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Analysis of Inventory

Difficulty: Advanced


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).


Inventory Disclosure

AT&T Inc., Statement of Financial Position, Inventory

USD $ in millions

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Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Wireless devices and accessories hidden hidden hidden hidden hidden
Other hidden hidden hidden hidden hidden
Inventory hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-18), 10-K (filing date: 2015-02-20), 10-K (filing date: 2014-02-21).

Item Description The company
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.