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MICHIGAN BELL TELEPHONE CO

EDGAR

Quarterly report (10-Q) · filed 1999-08-03

25 filing records in this dataset, filed from 1994-03-31 to 1999-08-03. Explore the available filing history and original sources.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

940 million USD

1999-06-30 · USD

Exact inputs and evidence

Revenue: 939900000 USD Source

Operating margin

33.16%

1999-06-30 · %

Exact inputs and evidence

Operating Income: 311700000 USD Source
Revenue: 939900000 USD Source

Operating cash flow

320 million USD

1999-06-30 · USD

Exact inputs and evidence

Operating Cash Flow: 792000000 USD Source
Operating Cash Flow: 472100000 USD Source

Free cash flow

192 million USD

1999-06-30 · USD

Exact inputs and evidence

Operating Cash Flow: 792000000 USD Source
Operating Cash Flow: 472100000 USD Source
Capital Expenditure: 247100000 USD Source
Capital Expenditure: 118900000 USD Source

Cash and cash equivalents: 13.1 million USD 1999-06-30 Source
Exact value

13100000 USD
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

3.55 billion USD

1998-07-01 – 1999-06-30

Exact inputs and evidence

Revenue: 870400000 USD · 1998-07-01 – 1998-09-30 Source
Revenue: 3470700000 USD · 1998-01-01 – 1998-12-31 Source
Revenue: 2616100000 USD · 1998-01-01 – 1998-09-30 Source
Revenue: 888000000 USD · 1999-01-01 – 1999-03-31 Source
Revenue: 939900000 USD · 1999-04-01 – 1999-06-30 Source

Net income

629 million USD

1998-07-01 – 1999-06-30

Exact inputs and evidence

Net income: 137400000 USD · 1998-07-01 – 1998-09-30 Source
Net income: 593500000 USD · 1998-01-01 – 1998-12-31 Source
Net income: 452000000 USD · 1998-01-01 – 1998-09-30 Source
Net income: 161500000 USD · 1999-01-01 – 1999-03-31 Source
Net income: 188600000 USD · 1999-04-01 – 1999-06-30 Source

Operating cash flow

1.31 billion USD

1998-07-01 – 1999-06-30

Exact inputs and evidence

Operating cash flow: 929200000 USD · 1998-01-01 – 1998-09-30 Source
Operating cash flow: 648300000 USD · 1998-01-01 – 1998-06-30 Source
Operating cash flow: 1165500000 USD · 1998-01-01 – 1998-12-31 Source
Operating cash flow: 929200000 USD · 1998-01-01 – 1998-09-30 Source
Operating cash flow: 472100000 USD · 1999-01-01 – 1999-03-31 Source
Operating cash flow: 792000000 USD · 1999-01-01 – 1999-06-30 Source
Operating cash flow: 472100000 USD · 1999-01-01 – 1999-03-31 Source

Capital expenditure

513 million USD

1998-07-01 – 1999-06-30

Exact inputs and evidence

Capital expenditure: 348200000 USD · 1998-01-01 – 1998-09-30 Source
Capital expenditure: 212800000 USD · 1998-01-01 – 1998-06-30 Source
Capital expenditure: 478300000 USD · 1998-01-01 – 1998-12-31 Source
Capital expenditure: 348200000 USD · 1998-01-01 – 1998-09-30 Source
Capital expenditure: 118900000 USD · 1999-01-01 – 1999-03-31 Source
Capital expenditure: 247100000 USD · 1999-01-01 – 1999-06-30 Source
Capital expenditure: 118900000 USD · 1999-01-01 – 1999-03-31 Source

Free cash flow

797 million USD

1998-07-01 – 1999-06-30

Exact inputs and evidence

Operating cash flow: 929200000 USD · 1998-01-01 – 1998-09-30 Source
Operating cash flow: 648300000 USD · 1998-01-01 – 1998-06-30 Source
Operating cash flow: 1165500000 USD · 1998-01-01 – 1998-12-31 Source
Operating cash flow: 929200000 USD · 1998-01-01 – 1998-09-30 Source
Operating cash flow: 472100000 USD · 1999-01-01 – 1999-03-31 Source
Operating cash flow: 792000000 USD · 1999-01-01 – 1999-06-30 Source
Operating cash flow: 472100000 USD · 1999-01-01 – 1999-03-31 Source
Capital expenditure: 348200000 USD · 1998-01-01 – 1998-09-30 Source
Capital expenditure: 212800000 USD · 1998-01-01 – 1998-06-30 Source
Capital expenditure: 478300000 USD · 1998-01-01 – 1998-12-31 Source
Capital expenditure: 348200000 USD · 1998-01-01 – 1998-09-30 Source
Capital expenditure: 118900000 USD · 1999-01-01 – 1999-03-31 Source
Capital expenditure: 247100000 USD · 1999-01-01 – 1999-06-30 Source
Capital expenditure: 118900000 USD · 1999-01-01 – 1999-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 1999-08-03.

Financial data available through: 1998-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 1998-12-31
Operating income: 8 of 11 periods available· newest 1998-12-31
Net income: 8 of 11 periods available· newest 1998-12-31
Operating cash flow: 8 of 11 periods available· newest 1998-12-31
Capital expenditure: 8 of 11 periods available· newest 1998-12-31
Total assets: 7 of 11 periods available· newest 1998-12-31
liabilities: No compatible figures in this window
Current assets: 4 of 11 periods available· newest 1997-12-31
current liabilities: No compatible figures in this window
Cash and cash equivalents: 7 of 11 periods available· newest 1998-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+2.5%

Prior period

USD 3.38 billion

1997-01-01 – 1997-12-31
Current period

USD 3.47 billion

1998-01-01 – 1998-12-31

Exact inputs and evidence

3470700000 − 3384800000 = 85900000 USD

3384800000 USD · 1997-01-01 – 1997-12-31
Inspect prior input Prior source
3470700000 USD · 1998-01-01 – 1998-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Year-over-year change in Revenue: 85900000 USD Concept: fundies:Revenue Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 3470700000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1713 Input fundies:Revenue: 3384800000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1713
The citation records this snapshot. The page link may show a newer release later.
Net income
-5.8%

Prior period

USD 629.8 million

1997-01-01 – 1997-12-31
Current period

USD 593.5 million

1998-01-01 – 1998-12-31

Exact inputs and evidence

593500000 − 629800000 = -36300000 USD

629800000 USD · 1997-01-01 – 1997-12-31
Inspect prior input Prior source
593500000 USD · 1998-01-01 – 1998-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Year-over-year change in Net income: -36300000 USD Concept: fundies:NetIncome Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 593500000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1850 Input fundies:NetIncome: 629800000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1850
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+4.3%

Prior period

USD 1.12 billion

1997-01-01 – 1997-12-31
Current period

USD 1.17 billion

1998-01-01 – 1998-12-31

Exact inputs and evidence

1165500000 − 1117700000 = 47800000 USD

1117700000 USD · 1997-01-01 – 1997-12-31
Inspect prior input Prior source
1165500000 USD · 1998-01-01 – 1998-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Year-over-year change in Operating cash flow: 47800000 USD Concept: fundies:OperatingCashFlow Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 1165500000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 Input fundies:OperatingCashFlow: 1117700000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+15.5%

Prior period

USD 414.2 million

1997-01-01 – 1997-12-31
Current period

USD 478.3 million

1998-01-01 – 1998-12-31

Exact inputs and evidence

478300000 − 414200000 = 64100000 USD

414200000 USD · 1997-01-01 – 1997-12-31
Inspect prior input Prior source
478300000 USD · 1998-01-01 – 1998-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Year-over-year change in Capital expenditure: 64100000 USD Concept: fundies:CapitalExpenditure Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 478300000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 Input fundies:CapitalExpenditure: 414200000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

1998 1998-01-01 – 1998-12-31

Revenue USD 3.47 billion 100% of revenue
Operating costs Derived USD 2.46 billion 71% of revenue
Operating income USD 1.01 billion 29% of revenue
Tax, interest and other Derived USD 414.3 million 12% of revenue
Net income USD 593.5 million 17% of revenue

Cash

Operating cash flow USD 1.17 billion 34% of revenue
Capital expenditure USD 478.3 million 14% of revenue
Free cash flow Derived USD 687.2 million 20% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

