AT&T Inc. Dollars in millions except per share amounts Consolidated Balance Sheets December 31, 2019 2018 Assets Current Assets Cash and cash equivalents S 12,130 $ 5,204 Accounts receivable - net of allowances for doubtful accounts of $1.235 and $907 22,636 26,472 Prepaid expenses 1,631 2.047 Other current assets 18,364 7.704 Total current assets 54,761 1,427 Noncurrent inventories and theatrical film and television production costs 12,434 7,713 Property, Plant and Equipment - Net 130,128 131,473 Goodwill 146,241 146,370 Licenses - Net 97,907 96,144 Trademarks and Trade Names - Net 23,567 24,345 Distribution Networks - Net 15,345 17,069 Other Intangible Assets - Net 20,798 26,269 Investments in and Advances to Equity Affiliates 3,695 6,245 Operating lease right-of-use assets 24,039 Other Assets 22,754 24,809 Total Assets S 551,669 $ 531,864 Liabilities and Stockholders' Equity Current Liabilities Debt maturing within one year S 11,838 $ 10,255 Accounts payable and accrued liabilities 45,956 43,184 Advanced billings and customer deposits 6,124 5,948 Accrued taxes 1,212 1,179 Dividends payable 3,781 3,854 Total current liabilities 68,91 64,420 Long-Term Debt 151,309 166,250 Deferred Credits and Other Noncurrent Liabilities Deferred income taxes 59,502 57,859 Postemployment benefit obligation 18,788 19,218 Operating lease liabilities 21,804 Other noncurrent liabilities 29,421 30,233 Total deferred credits and other noncurrent liabilities 129,515 107,310 Stockholders' Equity Preferred stock ($1 par value, 5% cumulative, 10,000,000 authorized, 48,000 shares issued and outstanding at December 31, 2019 and 0 issued and outstanding at December 31, 2018) Common stock ($1 par value, 14,000,000,000 authorized at December 31, 2019 and December 31, 2018: issued 7,620,748,598 at December 31, 2019 and at December 31, 2018) 7,621 7.621 Additional paid-in capital 126,279 125,525 Retained earnings 57,936 58,753 Treasury stock (366,193,458 at December 31, 2019 and 339,120,073 at December 31, 2018, at cost) (13,085) (12,059) Accumulated other comprehensive income 5,470 4,249 Noncontrolling interest 17,713 9.795 Total stockholders' equity 201,934 193,884 Total Liabilities and Stockholders' Equity S 551,669 $ 531,864 The accompanying notes are an integral part of the consolidated financial statements