Create 5 slides on power point of a Component Analysis and trend Analysis of Verizon vs AT&T. Data base provided

Consolidated Statements of Income – USD ($) shares in Millions, $ in MillionsOperating Revenues
Operating Revenues
Operating Expenses
Selling, general and administrative expense
Depreciation and amortization expense
Media goodwill impairement
Total Operating Expenses
Operating Income
Equity in earnings (losses) of unconsolidated businesses
Other income (expense), net
Interest expense
Income Before Provision For Income Taxes
Provision for income taxes
Net Income
Net income attributable to noncontrolling interests
Net income attributable to Verizon
Net Income
Basic Earnings Per Common Share
Net income attributable to Verizon (in USD per share)
Weighted-average shares outstanding (in shares)
Diluted Earnings Per Common Share
Net income attributable to Verizon (in USD per share)
Weighted-average shares outstanding (in shares)
Service revenues and other
Operating Revenues
Operating Revenues
Wireless equipment
Operating Revenues
Operating Revenues
Operating Expenses
Cost of services and equipment
Dec. 31,
2022
12 Months Ended
Dec. 31,
Dec. 31,
Dec. 31,
2021
2020
2019
$ 136,835
$ 133,613
$ 128,292
$ 131,868
30,136
17,099
28,658
16,206
31,573
16,720
106,368
30,467
44
1,373
(3,613)
28,271
(6,523)
21,748
492
21,256
$ 21,748
101,165
32,448
145
312
(3,485)
29,420
(6,802)
22,618
553
22,065
$ 22,618
99,494
28,798
(45)
(539)
(4,247)
23,967
(5,619)
18,348
547
17,801
$ 18,348
29,896
16,682
186
101,490
30,378
(15)
(2,900)
(4,730)
22,733
(2,945)
19,788
523
19,265
$ 19,788
$ 5.06
4,202
$ 5.32
4,148
$ 4.30
4,140
$ 4.66
4,138
$ 5.06
4,204
$ 5.32
4,150
$ 4.30
4,142
$ 4.65
4,140
$ 109,625
$ 110,449
$ 109,872
$ 110,305
27,210
23,164
18,420
31,772
30,496
25,067
19,800
Service
Operating Expenses
Cost of services and equipment
21,563
$ 28,637
$ 31,234
$ 31,401
$ 22,954
Dollar Change
Percentage change
Dec. 31,
2018
2022-21
2021-20
2020-19
2019-18
$ 130,863
$ 3,222
$ 5,321
$ (3,576)
$ 1,005
31,083 $ 1,478
$ 893
17,403
$0
4,591
108,585 $ 5,203
22,278 $ (1,981)
$ (101)
(186)
2,364 $ 1,061
$ (128)
(4,833)
19,623 $ (1,149)
$ 279
(3,584)
$ (870)
16,039
$ (61)
511
$ (809)
15,528
$ (870)
$ 16,039
$ (2,915)
$ (514)
$0
$ 1,671
$ 3,650
$ 190
$ 851
$ 762
$ 5,453
$ (1,183)
$ 4,270
$6
$ 4,264
$ 4,270
$ 1,677
$ 38
$ (186)
$ (1,996)
$ (1,580)
$ (30)
$ 2,361
$ 483
$ 1,234
$ (2,674)
$ (1,440)
$ 24
$ (1,464)
$ (1,440)
$ (1,187)
$ (721)
$ (4,405)
$ (7,095)
$ 8,100
$ 171
$ (5,264)
$ 103
$ 3,110
$ 639
$ 3,749
$ 12
$ 3,737
$ 3,749
$0
$1
$ 10
$0
$1
$8
$0
$0
$ 1,700
$0
$0
$ (413)
$0
$0
$ 3.76
4,128
$ (0)
$ 54
$1
$8
$ (0)
$2
$ 3.76
4,132
$ (0)
$ 54
$1
$8
$ (0)
$2
$ 108,605
$ (824)
$ 577
$ (433)
32,185
$ 4,046
$ 4,744
$ (13,352)
$ 5,429
$ 5,267
$ 19,800
2022-21
Component Analysis
2021-20
2020-19
2019-18
2022
2021
2020
2019
102%
104%
97%
101%
