Verizon(NYSE:VZ) 
Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wire...
Website: http://www.verizon.com
Founded: 1984
Full Time Employees: 117,000 (Dec 2022)
Sector: Communication Services
Industry: Telecom Services
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-06-30 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-12-31 | 2002-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating revenues | 31,984,000,000 | 23,840,000,000 | 23,772,000,000 | 23,273,000,000 | 22,584,000,000 | 20,154,000,000 | 23,254,000,000 | 22,678,000,000 | 22,743,000,000 | 19,038,000,000 | 18,569,000,000 | 18,179,000,000 | 18,206,000,000 | 17,838,000,000 | 17,136,000,000 | 17,278,000,000 | 17,155,000,000 | 16,829,000,000 | 16,279,000,000 | 17,214,000,000 | 17,201,000,000 | ||||||||||||||||||||||||||||||||||||||
service revenues and other | 28,759,000,000 | 28,183,000,000 | 28,202,000,000 | 28,249,000,000 | 28,087,000,000 | 28,166,000,000 | 27,987,000,000 | 27,798,000,000 | 27,620,000,000 | 27,658,000,000 | 27,523,000,000 | 27,319,000,000 | 27,152,000,000 | 27,626,000,000 | 27,666,000,000 | 27,115,000,000 | 27,218,000,000 | 26,740,000,000 | 27,565,000,000 | 28,221,000,000 | 27,923,000,000 | 28,268,000,000 | 27,431,000,000 | 26,692,000,000 | 27,481,000,000 | 27,753,000,000 | 27,351,000,000 | 27,197,000,000 | 27,159,000,000 | 27,365,000,000 | 26,250,000,000 | 26,050,000,000 | 26,610,000,000 | 26,813,000,000 | 26,828,000,000 | 28,217,000,000 | 28,866,000,000 | 28,363,000,000 | |||||||||||||||||||||
wireless equipment revenues | 5,681,000,000 | 8,198,000,000 | 5,619,000,000 | 6,255,000,000 | 5,398,000,000 | 7,515,000,000 | 5,343,000,000 | 4,998,000,000 | 5,361,000,000 | 7,472,000,000 | 5,813,000,000 | 5,277,000,000 | 5,760,000,000 | 7,625,000,000 | 6,575,000,000 | 6,674,000,000 | 6,336,000,000 | 7,327,000,000 | 5,350,000,000 | 5,543,000,000 | 4,944,000,000 | 6,424,000,000 | 4,112,000,000 | 3,755,000,000 | 4,129,000,000 | 5,141,000,000 | 4,720,000,000 | 4,931,000,000 | 5,044,000,000 | 4,352,000,000 | 4,298,000,000 | 3,764,000,000 | 5,730,000,000 | 4,124,000,000 | 3,704,000,000 | 3,954,000,000 | 4,292,000,000 | 3,861,000,000 | |||||||||||||||||||||
total operating revenues | 34,440,000,000 | 36,381,000,000 | 33,821,000,000 | 34,504,000,000 | 33,485,000,000 | 35,681,000,000 | 33,330,000,000 | 32,796,000,000 | 32,981,000,000 | 35,130,000,000 | 33,336,000,000 | 32,596,000,000 | 32,912,000,000 | 35,251,000,000 | 34,241,000,000 | 33,789,000,000 | 33,554,000,000 | 34,067,000,000 | 32,915,000,000 | 33,764,000,000 | 32,867,000,000 | 34,692,000,000 | 31,543,000,000 | 30,447,000,000 | 31,610,000,000 | 32,894,000,000 | 32,071,000,000 | 32,128,000,000 | 32,203,000,000 | 31,717,000,000 | 30,548,000,000 | 29,814,000,000 | 32,340,000,000 | 30,937,000,000 | 30,532,000,000 | 32,171,000,000 | 33,158,000,000 | 32,224,000,000 | |||||||||||||||||||||
yoy | 2.85% | 1.96% | 1.47% | 5.21% | 1.53% | 1.57% | -0.02% | 0.61% | 0.21% | -0.34% | -2.64% | -3.53% | -1.91% | 3.48% | 4.03% | 0.07% | 2.09% | -1.80% | 4.35% | 10.89% | 3.98% | 5.47% | -1.65% | -5.23% | -1.84% | 3.71% | 4.99% | 7.76% | -0.42% | 2.52% | 0.05% | -7.33% | -2.47% | -3.99% | |||||||||||||||||||||||||
qoq | -5.34% | 7.57% | -1.98% | 3.04% | -6.15% | 7.05% | 1.63% | -0.56% | -6.12% | 5.38% | 2.27% | -0.96% | -6.64% | 2.95% | 1.34% | 0.70% | -1.51% | 3.50% | -2.51% | 2.73% | -5.26% | 9.98% | 3.60% | -3.68% | -3.90% | 2.57% | -0.18% | -0.23% | 1.53% | 3.83% | 2.46% | -7.81% | 4.54% | 1.33% | -5.09% | -2.98% | 2.90% | ||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of services | 7,167,000,000 | 7,098,000,000 | 6,863,000,000 | 6,878,000,000 | 6,950,000,000 | 6,933,000,000 | 7,193,000,000 | 6,904,000,000 | 6,967,000,000 | 6,952,000,000 | 7,084,000,000 | 6,986,000,000 | 7,078,000,000 | 7,185,000,000 | 7,293,000,000 | 6,932,000,000 | 7,227,000,000 | 7,035,000,000 | 7,855,000,000 | 8,324,000,000 | 8,020,000,000 | 8,053,000,000 | 7,955,000,000 | 7,639,000,000 | 7,754,000,000 | 7,902,000,000 | 7,702,000,000 | 7,792,000,000 | 8,234,000,000 | 7,640,000,000 | 7,075,000,000 | 6,858,000,000 | 7,006,000,000 | 6,989,000,000 | 7,577,000,000 | 7,614,000,000 | 7,589,000,000 | 6,994,000,000 | |||||||||||||||||||||
cost of wireless equipment | 6,506,000,000 | 9,380,000,000 | 6,483,000,000 | 7,007,000,000 | 6,106,000,000 | 8,581,000,000 | 6,047,000,000 | 5,567,000,000 | 5,905,000,000 | 8,230,000,000 | 6,353,000,000 | 5,778,000,000 | 6,426,000,000 | 8,577,000,000 | 7,308,000,000 | 7,488,000,000 | 7,123,000,000 | 7,961,000,000 | 5,673,000,000 | 5,931,000,000 | 5,502,000,000 | 6,769,000,000 | 4,379,000,000 | 4,110,000,000 | 4,542,000,000 | 5,482,000,000 | 5,019,000,000 | ||||||||||||||||||||||||||||||||
selling, general and administrative expense | 7,633,000,000 | 10,380,000,000 | 7,752,000,000 | 7,812,000,000 | 7,874,000,000 | 8,240,000,000 | 9,706,000,000 | 8,024,000,000 | 8,143,000,000 | 8,991,000,000 | 7,995,000,000 | 8,253,000,000 | 7,506,000,000 | 8,046,000,000 | 7,422,000,000 | 7,496,000,000 | 7,172,000,000 | 7,412,000,000 | 6,521,000,000 | 7,324,000,000 | 7,401,000,000 | 8,493,000,000 | 7,339,000,000 | 7,156,000,000 | 8,585,000,000 | 7,216,000,000 | 7,268,000,000 | 7,198,000,000 | 7,605,000,000 | 6,039,000,000 | 6,908,000,000 | 5,968,000,000 | 8,226,000,000 | 9,775,000,000 | 7,600,000,000 | 8,309,000,000 | 7,974,000,000 | 7,939,000,000 | 4,753,000,000 | 6,349,000,000 | 6,320,000,000 | 6,343,000,000 | 4,896,750,000 | 6,720,000,000 | 6,679,000,000 | 6,363,000,000 | 5,351,000,000 | 5,253,000,000 | 5,214,000,000 | 5,132,000,000 | 5,029,000,000 | 5,703,000,000 | 3,724,250,000 | 4,932,000,000 | 5,673,000,000 | 4,253,000,000 | |||
depreciation and amortization expense | 4,892,000,000 | 4,519,000,000 | 4,618,000,000 | 4,635,000,000 | 4,577,000,000 | 4,506,000,000 | 4,458,000,000 | 4,483,000,000 | 4,445,000,000 | 4,516,000,000 | 4,431,000,000 | 4,359,000,000 | 4,318,000,000 | 4,218,000,000 | 4,324,000,000 | 4,321,000,000 | 4,236,000,000 | 4,051,000,000 | 3,961,000,000 | 4,020,000,000 | 4,174,000,000 | 4,197,000,000 | 4,192,000,000 | 4,181,000,000 | 4,150,000,000 | 4,114,000,000 | 4,232,000,000 | 4,231,000,000 | 4,350,000,000 | 4,272,000,000 | 4,167,000,000 | 4,059,000,000 | 3,987,000,000 | 3,942,000,000 | 3,982,000,000 | 4,017,000,000 | 4,009,000,000 | 3,980,000,000 | 3,989,000,000 | 3,666,000,000 | 3,605,000,000 | 3,573,000,000 | 3,533,000,000 | 3,598,000,000 | 3,628,000,000 | 3,630,000,000 | 3,776,000,000 | 3,518,000,000 | 3,496,000,000 | 3,460,000,000 | 3,483,000,000 | 3,440,000,000 | 3,428,000,000 | 3,447,000,000 | 3,419,000,000 | 3,384,000,000 | 3,385,000,000 | ||
total operating expenses | 26,198,000,000 | 31,377,000,000 | 25,716,000,000 | 26,332,000,000 | 25,507,000,000 | 28,260,000,000 | 27,404,000,000 | 24,978,000,000 | 25,460,000,000 | 34,530,000,000 | 25,863,000,000 | 25,376,000,000 | 25,328,000,000 | 28,026,000,000 | 26,347,000,000 | 26,237,000,000 | 25,758,000,000 | 26,459,000,000 | 24,010,000,000 | 25,599,000,000 | 25,097,000,000 | 27,512,000,000 | 23,865,000,000 | 23,086,000,000 | 25,031,000,000 | 24,714,000,000 | 24,221,000,000 | 24,419,000,000 | 25,586,000,000 | 24,509,000,000 | 22,316,000,000 | 22,633,000,000 | 24,317,000,000 | 24,397,000,000 | 25,978,000,000 | 24,229,000,000 | 25,623,000,000 | 24,403,000,000 | 24,024,000,000 | 20,417,000,000 | 19,562,000,000 | 19,124,000,000 | 18,788,000,000 | 17,888,000,000 | 19,330,000,000 | 19,087,000,000 | 18,888,000,000 | 15,405,000,000 | 14,477,000,000 | 14,797,000,000 | 14,609,000,000 | 14,110,000,000 | 14,641,000,000 | 19,426,000,000 | 13,950,000,000 | 14,099,000,000 | 12,779,000,000 | ||
operating income | 8,242,000,000 | 5,004,000,000 | 8,105,000,000 | 8,172,000,000 | 7,978,000,000 | 7,421,000,000 | 5,926,000,000 | 7,818,000,000 | 7,521,000,000 | 600,000,000 | 7,473,000,000 | 7,220,000,000 | 7,584,000,000 | 7,225,000,000 | 7,894,000,000 | 7,552,000,000 | 7,796,000,000 | 7,608,000,000 | 8,905,000,000 | 8,165,000,000 | 7,770,000,000 | 7,180,000,000 | 7,678,000,000 | 7,361,000,000 | 6,579,000,000 | 8,180,000,000 | 7,850,000,000 | 7,709,000,000 | 6,617,000,000 | 7,208,000,000 | 8,232,000,000 | 7,181,000,000 | 8,023,000,000 | 6,540,000,000 | 4,554,000,000 | 7,942,000,000 | 7,535,000,000 | 7,821,000,000 | 7,960,000,000 | 3,423,000,000 | 4,210,000,000 | 4,149,000,000 | 3,796,000,000 | 2,266,000,000 | 3,924,000,000 | 3,591,000,000 | 3,855,000,000 | 3,633,000,000 | 4,092,000,000 | 3,382,000,000 | 3,597,000,000 | 3,728,000,000 | 2,495,000,000 | -2,148,000,000 | 3,205,000,000 | 2,730,000,000 | 3,500,000,000 | 2,786,000,000 | 6,017,000,000 |
yoy | 3.31% | -32.57% | 36.77% | 4.53% | 6.08% | 1136.83% | -20.70% | 8.28% | -0.83% | -91.70% | -5.33% | -4.40% | -2.72% | -5.03% | -11.35% | -7.51% | 0.33% | 5.96% | 15.98% | 10.92% | 18.10% | -12.22% | -2.19% | -4.51% | -0.57% | 13.49% | -4.64% | 7.35% | -17.52% | 10.21% | 80.76% | -9.58% | 6.48% | -16.38% | -42.79% | 132.02% | 78.98% | 88.50% | 109.69% | 51.06% | 7.29% | 15.54% | -1.53% | -37.63% | -4.11% | 6.18% | 7.17% | -2.55% | 64.01% | -257.45% | 12.23% | 36.56% | -28.71% | -177.10% | -46.73% | ||||
qoq | 64.71% | -38.26% | -0.82% | 2.43% | 7.51% | 25.23% | -24.20% | 3.95% | 1153.50% | -91.97% | 3.50% | -4.80% | 4.97% | -8.47% | 4.53% | -3.13% | 2.47% | -14.56% | 9.06% | 5.08% | 8.22% | -6.49% | 4.31% | 11.89% | -19.57% | 4.20% | 1.83% | 16.50% | -8.20% | -12.44% | 14.64% | -10.49% | 22.68% | 43.61% | -42.66% | 5.40% | -3.66% | -1.75% | 132.54% | -18.69% | 1.47% | 9.30% | 67.52% | -42.25% | 9.27% | -6.85% | 6.11% | -11.22% | 20.99% | -5.98% | -3.51% | 49.42% | -216.15% | -167.02% | 17.40% | -22.00% | 25.63% | -53.70% | |
operating margin % | 23.93% | 13.75% | 23.96% | 23.68% | 23.83% | 20.80% | 17.78% | 23.84% | 22.80% | 1.71% | 22.42% | 22.15% | 23.04% | 20.50% | 23.05% | 22.35% | 23.23% | 22.33% | 27.05% | 24.18% | 23.64% | 20.70% | 24.34% | 24.18% | 20.81% | 24.87% | 24.48% | 23.99% | 20.55% | 22.73% | 26.95% | 24.09% | 24.81% | 21.14% | 14.92% | 24.69% | 22.72% | 24.27% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
equity in earnings of unconsolidated businesses | 5,000,000 | -3,000,000 | 6,000,000 | -9,000,000 | -11,000,000 | -18,000,000 | -33,000,000 | 9,000,000 | 4,000,000 | 2,000,000 | 41,000,000 | -3,000,000 | 135,000,000 | 1,000,000 | 1,000,000 | 8,000,000 | -18,000,000 | -18,000,000 | -34,000,000 | 93,000,000 | 147,000,000 | 185,000,000 | 160,000,000 | 157,000,000 | 288,000,000 | 171,000,000 | 186,000,000 | 183,000,000 | 179,000,000 | 193,000,000 | 224,000,000 | 212,000,000 | 199,000,000 | 605,000,000 | 358,000,000 | 167,000,000 | |||||||||||||||||||||||
other income | 477,000,000 | -185,000,000 | 92,000,000 | 79,000,000 | 121,000,000 | 797,000,000 | 72,000,000 | -72,000,000 | 198,000,000 | -807,000,000 | 170,000,000 | 210,000,000 | 114,000,000 | 2,687,000,000 | -439,000,000 | 49,000,000 | -924,000,000 | -860,000,000 | 269,000,000 | 502,000,000 | 401,000,000 | -72,000,000 | 143,000,000 | 295,000,000 | 360,000,000 | 32,000,000 | |||||||||||||||||||||||||||||||||
interest expense | -1,940,000,000 | -1,759,000,000 | -1,664,000,000 | -1,639,000,000 | -1,632,000,000 | -1,644,000,000 | -1,672,000,000 | -1,698,000,000 | -1,635,000,000 | -1,599,000,000 | -1,433,000,000 | -1,285,000,000 | -1,207,000,000 | -1,105,000,000 | -937,000,000 | -785,000,000 | -786,000,000 | -739,000,000 | -801,000,000 | -844,000,000 | -1,101,000,000 | -1,080,000,000 | -1,044,000,000 | -1,089,000,000 | -1,218,000,000 | -1,132,000,000 | -1,137,000,000 | -1,038,000,000 | -1,013,000,000 | -1,188,000,000 | -1,202,000,000 | -1,208,000,000 | -1,332,000,000 | -347,500,000 | -450,000,000 | -455,000,000 | -590,000,000 | -649,000,000 | -594,000,000 | -638,000,000 | -665,000,000 | -685,000,000 | -692,000,000 | -778,000,000 | -822,000,000 | -803,000,000 | |||||||||||||
income before provision for income taxes | 6,784,000,000 | 3,063,000,000 | 6,527,000,000 | 6,609,000,000 | 6,473,000,000 | 6,568,000,000 | 4,302,000,000 | 6,034,000,000 | 6,075,000,000 | -1,817,000,000 | 6,192,000,000 | 6,112,000,000 | 6,500,000,000 | 8,811,000,000 | 6,520,000,000 | 6,857,000,000 | 6,083,000,000 | 6,144,000,000 | 8,374,000,000 | 7,824,000,000 | 7,078,000,000 | 6,253,000,000 | 5,851,000,000 | 6,187,000,000 | 5,676,000,000 | 6,923,000,000 | 5,310,000,000 | 6,788,000,000 | 5,527,000,000 | 5,511,000,000 | 6,967,000,000 | 5,182,000,000 | 6,949,000,000 | 5,576,000,000 | 1,695,000,000 | 6,766,000,000 | 6,366,000,000 | 6,627,000,000 | 6,669,000,000 | ||||||||||||||||||||
provision for income taxes | -1,638,000,000 | -615,000,000 | -1,471,000,000 | -1,488,000,000 | -1,490,000,000 | -1,454,000,000 | -891,000,000 | -1,332,000,000 | -1,353,000,000 | -756,000,000 | -1,308,000,000 | -1,346,000,000 | -1,482,000,000 | -2,113,000,000 | -1,496,000,000 | -1,542,000,000 | -1,372,000,000 | -1,407,000,000 | -1,820,000,000 | -1,875,000,000 | -1,700,000,000 | -1,535,000,000 | -1,347,000,000 | -1,348,000,000 | -2,489,000,000 | -1,629,000,000 | -2,349,000,000 | -1,829,000,000 | -864,000,000 | -2,336,000,000 | -2,195,000,000 | -2,274,000,000 | -2,331,000,000 | -805,750,000 | -1,387,000,000 | -955,000,000 | -754,000,000 | -877,000,000 | -871,000,000 | -418,000,000 | -3,518,000,000 | 769,000,000 | 573,000,000 | 838,000,000 | -608,000,000 | 932,000,000 | |||||||||||||
net income | 5,146,000,000 | 2,448,000,000 | 5,056,000,000 | 5,121,000,000 | 4,983,000,000 | 5,114,000,000 | 3,411,000,000 | 4,702,000,000 | 4,722,000,000 | -2,573,000,000 | 4,884,000,000 | 4,766,000,000 | 5,018,000,000 | 6,698,000,000 | 5,024,000,000 | 5,315,000,000 | 4,711,000,000 | 4,737,000,000 | 6,554,000,000 | 5,949,000,000 | 5,378,000,000 | 4,718,000,000 | 4,504,000,000 | 4,839,000,000 | 4,287,000,000 | 5,337,000,000 | 4,074,000,000 | 5,160,000,000 | 4,246,000,000 | 3,736,000,000 | 4,478,000,000 | 3,553,000,000 | 4,600,000,000 | 3,747,000,000 | 831,000,000 | 4,430,000,000 | 4,171,000,000 | 4,353,000,000 | 4,338,000,000 | 1,072,000,000 | 1,271,000,000 | 1,683,000,000 | 1,495,000,000 | 1,032,000,000 | 1,922,000,000 | 1,611,000,000 | 1,632,000,000 | 1,869,000,000 | 2,113,000,000 | 1,757,000,000 | 1,796,000,000 | 1,797,000,000 | 1,199,000,000 | -1,458,000,000 | 1,791,000,000 | 338,000,000 | 3,908,000,000 | 2,290,000,000 | 4,405,000,000 |
yoy | 3.27% | -52.13% | 48.23% | 8.91% | 5.53% | -298.76% | -30.16% | -1.34% | -5.90% | -138.41% | -2.79% | -10.33% | 6.52% | 41.40% | -23.34% | -10.66% | -12.40% | 0.40% | 45.52% | 22.94% | 25.45% | -11.60% | 10.55% | -6.22% | 0.97% | 42.85% | -9.02% | 45.23% | -7.70% | -0.29% | 438.87% | -19.80% | 10.29% | -13.92% | -80.84% | 313.25% | 228.17% | 158.65% | 190.17% | 3.88% | -33.87% | 4.47% | -8.39% | -44.78% | -9.04% | -8.31% | -9.13% | 4.01% | 76.23% | -220.51% | 0.28% | 431.66% | -69.32% | -163.67% | -59.34% | ||||
qoq | 110.21% | -51.58% | -1.27% | 2.77% | -2.56% | 49.93% | -27.46% | -0.42% | -283.52% | -152.68% | 2.48% | -5.02% | -25.08% | 33.32% | -5.48% | 12.82% | -0.55% | -27.72% | 10.17% | 10.62% | 13.99% | 4.75% | -6.92% | 12.88% | -19.67% | 31.00% | -21.05% | 21.53% | 13.65% | -16.57% | 26.03% | -22.76% | 22.76% | 350.90% | -81.24% | 6.21% | -4.18% | 0.35% | 304.66% | -15.66% | -24.48% | 12.58% | 44.86% | -46.31% | 19.30% | -1.29% | -12.68% | -11.55% | 20.26% | -2.17% | -0.06% | 49.87% | -182.24% | -181.41% | 429.88% | -91.35% | 70.66% | -48.01% | |
net income margin % | 14.94% | 6.73% | 14.95% | 14.84% | 14.88% | 14.33% | 10.23% | 14.34% | 14.32% | -7.32% | 14.65% | 14.62% | 15.25% | 19.00% | 14.67% | 15.73% | 14.04% | 13.90% | 19.91% | 17.62% | 16.36% | 13.60% | 14.28% | 15.89% | 13.56% | 16.22% | 12.70% | 16.06% | 13.19% | 11.78% | 14.66% | 11.92% | 14.22% | 12.11% | 2.72% | 13.77% | 12.58% | 13.51% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
net income attributable to noncontrolling interests | 101,000,000 | 106,000,000 | 106,000,000 | 118,000,000 | 104,000,000 | 109,000,000 | 105,000,000 | 109,000,000 | 120,000,000 | 132,000,000 | 122,000,000 | 118,000,000 | 109,000,000 | 121,000,000 | 124,000,000 | 116,000,000 | 131,000,000 | 124,000,000 | 147,000,000 | 149,000,000 | 133,000,000 | 130,000,000 | 147,000,000 | 139,000,000 | 131,000,000 | 143,000,000 | 130,000,000 | 128,000,000 | 126,000,000 | 116,000,000 | 116,000,000 | 103,000,000 | 105,000,000 | 127,000,000 | 129,000,000 | 120,000,000 | 133,000,000 | 122,000,000 | 119,000,000 | ||||||||||||||||||||
net income attributable to verizon | 5,045,000,000 | 2,342,000,000 | 4,950,000,000 | 5,003,000,000 | 4,879,000,000 | 5,005,000,000 | 3,306,000,000 | 4,593,000,000 | 4,602,000,000 | -2,705,000,000 | 4,762,000,000 | 4,648,000,000 | 4,909,000,000 | 6,577,000,000 | 4,900,000,000 | 5,199,000,000 | 4,580,000,000 | 4,613,000,000 | 6,407,000,000 | 5,800,000,000 | 5,245,000,000 | 4,588,000,000 | 4,357,000,000 | 4,700,000,000 | 4,156,000,000 | 5,194,000,000 | 3,944,000,000 | 5,032,000,000 | 4,120,000,000 | 3,620,000,000 | 4,362,000,000 | 3,450,000,000 | 4,495,000,000 | 3,620,000,000 | 702,000,000 | 4,310,000,000 | 4,038,000,000 | 4,231,000,000 | 4,219,000,000 | ||||||||||||||||||||
basic earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | 4,205,000,000 | 4,226,000,000 | 4,228,000,000 | 4,224,000,000 | 4,222,000,000 | 4,218,000,000 | 4,220,000,000 | 4,215,000,000 | 4,215,000,000 | 4,211,000,000 | 4,213,000,000 | 4,208,000,000 | 4,207,000,000 | 4,202,000,000 | 4,202,000,000 | 4,201,000,000 | 4,201,000,000 | 4,148,000,000 | 4,142,000,000 | 4,141,000,000 | 4,141,000,000 | 4,140,000,000 | 4,140,000,000 | 4,139,000,000 | 4,139,000,000 | 4,138,000,000 | 4,138,000,000 | 4,138,000,000 | 4,135,000,000 | 4,084,000,000 | 4,082,000,000 | 4,082,000,000 | 4,080,000,000 | 4,079,000,000 | 4,079,000,000 | 4,080,000,000 | 4,072,000,000 | 4,079,000,000 | 4,116,000,000 | 2,898,000,000 | 2,896,000,000 | 2,903,000,000 | 2,909,000,000 | 2,912,000,000 | 2,907,000,000 | 2,910,000,000 | 2,915,000,000 | 2,765,000,000 | 2,766,000,000 | 2,769,000,000 | 2,769,000,000 | 2,770,000,000 | 2,770,000,000 | 2,756,000,000 | 2,759,000,000 | 2,754,000,000 | 2,748,000,000 | 2,729,000,000 | 2,732,000,000 |
diluted earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated businesses | -750,000 | -6,000,000 | -11,750,000 | -24,000,000 | -14,000,000 | -11,000,000 | -9,000,000 | -13,000,000 | -28,000,000 | -21,000,000 | -15,750,000 | -23,000,000 | -20,000,000 | -20,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