1991 11%9.4%79%
1992 Net loss: net income was −4.5% of revenue.
1993 12%9%79%
1994 Net loss: net income was −11% of revenue.
1995 17%12%71%
1996 19%12%69%
1997 19%12%69%
1998 17%12%71%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
1991 1991-01-01 – 1991-12-31	2575300000	2043700000 Derived	531600000	241100000 Derived	290500000	205500000 Derived	Source 1991-01-01 – 1991-12-31: 2575300000 USD Inspect Revenue Open source 1991-01-01 – 1991-12-31: 531600000 USD Inspect Operating Income Open source 1991-01-01 – 1991-12-31: 290500000 USD Inspect Net Income Open source 1991-01-01 – 1991-12-31: 743300000 USD Inspect Operating Cash Flow Open source 1991-01-01 – 1991-12-31: 537800000 USD Inspect Capital Expenditure Open source
1992 1992-01-01 – 1992-12-31	2715300000	2139500000 Derived	575800000	698000000 Derived	-122200000	246600000 Derived	Source 1992-01-01 – 1992-12-31: 2715300000 USD Inspect Revenue Open source 1992-01-01 – 1992-12-31: 575800000 USD Inspect Operating Income Open source 1992-01-01 – 1992-12-31: -122200000 USD Inspect Net Income Open source 1992-01-01 – 1992-12-31: 762200000 USD Inspect Operating Cash Flow Open source 1992-01-01 – 1992-12-31: 515600000 USD Inspect Capital Expenditure Open source
1993 1993-01-01 – 1993-12-31	2789500000	2195000000 Derived	594500000	251300000 Derived	343200000	342700000 Derived	Source 1993-01-01 – 1993-12-31: 2789500000 USD Inspect Revenue Open source 1993-01-01 – 1993-12-31: 594500000 USD Inspect Operating Income Open source 1993-01-01 – 1993-12-31: 343200000 USD Inspect Net Income Open source 1993-01-01 – 1993-12-31: 792200000 USD Inspect Operating Cash Flow Open source 1993-01-01 – 1993-12-31: 449500000 USD Inspect Capital Expenditure Open source
1994 1994-01-01 – 1994-12-31	2854700000	2379700000 Derived	475000000	794800000 Derived	-319800000	449400000 Derived	Source 1994-01-01 – 1994-12-31: 2854700000 USD Inspect Revenue Open source 1994-01-01 – 1994-12-31: 475000000 USD Inspect Operating Income Open source 1994-01-01 – 1994-12-31: -319800000 USD Inspect Net Income Open source 1994-01-01 – 1994-12-31: 812600000 USD Inspect Operating Cash Flow Open source 1994-01-01 – 1994-12-31: 363200000 USD Inspect Capital Expenditure Open source
1995 1995-01-01 – 1995-12-31	2964400000	2106900000 Derived	857500000	346100000 Derived	511400000	439500000 Derived	Source 1995-01-01 – 1995-12-31: 2964400000 USD Inspect Revenue Open source 1995-01-01 – 1995-12-31: 857500000 USD Inspect Operating Income Open source 1995-01-01 – 1995-12-31: 511400000 USD Inspect Net Income Open source 1995-01-01 – 1995-12-31: 818700000 USD Inspect Operating Cash Flow Open source 1995-01-01 – 1995-12-31: 379200000 USD Inspect Capital Expenditure Open source
1996 1996-01-01 – 1996-12-31	3238300000	2244500000 Derived	993800000	391700000 Derived	602100000	545500000 Derived	Source 1996-01-01 – 1996-12-31: 3238300000 USD Inspect Revenue Open source 1996-01-01 – 1996-12-31: 993800000 USD Inspect Operating Income Open source 1996-01-01 – 1996-12-31: 602100000 USD Inspect Net Income Open source 1996-01-01 – 1996-12-31: 978800000 USD Inspect Operating Cash Flow Open source 1996-01-01 – 1996-12-31: 433300000 USD Inspect Capital Expenditure Open source
1997 1997-01-01 – 1997-12-31	3384800000	2349800000 Derived	1035000000	405200000 Derived	629800000	703500000 Derived	Source 1997-01-01 – 1997-12-31: 3384800000 USD Inspect Revenue Open source 1997-01-01 – 1997-12-31: 1035000000 USD Inspect Operating Income Open source 1997-01-01 – 1997-12-31: 629800000 USD Inspect Net Income Open source 1997-01-01 – 1997-12-31: 1117700000 USD Inspect Operating Cash Flow Open source 1997-01-01 – 1997-12-31: 414200000 USD Inspect Capital Expenditure Open source
1998 1998-01-01 – 1998-12-31	3470700000	2462900000 Derived	1007800000	414300000 Derived	593500000	687200000 Derived	Source 1998-01-01 – 1998-12-31: 3470700000 USD Inspect Revenue Open source 1998-01-01 – 1998-12-31: 1007800000 USD Inspect Operating Income Open source 1998-01-01 – 1998-12-31: 593500000 USD Inspect Net Income Open source 1998-01-01 – 1998-12-31: 1165500000 USD Inspect Operating Cash Flow Open source 1998-01-01 – 1998-12-31: 478300000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 3.5B 1998

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
19911991-12-31	Revenue	2575300000	Revenue: 2575300000 Open source
19921992-12-31	Revenue	2715300000	Revenue: 2715300000 Open source
19931993-12-31	Revenue	2789500000	Revenue: 2789500000 Open source
19941994-12-31	Revenue	2854700000	Revenue: 2854700000 Open source
19951995-12-31	Revenue	2964400000	Revenue: 2964400000 Open source
19961996-12-31	Revenue	3238300000	Revenue: 3238300000 Open source
19971997-12-31	Revenue	3384800000	Revenue: 3384800000 Open source
19981998-12-31	Revenue	3470700000	Revenue: 3470700000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