100%
100%
100%
100%
105%
106%
91%
97%
106%
100%
105%
94%
30%
440%
104%
96%
96%
96%
89%
96%
96%
102%
113%
-322%
-58%
82%
123%
121%
123%
101%
124%
123%
98%
95%
300%
19%
90%
105%
191%
93%
105%
92%
93%
96%
96%
4%
93%
136%
8%
-123%
98%
116%
82%
123%
102%
124%
123%
22%
12%
0%
78%
22%
0%
1%
-3%
21%
-5%
16%
0%
16%
16%
21%
12%
0%
76%
24%
0%
0%
-3%
22%
-5%
17%
0%
17%
17%
25%
13%
0%
78%
22%
0%
0%
-3%
19%
-4%
14%
0%
14%
14%
23%
13%
0%
77%
23%
0%
-2%
-4%
17%
-2%
15%
0%
15%
15%
95%
101%
124%
100%
92%
100%
124%
100%
0%
3%
0%
3%
0%
3%
0%
3%
95%
101%
124%
100%
92%
100%
124%
100%
0%
3%
0%
3%
0%
3%
0%
3%
99%
101%
100%
102%
80%
83%
86%
84%
117%
126%
58%
99%
20%
17%
14%
24%
122%
127%
22%
19%
15%
22,258
$ 23,323
$ (2,597)
$ (167)
$ 8,447
$ (695)
$0
$ (369)
97%
92%
99%
137%
98%
16%
21%
23%
24%
17%
Trend Analysis
2022
2021
2020
2019
2018
105%
102%
98%
101%
100%
97%
98%
0%
98%
137%
-24%
58%
75%
144%
182%
136%
96%
137%
136%
92%
93%
0%
93%
146%
-78%
13%
72%
150%
190%
141%
108%
142%
141%
102%
96%
0%
92%
129%
24%
-23%
88%
122%
157%
114%
107%
115%
114%
96%
96%
4%
93%
136%
8%
-123%
98%
116%
82%
123%
102%
124%
123%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
135%
102%
141%
100%
114%
100%
124%
100%
135%
102%
141%
100%
114%
100%
124%
100%
101%
102%
101%
102%
85%
72%
57%
99%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
97%
123%
134%
135%
98%
100%
100%
100%
Consolidated Balance Sheets – USD ($) $ in
Millions
Current assets
Cash and cash equivalents
Accounts receivable
Less Allowance for credit losses
Less Allowance for doubtful accounts
Accounts receivable, net
Inventories
Prepaid expenses and other
Total current assets
Property, plant and equipment
Less Accumulated depreciation
Property, plant and equipment, net
Investments in unconsolidated businesses
Wireless licenses
Goodwill
Other intangible assets, net
Operating lease right-of-use assets
Other assets
Total assets
Current liabilities
Debt maturing within one year
Accounts payable and accrued liabilities
Current operating lease liabilities
Other current liabilities
Total current liabilities
Long-term debt
Employee benefit obligations
Deferred income taxes
Non-current operating lease liabilities
Other liabilities
Total long-term liabilities
Commitments and Contingencies
Dec. 31, 2022
Dec. 31, 2021
$ 2,605
25,332
826
$ 2,921
24,742
896
24,506
2,388
8,358
37,857
307,689
200,255
107,434
1,071
149,796
28,671
11,461
26,130
17,260
379,680
9,963
23,977
4,134
12,097
50,171
140,676
12,974
43,441
21,558
18,397
237,046
Dec. 31, 2020
Dec. 31, 2019
23,846
3,055
6,906
36,728
289,897
190,201
99,696
1,061
147,619
28,603
11,677
27,883
13,329
366,596
$ 22,171
25,169
1,252
0
23,917
1,796
6,710
54,594
279,737
184,904
94,833
589
96,097
24,773
9,413
22,531
13,651
316,481
$ 2,594
26,162
0
733
25,429
1,422
8,028
37,473
265,734
173,819
91,915
558
95,059
24,389
9,498
22,694
10,141
291,727
7,443
24,833
3,859
11,025
47,160
143,425
15,410
40,685
23,203
13,513
236,236
5,889
20,658
3,485
9,628
39,660
123,173
18,657
35,711
18,000
12,008
207,549
10,777
21,806
3,261
9,024
44,868
100,712
17,952
34,703
18,393
12,264
184,024
Dol
Dec. 31, 2018
$ 2,745
25,102
1,336
5,453
34,636
252,835
163,549
89,286
671
94,130
24,614
9,775
11,717
264,829
7,190
22,501
8,239
37,930
105,873
18,599
33,795
13,922
172,189
2022
$ (316)
$ 590
$ (70)
$0
$ 660
$ (667)
$ 1,452
$ 1,129
$ 17,792
$ 10,054
$ 7,738
$ 10
$ 2,177
$ 68
$ (216)
$ (1,753)
$ 3,931
$ 13,084
$ 2,520
$ (856)
$ 275
$ 1,072
$ 3,011
$ (2,749)
$ (2,436)
$ 2,756
$ (1,645)
$ 4,884
$ 810
Equity
Series preferred stock ($0.10 par value;
250,000,000
shares
authorized;
issued)
Common stock
($0.10
par value;none
6,250,000,000
shares authorized
in each period; 4,291,433,646
Additional
paid in capital
Retained earnings
Accumulated other comprehensive loss
Common stock in treasury, at cost (91,572,258
and
93,634,725
shares outstanding)
Deferred
compensation
– employee stock
ownership plansinterests
(ESOPs) and other
Noncontrolling
Total equity
Total liabilities and equity
0
429
13,420
82,380
(1,865)
(4,013)
793
1,319
92,463
$ 379,680
0
429
13,861
71,993
(927)
(4,104)
538
1,410
83,200
$ 366,596
0
429
13,404
60,464
(71)
(6,719)
335
1,430
69,272
$ 316,481
0
429
13,419
53,147
998
(6,820)
222
1,440
62,835
$ 291,727
0
429
13,437
43,542
2,370
(6,986)
353
1,565
54,710
$ 264,829
$0
$0
$ (441)
$ 10,387
$ (938)
$ 91
$ 255
$ (91)
$ 9,263
$ 13,084
Dollar change
Percentage change
2021
$ (19,250)
$ (427)
$ (356)
$0
$ (71)
$ 1,259
$ 196
$ (17,866)
$ 10,160
$ 5,297
$ 4,863
$ 472
$ 51,522
$ 3,830
$ 2,264
$ 5,352
$ (322)
$ 50,115
2020
$ 19,577
$ (993)
$ 1,252
$ (733)
$ (1,512)
$ 374
$ (1,318)
$ 17,121
$ 14,003
$ 11,085
$ 2,918
$ 31
$ 1,038
$ 384
$ (85)
$ (163)
$ 3,510
$ 24,754
2019
$ (151)
$ 26,162
$0
$ 733
$ 327
$ 86
$ 2,575
$ 2,837
$ 12,899
$ 10,270
$ 2,629
$ (113)
$ 929
$ (225)
$ (277)
$ 22,694
$ (1,576)
$ 26,898
$ 1,554
$ 4,175
$ 374
$ 1,397
$ 7,500
$ 20,252
$ (3,247)
$ 4,974
$ 5,203
$ 1,505
$ 28,687
$ (4,888)
$ (1,148)
$ 224
$ 604
$ (5,208)
$ 22,461
$ 705
$ 1,008
$ (393)
$ (256)
$ 23,525
$ 3,587
$ (695)
$ 3,261
$ 785
$ 6,938
$ (5,161)
$ (647)
$ 908
$ 18,393
$ (1,658)
$ 11,835
2022
2021
Component Analysis
2020
855%
96%
89%
102%
92%
13%
98%
72%
103%
78%
121%
103%
106%
105%
108%
101%
101%
100%
98%
94%
129%
104%
100%
170%
103%
67%
104%
103%
105%
180%
154%
115%
124%
124%
98%
116%
0%
94%
126%
84%
146%
105%
106%
103%
106%
101%
102%
99%
99%
135%
108%
134%
97%
107%
110%
106%
98%
84%
107%
93%
136%
100%
126%
120%
111%
115%
119%
116%
83%
114%
129%
113%
114%
55%
95%
107%
107%
88%
122%
104%
103%
98%
98%
113%
2019
94%
101%
106%
147%
108%
105%
106%
103%
83%
101%
99%
97%
87%
110%
150%
97%
110%
118%
95%
97%
103%
88%
107%
2022
1%
7%
0%
0%
6%
1%
2%
10%
81%
53%
28%
0%
39%
8%
3%
7%
5%
100%
3%
6%
1%
3%
13%
37%
3%
11%
6%
5%
62%
$0
$0
$ 457
$ 11,529
$ (856)
$ 2,615
$ 203
$ (20)
$ 13,928
$ 50,115
$0
$0
$0
$ (15)
$ 7,317
$ (1,069)
$ 101
$ 113
$ (10)
$ 6,437
$ 24,754
$0
$0
$0
$ (18)
$ 9,605
$ (1,372)
$ 166
$ (131)
$ (125)
$ 8,125
$ 26,898
100%
97%
114%
201%
98%
147%
94%
111%
104%
100%
103%
119%
1306%
61%
161%
99%
120%
116%
100%
100%
114%
-7%
99%
151%
99%
110%
108%
100%
100%
122%
42%
98%
63%
92%
115%
110%
0%
0%
4%
22%
0%
-1%
0%
0%
24%
100%
Component Analysis
2021
2020
1%
7%
7%
8%
0%
0%
0%
0%
7%
8%
1%
1%
2%
2%
10%
17%
79%
88%
52%
58%
27%
30%
0%
0%
40%
30%
8%
8%
3%
3%
8%
7%
4%
4%
100%
100%
2%
7%
1%
3%
13%
39%
4%
11%
6%
4%
64%
2%
7%
1%
3%
13%
39%
6%
11%
6%
4%
66%
2019
2018
1%
9%
0%
0%
9%
0%
3%
13%
91%
60%
32%
0%
33%
8%
3%
8%
3%
100%
1%
0%
0%
0%
9%
1%
2%
13%
95%
62%
34%
0%
36%
9%
4%
0%
4%
100%
4%
7%
1%
3%
15%
35%
6%
12%
6%
4%
63%
3%
8%
0%
3%
14%
40%
7%
13%
0%
5%
65%
103%
78%
121%
103%
106%
105%
108%
101%
101%
100%
98%
94%
129%
104%
Trend Analysis
2021
2020
13%
855%
98%
96%
72%
0%
100%
94%
170%
126%
103%
84%
67%
146%
104%
105%
103%
106%
105%
103%
180%
106%
154%
101%
115%
102%
124%
99%
124%
99%
98%
135%
116%
108%
134%
97%
107%
110%
106%
98%
84%
107%
93%
136%
100%
126%
120%
111%
115%
119%
116%
83%
114%
129%
113%
114%
2022
89%
102%
92%
55%
95%
107%
107%
88%
122%
104%
103%
98%
98%
113%
2019
94%
101%
106%
147%
108%
105%
106%
103%
83%
101%
99%
97%
87%
110%
150%
97%
110%
118%
95%
97%
103%
88%
107%
2018
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
0%
0%
4%
20%
0%
-1%
0%
0%
23%
100%
0%
0%
4%
19%
0%
-2%
0%
0%
22%
100%
0%
0%
5%
18%
0%
-2%
0%
0%
22%
100%
0%
0%
5%
16%
1%
-3%
0%
1%
21%
100%
100%
97%
114%
201%
98%
147%
94%
111%
104%
100%
103%
119%
1306%
61%
161%
99%
120%
116%
100%
100%
114%
-7%
99%
151%
99%
110%
108%
100%
100%
122%
42%
98%
63%
92%
115%
110%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
12 Months Ended
Consolidated Statements Of Income – USD ($) $ in Millions
Operating Revenues
Total operating revenues
Cost of revenues
Other cost of revenues (exclusive of depreciation and amortization shown separately below)
Selling, general and administrative
Asset impairments and abandonments and restructuring
Depreciation and amortization
Total operating expenses
Operating Income (Loss)
Other Income (Expense)
Interest Expense
Equity in net income of affiliates
Other income (expense) – net
Total other income (expense)
Income (Loss) from Continuing Operations Before Income Taxes
Income tax expense on continuing operations
Income (Loss) from Continuing Operations
Loss from discontinued operations, net of tax
Net Income (Loss)
Less: Net Income Attributable to Noncontrolling Interest
Net Income (Loss) Attributable to AT&T
Less: Preferred Stock Dividends
Net Income (Loss) Attributable to Common Stock
Basic Earnings (Loss) Per Share from continuing operations
Basic Loss Per Share from discontinued operations
Basic Earnings (Loss) Per Share Attributable to Common Stock
Diluted Earnings (Loss) Per Share from continuing operations
Diluted Loss Per Share from discontinued operations
Diluted Earnings (Loss) Per Share Attributable to Common Stock
Service
Operating Revenues
Dec. 31, 2022 Dec. 31, 2021 Dec. 31, 2020
$ 120,741
$ 134,038
$ 143,050
26,839
28,961
27,498
18,021
125,328
(4,587)
28,616
29,669
213
17,852
108,141
25,897
29,989
30,817
15,687
22,523
134,678
8,372
(6,108)
1,791
5,810
1,493
(3,094)
3,780
(6,874)
(181)
(7,055)
(1,469)
(8,524)
(203)
$ (8,727)
$ (1.10)
(0.03)
(1.13)
(1.10)
(0.03)
$ (1.13)
(6,716)
603
9,387
3,274
29,171
5,395
23,776
(2,297)
21,479
(1,398)
20,081
(207)
$ 19,874
$ 3.07
(0.30)
2.77
3.02
(0.29)
$ 2.73
(7,727)
89
(1,088)
(8,726)
(354)
1,168
(1,522)
(2,299)
(3,821)
(1,355)
(5,176)
(193)
$ (5,369)
$ (0.45)
(0.30)
(0.75)
(0.45)
(0.30)
$ (0.75)
Total operating revenues
Equipment
Operating Revenues
Total operating revenues
Cost of revenues
Cost of goods and services sold
Broadcast, programming and operations
Cost of revenues
Cost of goods and services sold
$ 97,831
$ 111,565
$ 124,057
22,910
22,473
18,993
24,009
23,685
19,585
$0
$ 8,106
$ 16,077
onths Ended
Dollar Change
Dec. 31, 2019 Dec. 31, 2018
2020-19
Percentage change
Component Analysis
2022-21
2021-20
2019-18
2022-21
2021-20
2020-19
2019-18
2022
2021
$ (13,297)
$ (9,012) $ (38,143) #######
90%
94%
79%
106%
100%
100%
$ 181,193
$ 170,756
34,356
39,422
1,458
28,217
153,238
27,955
32,906
36,765
46
28,430
144,660
26,096
$ (1,777) $ (1,373) $ (4,367)
$ (708) $ (1,148) $ (8,605)
$ 27,285 $ (15,474) $ 14,229
$ 169
$ (4,671) $ (5,694)
$ 17,187 $ (26,537) $ (18,560)
$ (30,484) $ 17,525 $ (19,583)
$ 1,450
$ 2,657
$ 1,412
$ (213)
$ 8,578
$ 1,859
94%
98%
12910%
101%
116%
-18%
95%
96%
1%
79%
80%
309%
87%
78%
1076%
80%
88%
30%
104%
107%
3170%
99%
106%
107%
22%
24%
23%
15%
104%
-4%
21%
22%
0%
13%
81%
19%
(8,422)
6
(1,071)
(9,487)
18,468
3,493
(7,957)
(48)
6,782
(1,223)
24,873
4,920
75%
184%
72%
$ 2.85
-39%
67%
$ 1.89
$ 2.85
87%
678%
-863%
-38%
-8240%
462%
-1562%
100%
-562%
103%
-388%
107%
-370%
-682%
100%
-369%
-671%
97%
-364%
-26%
126%
-37%
6433%
-39%
$ 1.90
91%
297%
62%
46%
-11%
70%
-29%
8%
-33%
105%
-42%
98%
-44%
-36%
10%
-41%
-36%
10%
-41%
106%
-13%
-16%
776%
74%
71%
19,953
(583)
19,370
0
$ 19,370
$ (465)
$ 54
$ (7,853)
$ (8,264)
$ (6,405)
$ (1,427)
$0
$0
$ (4,978)
$ (489)
$ (5,467)
$ (3)
$ (5,470)
$0
$0
$ (1)
$0
$0
$ (1)
$0
$0
92%
1483%
102%
92%
-2%
33%
14,975
(1,072)
13,903
(3)
$ 13,900
$ 608
$ 1,188
$ (3,577)
$ (1,781)
$ (32,265)
$ (1,615)
$ (30,650)
$ 2,116
$ (28,534)
$ (71)
$ (28,605)
$4
$ (28,601)
$ (4)
$0
$ (4)
$ (4)
$0
$ (4)
-40%
66%
-5%
1%
5%
1%
-3%
3%
-6%
0%
-6%
-1%
-7%
0%
-7%
0%
0%
0%
0%
0%
0%
-5%
0%
7%
2%
22%
4%
18%
-2%
16%
-1%
15%
0%
15%
0%
0%
0%
0%
0%
0%
$ 1,011
$ 514
$ 10,475
$ 12,000
$ 29,525
$ 4,227
$ 25,298
$2
$ 25,300
$ (43)
$ 25,257
$ (14)
$ 25,243
$4
$0
$4
$3
$0
$3
$ 695
$ 83
$ (17)
$ 761
$ (18,822)
$ (2,325)
$ (1,522)
$ (2,299)
$ (18,796)
$ (283)
$ (19,079)
$ (190)
$ (19,269)
$ (0)
$ (0)
$ (3)
$ (0)
$ (0)
$ (3)
72%
$ 163,499
$ 152,345
17,694
18,411
$ 437
18,653
19,786
$ 324
$ 31,132
$ 26,727
$ (8,106)
$ (13,734) $ (12,492) $ (39,442) #######
$0
$ 3,480
$ 1,299
$ (717)
$0
$ 4,100
$ 932 $ (1,133)
$0
$0
$ (7,971) $ (15,055) $ 4,405
88%
90%
76%
107%
81%
83%
102%
118%
107%
96%
19%
17%
101%
121%
105%
94%
20%
18%
0%
50%
52%
116%
0%
6%
Component Analysis
2020
Trend Analysis
2019
2022
2021
2020
2019
100%
100%
71%
78%
84%
106%
21%
22%
11%
16%
94%
6%
19%
22%
0%
17%
85%
15%
82%
79%
59778%
63%
87%
-18%
87%
81%
463%
63%
75%
99%
91%
84%
34102%
79%
93%
32%
104%
107%
3170%
99%
106%
107%
-5%
0%
-1%
-6%
0%
1%
-1%
-2%
-3%
-1%
-4%
0%
-4%
0%
0%
0%
0%
0%
0%
-5%
0%
4%
-1%
15%
3%
0%
0%
12%
0%
11%
0%
11%
0%
0%
0%
0%
0%
0%
77%
-3731%
86%
-122%
-12%
77%
84%
-1256%
138%
-268%
117%
110%
97%
-185%
-16%
713%
-1%
24%
106%
-13%
-16%
776%
74%
71%
-35%
252%
-44%
108%
240%
104%
-19%
232%
-27%
75%
184%
72%
-45%
103%
-28%
72%
-40%
97%
-26%
67%
-40%
96%
-26%
66%
2018
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
87%
89%
64%
73%
81%
107%
13%
124%
122%
103%
96%
14%
11%
0%
12%
121%
120%
99%
94%
11%
16%
0%
30%
60%
116%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Dollar change
Consolidated Balance Sheets – USD ($) $ in Millions Dec. 31, 2022 Dec. 31, 2021 Dec. 31, 2020 Dec. 31, 2019 Dec. 31, 2018
Current Assets
Cash and cash equivalents
Accounts receivable – net of related allowance for
credit loss of $588 and $658
Inventories
Prepaid and other current assets
Assets from discontinued operations
Total current assets
Noncurrent Inventories and Theatrical Film and
Television Production Costs
Property, Plant and Equipment – Net
Goodwill – Net
Licenses – Net
Indefinite-Lived Intangible Assets (Excluding
Goodwill)
Other Intangible Assets – Net
Investments in and Advances to Equity Affiliates
Operating Lease Right-Of-Use Assets
Other Assets
Total Assets
Current Liabilities
Debt maturing within one year
Note payable to DIRECTV
Accounts payable and accrued liabilities
Advanced billings and customer deposits
Accured Taxes
Dividends payable
Liabilities from discontinued operations
Total current liabilities
Long-Term Debt
Deferred Credits and Other Noncurrent Liabilities
$ 3,701
11,466
$ 19,223
12,313
3,123
14,818
0
33,108
3,325
16,131
119,776
170,768
127,445
67,895
124,092
121,649
92,740
113,830
$ 9,740
20,215
$ 12,130
22,636
$ 5,204
26,472
1,822
20,231
52,008
14,752
1,631
18,364
54,761
12,434
2,047
17,704
51,427
7,713
127,315
135,259
93,840
130,128
146,241
97,907
131,473
146,370
96,144
102,418
5,354
3,533
5,391
6,168
15,386
1,780
20,798
3,695
26,269
6,245
21,814
19,612
402,853
21,824
19,252
551,622
24,714
23,617
525,761
24,039
22,754
551,669
0
24,809
531,864
