XML 73 R40.htm IDEA: XBRL DOCUMENT
v3.22.4

Credit Losses on Financial Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Credit Loss [Abstract] |
Financing receivable, allowance for credit loss | The following table presents the activity of our allowance for credit losses by accounts receivable portfolio for the years ended December 31, 2022 and December 31, 2021:
| Business |  | Mass Markets |  | Total
| (Dollars in millions)
Balance at January 1, 2021(1) | $ | 109 |  |  | 82 |  |  | 191 |
Provision for expected losses | 50 |  |  | 55 |  |  | 105 |
Write-offs charged against the allowance | (76) |  |  | (101) |  |  | (177) |
Recoveries collected | 13 |  |  | 6 |  |  | 19 |
Classified as assets held for sale(2) | (8) |  |  | (16) |  |  | (24) |
Balance at December 31, 2021 | $ | 88 |  |  | 26 |  |  | 114 |
Provision for expected losses | 25 |  |  | 108 |  |  | 133 |
Write-offs charged against the allowance | (61) |  |  | (114) |  |  | (175) |
Recoveries collected | 10 |  |  | 6 |  |  | 16 |
Change in allowance in assets held for sale(3) | (5) |  |  | 2 |  |  | (3) |
Balance at December 31, 2022 | $ | 57 |  |  | 28 |  |  | 85 |
______________________________________________________________________ (1)We completed an internal reorganization in January 2021. As a result of this change, the allowance for credit losses previously included in the Consumer and Business portfolio of $70 million related to consumer and $12 million related to our small business group, respectively, were reclassified to the Mass Markets allowance for credit losses on January 1, 2021. (2)Represents the amounts classified as held for sale related to the divestitures of our Latin American and ILEC businesses on August 1, 2022 and October 3, 2022, respectively. See Note 2—Divestitures of the Latin American and ILEC Businesses and Planned Divestiture of the EMEA Business. (3)Represents changes in amounts classified as held for sale related to the divestitures of our Latin American and ILEC businesses on August 1, 2022 and October 3, 2022, respectively, and the inclusion of a $5 million allowance for credit losses classified as held for sale as of December 31, 2022 related to the planned divestiture of the EMEA business. See Note 2—Divestitures of the Latin American and ILEC Businesses and Planned Divestiture of the EMEA Business.

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CreditLossAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration