Consolidated Balance Sheets December 31 2019 Assets Current Assets Cash and cash equivalents _ _ $ 122130 $ Accounts receivable - net of allowances for doubtful accounts of 33% and $ 222636 Prepaid expenses E Other current assets 18 64 Total current assets 542761 Noncurrent inventories and theatrical film and television production costs 122434 Property, Plant and Equipment Net 1302128 Goodwill 1462241 Licenses Net 972907 Trademarks and Trade Names Net 232567 Distribution Networks Net 15 45 Other Intangible Assets Net 202798 Investments in and Advances to Equity Afliates E Operating lease rightofuse assets 242039 Other Assets 222754 Total Assets $ 5512669 $ Liabilities and Stockholders' Equity Current Liabilities Debt maturing Within one year $ 112838 $ Accounts payable and accrued liabilities 45956 Advanced billings and customer deposits @ Accrued taxes m Dividends payable E Total current liabilities 682911 LongTerm Debt 15109 Deferred Credits and Other Noncurrent Liabilities Deferred income taxes 592502 Postemployment benet obligation 182788 Operating lease liabilities 212804 Other noncurrent liabilities 292421 Total deferred credits and other noncurrent liabilities 1292515 AT&T Inc. Dollars in millions except per share amounts Consolidated Statements of Income 2019 Operating Revenues Service 1632499 $ Equipment 172694 Total operating revenues 1812193 Operating Expenses Cost of revenues Equipment 182653 Broadcast, programming and operations 312132 Other cost of revenues (exclusive of depreciation and amortization shown separately below) 34 56 Selling, general and administrative 392422 Asset abandonments and impairments Depreciation and amortization 282217 Total operating expenses Operating Income 1532238 27 955 * Other Income (Expense) _ Interest expense 8 422 Equity in net income (loss) of affiliates _ Other income (expense) net 1 071 Total other income (expense) W Income Before Income Taxes 182468 Income tax (benet) expense E Net Income 143975 Less: Net Income Attributable to Noncontrolling Interest 1 072 Net Income Attributable to AT&T 133903 35 Less: Preferred Stock Dividends 3 Net Income Attributable to Common Stock 133900 '5 Basic Earnings Per Share Attributable to Common Stock m $ Diluted Earnings Per Share Attributable to Common Stock 1-89 $