other expense | -175,750,000 | -774,000,000 | -19,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wireless cost of equipment | 5,198,000,000 | 5,397,000,000 | 4,965,000,000 | 5,035,000,000 | 4,808,000,000 | 7,356,000,000 | 5,240,000,000 | 4,644,000,000 | 4,998,000,000 | 5,716,000,000 | 5,455,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 590,000 | 590,000 | 578,000 | 577,500 | 426,875 | 577,500 | 565,000 | 565,000 | 565,000 | 550,000 | 550,000 | 310,000 | 430,000 | 405,000 | 405,000 | 303,750 | 405,000 | 405,000 | 405,000 | 405,000 | 405,000 | 405,000 | 385,000 | 385,000 | 385,000 | 288,750 | 385,000 | 385,000 | 385,000 | 288,750 | 385,000 | ||||||||||||||||||||||||||||
selling, general and administrative expense (including net gain on sale of divested | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
businesses of 1,774 and 1,007 for the nine months ended september 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 2016, respectively) | 7,632,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and (expense) | -846,000,000 | 98,000,000 | 97,000,000 | -1,826,000,000 | 51,000,000 | 32,000,000 | 75,000,000 | 87,000,000 | 49,000,000 | 27,000,000 | 48,000,000 | 131,000,000 | 101,000,000 | 60,000,000 | 105,000,000 | 88,000,000 | 81,000,000 | 79,000,000 | 16,000,000 | -2,000,000 | -34,000,000 | 15,000,000 | 12,000,000 | -46,000,000 | 34,000,000 | 34,000,000 | 37,000,000 | ||||||||||||||||||||||||||||||||
cost of services and sales | 12,096,000,000 | 9,796,000,000 | 9,608,000,000 | 9,231,000,000 | 8,912,000,000 | 8,645,000,000 | 8,982,000,000 | 8,778,000,000 | 8,749,000,000 | 6,536,000,000 | 6,258,000,000 | 6,123,000,000 | 5,994,000,000 | 5,641,000,000 | 5,510,000,000 | 5,877,000,000 | 5,740,000,000 | 5,042,000,000 | 5,141,000,000 | ||||||||||||||||||||||||||||||||||||||||
minority interest | -930,000,000 | -1,298,000,000 | -1,268,000,000 | -986,000,000 | -946,000,000 | -676,000,000 | -477,000,000 | -451,000,000 | -410,000,000 | -380,000,000 | -326,000,000 | -342,000,000 | -372,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes, discontinued operations, extraordinary item and cumulative effect of accounting change | 1,831,000,000 | 2,658,000,000 | 2,638,000,000 | 2,365,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations, extraordinary item and cumulative effect of accounting change | 1,072,000,000 | 1,271,000,000 | 1,683,000,000 | 1,484,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | 142,000,000 | 95,250,000 | 124,000,000 | 119,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary item, net of tax | -32,750,000 | -2,250,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of accounting change, net of tax | -42,000,000 | 2,150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of businesses | -141,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes, discontinued operations and cumulative effect of accounting change | 907,000,000 | 2,653,000,000 | 2,246,000,000 | 2,580,000,000 | 2,668,000,000 | 1,617,000,000 | -2,472,000,000 | 2,560,000,000 | 1,839,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations and cumulative effect of accounting change | 654,000,000 | 1,798,000,000 | 1,492,000,000 | 1,779,000,000 | 1,797,000,000 | 1,199,000,000 | -1,458,000,000 | 1,791,000,000 | 1,266,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income from other unconsolidated businesses | 1,000,000 | 56,000,000 | 2,000,000 | 72,000,000 | 172,000,000 | 80,000,000 | 60,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes and cumulative effect of accounting change | 2,551,000,000 | 2,596,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of accounting change | 1,674,000,000 | 1,758,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes and discontinued operations | 2,606,000,000 | 3,095,000,000 | 2,536,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations | 1,869,000,000 | 2,113,000,000 | 1,757,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income on discontinued operations, net of tax | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from operations of iusacell | -239,250,000 | -952,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on discontinued operations, net of tax | -934,660,000 | -340,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of assets | -686,750,000 | -2,527,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from unconsolidated businesses | 166,000,000 | 12,000,000 | 478,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operations and support expense | 7,737,750,000 | 10,391,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 2,499,000,000 | 3,320,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market adjustment — financial instruments | -7,000,000 | -17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes, extraordinary item and cumulative effect of accounting change | 1,130,000,000 | 5,340,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before extraordinary item and cumulative effect of accounting change | 573,500,000 | 4,408,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding — diluted | 2,749,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-06-30 | 2017-09-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 8,366,000,000 | 19,048,000,000 | 7,706,000,000 | 3,435,000,000 | 2,257,000,000 | 4,194,000,000 | 4,987,000,000 | 2,432,000,000 | 2,365,000,000 | 2,065,000,000 | 4,210,000,000 | 4,803,000,000 | 2,234,000,000 | 2,605,000,000 | 2,082,000,000 | 1,857,000,000 | 1,661,000,000 | 2,921,000,000 | 9,936,000,000 | 4,657,000,000 | 10,205,000,000 | 22,171,000,000 | 8,983,000,000 | 7,882,000,000 | 7,047,000,000 | 3,020,000,000 | 1,949,000,000 | 2,322,000,000 | 1,750,000,000 | 4,487,000,000 | 4,307,000,000 | 6,441,000,000 | 2,857,000,000 | 5,846,000,000 | 3,875,000,000 | 3,008,000,000 | 4,386,000,000 |
