2016 Q4 Form 10-K Financial Statement

#000073271717000021 Filed on February 17, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q1 2015 Q4
Revenue $41.84B $40.54B $42.12B
YoY Change -0.66% 24.43% 22.3%
Cost Of Revenue $21.12B $4.375B $19.69B
YoY Change 7.25% -3.76% 6.69%
Gross Profit $20.72B $36.16B $22.43B
YoY Change -7.61% 29.0% 40.32%
Gross Profit Margin 49.53% 89.21% 53.25%
Selling, General & Admin $9.984B $8.441B $8.419B
YoY Change 18.59% 6.03% -42.98%
% of Gross Profit 48.18% 23.34% 37.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.129B $6.563B $6.477B
YoY Change -5.37% 43.36% 41.82%
% of Gross Profit 29.58% 18.15% 28.88%
Operating Expenses $16.11B $8.441B $14.90B
YoY Change 8.17% -32.68% -22.95%
Operating Profit $4.816B $6.674B $7.532B
YoY Change -36.06% 20.1% -237.72%
Interest Expense -$1.153B $1.207B -$1.112B
YoY Change 3.69% 34.26% 27.96%
% of Operating Profit -23.94% 18.09% -14.76%
Other Income/Expense, Net -$1.124B -$113.0M
YoY Change 35.59% -190.4%
Pretax Income $4.248B $7.131B $7.532B
YoY Change -43.6% 28.32% -221.23%
Income Tax $676.0M $2.122B $2.221B
% Of Pretax Income 15.91% 29.76% 29.49%
Net Earnings $2.437B $3.803B $4.006B
YoY Change -39.17% 16.55% -200.18%
Net Earnings / Revenue 5.82% 9.38% 9.51%
Basic Earnings Per Share $0.39 $0.62 $0.65
Diluted Earnings Per Share $0.39 $0.61 $0.65
COMMON SHARES
Basic Shares Outstanding 6.172B shares 6.152B
Diluted Shares Outstanding 6.190B shares

Balance Sheet

Concept 2016 Q4 2016 Q1 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.788B $10.01B $5.121B
YoY Change 13.02% 125.2% -40.47%
Cash & Equivalents $5.788B $10.01B $5.121B
Short-Term Investments
Other Short-Term Assets $14.23B $10.55B $13.27B
YoY Change 7.27% 52.69% 37.55%
Inventory $2.039B $4.033B
Prepaid Expenses $1.555B $1.378B $1.072B
Receivables $16.79B $16.07B $16.53B
Other Receivables $1.606B $1.469B $0.00
Total Short-Term Assets $38.37B $38.00B $35.99B
YoY Change 6.6% 38.64% 7.1%
LONG-TERM ASSETS
Property, Plant & Equipment $124.9B $123.5B $124.5B
YoY Change 0.36% 9.06% 10.23%
Goodwill $105.2B $104.7B $104.6B
YoY Change 0.61% 48.78% 50.04%
Intangibles
YoY Change
Long-Term Investments $1.674B $1.594B $1.606B
YoY Change 4.23% 499.25% 542.4%
Other Assets $16.81B $15.50B $15.35B
YoY Change 9.55% 57.71% 14.31%
Total Long-Term Assets $365.5B $365.6B $366.7B
YoY Change -0.33% 30.3% 39.3%
TOTAL ASSETS
Total Short-Term Assets $38.37B $38.00B $35.99B
Total Long-Term Assets $365.5B $365.6B $366.7B
Total Assets $403.8B $403.6B $402.7B
YoY Change 0.29% 31.04% 35.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.03B $26.17B $21.05B
YoY Change 4.66% 28.17% 40.46%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.832B $8.399B $7.636B
YoY Change 28.76% 2.66% 26.09%
Total Short-Term Liabilities $50.58B $44.53B $47.82B
YoY Change 5.77% 18.27% 28.1%
LONG-TERM LIABILITIES
Long-Term Debt $113.7B $122.1B $118.5B
YoY Change -4.08% 38.33% 56.4%
Other Long-Term Liabilities $21.75B $21.00B $22.26B
YoY Change -2.29% 5.48% 23.73%
Total Long-Term Liabilities $21.75B $21.00B $22.26B
YoY Change -2.29% 5.48% 23.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.58B $44.53B $47.82B
Total Long-Term Liabilities $21.75B $21.00B $22.26B
Total Liabilities $72.32B $65.53B $279.0B
YoY Change -74.08% 13.84% 35.08%
SHAREHOLDERS EQUITY
Retained Earnings $34.73B $34.51B $33.67B
YoY Change 3.16% 21.12% 8.33%
Common Stock $96.10B $95.91B $96.26B
YoY Change -0.17% -1.6% -1.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.66B $12.16B $12.59B
YoY Change 0.53% -74.01% -73.23%
Treasury Stock Shares 356.2M shares $339.0M 350.3M shares
Shareholders Equity $123.1B $123.4B $122.7B
YoY Change
Total Liabilities & Shareholders Equity $403.8B $403.6B $402.7B
YoY Change 0.29% 31.04% 35.66%

Cashflow Statement

Concept 2016 Q4 2016 Q1 2015 Q4
OPERATING ACTIVITIES
Net Income $2.437B $3.803B $4.006B
YoY Change -39.17% 16.55% -200.18%
Depreciation, Depletion And Amortization $6.129B $6.563B $6.477B
YoY Change -5.37% 43.36% 41.82%
Cash From Operating Activities $10.14B $7.900B $9.185B
YoY Change 10.42% 17.25% 59.88%
INVESTING ACTIVITIES
Capital Expenditures -$6.233B -$4.451B -$5.862B
YoY Change 6.33% 15.67% 34.14%
Acquisitions $165.0M
YoY Change -99.15%
Other Investing Activities $207.0M $143.0M -$235.0M
YoY Change -188.09% -100.81% -123.2%
Cash From Investing Activities -$6.026B -$4.308B -$6.097B
YoY Change -1.16% -80.04% 81.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $2.296B
YoY Change 285.23%
Cash From Financing Activities -4.223B 1.295B -4.169B
YoY Change 1.3% -87.89% -210.97%
NET CHANGE
Cash From Operating Activities 10.14B 7.900B 9.185B
