A Dark Vector Cognition product

Item 16. FORM 10-K SUMMARY

5K characters. Original on sec.gov ·

Item 16. FORM 10-K SUMMARY

None.

AT&T Inc.
Dollars in millions except per share amounts

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

Allowance for Credit Losses

COL. ACOL. BCOL. CCOL. DCOL. E
Additions
(1)(2)(3)
Balance at Beginning of PeriodCharged to Costs and Expenses (a)Charged to Other Accounts (b)AcquisitionsDeductions (c)Balance at End of Period (d)
Year 2022$1,163$1,865$—$—$2,017$1,011
Year 2021$1,457$1,241$—$—$1,535$1,163
Year 2020$1,150$1,798$405$—$1,896$1,457

(a)Includes amounts previously written off which were credited directly to this account when recovered.

Excludes direct charges and credits to expense for nontrade receivables in the consolidated statements of income.

Includes the impact to operating expenses, for the year ended December 31, 2020, after adoption of ASC 326.

(b)Opening adjustments upon adoption of ASC 326, with modified retrospective application, as of January 1, 2020 (see Note 1).

(c)Amounts written off as uncollectible, or related to divested entities.

(d)Includes balances applicable to trade receivables, loans, contract assets and other assets subject to credit loss measurement (see Note 1).

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

Allowance for Deferred Tax Assets

COL. ACOL. BCOL. CCOL. DCOL. E
Additions
(1)(2)(3)
Balance at Beginning of PeriodCharged to Costs and ExpensesCharged to Other AccountsAcquisitionsDeductionsBalance at End of Period
Year 2022$4,343(168)———$4,175
Year 2021$4,557(214)———$4,343
Year 2020$4,715(158)———$4,557

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 14th day of February, 2023.

AT&T INC.

/s/ Pascal Desroches
Pascal Desroches
Senior Executive Vice President
and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.

Principal Executive Officer:

John T. Stankey*

Chief Executive Officer

and President

Principal Financial Officer:

Pascal Desroches

Senior Executive Vice President

and Chief Financial Officer

/s/ Pascal Desroches
Pascal Desroches, as attorney-in-fact
and on his own behalf as Principal
Financial Officer

Principal Accounting Officer:

Debra L. Dial

Senior Vice President, Chief

Accounting Officer and Controller

/s/ Debra L. Dial

February 13, 2023

Directors:
William E. Kennard*Beth E. Mooney*
Scott T. Ford*Matthew K. Rose*
Glenn H. Hutchins*John T. Stankey*
Stephen J. Luczo*Cynthia B. Taylor*
Michael B. McCallister*Luis A. Ubiñas*
* by power of attorney

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