accounts receivable | 27,966,000,000 | 28,347,000,000 | 27,083,000,000 | 27,440,000,000 | 27,033,000,000 | 27,261,000,000 | 27,040,000,000 | 26,702,000,000 | 26,380,000,000 | 26,102,000,000 | 24,559,000,000 | 24,108,000,000 | 23,748,000,000 | 25,332,000,000 | 24,475,000,000 | 24,740,000,000 | 24,474,000,000 | 24,742,000,000 | 23,165,000,000 | 22,237,000,000 | 23,611,000,000 | 25,169,000,000 | 23,846,000,000 | 23,742,000,000 | 24,852,000,000 | 24,713,000,000 | 24,926,000,000 | 24,469,000,000 | 23,099,000,000 | 21,549,000,000 | 16,863,000,000 | 14,832,000,000 | 13,294,000,000 | 12,485,000,000 | 13,105,000,000 | 13,444,000,000 | 12,698,000,000 |
less allowance for credit losses | 1,311,000,000 | 1,250,000,000 | 1,163,000,000 | 1,165,000,000 | 1,144,000,000 | 1,152,000,000 | 1,086,000,000 | 1,095,000,000 | 1,061,000,000 | 1,017,000,000 | 957,000,000 | 922,000,000 | 892,000,000 | 826,000,000 | 805,000,000 | 831,000,000 | 859,000,000 | 896,000,000 | 970,000,000 | 980,000,000 | 1,104,000,000 | 1,252,000,000 | 1,229,000,000 | 1,070,000,000 | |||||||||||||
inventories | 2,320,000,000 | 2,441,000,000 | 2,700,000,000 | 2,137,000,000 | 2,197,000,000 | 2,247,000,000 | 2,523,000,000 | 1,841,000,000 | 2,076,000,000 | 2,057,000,000 | 2,240,000,000 | 1,896,000,000 | 2,381,000,000 | 2,388,000,000 | 3,133,000,000 | 3,646,000,000 | 3,659,000,000 | 3,055,000,000 | 2,303,000,000 | 1,421,000,000 | 1,303,000,000 | 1,796,000,000 | 1,457,000,000 | 1,289,000,000 | 1,633,000,000 | 1,538,000,000 | 1,167,000,000 | 1,417,000,000 | 1,102,000,000 | 1,276,000,000 | 1,194,000,000 | 1,318,000,000 | 931,000,000 | 1,142,000,000 | 1,319,000,000 | 1,149,000,000 | 1,076,000,000 |
prepaid expenses and other | 7,382,000,000 | 8,336,000,000 | 7,684,000,000 | 6,999,000,000 | 7,010,000,000 | 7,973,000,000 | 7,177,000,000 | 8,176,000,000 | 8,197,000,000 | 7,607,000,000 | 8,067,000,000 | 7,503,000,000 | 8,251,000,000 | 8,358,000,000 | 10,861,000,000 | 8,087,000,000 | 6,645,000,000 | 6,906,000,000 | 5,843,000,000 | 8,291,000,000 | 5,632,000,000 | 6,710,000,000 | 5,515,000,000 | 5,490,000,000 | 8,228,000,000 | 5,624,000,000 | 5,266,000,000 | 5,189,000,000 | 4,925,000,000 | 3,280,000,000 | 4,645,000,000 | 3,030,000,000 | 3,445,000,000 | 3,422,000,000 | 2,268,000,000 | 2,818,000,000 | 3,236,000,000 |
total current assets | 44,723,000,000 | 56,922,000,000 | 44,010,000,000 | 38,846,000,000 | 37,353,000,000 | 40,523,000,000 | 40,641,000,000 | 38,056,000,000 | 37,957,000,000 | 36,814,000,000 | 38,119,000,000 | 37,388,000,000 | 35,722,000,000 | 37,857,000,000 | 39,746,000,000 | 37,499,000,000 | 35,580,000,000 | 36,728,000,000 | 40,277,000,000 | 35,626,000,000 | 39,647,000,000 | 54,594,000,000 | 38,572,000,000 | 37,333,000,000 | 40,705,000,000 | 34,895,000,000 | 33,308,000,000 | 33,397,000,000 | 30,876,000,000 | 30,867,000,000 | 27,158,000,000 | 25,621,000,000 | 20,844,000,000 | 23,615,000,000 | 21,768,000,000 | 21,502,000,000 | 22,836,000,000 |
property, plant and equipment | 357,650,000,000 | 337,991,000,000 | 334,765,000,000 | 332,529,000,000 | 331,888,000,000 | 331,406,000,000 | 327,555,000,000 | 324,978,000,000 | 322,266,000,000 | 320,108,000,000 | 316,767,000,000 | 313,424,000,000 | 310,519,000,000 | 307,689,000,000 | 300,870,000,000 | 296,700,000,000 | 292,568,000,000 | 289,897,000,000 | 287,421,000,000 | 283,654,000,000 | 282,742,000,000 | 279,737,000,000 | 276,210,000,000 | 272,714,000,000 | 268,993,000,000 | 260,053,000,000 | 257,395,000,000 | 254,457,000,000 | 249,294,000,000 | ||||||||
less accumulated depreciation | 231,678,000,000 | 228,524,000,000 | 226,298,000,000 | 224,460,000,000 | 223,965,000,000 | 222,884,000,000 | 220,027,000,000 | 217,088,000,000 | 214,403,000,000 | 211,798,000,000 | 209,277,000,000 | 206,154,000,000 | 203,532,000,000 | 200,255,000,000 | 197,866,000,000 | 195,390,000,000 | 192,725,000,000 | 190,201,000,000 | 191,665,000,000 | 189,452,000,000 | 187,866,000,000 | 184,904,000,000 | 183,028,000,000 | 179,960,000,000 | 176,816,000,000 | 171,204,000,000 | 169,577,000,000 | 166,608,000,000 | 161,513,000,000 | 155,986,000,000 | 150,337,000,000 | 145,495,000,000 | 142,584,000,000 | 139,658,000,000 | 134,112,000,000 | 131,129,000,000 | 128,747,000,000 |
investments in unconsolidated businesses | 730,000,000 | 785,000,000 | 799,000,000 | 807,000,000 | 820,000,000 | 842,000,000 | 867,000,000 | 908,000,000 | 941,000,000 | 953,000,000 | 929,000,000 | 1,015,000,000 | 1,052,000,000 | 1,071,000,000 | 1,083,000,000 | 1,113,000,000 | 1,074,000,000 | 1,061,000,000 | 1,100,000,000 | 560,000,000 | 555,000,000 | 589,000,000 | 535,000,000 | 529,000,000 | 543,000,000 | 628,000,000 | 650,000,000 | 674,000,000 | 787,000,000 | 1,054,000,000 | 1,080,000,000 | 1,119,000,000 | 822,000,000 | 821,000,000 | 779,000,000 | 794,000,000 | 762,000,000 |
wireless licenses | 157,082,000,000 | 157,039,000,000 | 156,926,000,000 | 156,820,000,000 | 156,726,000,000 | 156,613,000,000 | 156,481,000,000 | 156,291,000,000 | 156,111,000,000 | 155,667,000,000 | 155,465,000,000 | 151,337,000,000 | 150,485,000,000 | 149,796,000,000 | 149,292,000,000 | 148,724,000,000 | 148,083,000,000 | 147,619,000,000 | 145,767,000,000 | 98,034,000,000 | 98,012,000,000 | 96,097,000,000 | 95,958,000,000 | 95,767,000,000 | 92,471,000,000 | 94,433,000,000 | 94,333,000,000 | 94,237,000,000 | 93,855,000,000 | 87,883,000,000 | 87,754,000,000 | 87,407,000,000 | 86,981,000,000 | 86,830,000,000 | 86,331,000,000 | 86,321,000,000 | 75,693,000,000 |
goodwill | 30,628,000,000 | 22,841,000,000 | 22,841,000,000 | 22,841,000,000 | 22,842,000,000 | 22,841,000,000 | 22,844,000,000 | 22,842,000,000 | 22,842,000,000 | 22,843,000,000 | 28,642,000,000 | 28,647,000,000 | 28,674,000,000 | 28,671,000,000 | 28,548,000,000 | 28,638,000,000 | 28,629,000,000 | 28,603,000,000 | 24,887,000,000 | 24,915,000,000 | 24,837,000,000 | 24,773,000,000 | 24,799,000,000 | 24,667,000,000 | 24,382,000,000 | 24,570,000,000 | 24,632,000,000 | 24,635,000,000 | 29,200,000,000 | 28,725,000,000 | 27,630,000,000 | 25,970,000,000 | 25,417,000,000 | 25,364,000,000 | 25,124,000,000 | 25,429,000,000 | 23,303,000,000 |