7,467
130
42,644
3,918
24,620
1,245
39,095
3,966
3,470
11,838
10,255
2,014
0
56,173
128,423
3,749
33,555
106,230
151,011
49,032
6,176
1,019
3,741
45,956
6,124
1,212
3,781
43,184
5,948
1,179
3,854
63,438
153,775
68,911
151,309
64,420
166,250
2022
$ (15,522)
$ (847)
$ (202)
$ (1,313)
$ (119,776)
$ (137,660)
$0
$ 5,796
$ (24,845)
$ 10,262
$0
$ (37)
$ (2,635)
$ (10)
$ 360
$ (148,769)
$ (17,153)
$ (1,115)
$ 3,549
$ (48)
$0
$ (1,735)
$ (33,555)
$ (50,057)
$ (22,588)
Deferred income taxes
Postemployment benefit obligation
Operating lease liabilities
Other noncurrent liabilities
Total deferred credits and other noncurrent
liabilities
Stockholders’
Equity
Preferred stock ($1 par value, 5% cumulative,
10,000,000
authorized,
48,00014,000,000,000
shares issued and
Common stock
($1 par value,
authorizedpaid-in
at December
Additional
capital31, 2022 and
Retained (deficit) earnings
Treasury stock (493,156,816 at December 31, 2022
and 479,684,705
at comprehensive
December 31, 2021,
at cost)
Accumulated
other
income
Noncontrolling interest
Total stockholders’ equity
Total Liabilities and Stockholders’ Equity
Stockholders’ Equity
Preferred stock ($1 par value, 10,000,000
authorized
at December
31,outstanding
2022 and at
Series B (20,000
issued and
December 31, Equity
2022 and December 31, 2021)
Stockholders’
Preferred stock ($1 par value, 10,000,000
authorized
at December
31,outstanding
2022 and at
Series
C (70,000
issued and
December 31, Equity
2022 and December 31, 2021)
Stockholders’
Preferred stock ($1 par value, 10,000,000
authorized
December
31, 2022
and
TrademarksatAnd
Trade Names
– Net
Current Assets
Finite-Lived Intangible Assets – Net
Distribution Networks – Net
Current Assets
Finite-Lived Intangible Assets – Net
57,032
7,260
18,659
28,849
111,800
53,767
12,560
18,956
25,243
110,526
60,472
18,276
22,202
28,358
129,308
59,502
18,788
21,804
29,421
129,515
57,859
19,218
0
30,233
107,310
$ 3,265
$ (5,300)
$ (297)
$ 3,606
$ 1,274
0
7,621
125,525
58,753
(12,059)
4,249
9,795
193,884
531,864
$0
$0
$ (6,502)
$ (61,765)
$ 198
$ (763)
$ (8,566)
$ (77,398)
$ (148,769)
7,621
123,610
(19,415)
(17,082)
2,766
8,957
106,457
402,853
7,621
130,112
42,350
(17,280)
3,529
17,523
183,855
551,622
7,621
130,175
37,457
(17,910)
4,330
17,567
179,240
525,761
7,621
126,279
57,936
(13,085)
5,470
17,713
201,934
551,669
0
0
0
0
0
0
0
0
$0
$0
0
0
23,297
23,567
24,345
$0
$ 13,793
$ 15,345
$ 17,069
$0
Dollar change
Percentage change
Component Analysis
2021
$ 9,483
2020
$ (2,390)
2019
$ 6,926
2022
19%
2021
197%
2020
80%
2019
233%
2022
1%
2021
3%
2020
2%
2019
2%
$ (7,902)
$ 3,325
$ 14,309
$ 99,545
$ 118,760
$ (2,421)
$0
$ 191
$ 1,867
$ (2,753)
$ (3,836)
$0
$ (416)
$ 660
$ 3,334
93%
94%
92%
0%
19%
61%
89%
86%
885%
592%
328%
112%
110%
95%
80%
104%
106%
3%
1%
4%
0%
8%
2%
1%
3%
22%
31%
4%
0%
0%
4%
10%
4%
0%
0%
3%
10%
$ (14,752)
$ (5,666)
$ (42,519)
$ 19,990
$ 2,318
$ (2,813)
$ (10,982)
$ (4,067)
$ 4,721
$ (1,345)
$ (129)
$ 1,763
105%
73%
109%
0%
96%
69%
121%
119%
98%
92%
96%
161%
99%
100%
102%
0%
32%
17%
31%
0%
22%
17%
21%
3%
24%
26%
18%
2%
24%
27%
18%
$0
$ (9,995)
$0
$ (5,412)
$ (102,418)
$ (5,471)
0%
79%
0%
1%
0%
1%
0%
3%
0%
4%
$ 4,388
$ (2,890)
$ (4,365)
$ 25,861
$ (1,915)
$ 675
$ 863
$ (25,908)
$0
$ (8,368)
$0
$ 3,076
$ 52
$ (193)
$ (40)
$0
$ (5,473)
$ 2,466
$0
$ (2,550)
$ 24,039
$ (2,055)
$ 19,805
$0
$ 1,583
$0
$ 2,772
$ 176
$ 33
$ (73)
$0
$ 4,491
$ (14,941)
$0
59%
1%
5%
5%
100%
1%
4%
3%
100%
0%
5%
4%
100%
1%
4%
4%
100%
0%
11%
1%
0%
0%
0%
14%
32%
0%
7%
1%
0%
1%
6%
19%
27%
0%
9%
1%
0%
1%
0%
12%
29%
0%
0%
8%
1%
0%
1%
0%
12%
27%
0%
$ 21,150
$ 1,245
$ (9,937)
$ (2,210)
$ (1,019)
$8
$ 33,555
$ 42,792
$ (2,764)
99%
35%
74%
57%
100%
102%
73%
347%
88%
82%
105%
48%
103%
104%
95%
92%
104%
30%
10%
109%
99%
710%
29%
115%
54%
0%
53%
85%
80%
64%
0%
100%
107%
101%
84%
99%
106%
103%
103%
98%
167%
98%
92%
102%
107%
91%
$ (6,705)
$ (5,716)
$ (3,246)
$ (3,115)
$ (18,782)
$0
$0
$ (63)
$ 4,893
$ 630
$ (801)
$ (44)
$ 4,615
$ 25,861
$ 970
$ (512)
$ 398
$ (1,063)
$ (207)
$0
$0
$0
$ 3,896
$ (20,479)
$ (4,825)
$ (1,140)
$ (146)
$ (22,694)
$ (25,908)
$ 1,643
$ (430)
$ 21,804
$ (812)
$ 22,205
$0
$0
$0
$ 754
$ (817)
$ (1,026)
$ 1,221
$ 7,918
$ 8,050
$ 19,805
$ (23,297)
$ (270)
$ (13,793)
$ (1,552)
106%
58%
98%
114%
101%
89%
69%
85%
89%
85%
102%
97%
102%
96%
100%
103%
98%
97%
121%
14%
2%
5%
7%
28%
10%
2%
3%
5%
20%
0%
1%
24%
8%
-3%
1%
3%
33%
100%
12%
3%
4%
5%
25%
0%
0%
1%
25%
7%
-3%
1%
3%
34%
100%
11%
3%
4%
5%
23%
0%
0%
1%
23%
11%
-2%
1%
3%
37%
100%
100%
100%
113%
96%
82%
100%
103%
105%
100%
103%
65%
137%
79%
99%
89%
95%
100%
101%
99%
109%
129%
181%
104%
104%
0%
2%
31%
-5%
-4%
1%
2%
26%
100%
$ (778)
0%
99%
97%
0%
0%
6%
6%
$ (1,724)
0%
90%
90%
0%
0%
3%
4%
100%
95%
-46%
99%
78%
51%
58%
73%
sis
Trend Analysis
2018
1%
2022
19%
2021
197%
2020
80%
2019
233%
2018
100%
5%
0%
0%
3%
10%
93%
94%
92%
0%
19%
61%
89%
86%
885%
592%
328%
112%
110%
95%
80%
104%
106%
100%
100%
100%
100%
100%
1%
25%
28%
18%
105%
73%
109%
0%
96%
69%
121%
119%
98%
92%
96%
161%
99%
100%
102%
100%
100%
100%
100%
0%
79%
100%
100%
59%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
19%
5%
99%
35%
74%
1%
0%
5%
100%
57%
100%
102%
73%
347%
88%
82%
105%
48%
103%
104%
95%
92%
104%
30%
10%
109%
99%
710%
29%
115%
80%
64%
0%
100%
107%
101%
84%
99%
106%
103%
103%
98%
167%
98%
92%
102%
107%
91%
0%
8%
1%
0%
1%
0%
12%
31%
0%
54%
0%
53%
85%
11%
4%
0%
6%
20%
0%
0%
1%
24%
11%
-2%
1%
2%
36%
100%
106%
58%
98%
114%
101%
89%
69%
85%
89%
85%
102%
97%
102%
96%
100%
103%
98%
97%
121%
100%
100%
100%
100%
100%
100%
95%
-46%
99%
78%
51%
58%
73%
100%
100%
113%
96%
82%
100%
103%
105%
100%
103%
65%
137%
79%
99%
89%
95%
100%
101%
99%
109%
129%
181%
104%
104%
100%
100%
100%
100%
100%
100%
100%
100%
6%
0%
99%
97%
100%
4%
0%
90%
90%
100%