2.5% 1998

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
19911991-12-31	Year over year	No prior comparable period	Revenue: 2575300000 Open source
19921992-12-31	Year over year	5.4%	Revenue: 2715300000 Open source Revenue: 2575300000 Open source
19931993-12-31	Year over year	2.7%	Revenue: 2789500000 Open source Revenue: 2715300000 Open source
19941994-12-31	Year over year	2.3%	Revenue: 2854700000 Open source Revenue: 2789500000 Open source
19951995-12-31	Year over year	3.8%	Revenue: 2964400000 Open source Revenue: 2854700000 Open source
19961996-12-31	Year over year	9.2%	Revenue: 3238300000 Open source Revenue: 2964400000 Open source
19971997-12-31	Year over year	4.5%	Revenue: 3384800000 Open source Revenue: 3238300000 Open source
19981998-12-31	Year over year	2.5%	Revenue: 3470700000 Open source Revenue: 3384800000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 29% 1998

Net margin 17.1% 1998

Free cash flow margin 19.8% 1998

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
19911991-12-31	Operating margin	20.6%	Operating Income: 531600000 Open source Revenue: 2575300000 Open source
19921992-12-31	Operating margin	21.2%	Operating Income: 575800000 Open source Revenue: 2715300000 Open source
19931993-12-31	Operating margin	21.3%	Operating Income: 594500000 Open source Revenue: 2789500000 Open source
19941994-12-31	Operating margin	16.6%	Operating Income: 475000000 Open source Revenue: 2854700000 Open source
19951995-12-31	Operating margin	28.9%	Operating Income: 857500000 Open source Revenue: 2964400000 Open source
19961996-12-31	Operating margin	30.7%	Operating Income: 993800000 Open source Revenue: 3238300000 Open source
19971997-12-31	Operating margin	30.6%	Operating Income: 1035000000 Open source Revenue: 3384800000 Open source
19981998-12-31	Operating margin	29%	Operating Income: 1007800000 Open source Revenue: 3470700000 Open source
19911991-12-31	Net margin	11.3%	Net Income: 290500000 Open source Revenue: 2575300000 Open source
19921992-12-31	Net margin	-4.5%	Net Income: -122200000 Open source Revenue: 2715300000 Open source
19931993-12-31	Net margin	12.3%	Net Income: 343200000 Open source Revenue: 2789500000 Open source
19941994-12-31	Net margin	-11.2%	Net Income: -319800000 Open source Revenue: 2854700000 Open source
19951995-12-31	Net margin	17.3%	Net Income: 511400000 Open source Revenue: 2964400000 Open source
19961996-12-31	Net margin	18.6%	Net Income: 602100000 Open source Revenue: 3238300000 Open source
19971997-12-31	Net margin	18.6%	Net Income: 629800000 Open source Revenue: 3384800000 Open source
19981998-12-31	Net margin	17.1%	Net Income: 593500000 Open source Revenue: 3470700000 Open source
19911991-12-31	Free cash flow margin	8%	Revenue: 2575300000 Open source Operating Cash Flow: 743300000 Open source Capital Expenditure: 537800000 Open source
19921992-12-31	Free cash flow margin	9.1%	Revenue: 2715300000 Open source Operating Cash Flow: 762200000 Open source Capital Expenditure: 515600000 Open source
19931993-12-31	Free cash flow margin	12.3%	Revenue: 2789500000 Open source Operating Cash Flow: 792200000 Open source Capital Expenditure: 449500000 Open source
19941994-12-31	Free cash flow margin	15.7%	Revenue: 2854700000 Open source Operating Cash Flow: 812600000 Open source Capital Expenditure: 363200000 Open source
19951995-12-31	Free cash flow margin	14.8%	Revenue: 2964400000 Open source Operating Cash Flow: 818700000 Open source Capital Expenditure: 379200000 Open source
19961996-12-31	Free cash flow margin	16.8%	Revenue: 3238300000 Open source Operating Cash Flow: 978800000 Open source Capital Expenditure: 433300000 Open source
19971997-12-31	Free cash flow margin	20.8%	Revenue: 3384800000 Open source Operating Cash Flow: 1117700000 Open source Capital Expenditure: 414200000 Open source
19981998-12-31	Free cash flow margin	19.8%	Revenue: 3470700000 Open source Operating Cash Flow: 1165500000 Open source Capital Expenditure: 478300000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 1.2B 1998