other intangible assets | 12,799,000,000 | 10,458,000,000 | 10,516,000,000 | 10,635,000,000 | 10,847,000,000 | 11,129,000,000 | 10,674,000,000 | 10,680,000,000 | 10,835,000,000 | 11,057,000,000 | 10,952,000,000 | 11,097,000,000 | 11,246,000,000 | 11,461,000,000 | 11,196,000,000 | 11,286,000,000 | 11,432,000,000 | 11,677,000,000 | 7,022,000,000 | 7,002,000,000 | 9,304,000,000 | 9,413,000,000 | 9,599,000,000 | 9,600,000,000 | 9,371,000,000 | 9,264,000,000 | 9,474,000,000 | 9,608,000,000 | 9,861,000,000 | 10,993,000,000 | 8,912,000,000 | 7,692,000,000 | 7,399,000,000 | 8,216,000,000 | 8,322,000,000 | 7,983,000,000 | 5,779,000,000 |
operating lease right-of-use assets | 23,401,000,000 | 23,498,000,000 | 23,760,000,000 | 23,949,000,000 | 24,175,000,000 | 24,472,000,000 | 23,613,000,000 | 24,064,000,000 | 24,351,000,000 | 24,726,000,000 | 25,086,000,000 | 25,345,000,000 | 25,947,000,000 | 26,130,000,000 | 26,588,000,000 | 27,098,000,000 | 27,494,000,000 | 27,883,000,000 | 27,969,000,000 | 28,180,000,000 | 22,315,000,000 | 22,531,000,000 | 22,680,000,000 | 22,431,000,000 | 22,472,000,000 | 22,218,000,000 | 22,467,000,000 | 23,105,000,000 | |||||||||
other assets | 22,547,000,000 | 23,248,000,000 | 21,012,000,000 | 21,318,000,000 | 19,678,000,000 | 19,769,000,000 | 18,516,000,000 | 18,415,000,000 | 19,258,000,000 | 19,885,000,000 | 18,147,000,000 | 17,856,000,000 | 17,603,000,000 | 17,260,000,000 | 15,633,000,000 | 14,479,000,000 | 13,581,000,000 | 13,329,000,000 | 10,679,000,000 | 14,761,000,000 | 10,537,000,000 | 13,651,000,000 | 11,669,000,000 | 10,178,000,000 | 12,379,000,000 | 10,018,000,000 | 10,426,000,000 | 10,442,000,000 | 10,943,000,000 | 8,538,000,000 | 8,222,000,000 | 8,275,000,000 | 7,235,000,000 | 6,298,000,000 | 7,070,000,000 | 6,545,000,000 | 5,765,000,000 |
total assets | 417,882,000,000 | 404,258,000,000 | 388,331,000,000 | 383,285,000,000 | 380,364,000,000 | 384,711,000,000 | 381,164,000,000 | 379,146,000,000 | 380,158,000,000 | 380,255,000,000 | 384,830,000,000 | 379,955,000,000 | 377,716,000,000 | 379,680,000,000 | 375,090,000,000 | 370,147,000,000 | 365,716,000,000 | 366,596,000,000 | 353,457,000,000 | 349,190,000,000 | 345,573,000,000 | 316,481,000,000 | 296,994,000,000 | 293,259,000,000 | 294,500,000,000 | 284,875,000,000 | 283,108,000,000 | 283,947,000,000 | 263,303,000,000 | 254,682,000,000 | 246,731,000,000 | 239,498,000,000 | 231,870,000,000 | 244,587,000,000 | 242,073,000,000 | 240,753,000,000 | 235,790,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||
debt maturing within one year | 28,229,000,000 | 18,618,000,000 | 20,146,000,000 | 22,067,000,000 | 22,629,000,000 | 22,633,000,000 | 21,763,000,000 | 23,255,000,000 | 15,594,000,000 | 12,973,000,000 | 12,950,000,000 | 14,827,000,000 | 12,081,000,000 | 9,963,000,000 | 14,995,000,000 | 12,873,000,000 | 13,421,000,000 | 7,443,000,000 | 7,623,000,000 | 7,023,000,000 | 8,802,000,000 | 5,889,000,000 | 5,770,000,000 | 6,651,000,000 | 11,175,000,000 | 7,830,000,000 | 8,773,000,000 | 8,614,000,000 | 5,466,000,000 | 2,180,000,000 | 3,707,000,000 | 3,852,000,000 | 6,803,000,000 | 6,265,000,000 | 7,264,000,000 | 4,206,000,000 | 4,439,000,000 |
accounts payable and accrued liabilities | 21,932,000,000 | 24,981,000,000 | 20,700,000,000 | 19,880,000,000 | 19,413,000,000 | 23,374,000,000 | 22,222,000,000 | 19,727,000,000 | 20,139,000,000 | 23,453,000,000 | 26,140,000,000 | 20,067,000,000 | 19,273,000,000 | 23,977,000,000 | 22,235,000,000 | 20,956,000,000 | 18,169,000,000 | 24,833,000,000 | 20,153,000,000 | 17,328,000,000 | 17,219,000,000 | 20,658,000,000 | 17,391,000,000 | 19,297,000,000 | 17,419,000,000 | 19,566,000,000 | 17,633,000,000 | 18,664,000,000 | 18,560,000,000 | 18,434,000,000 | 14,826,000,000 | 18,002,000,000 | 19,090,000,000 | 18,118,000,000 | 17,721,000,000 | 16,953,000,000 | 15,189,000,000 |
current operating lease liabilities | 4,720,000,000 | 4,542,000,000 | 4,501,000,000 | 4,731,000,000 | 4,686,000,000 | 4,415,000,000 | 4,312,000,000 | 4,247,000,000 | 4,282,000,000 | 4,266,000,000 | 3,906,000,000 | 4,211,000,000 | 4,177,000,000 | 4,134,000,000 | 3,961,000,000 | 3,912,000,000 | 3,847,000,000 | 3,859,000,000 | 3,606,000,000 | 3,881,000,000 | 3,536,000,000 | 3,485,000,000 | 3,494,000,000 | 3,270,000,000 | 3,331,000,000 | 2,959,000,000 | 3,154,000,000 | 2,997,000,000 | |||||||||
other current liabilities | 14,999,000,000 | 14,229,000,000 | 14,216,000,000 | 14,274,000,000 | 14,338,000,000 | 14,349,000,000 | 13,519,000,000 | 13,577,000,000 | 13,616,000,000 | 12,531,000,000 | 12,681,000,000 | 12,299,000,000 | 12,237,000,000 | 12,097,000,000 | 11,950,000,000 | 11,483,000,000 | 11,148,000,000 | 11,025,000,000 | 9,976,000,000 | 11,846,000,000 | 9,173,000,000 | 9,628,000,000 | 9,530,000,000 | 9,668,000,000 | 9,132,000,000 | 8,854,000,000 | 8,654,000,000 | 8,332,000,000 | 8,303,000,000 | ||||||||
total current liabilities | 69,880,000,000 | 62,370,000,000 | 59,563,000,000 | 60,952,000,000 | 61,066,000,000 | 64,771,000,000 | 61,816,000,000 | 60,806,000,000 | 53,631,000,000 | 53,223,000,000 | 55,677,000,000 | 51,404,000,000 | 47,768,000,000 | 50,171,000,000 | 53,141,000,000 | 49,224,000,000 | 46,585,000,000 | 47,160,000,000 | 41,358,000,000 | 40,078,000,000 | 38,730,000,000 | 39,660,000,000 | 36,185,000,000 | 38,886,000,000 | 41,057,000,000 | 39,209,000,000 | 38,214,000,000 | 38,607,000,000 | 32,329,000,000 | 28,930,000,000 | 26,664,000,000 | 30,298,000,000 | 34,408,000,000 | 33,312,000,000 | 34,492,000,000 | 30,645,000,000 | 28,713,000,000 |
long-term debt | 144,231,000,000 | 139,532,000,000 | 126,629,000,000 | 123,929,000,000 | 121,020,000,000 | 121,381,000,000 | 128,878,000,000 | 126,022,000,000 | 136,104,000,000 | 137,701,000,000 | 134,441,000,000 | 137,871,000,000 | 140,772,000,000 | 140,676,000,000 | 132,912,000,000 | 136,184,000,000 | 139,961,000,000 | 143,425,000,000 | 143,352,000,000 | 144,894,000,000 | 149,700,000,000 | 123,173,000,000 | 109,790,000,000 | 106,190,000,000 | 106,561,000,000 | 101,769,000,000 | 104,598,000,000 | 105,045,000,000 | 109,174,000,000 | 115,317,000,000 | 112,839,000,000 | 102,739,000,000 | 92,922,000,000 | 103,615,000,000 | 105,060,000,000 | 109,465,000,000 | 108,949,000,000 |
