Attached files
| file | filename |
|---|---|
| 8-K - 8-K AT&T 2ND QUARTER 2021 EARNINGS RELEASE - AT&T INC. | t-20210722.htm |
| EX-99.1 - EX-99.1 AT&T INC. SELECTED FINANCIAL STATEMENTS AND OPERATING DATA - AT&T INC. | t-2q2021801exhibit991.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 | |||||||||||||||||||||||||||||
| Second Quarter | |||||||||||||||||||||||||||||
| June 30, 2021 | June 30, 2020 | ||||||||||||||||||||||||||||
| Mobility | Business Wireline | Adjustments1 | Business Solutions | Mobility | Business Wireline | Adjustments1 | Business Solutions | ||||||||||||||||||||||
| Operating Revenues | |||||||||||||||||||||||||||||
| Wireless service | $ | 14,346 | $ | — | $ | (12,321) | $ | 2,025 | $ | 13,669 | $ | — | $ | (11,784) | $ | 1,885 | |||||||||||||
| Wireline service | — | 5,860 | — | 5,860 | — | 6,101 | — | 6,101 | |||||||||||||||||||||
| Wireless equipment | 4,590 | — | (3,809) | 781 | 3,480 | — | (2,895) | 585 | |||||||||||||||||||||
| Wireline equipment | — | 192 | — | 192 | — | 204 | — | 204 | |||||||||||||||||||||
| Total Operating Revenues | 18,936 | 6,052 | (16,130) | 8,858 | 17,149 | 6,305 | (14,679) | 8,775 | |||||||||||||||||||||
| Operating Expenses | |||||||||||||||||||||||||||||
| Operations and support | 10,911 | 3,709 | (8,957) | 5,663 | 9,332 | 3,714 | (7,686) | 5,360 | |||||||||||||||||||||
| EBITDA | 8,025 | 2,343 | (7,173) | 3,195 | 7,817 | 2,591 | (6,993) | 3,415 | |||||||||||||||||||||
| Depreciation and amortization | 2,023 | 1,293 | (1,678) | 1,638 | 2,012 | 1,301 | (1,692) | 1,621 | |||||||||||||||||||||
| Total Operating Expenses | 12,934 | 5,002 | (10,635) | 7,301 | 11,344 | 5,015 | (9,378) | 6,981 | |||||||||||||||||||||
| Operating Income | 6,002 | 1,050 | (5,495) | 1,557 | 5,805 | 1,290 | (5,301) | 1,794 | |||||||||||||||||||||
| Equity in Net Income (Loss) of Affiliates | — | — | — | — | — | — | — | — | |||||||||||||||||||||
| Operating Contribution | $ | 6,002 | $ | 1,050 | $ | (5,495) | $ | 1,557 | $ | 5,805 | $ | 1,290 | $ | (5,301) | $ | 1,794 | |||||||||||||
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. | |||||||||||||||||||||||||||||
| Supplemental Operational Measure | |||||||||||||||||||||||||||||
| Six-Month Period | |||||||||||||||||||||||||||||
| June 30, 2021 | June 30, 2020 | ||||||||||||||||||||||||||||
| Mobility | Business Wireline | Adjustments1 | Business Solutions | Mobility | Business Wireline | Adjustments1 | Business Solutions | ||||||||||||||||||||||
| Operating Revenues | |||||||||||||||||||||||||||||
| Wireless service | $ | 28,394 | $ | — | $ | (24,400) | $ | 3,994 | $ | 27,637 | $ | — | $ | (23,803) | $ | 3,834 | |||||||||||||
| Wireline service | — | 11,732 | — | 11,732 | — | 12,192 | — | 12,192 | |||||||||||||||||||||
| Wireless equipment | 9,576 | — | (8,005) | 1,571 | 6,914 | — | (5,619) | 1,295 | |||||||||||||||||||||
| Wireline equipment | — | 366 | — | 366 | — | 379 | — | 379 | |||||||||||||||||||||
| Total Operating Revenues | 37,970 | 12,098 | (32,405) | 17,663 | 34,551 | 12,571 | (29,422) | 17,700 | |||||||||||||||||||||
| Operating Expenses | |||||||||||||||||||||||||||||
| Operations and support | 21,929 | 7,419 | (18,136) | 11,212 | 18,901 | 7,601 | (15,496) | 11,006 | |||||||||||||||||||||
| EBITDA | 16,041 | 4,679 | (14,269) | 6,451 | 15,650 | 4,970 | (13,926) | 6,694 | |||||||||||||||||||||
| Depreciation and amortization | 4,037 | 2,571 | (3,356) | 3,252 | 4,057 | 2,587 | (3,414) | 3,230 | |||||||||||||||||||||
| Total Operating Expenses | 25,966 | 9,990 | (21,492) | 14,464 | 22,958 | 10,188 | (18,910) | 14,236 | |||||||||||||||||||||
| Operating Income | 12,004 | 2,108 | (10,913) | 3,199 | 11,593 | 2,383 | (10,512) | 3,464 | |||||||||||||||||||||
| Equity in Net Income (Loss) of Affiliates | — | — | — | — | — | — | — | — | |||||||||||||||||||||
| Operating Contribution | $ | 12,004 | $ | 2,108 | $ | (10,913) | $ | 3,199 | $ | 11,593 | $ | 2,383 | $ | (10,512) | $ | 3,464 | |||||||||||||
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. | |||||||||||||||||||||||||||||