Cash From Investing Activities -6.026B -4.308B -6.097B
Cash From Financing Activities -4.223B 1.295B -4.169B
Net Change In Cash -107.0M 4.887B -1.081B
YoY Change -90.1% -217.5% -117.59%
FREE CASH FLOW
Cash From Operating Activities $10.14B $7.900B $9.185B
Capital Expenditures -$6.233B -$4.451B -$5.862B
Free Cash Flow $16.38B $12.35B $15.05B
YoY Change 8.83% 16.67% 48.76%

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58000000 USD
CY2016Q4 t Fixed Income Investment Securities Debt Maturities Third And Fourth Calendar Years Available For Sale Fair Value Held To Maturity Net Carrying Amount
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46000000 USD
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1140000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1138000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3152000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
864000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
22000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Acquisition
UnrecognizedTaxBenefitsDecreasesResultingFromAcquisition
842000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Acquisition
UnrecognizedTaxBenefitsDecreasesResultingFromAcquisition
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
30000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-64000000 USD
CY2015 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
6324000000 USD
CY2014 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
3670000000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2060000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1610000000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
282000000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
339000000 USD
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
621000000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
335000000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-519000000 USD
CY2016 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-184000000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
72000000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
671000000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-382000000 USD
CY2015 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
743000000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
320000000 USD
CY2015 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-62000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
163000000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-73000000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-39000000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-102000000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2915000000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3127000000 USD
CY2016 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
6042000000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3828000000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2496000000 USD
CY2014 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
124000000 USD
CY2014 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-175000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
20911000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
21519000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
10244000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1099000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-827000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
111000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6934000000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7242000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3624000000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.327 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.339 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.349 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
416000000 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-400000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-720000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
483000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
386000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-628000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-113000000 USD
CY2014 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
350000000 USD
CY2015 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-2821000000 USD
CY2014 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
7232000000 USD
CY2016Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.03 pure
CY2015Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.031 pure
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
50000000 USD
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
511000000 USD
CY2015Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
2444000000 USD
CY2015Q4 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
2372000000 USD
CY2015Q4 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
0 USD
CY2016Q4 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
0 USD
CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
2378000000 USD
CY2016Q4 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
2314000000 USD
CY2016 t Performance Stock Units Expense
PerformanceStockUnitsExpense
480000000 USD
CY2016 us-gaap Restricted Stock Expense
RestrictedStockExpense
152000000 USD
CY2016 t Other Stock Plan Expense
OtherStockPlanExpense
21000000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
653000000 USD
CY2015 t Other Stock Plan Expense
OtherStockPlanExpense
5000000 USD
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
451000000 USD
CY2015 us-gaap Restricted Stock Expense
RestrictedStockExpense
147000000 USD
CY2015 t Performance Stock Units Expense
PerformanceStockUnitsExpense
299000000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
318000000 USD
CY2014 t Other Stock Plan Expense
OtherStockPlanExpense
-1000000 USD
CY2014 us-gaap Restricted Stock Expense
RestrictedStockExpense
93000000 USD
CY2014 t Performance Stock Units Expense
PerformanceStockUnitsExpense
226000000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
130000000 shares
CY2016Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
587000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M27D
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
614000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
450000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
327000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
179000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
46000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
43000000 USD
CY2015 us-gaap Additions To Other Assets Amount
AdditionsToOtherAssetsAmount
2266000000 USD
CY2014 us-gaap Additions To Other Assets Amount
AdditionsToOtherAssetsAmount
1629000000 USD
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015 us-gaap Reductions In Other Assets Amount
ReductionsInOtherAssetsAmount
7436000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
16000000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
36000000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
33.78
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
36.65
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
33.12
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
35.16
CY2016 t Preferred Equity Interest Purchase Rights Description
PreferredEquityInterestPurchaseRightsDescription
After a period of five years from the contribution or, if earlier, the date upon which the pension plan trust is fully funded as determined under GAAP, AT&T has a right to purchase from the pension plan trust some or all of the preferred equity interest at the greater of the fair market value or minimum liquidation value plus any unpaid cumulative dividends. In addition, AT&T will have the right to purchase the preferred equity interest in the event AT&T’s ownership of Mobility is less than 50% or there is a transaction that results in the transfer of 50% or more of the pension plan trust’s assets to an entity not under common control with AT&T (collectively, a change of control). The pension plan trust has the right to require AT&T to purchase the preferred equity interest at the greater of their fair market value or minimum liquidation value plus any unpaid cumulative dividends, and in installments, as specified in the contribution agreement upon the occurrence of any of the following: (1) at any time if the ratio of debt to total capitalization of Mobility exceeds that of AT&T, (2) the date on which AT&T Inc. is rated below investment grade for two consecutive calendar quarters, (3) upon a change of control if AT&T does not exercise its purchase option, or (4) at any time after a seven-year period from the contribution date. In the event AT&T elects or is required to purchase the preferred equity interest, AT&T may elect to settle the purchase price in cash or shares of AT&T common stock or a combination thereof. Because the preferred equity interest was not considered outstanding for accounting purposes at year-end, it did not affect the calculation of earnings per share for any of the periods presented.
CY2014 us-gaap Reductions In Other Assets Amount
ReductionsInOtherAssetsAmount
4707000000 USD
CY2016 t Unrecorded Unconditional Purchase Obligation During First Anniversary
UnrecordedUnconditionalPurchaseObligationDuringFirstAnniversary
9181000000 USD
CY2016 t Unrecorded Unconditional Purchase Obligation During Second And Third Anniversary
UnrecordedUnconditionalPurchaseObligationDuringSecondAndThirdAnniversary
11214000000 USD
CY2016 t Unrecorded Unconditional Purchase Obligation During Fourth And Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationDuringFourthAndFifthAnniversary
7799000000 USD
CY2016 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.1 pure
CY2016 us-gaap Concentration Risk Additional Characteristic
ConcentrationRiskAdditionalCharacteristic
0
CY2015 us-gaap Concentration Risk Additional Characteristic
ConcentrationRiskAdditionalCharacteristic
0
CY2015 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.1 pure
CY2014 us-gaap Concentration Risk Additional Characteristic
ConcentrationRiskAdditionalCharacteristic
0
CY2014 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.1 pure
CY2016 us-gaap Advertising Expense
AdvertisingExpense
3768000000 USD
CY2016 us-gaap Interest Costs Incurred
InterestCostsIncurred
5802000000 USD
CY2015 us-gaap Interest Costs Incurred
InterestCostsIncurred
4917000000 USD
CY2015 us-gaap Advertising Expense
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3632000000 USD
CY2014 us-gaap Interest Costs Incurred
InterestCostsIncurred
3847000000 USD
CY2014 us-gaap Advertising Expense
AdvertisingExpense
3272000000 USD
CY2016 us-gaap Interest Paid
InterestPaid
5696000000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3721000000 USD
CY2015 us-gaap Interest Paid
InterestPaid
4822000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1851000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1532000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
4099000000 USD
CY2015Q1 us-gaap Revenues
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32576000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5557000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.63
CY2016Q1 t Stock Price Per Share Period End
StockPricePerSharePeriodEnd
39.17
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5773000000 USD
CY2016Q2 t Stock Price Per Share Period End
StockPricePerSharePeriodEnd
43.21
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.59
CY2015Q2 us-gaap Revenues
Revenues
33015000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.5
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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5923000000 USD
CY2015Q3 us-gaap Revenues
Revenues
39091000000 USD
CY2016Q3 t Stock Price Per Share Period End
StockPricePerSharePeriodEnd
40.61
CY2016Q4 t Stock Price Per Share Period End
StockPricePerSharePeriodEnd
42.53
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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7532000000 USD
CY2015Q4 us-gaap Revenues
Revenues
42119000000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.65
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36347000000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
32919000000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39697000000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
661000000 USD
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
14000000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6495231088 shares
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
356237141 shares
CY2014 us-gaap Increase Decrease In Receivables
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693000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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31338000000 USD
CY2014 us-gaap Increase Decrease In Operating Liabilities
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2310000000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1948000000 USD
CY2014 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-7869000000 USD
CY2014 us-gaap Provision For Doubtful Accounts
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1032000000 USD
CY2014 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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1461000000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
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-199000000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1018000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
27000000 USD
CY2014 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
24602000000 USD
CY2014 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
560000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21199000000 USD
CY2014 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
234000000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3141000000 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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8123000000 USD
CY2014 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
1890000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18337000000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4000000 USD
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-16000000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10400000000 USD
CY2014 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
107000000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9552000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1617000000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
15926000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2224000000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5264000000 USD
CY2014 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
39000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8603000000 USD
CY2016 t Increase Decrease In Net Operating Assets Equip Installment Receivables And Related Asset Sales
IncreaseDecreaseInNetOperatingAssetsEquipInstallmentReceivablesAndRelatedAssetSales
576000000 USD
CY2015 t Increase Decrease In Net Operating Assets Equip Installment Receivables And Related Asset Sales
IncreaseDecreaseInNetOperatingAssetsEquipInstallmentReceivablesAndRelatedAssetSales
3023000000 USD
CY2014 t Increase Decrease In Net Operating Assets Equip Installment Receivables And Related Asset Sales
IncreaseDecreaseInNetOperatingAssetsEquipInstallmentReceivablesAndRelatedAssetSales
5043000000 USD
CY2016 t Increase Decrease In Operating Assets Deferred Fulfillment Costs
IncreaseDecreaseInOperatingAssetsDeferredFulfillmentCosts
2359000000 USD
CY2015 t Increase Decrease In Operating Assets Deferred Fulfillment Costs
IncreaseDecreaseInOperatingAssetsDeferredFulfillmentCosts
1437000000 USD
CY2014 t Increase Decrease In Operating Assets Deferred Fulfillment Costs
IncreaseDecreaseInOperatingAssetsDeferredFulfillmentCosts
347000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
94610000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
90270000000 USD
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.93
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.85
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.81
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7880000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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