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AT&T Inc. (T)
Analysis of Inventory
Difficulty: Advanced
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 $2,225 at December 31, 2017.
Source: 10-K (filing date: 2019-02-20).
Inventory Disclosure
AT&T Inc., balance sheet: inventory
US$ in millions
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |||||||
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| Wireless devices and accessories | |
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| Other | |
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| Equipment inventories | |
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Based on: 10-K (filing date: 2019-02-20), 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).
| Item | Description | The company |
|---|---|---|
| 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. |