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Analysis of Inventory
Inventory Accounting Policy
Inventories, which are included in "Other current assets" on AT&T’s consolidated balance sheets, were $2,225 at December 31, 2017, and $2,039 at December 31, 2016. Wireless devices and accessories, which are valued at the lower of cost or net realizable value, were $2,160 at December 31, 2017, and $1,951 at December 31, 2016.
Source: 10-K (filing date: 2018-02-20).
AT&T Inc., Statement of Financial Position, Inventory
USD $ in millions
|Dec 31, 2017||Dec 31, 2016||Dec 31, 2015||Dec 31, 2014||Dec 31, 2013|
|Wireless devices and accessories|
|Inventory||Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.||AT&T Inc.’s inventory declined from 2015 to 2016 but then slightly increased from 2016 to 2017.|