AT&T (T) 8-K Other Events

AT&T Inc.
Consolidated Statements of Income - As Adjusted
For the Quarters and Nine Months Ended September 30, 2010
Dollars in millions except per share amounts
Unaudited
	For the Quarter Ended										For the Nine
		Mar 31,			Jun 30,			Sep 30,			Months Ended
Operating Revenues
Wireless service		$	12,850		$	13,186		$	13,675		$	39,711
Voice			7,479			7,219			6,973			21,671
Data			6,631			6,848			6,928			20,407
Directory			1,041			1,007			961			3,009
Other			2,529			2,548			3,044			8,121
Total Operating Revenues			30,530			30,808			31,581			92,919
Operating Expenses
Cost of services and sales (exclusive of depreciation       and amortization shown separately below)			12,369			12,420			13,577			38,366
Selling, general and administrative			7,410			7,486			7,700			22,596
Depreciation and amortization			4,780			4,819			4,873			14,472
Total Operating Expenses			24,559			24,725			26,150			75,434
Operating Income			5,971			6,083			5,431			17,485
Interest Expense			765			754			729			2,248
Equity in Net Income of Affiliates			217			195			217			629
Other Income (Expense) - Net			(22	)		723			124			825
Income from Continuing Operations Before Income Taxes			5,401			6,247			5,043			16,691
Income Tax (Benefit) Expense			2,863			2,160			(6,573	)		(1,550	)
Net Income from Continuing Operations			2,538			4,087			11,616			18,241
Income (Loss) from Discontinued Operations, net of tax			2			(5	)		780			777
Net Income			2,540			4,082			12,396			19,018
Less: Net Income Attributable to Noncontrolling Interest			(87	)		(79	)		(77	)		(243	)
Net Income Attributable to AT&T		$	2,453		$	4,003		$	12,319		$	18,775
Basic Earnings Per Share Attributable to AT&T		$	0.42		$	0.68		$	2.08		$	3.18
Diluted Earnings Per Share Attributable to AT&T		$	0.41		$	0.67		$	2.07		$	3.16

AT&T Inc.
Consolidated Statements of Income - As Adjusted
For the Quarters and Year Ended 2009
Dollars in millions except per share amounts
Unaudited
	For the Quarter Ended													For the Year
		Mar 31,			Jun 30,			Sep 30,			Dec 31,			Ended
Operating Revenues
Wireless service		$	11,646		$	11,960		$	12,372		$	12,585		$	48,563
Voice			8,503			8,255			7,943			7,623			32,324
Data			6,282			6,323			6,448			6,508			25,561
Directory			1,249			1,211			1,162			1,102			4,724
Other			2,777			2,865			2,809			2,890			11,341
Total Operating Revenues			30,457			30,614			30,734			30,708			122,513
Operating Expenses
Cost of services and sales (exclusive of depreciation       and amortization shown separately below)			12,177			12,536			12,885			12,973			50,571
Selling, general and administrative			7,760			7,784			7,678			8,205			31,427
Depreciation and amortization			4,836			4,853			4,860			4,966			19,515
Total Operating Expenses			24,773			25,173			25,423			26,144			101,513
Operating Income			5,684			5,441			5,311			4,564			21,000
Interest Expense			846			876			851			795			3,368
Equity in Net Income of Affiliates			137			231			181			185			734
Other Income (Expense) - Net			(15	)		31			29			107			152
Income from Continuing Operations Before Income Taxes			4,960			4,827			4,670			4,061			18,518
Income Tax Expense			1,790			1,590			1,440			1,271			6,091
Net Income from Continuing Operations			3,170			3,237			3,230			2,790			12,427
Income (Loss) from Discontinued Operations, net of tax			(3	)		2			7			14			20
Net Income			3,167			3,239			3,237			2,804			12,447
Less: Net Income Attributable to Noncontrolling Interest			(76	)		(77	)		(82	)		(74	)		(309	)
Net Income Attributable to AT&T		$	3,091		$	3,162		$	3,155		$	2,730		$	12,138
Basic Earnings Per Share Attributable to AT&T		$	0.52		$	0.54		$	0.53		$	0.46		$	2.06
Diluted Earnings Per Share Attributable to AT&T		$	0.52		$	0.53		$	0.53		$	0.46		$	2.05

AT&T Inc.
Consolidated Statements of Income - As Adjusted
For the Quarters and Year Ended 2008
Dollars in millions except per share amounts
Unaudited
	For the Quarter Ended													For the Year
		Mar 31,			Jun 30,			Sep 30,			Dec 31,			Ended
Operating Revenues
Wireless service		$	10,605		$	10,894		$	11,227		$	11,523		$	44,249
Voice			9,690			9,519			9,317			8,796			37,322
Data			5,983			6,066			6,148			6,219			24,416
Directory			1,398			1,383			1,333			1,302			5,416
Other			2,927			2,851			3,177			3,085			12,040
Total Operating Revenues			30,603			30,713			31,202			30,925			123,443
Operating Expenses
Cost of services and sales (exclusive of depreciation       and amortization shown separately below)			12,170			12,073			13,210			19,235			56,688
Selling, general and administrative			7,496			7,063			7,345			26,868			48,772
Depreciation and amortization			4,850			4,906			4,925			4,992			19,673
Total Operating Expenses			24,516			24,042			25,480			51,095			125,133
Operating Income (Loss)			6,087			6,671			5,722			(20,170	)		(1,690	)
Interest Expense			858			849			853			809			3,369
Equity in Net Income of Affiliates			243			212			257			107			819
Other Income (Expense) - Net			91			27			(24	)		(426	)		(332	)
Income (Loss) from Continuing Operations    Before Income Taxes			5,563			6,061			5,102			(21,298	)		(4,572	)
Income Tax (Benefit) Expense			1,972			2,149			1,746			(8,077	)		(2,210	)
Net Income (Loss) from Continuing Operations			3,591			3,912			3,356			(13,221	)		(2,362	)
Income (Loss) from Discontinued Operations, net of tax			(9	)		(6	)		(2	)		15			(2	)
Net Income (Loss)			3,582			3,906			3,354			(13,206	)		(2,364	)
Less: Net Income Attributable to Noncontrolling Interest			(58	)		(71	)		(59	)		(73	)		(261	)
Net Income (Loss) Attributable to AT&T		$	3,524		$	3,835		$	3,295		$	(13,279	)	$	(2,625	)
Basic Earnings Per Share Attributable to AT&T		$	0.59		$	0.65		$	0.56		$	(2.25	)	$	(0.44	)
Diluted Earnings Per Share Attributable to AT&T		$	0.58		$	0.64		$	0.56		$	(2.25	)	$	(0.44	)