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Published: 2023-03-03 16:01:50 ET
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EX-99.1 2 ex991supplementalquarterly.htm EX-99.1 SUPPLEMENTAL QUARTERLY SEGMENT FINANCIAL INFORMATION Document
Exhibit 99.1
AT&T Inc.
Supplemental Quarterly Segment Financial Information
Dollars in millions
Unaudited
Communications Segment3/31/216/30/219/30/2112/31/213/31/226/30/229/30/2212/31/22
Operating Revenues
Mobility$19,034 $18,936 $19,138 $21,146 $20,075 $19,926 $20,278 $21,501 
Business Wireline6,046 6,052 5,938 5,901 5,640 5,595 5,668 5,635 
Consumer Wireline3,098 3,140 3,142 3,159 3,161 3,174 3,185 3,229 
Total Operating Revenues28,178 28,128 28,218 30,206 28,876 28,695 29,131 30,365 
Operating Expenses
Operations and support17,218 17,186 17,460 20,164 18,265 17,897 17,958 19,530 
Depreciation and amortization4,054 4,085 4,114 4,156 4,124 4,115 4,184 4,258 
Total Operating Expenses21,272 21,271 21,574 24,320 22,389 22,012 22,142 23,788 
Operating Income$6,906 $6,857 $6,644 $5,886 $6,487 $6,683 $6,989 $6,577 
Operating Income Margin24.5%24.4%23.5%19.5%22.5%23.3%24.0%21.7%
EBITDA1
$10,960 $10,942 $10,758 $10,042 $10,611 $10,798 $11,173 $10,835 
EBITDA Margin1
38.9%38.9%38.1%33.2%36.7%37.6%38.4%35.7%
1
Exhibit 99.1
Mobility3/31/216/30/219/30/2112/31/213/31/226/30/229/30/2212/31/22
Operating Revenues
Service$14,048 $14,346 $14,527 $14,669 $14,724 $15,004 $15,337 $15,434 
Equipment4,986 4,590 4,611 6,477 5,351 4,922 4,941 6,067 
Total Operating Revenues19,034 18,936 19,138 21,146 20,075 19,926 20,278 21,501 
Operating Expenses
Operations and support11,148 11,079 11,288 13,938 12,327 11,861 12,010 13,572 
Depreciation and amortization2,014 2,023 2,035 2,050 2,059 2,017 2,042 2,080 
Total Operating Expenses13,162 13,102 13,323 15,988 14,386 13,878 14,052 15,652 
Operating Income$5,872 $5,834 $5,815 $5,158 $5,689 $6,048 $6,226 $5,849 
Operating Income Margin30.9%30.8%30.4%24.4%28.3%30.4%30.7%27.2%
EBITDA1
$7,886 $7,857 $7,850 $7,208 $7,748 $8,065 $8,268 $7,929 
EBITDA Margin1
41.4%41.5%41.0%34.1%38.6%40.5%40.8%36.9%
EBITDA Service Margin1
56.1%54.8%54.0%49.1%52.6%53.8%53.9%51.4%
Business Wireline3/31/216/30/219/30/2112/31/213/31/226/30/229/30/2212/31/22
Operating Revenues
Service$5,872 $5,860 $5,765 $5,727 $5,478 $5,416 $5,524 $5,473 
Equipment174 192 173 174 162 179 144 162 
Total Operating Revenues6,046 6,052 5,938 5,901 5,640 5,595 5,668 5,635 
Operating Expenses
Operations and support3,923 3,924 3,866 3,940 3,702 3,792 3,705 3,735 
Depreciation and amortization1,278 1,293 1,304 1,317 1,299 1,313 1,342 1,360 
Total Operating Expenses5,201 5,217 5,170 5,257 5,001 5,105 5,047 5,095 
Operating Income$845 $835 $768 $644 $639 $490 $621 $540 
Operating Income Margin14.0%13.8%12.9%10.9%11.3%8.8%11.0%9.6%
EBITDA1
$2,123 $2,128 $2,072 $1,961 $1,938 $1,803 $1,963 $1,900 
EBITDA Margin1
35.1%35.2%34.9%33.2%34.4%32.2%34.6%33.7%
2
Exhibit 99.1
Consumer Wireline3/31/216/30/219/30/2112/31/213/31/226/30/229/30/2212/31/22
Operating Revenues
Broadband$2,205 $2,266 $2,290 $2,324 $2,355 $2,393 $2,429 $2,492 
Legacy Voice and Data Services519 504 484 470 460 445 427 414 
Other Service and Equipment374 370 368 365 346 336 329 323 
Total Operating Revenues3,098 3,140 3,142 3,159 3,161 3,174 3,185 3,229 
Operating Expenses
Operations and support2,147 2,183 2,306 2,286 2,236 2,244 2,243 2,223 
Depreciation and amortization762 769 775 789 766 785 800 818 
Total Operating Expenses2,909 2,952 3,081 3,075 3,002 3,029 3,043 3,041 
Operating Income$189 $188 $61 $84 $159 $145 $142 $188 
Operating Income Margin6.1%6.0%1.9%2.7%5.0%4.6%4.5%5.8%
EBITDA1
$951 $957 $836 $873 $925 $930 $942 $1,006 
EBITDA Margin1
30.7%30.5%26.6%27.6%29.3%29.3%29.6%31.2%
3
Exhibit 99.1
Latin America Segment - Mexico3/31/216/30/219/30/2112/31/213/31/226/30/229/30/2212/31/22
Operating Revenues
Wireless service$439 $447 $463 $485 $490 $534 $559 $579 
Wireless equipment192 241 261 219 200 274 226 282 
Total Operating Revenues631 688 724 704 690 808 785 861 
Operating Expenses
Operations and support620 667 697 668 631 721 684 776 
Depreciation and amortization145 150 157 153 161 169 164 164 
Total Operating Expenses765 817 854 821 792 890 848 940 
Operating Income (Loss)$(134)$(129)$(130)$(117)$(102)$(82)$(63)$(79)
Operating Income Margin-21.2%-18.8%-18.0%-16.6%-14.8%-10.1%-8.0%-9.2%
EBITDA1
$11 $21 $27 $36 $59 $87 $101 $85 
EBITDA Margin1
1.7%3.1%3.7%5.1%8.6%10.8%12.9%9.9%
Corporate3/31/216/30/219/30/2112/31/213/31/226/30/229/30/2212/31/22
Total Operating Revenues$174 $184 $188 $185 $146 $140 $127 $117 
Operating Expenses
Operations and support501 543 587 778 626 695 687 806 
DTV-related retained costs— — 136 277 160 239 235 244 
Parent administration support417 460 404 418 347 341 317 373 
Securitization fees40 12 1 36 82 78 103 156 
Value portfolio44 71 46 47 37 37 32 33 
Depreciation and amortization17 18 114 163 150 149 150 157 
Total Operating Expenses518 561 701 941 776 844 837 963 
Operating Income (Loss)(344)(377)(513)(756)(630)(704)(710)(846)
1 EBITDA is operating income before depreciation and amortization. It excludes depreciation and amortization, interest expense, other income (expense) - net and income taxes from net income. EBITDA margin is calculated as EBITDA divided by total revenue and EBITDA service margin is calculated as EBITDA divided by service revenues.
4