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
19911991-12-31	Operating cash flow	743300000	Operating Cash Flow: 743300000 Open source
19921992-12-31	Operating cash flow	762200000	Operating Cash Flow: 762200000 Open source
19931993-12-31	Operating cash flow	792200000	Operating Cash Flow: 792200000 Open source
19941994-12-31	Operating cash flow	812600000	Operating Cash Flow: 812600000 Open source
19951995-12-31	Operating cash flow	818700000	Operating Cash Flow: 818700000 Open source
19961996-12-31	Operating cash flow	978800000	Operating Cash Flow: 978800000 Open source
19971997-12-31	Operating cash flow	1117700000	Operating Cash Flow: 1117700000 Open source
19981998-12-31	Operating cash flow	1165500000	Operating Cash Flow: 1165500000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 687.2M 1998

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
19911991-12-31	Free cash flow	205500000	Operating Cash Flow: 743300000 Open source Capital Expenditure: 537800000 Open source
19921992-12-31	Free cash flow	246600000	Operating Cash Flow: 762200000 Open source Capital Expenditure: 515600000 Open source
19931993-12-31	Free cash flow	342700000	Operating Cash Flow: 792200000 Open source Capital Expenditure: 449500000 Open source
19941994-12-31	Free cash flow	449400000	Operating Cash Flow: 812600000 Open source Capital Expenditure: 363200000 Open source
19951995-12-31	Free cash flow	439500000	Operating Cash Flow: 818700000 Open source Capital Expenditure: 379200000 Open source
19961996-12-31	Free cash flow	545500000	Operating Cash Flow: 978800000 Open source Capital Expenditure: 433300000 Open source
19971997-12-31	Free cash flow	703500000	Operating Cash Flow: 1117700000 Open source Capital Expenditure: 414200000 Open source
19981998-12-31	Free cash flow	687200000	Operating Cash Flow: 1165500000 Open source Capital Expenditure: 478300000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
1991-12-31	Liabilities / assets	Not reported	No source recorded
1992-12-31	Liabilities / assets	Not reported	Total Assets: 5289900000 Open source
1993-12-31	Liabilities / assets	Not reported	Total Assets: 5259200000 Open source
1994-12-31	Liabilities / assets	Not reported	Total Assets: 4033800000 Open source
1995-12-31	Liabilities / assets	Not reported	Total Assets: 4135600000 Open source
1996-12-31	Liabilities / assets	Not reported	Total Assets: 4137800000 Open source
1997-12-31	Liabilities / assets	Not reported	Total Assets: 4072500000 Open source
1998-12-31	Liabilities / assets	Not reported	Total Assets: 4090700000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
1991-12-31	Current assets / current liabilities	Not reported	No source recorded
1992-12-31	Current assets / current liabilities	Not reported	No source recorded
1993-12-31	Current assets / current liabilities	Not reported	No source recorded
19941994-12-31	Current assets / current liabilities	Not reported	Current Assets: 14200000 Open source
19951995-12-31	Current assets / current liabilities	Not reported	Current Assets: 17100000 Open source
19961996-12-31	Current assets / current liabilities	Not reported	Current Assets: 200000 Open source
19971997-12-31	Current assets / current liabilities	Not reported	Current Assets: 12800000 Open source
1998-12-31	Current assets / current liabilities	Not reported	No source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
1991 1991-01-01 – 1991-12-31	USD 290.5 million Exact value Exact value: 290500000 USD 1991-01-01 – 1991-12-31: 290500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1991-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: 290500000 USD Concept: fundies:NetIncome Period: 1991-01-01 to 1991-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1991-12-31&surface=latest&period_type=duration&start=1991-01-01&unit=USD&dimensions= Input fundies:NetIncome: 290500000 USD (1991-01-01 to 1991-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000065622-94-000001.txt#1658 The citation records this snapshot. The page link may show a newer release later.	USD 743.3 million Exact value Exact value: 743300000 USD 1991-01-01 – 1991-12-31: 743300000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1991-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 743300000 USD Concept: fundies:OperatingCashFlow Period: 1991-01-01 to 1991-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1991-12-31&surface=latest&period_type=duration&start=1991-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 743300000 USD (1991-01-01 to 1991-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000065622-94-000001.txt#1677 The citation records this snapshot. The page link may show a newer release later.	USD 537.8 million Exact value Exact value: 537800000 USD 1991-01-01 – 1991-12-31: 537800000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1991-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 537800000 USD Concept: fundies:CapitalExpenditure Period: 1991-01-01 to 1991-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1991-12-31&surface=latest&period_type=duration&start=1991-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 537800000 USD (1991-01-01 to 1991-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000065622-94-000001.txt#1680 The citation records this snapshot. The page link may show a newer release later.	USD 205.5 million Calculation and evidence 743300000 − 537800000 USD Exact free cash flow: 205500000 USD 1991-01-01 – 1991-12-31: 743300000 USD · Inspect Operating Cash Flow · Source 1991-01-01 – 1991-12-31: 537800000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1991-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 205500000 USD Concept: free-cash-flow Period: 1991-01-01 to 1991-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 743300000 USD (1991-01-01 to 1991-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000065622-94-000001.txt#1677 Input fundies:CapitalExpenditure: 537800000 USD (1991-01-01 to 1991-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000065622-94-000001.txt#1680 The citation records this snapshot. The page link may show a newer release later.
