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Item 3 — Quantitative and Qualitative Disclosures About Market Risk
AT&T Inc. · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026
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At June 30, 2026, we had no interest rate swaps.
We have fixed-to-fixed and floating-to-fixed cross-currency swaps on foreign currency-denominated debt instruments with a U.S. dollar notional value of $36,037 to hedge our exposure to changes in foreign currency exchange rates and interest rates. These derivatives have been designated as fair value or cash flow hedges with a net fair value of $(1,827) at June 30, 2026.