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Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Components of Depreciation and Amortization in the Statement Of Income
The Company's depreciation and amortization included in the condensed consolidated statement of operations consisted of the following:
Three months ended September 30,Nine months ended September 30,
(In millions)2024202320242023
Amortization of capitalized contract costs related to fulfillment$34 $14 $82 $20 
Amortization of capitalized contract costs related to customer acquisition57 37 149 88 
Amortization of customer relationships and other intangible assets192 244 610 623 
Depreciation of property, plant and equipment69 64 204 190 
Total depreciation and amortization$352 $359 $1,045 $921 
Activity in Allowance for Credit Losses
The following table represents the activity in the allowance for credit losses for the three and nine months ended September 30, 2024 and 2023:
Three months ended September 30,Nine months ended September 30,
(In millions)2024202320242023
Beginning balance$127 $120 $145 $133 
Acquired balance from Vivint Smart Home— — — 22 
Provision for credit losses95 85 228 165 
Write-offs(74)(59)(252)(203)
Recoveries collected9 9 28 30 
Other7 3 15 11 
Ending balance$164 $158 $164 $158 
Other Balance Sheet Information
The following table presents the accumulated depreciation included in property, plant and equipment, net and accumulated amortization included in customer relationships, net and other intangible assets, net:
(In millions)September 30, 2024December 31, 2023
Property, plant and equipment accumulated depreciation $1,470 $1,295 
Customer relationships and other intangible assets accumulated amortization 3,435 2,994 
Reconciliation of Cash and Cash Equivalents, Restricted Cash and Funds Deposited by Counterparties
The following table provides a reconciliation of cash and cash equivalents, restricted cash and funds deposited by counterparties reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the statements of cash flows:
(In millions)September 30, 2024December 31, 2023
Cash and cash equivalents$1,104 $541 
Funds deposited by counterparties12 84 
Restricted cash10 24 
Cash and cash equivalents, funds deposited by counterparties and restricted cash shown in the statement of cash flows$1,126 $649 
Schedule of Goodwill
The following table represents the changes in goodwill during the nine months ended September 30, 2024:
(In millions)
TexasEastWest/Services/Other
Vivint Smart Home
Total
Balance as of December 31, 2023$643 $721 $221 $3,494 $5,079 
Impairment— — (15)— (15)
Sale of Airtron— — (44)— (44)
Foreign currency translation adjustments— — (2)— (2)
Balance as of September 30, 2024
$643 $721 $160 $3,494 $5,018