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Revenue and Contract Costs (Tables)
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability
The following table presents information about receivables from contracts with customers:
At December 31,At December 31,
(dollars in millions)20232022
Accounts Receivable(1)
$9,760 $11,274 
Device payment plan agreement receivables(2)
18,528 16,648 
(1) Balances do not include receivables related to the following: activity associated with certain vendor agreements, leasing arrangements (such as those for towers and equipment), captive reinsurance arrangements primarily related to wireless device insurance and device payment plan agreement receivables presented separately.
(2) Included in device payment plan agreement receivables presented in Note 8. Receivables derived from the sale of equipment on a device payment plan through an authorized agent are excluded.
The balance of contract assets and contract liabilities recorded in our consolidated balance sheets were as follows:

At December 31,At December 31,
(dollars in millions)20232022
Assets
Prepaid expenses and other$546 $656 
Other assets268 207 
Total Contract Assets
$814 $863 
Liabilities
Other current liabilities$6,955 $6,583 
Other liabilities1,947 1,651 
Total Contract Liabilities
$8,902 $8,234 
Capitalized Contract Cost
The balances of deferred contract costs included in our consolidated balance sheets were as follows:

At December 31,At December 31,
(dollars in millions)20232022
Assets
Prepaid expenses and other$2,756 $2,629 
Other assets2,639 2,475 
Total$5,395 $5,104