1992 1992-01-01 – 1992-12-31	−USD 122.2 million Exact value Exact value: -122200000 USD 1992-01-01 – 1992-12-31: -122200000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1992-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: -122200000 USD Concept: fundies:NetIncome Period: 1992-01-01 to 1992-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1992-12-31&surface=latest&period_type=duration&start=1992-01-01&unit=USD&dimensions= Input fundies:NetIncome: -122200000 USD (1992-01-01 to 1992-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950124-95-000809.txt#1560 The citation records this snapshot. The page link may show a newer release later.	USD 762.2 million Exact value Exact value: 762200000 USD 1992-01-01 – 1992-12-31: 762200000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1992-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 762200000 USD Concept: fundies:OperatingCashFlow Period: 1992-01-01 to 1992-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1992-12-31&surface=latest&period_type=duration&start=1992-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 762200000 USD (1992-01-01 to 1992-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950124-95-000809.txt#1578 The citation records this snapshot. The page link may show a newer release later.	USD 515.6 million Exact value Exact value: 515600000 USD 1992-01-01 – 1992-12-31: 515600000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1992-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 515600000 USD Concept: fundies:CapitalExpenditure Period: 1992-01-01 to 1992-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1992-12-31&surface=latest&period_type=duration&start=1992-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 515600000 USD (1992-01-01 to 1992-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950124-95-000809.txt#1582 The citation records this snapshot. The page link may show a newer release later.	USD 246.6 million Calculation and evidence 762200000 − 515600000 USD Exact free cash flow: 246600000 USD 1992-01-01 – 1992-12-31: 762200000 USD · Inspect Operating Cash Flow · Source 1992-01-01 – 1992-12-31: 515600000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1992-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 246600000 USD Concept: free-cash-flow Period: 1992-01-01 to 1992-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 762200000 USD (1992-01-01 to 1992-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950124-95-000809.txt#1578 Input fundies:CapitalExpenditure: 515600000 USD (1992-01-01 to 1992-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950124-95-000809.txt#1582 The citation records this snapshot. The page link may show a newer release later.
1993 1993-01-01 – 1993-12-31	USD 343.2 million Exact value Exact value: 343200000 USD 1993-01-01 – 1993-12-31: 343200000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1993-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: 343200000 USD Concept: fundies:NetIncome Period: 1993-01-01 to 1993-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1993-12-31&surface=latest&period_type=duration&start=1993-01-01&unit=USD&dimensions= Input fundies:NetIncome: 343200000 USD (1993-01-01 to 1993-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950131-96-001081.txt#1420 The citation records this snapshot. The page link may show a newer release later.	USD 792.2 million Exact value Exact value: 792200000 USD 1993-01-01 – 1993-12-31: 792200000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1993-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 792200000 USD Concept: fundies:OperatingCashFlow Period: 1993-01-01 to 1993-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1993-12-31&surface=latest&period_type=duration&start=1993-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 792200000 USD (1993-01-01 to 1993-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950131-96-001081.txt#1438 The citation records this snapshot. The page link may show a newer release later.	USD 449.5 million Exact value Exact value: 449500000 USD 1993-01-01 – 1993-12-31: 449500000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1993-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 449500000 USD Concept: fundies:CapitalExpenditure Period: 1993-01-01 to 1993-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1993-12-31&surface=latest&period_type=duration&start=1993-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 449500000 USD (1993-01-01 to 1993-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950131-96-001081.txt#1441 The citation records this snapshot. The page link may show a newer release later.	USD 342.7 million Calculation and evidence 792200000 − 449500000 USD Exact free cash flow: 342700000 USD 1993-01-01 – 1993-12-31: 792200000 USD · Inspect Operating Cash Flow · Source 1993-01-01 – 1993-12-31: 449500000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1993-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 342700000 USD Concept: free-cash-flow Period: 1993-01-01 to 1993-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 792200000 USD (1993-01-01 to 1993-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950131-96-001081.txt#1438 Input fundies:CapitalExpenditure: 449500000 USD (1993-01-01 to 1993-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000950131-96-001081.txt#1441 The citation records this snapshot. The page link may show a newer release later.
1994 1994-01-01 – 1994-12-31	−USD 319.8 million Exact value Exact value: -319800000 USD 1994-01-01 – 1994-12-31: -319800000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1994-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: -319800000 USD Concept: fundies:NetIncome Period: 1994-01-01 to 1994-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1994-12-31&surface=latest&period_type=duration&start=1994-01-01&unit=USD&dimensions= Input fundies:NetIncome: -319800000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-97-000012.txt#1476 The citation records this snapshot. The page link may show a newer release later.	USD 812.6 million Exact value Exact value: 812600000 USD 1994-01-01 – 1994-12-31: 812600000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1994-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 812600000 USD Concept: fundies:OperatingCashFlow Period: 1994-01-01 to 1994-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1994-12-31&surface=latest&period_type=duration&start=1994-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 812600000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-97-000012.txt#1497 The citation records this snapshot. The page link may show a newer release later.	USD 363.2 million Exact value Exact value: 363200000 USD 1994-01-01 – 1994-12-31: 363200000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1994-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 363200000 USD Concept: fundies:CapitalExpenditure Period: 1994-01-01 to 1994-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1994-12-31&surface=latest&period_type=duration&start=1994-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 363200000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-97-000012.txt#1501 The citation records this snapshot. The page link may show a newer release later.	USD 449.4 million Calculation and evidence 812600000 − 363200000 USD Exact free cash flow: 449400000 USD 1994-01-01 – 1994-12-31: 812600000 USD · Inspect Operating Cash Flow · Source 1994-01-01 – 1994-12-31: 363200000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1994-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 449400000 USD Concept: free-cash-flow Period: 1994-01-01 to 1994-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 812600000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-97-000012.txt#1497 Input fundies:CapitalExpenditure: 363200000 USD (1994-01-01 to 1994-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-97-000012.txt#1501 The citation records this snapshot. The page link may show a newer release later.
1995 1995-01-01 – 1995-12-31	USD 511.4 million Exact value Exact value: 511400000 USD 1995-01-01 – 1995-12-31: 511400000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1995-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: 511400000 USD Concept: fundies:NetIncome Period: 1995-01-01 to 1995-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1995-12-31&surface=latest&period_type=duration&start=1995-01-01&unit=USD&dimensions= Input fundies:NetIncome: 511400000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-98-000013.txt#1594 The citation records this snapshot. The page link may show a newer release later.	USD 818.7 million Exact value Exact value: 818700000 USD 1995-01-01 – 1995-12-31: 818700000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1995-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 818700000 USD Concept: fundies:OperatingCashFlow Period: 1995-01-01 to 1995-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1995-12-31&surface=latest&period_type=duration&start=1995-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 818700000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-98-000013.txt#1614 The citation records this snapshot. The page link may show a newer release later.	USD 379.2 million Exact value Exact value: 379200000 USD 1995-01-01 – 1995-12-31: 379200000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1995-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 379200000 USD Concept: fundies:CapitalExpenditure Period: 1995-01-01 to 1995-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1995-12-31&surface=latest&period_type=duration&start=1995-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 379200000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-98-000013.txt#1618 The citation records this snapshot. The page link may show a newer release later.	USD 439.5 million Calculation and evidence 818700000 − 379200000 USD Exact free cash flow: 439500000 USD 1995-01-01 – 1995-12-31: 818700000 USD · Inspect Operating Cash Flow · Source 1995-01-01 – 1995-12-31: 379200000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1995-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 439500000 USD Concept: free-cash-flow Period: 1995-01-01 to 1995-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 818700000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-98-000013.txt#1614 Input fundies:CapitalExpenditure: 379200000 USD (1995-01-01 to 1995-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-98-000013.txt#1618 The citation records this snapshot. The page link may show a newer release later.
1996 1996-01-01 – 1996-12-31	USD 602.1 million Exact value Exact value: 602100000 USD 1996-01-01 – 1996-12-31: 602100000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1996-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: 602100000 USD Concept: fundies:NetIncome Period: 1996-01-01 to 1996-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1996-12-31&surface=latest&period_type=duration&start=1996-01-01&unit=USD&dimensions= Input fundies:NetIncome: 602100000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1850 The citation records this snapshot. The page link may show a newer release later.	USD 978.8 million Exact value Exact value: 978800000 USD 1996-01-01 – 1996-12-31: 978800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1996-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 978800000 USD Concept: fundies:OperatingCashFlow Period: 1996-01-01 to 1996-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1996-12-31&surface=latest&period_type=duration&start=1996-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 978800000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 The citation records this snapshot. The page link may show a newer release later.	USD 433.3 million Exact value Exact value: 433300000 USD 1996-01-01 – 1996-12-31: 433300000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1996-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 433300000 USD Concept: fundies:CapitalExpenditure Period: 1996-01-01 to 1996-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1996-12-31&surface=latest&period_type=duration&start=1996-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 433300000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 The citation records this snapshot. The page link may show a newer release later.	USD 545.5 million Calculation and evidence 978800000 − 433300000 USD Exact free cash flow: 545500000 USD 1996-01-01 – 1996-12-31: 978800000 USD · Inspect Operating Cash Flow · Source 1996-01-01 – 1996-12-31: 433300000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1996-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 545500000 USD Concept: free-cash-flow Period: 1996-01-01 to 1996-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 978800000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 Input fundies:CapitalExpenditure: 433300000 USD (1996-01-01 to 1996-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 The citation records this snapshot. The page link may show a newer release later.
