AT&T Inc. (T)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Beginner level

AT&T Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Debt maturing within one year	1.93%	8.64%	2.43%	1.90%	2.07%
Accounts payable	5.08%	5.50%	5.45%	5.23%	5.12%
Accrued payroll and commissions	0.64%	0.51%	0.61%	0.65%	0.67%
Current portion of employee benefit obligation	0.28%	0.36%	0.41%	0.44%	0.63%
Accrued interest	0.48%	0.60%	0.50%	0.49%	0.55%
Other	1.65%	0.79%	0.74%	0.73%	1.09%
Accounts payable and accrued liabilities	8.12%	7.76%	7.71%	7.54%	8.06%
Advanced billings and customer deposits	1.12%	0.95%	1.12%	1.16%	1.40%
Accrued taxes	0.22%	0.28%	0.51%	0.54%	0.37%
Dividends payable	0.72%	0.69%	0.74%	0.73%	0.83%
Current liabilities	12.11%	18.33%	12.52%	11.87%	12.73%
Long-term debt, excluding maturing within one year	31.26%	28.37%	28.15%	29.43%	25.96%
Deferred income taxes	10.88%	9.73%	14.89%	13.95%	12.82%
Postemployment benefit obligation	3.61%	7.15%	8.32%	8.51%	12.66%
Other noncurrent liabilities	5.68%	4.45%	5.39%	5.53%	6.14%
Deferred credits and other noncurrent liabilities	20.18%	21.33%	28.59%	27.99%	31.63%
Noncurrent liabilities	51.43%	49.70%	56.74%	57.42%	57.58%
Total liabilities	63.55%	68.02%	69.27%	69.30%	70.32%
Common stock, $1 par value	1.43%	1.46%	1.61%	1.61%	2.22%
Additional paid-in capital	23.60%	20.17%	22.19%	22.29%	31.11%
Retained earnings	11.05%	11.37%	8.60%	8.36%	9.47%
Treasury stock, at cost	-2.27%	-2.86%	-3.13%	-3.13%	-16.06%
Accumulated other comprehensive income	0.80%	1.58%	1.23%	1.32%	2.75%
Stockholders’ equity attributable to AT&T	34.61%	31.72%	30.49%	30.46%	29.50%
Noncontrolling interest	1.84%	0.26%	0.24%	0.24%	0.19%
Total stockholders’ equity	36.45%	31.98%	30.73%	30.70%	29.68%
Total liabilities and stockholders’ equity	100.00%	100.00%	100.00%	100.00%	100.00%

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).

Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	AT&T Inc.’s current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2016 to 2017 but then decreased significantly from 2017 to 2018.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	AT&T Inc.’s noncurrent liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2016 to 2017 but then slightly increased from 2017 to 2018.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	AT&T Inc.’s total liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2016 to 2017 and from 2017 to 2018.
Stockholders’ equity attributable to AT&T	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	AT&T Inc.’s stockholders’ equity attributable to AT&T as a percentage of total liabilities and stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.