interests in subsidiary
0 US dollars
Redemption of preferred interests in subsidiary
0 US dollars
Dividends paid
negative 6,171,000,000 US dollars
Other - net
negative 1,808,000,000 US dollars
Operating adjustment reconciliation
25,973,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
19,352,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
14,274,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Sep 30, 2024
2,726,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
33,708,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 4,107,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
3.43×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
26,875,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
13,420,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
13,455,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $19.03B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 26,875,000,000 US dollars minus 13,420,000,000 US dollars equals 13,455,000,000 US dollars.
AT&T INC. (T) FY2024 YTD Q3 Statement of Cash Flows Sankey chart
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