employee benefit obligations | 12,023,000,000 | 11,099,000,000 | 11,072,000,000 | 11,170,000,000 | 11,793,000,000 | 11,997,000,000 | 12,744,000,000 | 12,812,000,000 | 12,805,000,000 | 13,189,000,000 | 12,226,000,000 | 12,357,000,000 | 12,750,000,000 | 12,974,000,000 | 15,912,000,000 | 15,125,000,000 | 15,104,000,000 | 15,410,000,000 | 16,516,000,000 | 16,713,000,000 | 18,252,000,000 | 18,657,000,000 | 18,756,000,000 | 17,821,000,000 | 17,617,000,000 | 18,236,000,000 | 18,040,000,000 | 17,888,000,000 | 19,955,000,000 | 21,131,000,000 | 22,079,000,000 | 28,285,000,000 | 28,059,000,000 | 29,665,000,000 | 32,962,000,000 | 32,711,000,000 | 33,010,000,000 |
deferred income taxes | 49,312,000,000 | 48,717,000,000 | 48,226,000,000 | 46,568,000,000 | 46,643,000,000 | 46,732,000,000 | 45,865,000,000 | 46,082,000,000 | 45,980,000,000 | 45,781,000,000 | 44,434,000,000 | 44,055,000,000 | 43,667,000,000 | 43,441,000,000 | 42,094,000,000 | 42,154,000,000 | 41,341,000,000 | 40,685,000,000 | 38,481,000,000 | 37,534,000,000 | 36,747,000,000 | 35,711,000,000 | 34,567,000,000 | 33,798,000,000 | 33,709,000,000 | 34,592,000,000 | 34,225,000,000 | 34,344,000,000 | 35,069,000,000 | 48,345,000,000 | 47,847,000,000 | 44,617,000,000 | 43,825,000,000 | 45,568,000,000 | 42,896,000,000 | 42,945,000,000 | 42,330,000,000 |
non-current operating lease liabilities | 18,692,000,000 | 18,951,000,000 | 19,176,000,000 | 19,164,000,000 | 19,379,000,000 | 19,928,000,000 | 19,247,000,000 | 19,456,000,000 | 19,654,000,000 | 20,002,000,000 | 20,773,000,000 | 20,745,000,000 | 21,303,000,000 | 21,558,000,000 | 22,175,000,000 | 22,597,000,000 | 22,932,000,000 | 23,203,000,000 | 23,507,000,000 | 23,360,000,000 | 17,766,000,000 | 18,000,000,000 | 18,155,000,000 | 18,158,000,000 | 18,117,000,000 | 18,214,000,000 | 18,254,000,000 | 18,971,000,000 | |||||||||
other liabilities | 19,122,000,000 | 17,848,000,000 | 17,320,000,000 | 17,141,000,000 | 18,426,000,000 | 19,327,000,000 | 14,946,000,000 | 16,429,000,000 | 16,258,000,000 | 16,560,000,000 | 18,191,000,000 | 17,021,000,000 | 17,237,000,000 | 18,397,000,000 | 20,073,000,000 | 17,506,000,000 | 14,618,000,000 | 13,513,000,000 | 11,754,000,000 | 11,499,000,000 | 11,695,000,000 | 12,008,000,000 | 13,011,000,000 | 14,293,000,000 | 15,786,000,000 | 12,543,000,000 | 11,830,000,000 | 11,632,000,000 | 13,201,000,000 | 12,508,000,000 | 12,265,000,000 | 11,576,000,000 | 11,912,000,000 | 11,350,000,000 | 11,181,000,000 | 11,171,000,000 | 11,086,000,000 |
total long-term liabilities | 243,380,000,000 | 236,147,000,000 | 222,423,000,000 | 217,972,000,000 | 217,261,000,000 | 219,365,000,000 | 221,680,000,000 | 220,801,000,000 | 230,801,000,000 | 233,233,000,000 | 230,065,000,000 | 232,049,000,000 | 235,729,000,000 | 237,046,000,000 | 233,166,000,000 | 233,566,000,000 | 233,956,000,000 | 236,236,000,000 | 233,610,000,000 | 234,000,000,000 | 234,160,000,000 | 207,549,000,000 | 194,279,000,000 | 190,260,000,000 | 191,790,000,000 | 185,354,000,000 | 186,947,000,000 | 187,880,000,000 | 177,399,000,000 | ||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||
series preferred stock | |||||||||||||||||||||||||||||||||||||
common stock | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 429,000,000 | 424,000,000 | 424,000,000 | 424,000,000 | 424,000,000 | 424,000,000 | 424,000,000 | 424,000,000 | 424,000,000 |
additional paid in capital | 13,263,000,000 | 13,372,000,000 | 13,408,000,000 | 13,412,000,000 | 13,415,000,000 | 13,466,000,000 | 13,479,000,000 | 13,539,000,000 | 13,571,000,000 | 13,631,000,000 | 13,524,000,000 | 13,523,000,000 | 13,523,000,000 | 13,420,000,000 | 13,467,000,000 | 13,872,000,000 | 13,874,000,000 | 13,861,000,000 | 13,402,000,000 | 13,403,000,000 | 13,408,000,000 | 13,404,000,000 | 13,404,000,000 | 13,281,000,000 | 13,302,000,000 | 13,418,000,000 | 13,419,000,000 | 13,418,000,000 | 13,438,000,000 | ||||||||
retained earnings | 96,824,000,000 | 94,744,000,000 | 95,316,000,000 | 93,275,000,000 | 91,128,000,000 | 89,110,000,000 | 86,958,000,000 | 86,504,000,000 | 84,714,000,000 | 82,915,000,000 | 88,416,000,000 | 86,448,000,000 | 84,543,000,000 | 82,380,000,000 | 78,545,000,000 | 76,401,000,000 | 73,891,000,000 | 71,993,000,000 | 70,062,000,000 | 66,310,000,000 | 63,107,000,000 | 60,464,000,000 | 58,473,000,000 | 56,746,000,000 | 54,557,000,000 | 50,595,000,000 | 47,945,000,000 | 46,493,000,000 | 41,657,000,000 | ||||||||
accumulated other comprehensive loss | -2,372,000,000 | -1,727,000,000 | -1,651,000,000 | -1,475,000,000 | -1,489,000,000 | -923,000,000 | -1,665,000,000 | -1,287,000,000 | -1,199,000,000 | -1,380,000,000 | -1,428,000,000 | -1,921,000,000 | -2,177,000,000 | -1,865,000,000 | -1,700,000,000 | -1,320,000,000 | -906,000,000 | -927,000,000 | -709,000,000 | -234,000,000 | |||||||||||||||||
common stock in treasury, at cost | -5,335,000,000 | -3,255,000,000 | -3,287,000,000 | -3,292,000,000 | -3,295,000,000 | -3,583,000,000 | -3,585,000,000 | -3,590,000,000 | -3,602,000,000 | -3,821,000,000 | -3,828,000,000 | -3,830,000,000 | -3,832,000,000 | -4,013,000,000 | -4,015,000,000 | -4,020,000,000 | -4,023,000,000 | -4,104,000,000 | -6,630,000,000 | -6,632,000,000 | -6,634,000,000 | -6,719,000,000 | -6,721,000,000 | -6,722,000,000 | -7,144,000,000 | -7,264,000,000 | -7,279,000,000 | -7,279,000,000 | -7,604,000,000 | -7,741,000,000 | -7,093,000,000 | ||||||
deferred compensation – employee stock ownership plans (esops) and other | 500,000,000 | 897,000,000 | 827,000,000 | 714,000,000 | 534,000,000 | 738,000,000 | 710,000,000 | 577,000,000 | 421,000,000 | 656,000,000 | 628,000,000 | 544,000,000 | 397,000,000 | 793,000,000 | 742,000,000 | 654,000,000 | 497,000,000 | 538,000,000 | 490,000,000 | 408,000,000 | |||||||||||||||||
noncontrolling interests | 1,313,000,000 | 1,281,000,000 | 1,303,000,000 | 1,298,000,000 | 1,315,000,000 | 1,338,000,000 | 1,342,000,000 | 1,367,000,000 | 1,392,000,000 | 1,369,000,000 | 1,347,000,000 | 1,309,000,000 | 1,336,000,000 | 1,319,000,000 | 1,315,000,000 | 1,341,000,000 | 1,413,000,000 | 1,410,000,000 | 1,445,000,000 | 1,428,000,000 | 1,451,000,000 | 1,430,000,000 | 1,461,000,000 | 1,416,000,000 | 1,443,000,000 | 1,391,000,000 | 1,365,000,000 | 1,604,000,000 | 1,551,000,000 | 1,603,000,000 | 1,544,000,000 | 1,523,000,000 | 1,500,000,000 | 1,462,000,000 | 1,404,000,000 | 1,459,000,000 | 1,420,000,000 |
