AT&T Inc. (T)
Analysis of Inventory
Inventory Accounting Policy
Equipment inventories, which primarily consist of wireless devices and accessories, are included in “Other current assets” on AT&T’s consolidated balance sheets. Equipment inventories are valued at the lower of cost or net realizable value and were $2,771 at December 31, 2018 and $2,225 at December 31, 2017.
Source: 10-K (filing date: 2019-02-20).
AT&T Inc., Statement of Financial Position, Inventory
USD $ in millions
|Dec 31, 2018||Dec 31, 2017||Dec 31, 2016||Dec 31, 2015||Dec 31, 2014|
|Wireless devices and accessories|
|Equipment inventories||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 equipment inventories increased from 2016 to 2017 and from 2017 to 2018.|