AT&T INC. (T) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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AT&T INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One 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, including disposal groups and discontinued operations. 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.Income from Continuing Operations → Net cash from operating activities: $5,038,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $4,966,000,000.00Changes in income taxes → Operating adjustments reconciliation: $682,000,000.00Provision for uncollectible accounts → Operating adjustments reconciliation: $589,000,000.00Inventories, prepaid and other current assets → Operating adjustments reconciliation: $493,000,000.00Asset impairments and abandonments and restructuring → Operating adjustments reconciliation: $286,000,000.00Accounts payable and other accrued liabilities → Operating adjustments reconciliation: $205,000,000.00Other - net → Operating adjustments reconciliation: $194,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $5,763,000,000.00Operating adjustments reconciliation → Equipment installment receivables and related sales: $431,000,000.00Operating adjustments reconciliation → Pension and postretirement benefit expense (credit): $395,000,000.00Operating adjustments reconciliation → Receivables: $299,000,000.00Operating adjustments reconciliation → Net (gain) loss on investments: $198,000,000.00Operating adjustments reconciliation → Postretirement claims and contributions: $192,000,000.00Operating adjustments reconciliation → Contract asset and cost deferral: $137,000,000.00Issuance of long-term debt → financing reconciliation: $5,939,000,000.00financing reconciliation → Net cash from financing activities: $680,000,000.00financing reconciliation → Purchase of treasury stock: $2,194,000,000.00financing reconciliation → Dividends paid: $1,976,000,000.00financing reconciliation → Other - net: $507,000,000.00financing reconciliation → Payment of vendor financing: $431,000,000.00financing reconciliation → Repayment of long-term debt: $151,000,000.00Net cash used in investing activities → investing reconciliation: $5,749,000,000.00Dispositions → investing reconciliation: $119,000,000.00investing reconciliation → Capital expenditures: $5,700,000,000.00investing reconciliation → Other - net: $107,000,000.00investing reconciliation → Acquisitions, net of cash acquired: $51,000,000.00investing reconciliation → (Purchases), sales and settlements of securities and investments, net: $10,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $12,332,000,000.00Net cash from operating activities → Cash sources and uses: $10,801,000,000.00Net cash from financing activities → Cash sources and uses: $680,000,000.00Cash sources and uses → Net increase (decrease) in cash and cash equivalents and restricted cash from discontinued operations: $123,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,941,000,000.00Cash sources and uses → Net cash used in investing activities: $5,749,000,000.00Income from Continuing Operations: $5,038,000,000.00Continuing ops income (loss)+$5.04 BDepreciation and amortization: $4,966,000,000.00Depreciation & amortization+$4.97 BProvision for uncollectible accounts: $589,000,000.00Credit loss provision+$589.00 MAsset impairments and abandonments and restructuring: $286,000,000.00Impairments & restructuring+$286.00 MPension and postretirement benefit expense (credit): -$395,000,000.00Pension & retiree obligations−$395.00 MNet (gain) loss on investments: -$198,000,000.00Investment gain & loss−$198.00 MReceivables: -$299,000,000.00Receivables, net−$299.00 MEquipment installment receivables and related sales: -$431,000,000.00Equipment installment receivables−$431.00 MContract asset and cost deferral: -$137,000,000.00Contract asset and cost deferral−$137.00 MInventories, prepaid and other current assets: $493,000,000.00Other operating assets+$493.00 MAccounts payable and other accrued liabilities: $205,000,000.00Other payables & accruals+$205.00 MChanges in income taxes: $682,000,000.00Income tax balances+$682.00 MPostretirement claims and contributions: -$192,000,000.00Retiree claims & contributions−$192.00 MOther - net: $194,000,000.00Other working capital, net+$194.00 MNet cash from operating activities: $10,801,000,000.00Operating cash+$10.80 BOperating adjustments reconciliation: $7,415,000,000.00Issuance of long-term debt: $5,939,000,000.00Long-term debt issued+$5.94 BRepayment of long-term debt: -$151,000,000.00Long-term debt repaid−$151.00 MPayment of vendor financing: -$431,000,000.00Vendor financing repaid−$431.00 MRedemption of preferred stock: $0.00Purchase of treasury stock: -$2,194,000,000.00Common stock repurchases−$2.19 BIssuance of treasury stock: $0.00Issuance of preferred interests in subsidiary: $0.00Dividends paid: -$1,976,000,000.00Common dividends paid−$1.98 BOther - net: -$507,000,000.00Other financing, net−$507.00 MNet cash from financing activities: $680,000,000.00Financing cash+$680.00 Mfinancing reconciliation: $5,939,000,000.00Capital expenditures: -$5,700,000,000.00Capital expenditures−$5.70 BAcquisitions, net of cash acquired: -$51,000,000.00Acquisitions, net of cash−$51.00 MDispositions: $119,000,000.00Business & affiliate sales+$119.00 M(Purchases), sales and settlements of securities and investments, net: -$10,000,000.00Investments, net−$10.00 MOther - net: -$107,000,000.00Other investing, net−$107.00 MNet cash used in investing activities: -$5,749,000,000.00. Cash required to fund net payments.Investing cash−$5.75 Binvesting reconciliation: $5,868,000,000.00Cash sources and uses: $23,813,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $12,332,000,000.00Beginning cash$12.33 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,941,000,000.00Ending cash$17.94 BNet increase (decrease) in cash and cash equivalents and restricted cash from discontinued operations: -$123,000,000.00Discontinued operationscash flows−$123.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$5.10 BOperating cash − cash spent on productive assetsCash flow / Net incomeUnavailableOperating cash flow ÷ net incomeNet cash change+$5.61 BEnding cash − beginning cash
Chart details

AT&T INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
12,332,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
10,801,000,000 US dollars. Net cash provided.
Income from Continuing Operations
5,038,000,000 US dollars
Depreciation and amortization
4,966,000,000 US dollars
Provision for uncollectible accounts
589,000,000 US dollars
Asset impairments and abandonments and restructuring
286,000,000 US dollars
Pension and postretirement benefit expense (credit)
negative 395,000,000 US dollars
Net (gain) loss on investments
negative 198,000,000 US dollars
Receivables
negative 299,000,000 US dollars
Equipment installment receivables and related sales
negative 431,000,000 US dollars
Contract asset and cost deferral
negative 137,000,000 US dollars
Inventories, prepaid and other current assets
493,000,000 US dollars
Accounts payable and other accrued liabilities
205,000,000 US dollars
Changes in income taxes
682,000,000 US dollars
Postretirement claims and contributions
negative 192,000,000 US dollars
Other - net
194,000,000 US dollars
Investing activities
negative 5,749,000,000 US dollars. Net cash used.
Capital expenditures
negative 5,700,000,000 US dollars
Acquisitions, net of cash acquired
negative 51,000,000 US dollars
Dispositions
119,000,000 US dollars
(Purchases), sales and settlements of securities and investments, net
negative 10,000,000 US dollars
Other - net
negative 107,000,000 US dollars
Financing activities
680,000,000 US dollars. Net cash provided.
Issuance of long-term debt
5,939,000,000 US dollars
Repayment of long-term debt
negative 151,000,000 US dollars
Payment of vendor financing
negative 431,000,000 US dollars
Redemption of preferred stock
0 US dollars
Purchase of treasury stock
negative 2,194,000,000 US dollars
Issuance of treasury stock
0 US dollars
Issuance of preferred interests in subsidiary
0 US dollars
Dividends paid
negative 1,976,000,000 US dollars
Other - net
negative 507,000,000 US dollars
Operating adjustment reconciliation
7,415,000,000 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
5,939,000,000 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
5,868,000,000 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
Net increase (decrease) in cash and cash equivalents and restricted cash from discontinued operations
negative 123,000,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Jun 30, 2026
17,941,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
23,813,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
5,609,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Unavailable. Operating cash flow and reconciliation net income for the same period are required.
Operating cash flow
10,801,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
5,700,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
5,101,000,000 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 $5.76B 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: 10,801,000,000 US dollars minus 5,700,000,000 US dollars equals 5,101,000,000 US dollars.
AT&T INC. (T) FY2026 Q2 Statement of Cash Flows Sankey chart
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