XML 59 R37.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Equipment Installment Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Receivables [Abstract] |
Equipment installment plan receivables | The following table summarizes equipment installment plan receivables.
December 31, | 2024 |  | 2023
(Dollars in millions) |  |  |
Equipment installment plan receivables, gross | $ | 1,110 |  |  | $ | 1,151 |
Allowance for credit losses | (82) |  |  | (90) |
Equipment installment plan receivables, net | $ | 1,028 |  |  | $ | 1,061 |
Net balance presented in the Consolidated Balance Sheet as: |  |  |
Accounts receivable — Customers and agents (Current portion) | $ | 592 |  |  | $ | 577 |
Other assets and deferred charges (Non-current portion) | 436 |  |  | 484 |
Equipment installment plan receivables, net | $ | 1,028 |  |  | $ | 1,061 |
Equipment installment plan receivables credit categories | The balance and aging of the equipment installment plan receivables on a gross basis by credit category were as follows:
| December 31, 2024 |  | December 31, 2023
| Lowest Risk |  | Lower Risk |  | Slight Risk |  | Higher Risk |  | Total |  | Lowest Risk |  | Lower Risk |  | Slight Risk |  | Higher Risk |  | Total
(Dollars in millions) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unbilled | $ | 955 |  |  | $ | 77 |  |  | $ | 13 |  |  | $ | 5 |  |  | $ | 1,050 |  |  | $ | 977 |  |  | $ | 88 |  |  | $ | 16 |  |  | $ | 4 |  |  | $ | 1,085 |
Billed — current | 36 |  |  | 4 |  |  | 1 |  |  | 1 |  |  | 42 |  |  | 35 |  |  | 5 |  |  | 2 |  |  | 1 |  |  | 43 |
Billed — past due | 10 |  |  | 5 |  |  | 2 |  |  | 1 |  |  | 18 |  |  | 12 |  |  | 7 |  |  | 3 |  |  | 1 |  |  | 23 |
Total | $ | 1,001 |  |  | $ | 86 |  |  | $ | 16 |  |  | $ | 7 |  |  | $ | 1,110 |  |  | $ | 1,024 |  |  | $ | 100 |  |  | $ | 21 |  |  | $ | 6 |  |  | $ | 1,151 |
The balance of the equipment installment plan receivables as of December 31, 2024 on a gross basis by year of origination were as follows:
| 2022 |  | 2023 |  | 2024 |  | Total
(Dollars in millions) |  |  |  |  |  |  |
Lowest Risk | $ | 131 |  |  | $ | 332 |  |  | $ | 538 |  |  | $ | 1,001 |
Lower Risk | 6 |  |  | 22 |  |  | 58 |  |  | 86 |
Slight Risk | 1 |  |  | 3 |  |  | 12 |  |  | 16 |
Higher Risk | — |  |  | 1 |  |  | 6 |  |  | 7 |
Total | $ | 138 |  |  | $ | 358 |  |  | $ | 614 |  |  | $ | 1,110 |
Equipment installment plans allowance for credit losses | The write-offs, net of recoveries for the year ended December 31, 2024 on a gross basis by year of origination were as follows:
| 2021 | 2022 |  | 2023 |  | 2024 |  | Total
(Dollars in millions) |  |  |  |  |  |  |  |
Write-offs, net of recoveries | $ | (1) |  | $ | 18 |  |  | $ | 40 |  |  | $ | 16 |  |  | $ | 73 |
Activity for the years ended December 31, 2024 and 2023, in the allowance for credit losses for equipment installment plan receivables was as follows:
| 2024 |  | 2023
(Dollars in millions) |  |  |
Allowance for credit losses, beginning of year | $ | 90 |  |  | $ | 96 |
Bad debts expense | 65 |  |  | 69 |
Write-offs, net of recoveries | (73) |  |  | (75) |
Allowance for credit losses, end of year | $ | 82 |  |  | $ | 90 |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-29 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-5 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration