AT&T INC. 10-K form for the fiscal year ended 2023-12-31, page 43: 
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA


|    |                                                                                           |         |        |      |         |      |         |         |    |         |
|---:|:------------------------------------------------------------------------------------------|:--------|:-------|:-----|:--------|:-----|:--------|:--------|:---|:--------|
|  1 | Consolidated Statements of Income                                                         |         |        |      |         |      |         |         |    |         |
|  2 |                                                                                           | 2023    |        | 2022 |         | 2021 |         |         |    |         |
|  3 | Operating Revenues                                                                        |         |        |      |         |      |         |         |    |         |
|  4 | Service                                                                                   | $       | 99,649 |      |         | $    | 97,831  |         | $  | 111,565 |
|  5 | Equipment                                                                                 | 22,779  |        |      | 22,910  |      |         | 22,473  |    |         |
|  6 | Total operating revenues                                                                  | 122,428 |        |      | 120,741 |      |         | 134,038 |    |         |
|  8 | Operating Expenses                                                                        |         |        |      |         |      |         |         |    |         |
|  9 | Cost of revenues                                                                          |         |        |      |         |      |         |         |    |         |
| 10 | Equipment                                                                                 | 23,136  |        |      | 24,009  |      |         | 23,685  |    |         |
| 11 | Broadcast, programming and operations                                                     | -       |        |      | -       |      |         | 8,106   |    |         |
| 12 | Other cost of revenues (exclusive of depreciationand amortization shown separately below) | 26,987  |        |      | 26,839  |      |         | 28,616  |    |         |
| 13 | Selling, general and administrative                                                       | 28,874  |        |      | 28,961  |      |         | 29,669  |    |         |
| 14 | Asset impairments and abandonments and restructuring                                      | 1,193   |        |      | 27,498  |      |         | 213     |    |         |
| 15 | Depreciation and amortization                                                             | 18,777  |        |      | 18,021  |      |         | 17,852  |    |         |
| 16 | Total operating expenses                                                                  | 98,967  |        |      | 125,328 |      |         | 108,141 |    |         |
| 17 | Operating Income (Loss)                                                                   | 23,461  |        |      | (4,587) |      |         | 25,897  |    |         |
| 19 | Other Income (Expense)                                                                    |         |        |      |         |      |         |         |    |         |
| 20 | Interest expense                                                                          | (6,704) |        |      | (6,108) |      |         | (6,716) |    |         |
| 21 | Equity in net income of affiliates                                                        | 1,675   |        |      | 1,791   |      |         | 603     |    |         |
| 22 | Other income (expense) – net                                                              | 1,416   |        |      | 5,810   |      |         | 9,387   |    |         |
| 23 | Total other income (expense)                                                              | (3,613) |        |      | 1,493   |      |         | 3,274   |    |         |
| 24 | Income (Loss) from Continuing Operations Before Income Taxes                              | 19,848  |        |      | (3,094) |      |         | 29,171  |    |         |
| 25 | Income tax expense on continuing operations                                               | 4,225   |        |      | 3,780   |      |         | 5,395   |    |         |
| 26 | Income (Loss) from Continuing Operations                                                  | 15,623  |        |      | (6,874) |      |         | 23,776  |    |         |
| 27 | Loss from discontinued operations, net of tax                                             | -       |        |      | (181)   |      |         | (2,297) |    |         |
| 28 | Net Income (Loss)                                                                         | 15,623  |        |      | (7,055) |      |         | 21,479  |    |         |
| 29 | Less: Net Income Attributable to Noncontrolling Interest                                  | (1,223) |        |      | (1,469) |      |         | (1,398) |    |         |
| 30 | Net Income (Loss) Attributable to AT&T                                                    | $       | 14,400 |      |         | $    | (8,524) |         | $  | 20,081  |
| 31 | Less: Preferred Stock Dividends                                                           | (208)   |        |      | (203)   |      |         | (207)   |    |         |
| 32 | Net Income (Loss) Attributable to Common Stock                                            | $       | 14,192 |      |         | $    | (8,727) |         | $  | 19,874  |
| 33 | Basic Earnings (Loss) Per Share from continuing operations                                | $       | 1.97   |      |         | $    | (1.10)  |         | $  | 3.07    |
| 34 | Basic Loss Per Share from discontinued operations                                         | $       | -      |      |         | $    | (0.03)  |         | $  | (0.30)  |
| 35 | Basic Earnings (Loss) Per Share Attributable to Common Stock                              | $       | 1.97   |      |         | $    | (1.13)  |         | $  | 2.77    |
| 36 | Diluted Earnings (Loss) Per Share from continuing operations                              | $       | 1.97   |      |         | $    | (1.10)  |         | $  | 3.02    |
| 37 | Diluted Loss Per Share from discontinued operations                                       | $       | -      |      |         | $    | (0.03)  |         | $  | (0.29)  |
| 38 | Diluted Earnings (Loss) Per Share Attributable to Common Stock                            | $       | 1.97   |      |         | $    | (1.13)  |         | $  | 2.73    |

The accompanying notes are an integral part of the consolidated financial statements.
43




, Frontier Communications Parent, Inc. 10-K form for the fiscal year ended 2023-12-31, page 6: 
FRONTIER COMMUNICATIONS PARENT, INC., AND SUBSIDIARIES


CONSOLIDATED BALANCE SHEETS


AS OF DECEMBER 31, 2023 AND 2022

($ in millions and shares in thousands, except for per-share amounts)







|    |                                                                       |      |        |      |    |        |
|---:|:----------------------------------------------------------------------|:-----|:-------|:-----|:---|:-------|
|  1 |                                                                       | 2023 |        | 2022 |    |        |
|  2 | ASSETS                                                                |      |        |      |    |        |
|  3 | Current assets:                                                       |      |        |      |    |        |
|  4 | Cash and cash equivalents                                             | $    | 1,125  |      | $  | 322    |
|  5 | Short-term investments                                                |      | 1,075  |      |    | 1,750  |
|  6 | Accounts receivable, less allowances of $53 and $47, respectively     |      | 446    |      |    | 438    |
|  7 | Prepaid expenses                                                      |      | 67     |      |    | 57     |
|  8 | Income taxes and other current assets                                 |      | 68     |      |    | 30     |
|  9 | Total current assets                                                  |      | 2,781  |      |    | 2,597  |
| 11 | Property, plant and equipment, net                                    |      | 13,933 |      |    | 11,850 |
| 12 | Intangibles, net                                                      |      | 3,585  |      |    | 3,906  |
| 13 | Other assets                                                          |      | 394    |      |    | 271    |
| 14 | Total assets                                                          | $    | 20,693 |      | $  | 18,624 |
| 16 | LIABILITIES AND EQUITY                                                |      |        |      |    |        |
| 17 | Current liabilities:                                                  |      |        |      |    |        |
| 18 | Long-term debt due within one year                                    | $    | 15     |      | $  | 15     |
| 19 | Accounts payable and accrued liabilities                              |      | 1,103  |      |    | 1,410  |
| 20 | Advanced billings                                                     |      | 182    |      |    | 194    |
| 21 | Accrued other taxes                                                   |      | 118    |      |    | 137    |
| 22 | Accrued interest                                                      |      | 126    |      |    | 104    |
| 23 | Pension and other postretirement benefits                             |      |        |      |    |        |
| 24 | Other current liabilities                                             |      | 693    |      |    | 396    |
| 25 | Total current liabilities                                             |      | 2,275  |      |    | 2,295  |
| 27 | Deferred income taxes                                                 |      | 643    |      |    | 558    |
| 28 | Pension and other postretirement benefits                             |      | 697    |      |    | 1,044  |
| 29 | Other liabilities                                                     |      | 553    |      |    | 483    |
| 30 | Long-term debt                                                        |      | 11,246 |      |    | 9,110  |
| 31 | Total liabilities                                                     |      | 15,414 |      |    | 13,490 |
| 33 | Equity:                                                               |      |        |      |    |        |
| 34 | Common stock, $0.01 par value per share (1,750,000 authorized shares, |      |        |      |    |        |
| 35 | 245,813 and 245,021 issued and outstanding at December 31, 2023       |      |        |      |    |        |
| 36 | and 2022, respectively)                                               |      | 2      |      |    | 2      |
| 37 | Additional paid-in capital                                            |      | 4,297  |      |    | 4,198  |
| 38 | Retained earnings                                                     |      | 884    |      |    | 855    |
| 39 | Accumulated other comprehensive income, net of tax                    |      | 96     |      |    | 79     |
| 40 | Total equity                                                          |      | 5,279  |      |    | 5,134  |
| 41 | Total liabilities and equity                                          | $    | 20,693 |      | $  | 18,624 |


The accompanying Notes are an integral part of these Consolidated Financial Statements.

‎

F-6






Question: What is the year-over-year variation in cash and cash equivalents for AT&T Inc. and Frontier Communications from 2022 to 2023?
Answer: At the end of 2023, AT&T reported cash and cash equivalents of $6,722 million, an 81.6% increase from $3,701 million in 2022. Frontier Communications' cash and cash equivalents also grew significantly, rising by 249.7% to $1,125 million in 2023 from $322 million in 2022.