1997 1997-01-01 – 1997-12-31	USD 629.8 million Exact value Exact value: 629800000 USD 1997-01-01 – 1997-12-31: 629800000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1997-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: 629800000 USD Concept: fundies:NetIncome Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:NetIncome: 629800000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1850 The citation records this snapshot. The page link may show a newer release later.	USD 1.12 billion Exact value Exact value: 1117700000 USD 1997-01-01 – 1997-12-31: 1117700000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1997-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 1117700000 USD Concept: fundies:OperatingCashFlow Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1117700000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 The citation records this snapshot. The page link may show a newer release later.	USD 414.2 million Exact value Exact value: 414200000 USD 1997-01-01 – 1997-12-31: 414200000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1997-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 414200000 USD Concept: fundies:CapitalExpenditure Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1997-12-31&surface=latest&period_type=duration&start=1997-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 414200000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 The citation records this snapshot. The page link may show a newer release later.	USD 703.5 million Calculation and evidence 1117700000 − 414200000 USD Exact free cash flow: 703500000 USD 1997-01-01 – 1997-12-31: 1117700000 USD · Inspect Operating Cash Flow · Source 1997-01-01 – 1997-12-31: 414200000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1997-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 703500000 USD Concept: free-cash-flow Period: 1997-01-01 to 1997-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1117700000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 Input fundies:CapitalExpenditure: 414200000 USD (1997-01-01 to 1997-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 The citation records this snapshot. The page link may show a newer release later.
1998 1998-01-01 – 1998-12-31	USD 593.5 million Exact value Exact value: 593500000 USD 1998-01-01 – 1998-12-31: 593500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Net Income: 593500000 USD Concept: fundies:NetIncome Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ANetIncome&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:NetIncome: 593500000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1850 The citation records this snapshot. The page link may show a newer release later.	USD 1.17 billion Exact value Exact value: 1165500000 USD 1998-01-01 – 1998-12-31: 1165500000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Operating Cash Flow: 1165500000 USD Concept: fundies:OperatingCashFlow Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3AOperatingCashFlow&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1165500000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 The citation records this snapshot. The page link may show a newer release later.	USD 478.3 million Exact value Exact value: 478300000 USD 1998-01-01 – 1998-12-31: 478300000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Capital Expenditure: 478300000 USD Concept: fundies:CapitalExpenditure Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622/explain?concept=fundies%3ACapitalExpenditure&period=1998-12-31&surface=latest&period_type=duration&start=1998-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 478300000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 The citation records this snapshot. The page link may show a newer release later.	USD 687.2 million Calculation and evidence 1165500000 − 478300000 USD Exact free cash flow: 687200000 USD 1998-01-01 – 1998-12-31: 1165500000 USD · Inspect Operating Cash Flow · Source 1998-01-01 – 1998-12-31: 478300000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · MICHIGAN BELL TELEPHONE CO · 1998-12-31 MICHIGAN BELL TELEPHONE CO (edgar:65622) Free cash flow: 687200000 USD Concept: free-cash-flow Period: 1998-01-01 to 1998-12-31 Values: Latest reported Published: 2026-11-02T13:47:29Z Snapshot: da2dbabee269956dea3c55b9376b247580a3dbaae605a56a2e67853ee4d7df5f Dimensions: Consolidated View: https://fundies.io/companies/edgar/65622?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1165500000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1868 Input fundies:CapitalExpenditure: 478300000 USD (1998-01-01 to 1998-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/65622/0000732715-99-000005.txt#1872 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

25 filings · 0 latest values · 0 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000065622, 65622, edgar:65622

MICHIGAN BELL TELEPHONE CO

Latest quarter

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Operating margin

Operating cash flow

Free cash flow

Trailing twelve months

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Net income

Operating cash flow

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Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

1998 1998-01-01 – 1998-12-31

Cash

Share of revenue by period

Growth

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Balance sheet

Cash generation