How significant are other items impacting AT&T's profits?

Other items have a notable impact on AT&T's profits, as evidenced by the significant figures below:

1. **Tax Items**: A $0.1 billion benefit from tax items contributed to AT&T's fourth-quarter net income increase, highlighting the importance of tax-related factors in shaping their profitability.
2. **Pension-Related Adjustments**: The company has reported a net loss from pension-related adjustments, which, along with other items, impacts its net income. For instance, in the fourth quarter, there was a $(0.01) loss on actuarial remeasurement of pension and postretirement benefit plan assets and obligations.
3. **Noncash Goodwill Impairment**: AT&T has incurred a significant noncash goodwill impairment, with a recorded amount of $4.4 billion in the third quarter, contributing to the increase in operating expenses and, subsequently, impacting net income.

These items, among others, significantly influence AT&T's net income, making it a crucial aspect to consider when analyzing the company's financial performance.