Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 AT&T INC. SELECTED FINANCIAL STATEMENTS AND OPERATING DATA - AT&T INC. | t-4q2020801exhibit991.htm |
| 8-K - 8-K - AT&T INC. | t-20210127.htm |
Discussion and Reconciliation of Non-GAAP Measures
Supplemental Operational Measures
We provide a supplemental discussion of our business solutions operations that is calculated by combining our Mobility and Business Wireline operating units, and then adjusting to remove non-business operations. The following table presents a reconciliation of our supplemental Business Solutions results.
| Supplemental Operational Measure | |||||||||||||||||||||||||||||
| Fourth Quarter | |||||||||||||||||||||||||||||
| December 31, 2020 | December 31, 2019 | ||||||||||||||||||||||||||||
| Mobility | Business Wireline | Adjustments1 | Business Solutions | Mobility | Business Wireline | Adjustments1 | Business Solutions | ||||||||||||||||||||||
| Operating Revenues | |||||||||||||||||||||||||||||
| Wireless service | $ | 14,022 | $ | — | $ | (12,074) | $ | 2,873 | $ | 13,948 | $ | — | $ | (12,049) | $ | 2,754 | |||||||||||||
| Strategic and managed services | — | 4,006 | — | 4,006 | — | 3,925 | — | 3,925 | |||||||||||||||||||||
| Legacy voice and data services | — | 1,956 | — | 1,956 | — | 2,207 | — | 2,207 | |||||||||||||||||||||
| Other services and equipment | — | 357 | — | 357 | — | 454 | — | 454 | |||||||||||||||||||||
| Wireless equipment | 6,097 | — | (5,172) | 209 | 4,752 | — | (3,897) | 249 | |||||||||||||||||||||
| Total Operating Revenues | 20,119 | 6,319 | (17,246) | 9,192 | 18,700 | 6,586 | (15,946) | 9,340 | |||||||||||||||||||||
| Operating Expenses | |||||||||||||||||||||||||||||
| Operations and support | 13,023 | 3,993 | (10,925) | 6,091 | 11,170 | 4,056 | (9,266) | 5,960 | |||||||||||||||||||||
| EBITDA | 7,096 | 2,326 | (6,321) | 3,101 | 7,530 | 2,530 | (6,680) | 3,380 | |||||||||||||||||||||
| Depreciation and amortization | 2,008 | 1,320 | (1,688) | 1,640 | 2,027 | 1,247 | (1,720) | 1,554 | |||||||||||||||||||||
| Total Operating Expenses | 15,031 | 5,313 | (12,613) | 7,731 | 13,197 | 5,303 | (10,986) | 7,514 | |||||||||||||||||||||
| Operating Income | 5,088 | 1,006 | (4,633) | 1,461 | 5,503 | 1,283 | (4,960) | 1,826 | |||||||||||||||||||||
| Equity in Net Income (Loss) of Affiliates | — | — | — | — | — | — | — | — | |||||||||||||||||||||
| Operating Contribution | $ | 5,088 | $ | 1,006 | $ | (4,633) | $ | 1,461 | $ | 5,503 | $ | 1,283 | $ | (4,960) | $ | 1,826 | |||||||||||||
1Non-business wireless reported in the Communication segment under the Mobility business unit. | |||||||||||||||||||||||||||||
| Supplemental Operational Measure | |||||||||||||||||||||||||||||
| Year Ended | |||||||||||||||||||||||||||||
| December 31, 2020 | December 31, 2019 | ||||||||||||||||||||||||||||
| Mobility | Business Wireline | Adjustments1 | Business Solutions | Mobility | Business Wireline | Adjustments1 | Business Solutions | ||||||||||||||||||||||
| Operating Revenues | |||||||||||||||||||||||||||||
| Wireless service | $ | 55,542 | $ | — | $ | (47,810) | $ | 10,614 | $ | 55,331 | $ | — | $ | (47,887) | $ | 10,198 | |||||||||||||
| Strategic and managed services | — | 15,788 | — | 15,788 | — | 15,430 | — | 15,430 | |||||||||||||||||||||
| Legacy voice and data services | — | 8,183 | — | 8,183 | — | 9,180 | — | 9,180 | |||||||||||||||||||||
| Other services and equipment | — | 1,387 | — | 1,387 | — | 1,557 | — | 1,557 | |||||||||||||||||||||
| Wireless equipment | 17,022 | — | (14,140) | 2,882 | 15,725 | — | (12,971) | 2,754 | |||||||||||||||||||||
| Total Operating Revenues | 72,564 | 25,358 | (61,950) | 35,972 | 71,056 | 26,167 | (60,858) | 36,365 | |||||||||||||||||||||
| Operating Expenses | |||||||||||||||||||||||||||||
| Operations and support | 42,106 | 15,534 | (34,927) | 22,713 | 40,681 | 16,069 | (34,036) | 22,714 | |||||||||||||||||||||
| EBITDA | 30,458 | 9,824 | (27,023) | 13,259 | 30,375 | 10,098 | (26,822) | 13,651 | |||||||||||||||||||||
| Depreciation and amortization | 8,086 | 5,226 | (6,803) | 6,509 | 8,054 | 4,934 | (6,840) | 6,148 | |||||||||||||||||||||
| Total Operating Expenses | 50,192 | 20,760 | (41,730) | 29,222 | 48,735 | 21,003 | (40,876) | 28,862 | |||||||||||||||||||||
| Operating Income | 22,372 | 4,598 | (20,220) | 6,750 | 22,321 | 5,164 | (19,982) | 7,503 | |||||||||||||||||||||
| Equity in Net Income (Loss) of Affiliates | — | — | — | — | — | — | — | — | |||||||||||||||||||||
| Operating Contribution | $ | 22,372 | $ | 4,598 | $ | (20,220) | $ | 6,750 | $ | 22,321 | $ | 5,164 | $ | (19,982) | $ | 7,503 | |||||||||||||
1Non-business wireless reported in the Communication segment under the Mobility business unit. | |||||||||||||||||||||||||||||
| Results have been recast to conform to the current period's classification. | |||||||||||||||||||||||||||||