v3.20.4

Consolidated Statements Of Income - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Operating Revenues |  |  |
Total operating revenues | $ 171,760 | $ 181,193 | $ 170,756
Cost of revenues |  |  |
Other cost of revenues (exclusive of depreciation and amortization shown separately below) | 32,909 | 34,356 | 32,906
Selling, general and administrative | 38,039 | 39,422 | 36,765
Asset impairments and abandonments | 18,880 | 1,458 | 46
Depreciation and amortization | 28,516 | 28,217 | 28,430
Total operating expenses | 165,355 | 153,238 | 144,660
Operating Income (Loss) | 6,405 | 27,955 | 26,096
Other Income (Expense) |  |  |
Interest expense | (7,925) | (8,422) | (7,957)
Equity in net income (loss) of affiliates | 95 | 6 | (48)
Other income (expense) – net | (1,431) | (1,071) | 6,782
Total other income (expense) | (9,261) | (9,487) | (1,223)
Income (Loss) Before Income Taxes | (2,856) | 18,468 | 24,873
Income tax expense | 965 | 3,493 | 4,920
Net Income (Loss) | (3,821) | 14,975 | 19,953
Less: Net Income Attributable to Noncontrolling Interest | (1,355) | (1,072) | (583)
Net Income (Loss) Attributable to AT&T | (5,176) | 13,903 | 19,370
Less: Preferred Stock Dividends | (193) | (3) | 0
Net Income (Loss) Attributable to Common Stock | $ (5,369) | $ 13,900 | $ 19,370
Basic Earnings Per Share Attributable to Common Stock (in dollars per share) | $ (0.75) | $ 1.90 | $ 2.85
Diluted Earnings Per Share Attributable to Common Stock (in dollars per share) | $ (0.75) | $ 1.89 | $ 2.85
Service |  |  |
Operating Revenues |  |  |
Total operating revenues | $ 152,767 | $ 163,499 | $ 152,345
Equipment |  |  |
Operating Revenues |  |  |
Total operating revenues | 18,993 | 17,694 | 18,411
Cost of revenues |  |  |
Cost of goods and services sold | 19,706 | 18,653 | 19,786
Broadcast, programming and operations |  |  |
Cost of revenues |  |  |
Cost of goods and services sold | $ 27,305 | $ 31,132 | $ 26,727

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