Verizon Communications Inc
NYSE : VZFinancials
Balance sheet · full history
USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
| Reported line item | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,594 | 22,171 | 2,921 | 2,605 | 2,065 | 4,194 | 19,048 |
| Accounts receivable | 26,162 | 25,169 | 24,742 | 25,332 | 26,102 | 27,261 | 28,347 |
| Less Allowance for credit losses | 0 | 1,252 | 896 | 826 | 1,017 | 1,152 | 1,250 |
| Accounts receivable, net | 25,429 | 23,917 | 23,846 | 24,506 | 25,085 | 26,109 | 27,097 |
| Less Allowance for doubtful accountsno longer reported | 733 | 0 | |||||
| Inventories | 1,422 | 1,796 | 3,055 | 2,388 | 2,057 | 2,247 | 2,441 |
| Prepaid expenses and other | 8,028 | 6,710 | 6,906 | 8,358 | 7,607 | 7,973 | 8,336 |
| Total current assets | 37,473 | 54,594 | 36,728 | 37,857 | 36,814 | 40,523 | 56,922 |
| Property, plant and equipment | 265,734 | 279,737 | 289,897 | 307,689 | 320,108 | 331,406 | 337,991 |
| Less Accumulated depreciation | 173,819 | 184,904 | 190,201 | 200,255 | 211,798 | 222,884 | 228,524 |
| Property, plant and equipment, net | 91,915 | 94,833 | 99,696 | 107,434 | 108,310 | 108,522 | 109,467 |
| Investments in unconsolidated businesses | 558 | 589 | 1,061 | 1,071 | 953 | 842 | 785 |
| Wireless licenses | 95,059 | 96,097 | 147,619 | 149,796 | 155,667 | 156,613 | 157,039 |
| Goodwill | 24,389 | 24,773 | 28,603 | 28,671 | 22,843 | 22,841 | 22,841 |
| Deposits for wireless licensesno longer reported | 2,772 | 0 | |||||
| Other intangible assets, net | 9,498 | 9,413 | 11,677 | 11,461 | 11,057 | 11,129 | 10,458 |
| Operating lease right-of-use assets | 22,694 | 22,531 | 27,883 | 26,130 | 24,726 | 24,472 | 23,498 |
| Other assets | 10,141 | 10,879R | 13,329 | 17,260 | 19,885 | 19,769 | 23,248 |
| Total assets | 291,727 | 316,481 | 366,596 | 379,680 | 380,255 | 384,711 | 404,258 |
| Debt maturing within one year | 10,777 | 5,889 | 7,443 | 9,963 | 12,973 | 22,633 | 18,618 |
| Accounts payable and accrued liabilities | 21,806 | 20,658 | 24,833 | 23,977 | 23,453 | 23,374 | 24,981 |
| Current operating lease liabilities | 3,261 | 3,485 | 3,859 | 4,134 | 4,266 | 4,415 | 4,542 |
| Other current liabilities | 9,024 | 9,628 | 11,025 | 12,097 | 12,531 | 14,349 | 14,229 |
| Total current liabilities | 44,868 | 39,660 | 47,160 | 50,171 | 53,223 | 64,771 | 62,370 |
| Long-term debt | 100,712 | 123,173 | 143,425 | 140,676 | 137,701 | 121,381 | 139,532 |
| Employee benefit obligations | 17,952 | 18,657 | 15,410 | 12,974 | 13,189 | 11,997 | 11,099 |
| Deferred income taxes | 34,703 | 35,711 | 40,685 | 43,441 | 45,781 | 46,732 | 48,717 |
| Non-current operating lease liabilities | 18,393 | 18,000 | 23,203 | 21,558 | 20,002 | 19,928 | 18,951 |
| Other liabilities | 12,264 | 12,008 | 13,513 | 18,397 | 16,560 | 19,327 | 17,848 |
| Total long-term liabilities | 184,024 | 207,549 | 236,236 | 237,046 | 233,233 | 219,365 | 236,147 |
| Commitments and Contingencies | — | — | — | — | — | — | — |
| Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period) | 429 | 429 | 429 | 429 | 429 | 429 | 429 |
| Additional paid in capital | 13,419 | 13,404 | 13,861 | 13,420 | 13,631 | 13,466 | 13,372 |
| Retained earnings | 53,147 | 60,464 | 71,993 | 82,380 | 82,915 | 89,110 | 94,744 |
| Accumulated other comprehensive loss | 998 | (71) | (927) | (1,865) | (1,380) | (923) | (1,727) |
| Common stock in treasury, at cost (74,258,296 and 81,753,488 shares outstanding) | (4,104) | (4,013) | (3,821) | (3,583) | (3,255) | ||
| Common stock in treasury, at cost (93,634,725 and 153,304,088 shares outstanding)no longer reported | (6,820) | (6,719) | (4,104) | ||||
| Deferred compensation employee stock ownership plans (ESOPs) and other | 222 | 335 | 538 | 793 | 656 | 738 | 897 |
| Noncontrolling interests | 1,440 | 1,430 | 1,410 | 1,319 | 1,369 | 1,338 | 1,281 |
| Total equity | 62,835 | 69,272 | 83,200 | 92,463 | 93,799 | 100,575 | 105,741 |
| Total liabilities and equity | 291,727 | 316,481 | 366,596 | 379,680 | 380,255 | 384,711 | 404,258 |
History starts FY2019, the period ended Dec 31, 2019 — the earliest period our structured-data source covers, not the company’s first year.
42 reported lines · 7 periods · values taken from the latest filing that prints each period.
- R1 restated by the filer — hover for the figure as first reported.
- italic3 from an earlier filing than the rest of the column.
- no longer reported3 lines the filer stopped printing.
- — the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.
271 of 271 values link to the exact element in the filer’s own document.
Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.
Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.