total equity | 104,622,000,000 | 105,741,000,000 | 106,345,000,000 | 104,361,000,000 | 102,037,000,000 | 100,575,000,000 | 97,668,000,000 | 97,539,000,000 | 95,726,000,000 | 93,799,000,000 | 99,088,000,000 | 96,502,000,000 | 94,219,000,000 | 92,463,000,000 | 88,783,000,000 | 87,357,000,000 | 85,175,000,000 | 83,200,000,000 | 78,489,000,000 | 75,112,000,000 | 72,683,000,000 | 69,272,000,000 | 66,530,000,000 | 64,113,000,000 | 61,653,000,000 | 60,312,000,000 | 57,947,000,000 | 57,460,000,000 | 53,575,000,000 | 28,451,000,000 | 25,037,000,000 | 21,983,000,000 | 20,744,000,000 | 20,103,000,000 | 14,542,000,000 | 12,874,000,000 | 10,759,000,000 |
total liabilities and equity | 417,882,000,000 | 404,258,000,000 | 388,331,000,000 | 383,285,000,000 | 380,364,000,000 | 384,711,000,000 | 381,164,000,000 | 379,146,000,000 | 380,158,000,000 | 380,255,000,000 | 384,830,000,000 | 379,955,000,000 | 377,716,000,000 | 379,680,000,000 | 375,090,000,000 | 370,147,000,000 | 365,716,000,000 | 366,596,000,000 | 353,457,000,000 | 349,190,000,000 | 345,573,000,000 | 316,481,000,000 | 296,994,000,000 | 293,259,000,000 | 294,500,000,000 | 284,875,000,000 | 283,108,000,000 | 283,947,000,000 | 263,303,000,000 | 254,682,000,000 | 246,731,000,000 | 239,498,000,000 | 231,870,000,000 | 244,587,000,000 | 242,073,000,000 | 240,753,000,000 | 235,790,000,000 |
deposits for wireless licenses | 45,910,000,000 | 45,490,000,000 | |||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 640,000,000 | -71,000,000 | -812,000,000 | -1,274,000,000 | 1,104,000,000 | 1,447,000,000 | 2,216,000,000 | 3,205,000,000 | 2,683,000,000 | 2,609,000,000 | 2,758,000,000 | 2,847,000,000 | 459,000,000 | 600,000,000 | 821,000,000 | 916,000,000 | |||||||||||||||||||||
deferred compensation – employee stock ownership plans and other | 282,000,000 | 335,000,000 | 296,000,000 | 237,000,000 | 149,000,000 | 197,000,000 | 165,000,000 | 125,000,000 | 285,000,000 | 411,000,000 | 290,000,000 | 445,000,000 | 408,000,000 | 593,000,000 | 378,000,000 | 326,000,000 | 279,000,000 | ||||||||||||||||||||
less allowance for doubtful accounts | |||||||||||||||||||||||||||||||||||||
less: allowance for credit losses | 1,055,000,000 | ||||||||||||||||||||||||||||||||||||
less: allowance for doubtful accounts | |||||||||||||||||||||||||||||||||||||
assets held for sale | 275,000,000 | 149,000,000 | 317,000,000 | 720,000,000 | 895,000,000 | 774,000,000 | 893,000,000 | ||||||||||||||||||||||||||||||
plant, property and equipment | 242,608,000,000 | 235,550,000,000 | 228,909,000,000 | 225,756,000,000 | 222,669,000,000 | 216,674,000,000 | 213,661,000,000 | 210,389,000,000 | |||||||||||||||||||||||||||||
non-current assets held for sale | 762,000,000 | 10,432,000,000 | 10,117,000,000 | 9,647,000,000 | 9,580,000,000 | ||||||||||||||||||||||||||||||||
other | 8,316,000,000 | 8,131,000,000 | 8,444,000,000 | 8,515,000,000 | 8,477,000,000 | 9,046,000,000 | 9,029,000,000 | 8,513,000,000 | |||||||||||||||||||||||||||||
contributed capital | 11,098,000,000 | 11,161,000,000 | 11,179,000,000 | 11,192,000,000 | 11,191,000,000 | 11,184,000,000 | 11,167,000,000 | 10,391,000,000 | |||||||||||||||||||||||||||||
reinvested earnings | 19,373,000,000 | 16,153,000,000 | 12,918,000,000 | 11,652,000,000 | 13,253,000,000 | 8,156,000,000 | 6,418,000,000 | 4,422,000,000 | |||||||||||||||||||||||||||||
short-term investments | 306,000,000 | 309,000,000 | 547,000,000 | ||||||||||||||||||||||||||||||||||
liabilities related to assets held for sale | 452,000,000 | 461,000,000 | 457,000,000 | 572,000,000 | |||||||||||||||||||||||||||||||||
non-current liabilities related to assets held for sale | 974,000,000 | 940,000,000 | 942,000,000 | 943,000,000 | |||||||||||||||||||||||||||||||||
deposit for wireless licenses | 10,430,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 5,146,000,000 | 2,448,000,000 | 5,056,000,000 | 5,121,000,000 | 4,983,000,000 | 5,114,000,000 | 3,411,000,000 | 4,702,000,000 | 4,722,000,000 | -2,573,000,000 | 4,884,000,000 | 4,766,000,000 | 5,018,000,000 | 6,698,000,000 | 5,024,000,000 | 5,315,000,000 | 4,711,000,000 | 4,737,000,000 | 6,554,000,000 | 5,949,000,000 | 5,378,000,000 | 4,718,000,000 | 4,504,000,000 | 4,839,000,000 | 4,287,000,000 | 5,337,000,000 | 4,074,000,000 | 5,160,000,000 | 3,553,000,000 | 3,747,000,000 | 831,000,000 | 4,430,000,000 | 4,171,000,000 | 4,353,000,000 | 4,338,000,000 | 1,072,000,000 | 1,271,000,000 | 1,683,000,000 | 1,495,000,000 | 1,032,000,000 | 1,922,000,000 | 1,611,000,000 | 1,632,000,000 | ||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 4,892,000,000 | 4,519,000,000 | 4,618,000,000 | 4,635,000,000 | 4,577,000,000 | 4,506,000,000 | 4,458,000,000 | 4,483,000,000 | 4,445,000,000 | 4,516,000,000 | 4,431,000,000 | 4,359,000,000 | 4,318,000,000 | 4,218,000,000 | 4,324,000,000 | 4,321,000,000 | 4,236,000,000 | 4,051,000,000 | 3,961,000,000 | 4,020,000,000 | 4,174,000,000 | 4,197,000,000 | 4,192,000,000 | 4,181,000,000 | 4,150,000,000 | 4,114,000,000 | 4,232,000,000 | 4,231,000,000 | 4,059,000,000 | 3,942,000,000 | 3,982,000,000 | 4,017,000,000 | 4,009,000,000 | 3,980,000,000 | 3,989,000,000 | 3,666,000,000 | 3,605,000,000 | 3,573,000,000 | 3,533,000,000 | 3,518,000,000 | 3,447,000,000 | ||||||||||||
employee retirement benefits | -117,000,000 | 581,000,000 | 113,000,000 | 188,000,000 | 143,000,000 | -521,000,000 | 115,000,000 | 292,000,000 | 62,000,000 | 1,045,000,000 | 53,000,000 | 54,000,000 | 54,000,000 | -2,525,000,000 | 600,000,000 | 89,000,000 | -210,000,000 | -1,463,000,000 | -109,000,000 | -1,566,000,000 | -253,000,000 | -27,000,000 | 899,000,000 | -111,000,000 | 510,000,000 | 3,665,000,000 | 356,000,000 | 623,000,000 | 277,000,000 | 284,000,000 | 430,000,000 | 428,000,000 | 432,000,000 | 430,000,000 | 423,000,000 | 460,000,000 | 517,000,000 | 523,000,000 | 439,000,000 | 426,000,000 | 435,000,000 | 267,000,000 | 358,000,000 | 1,054,000,000 | 2,818,000,000 | 60,000,000 | 248,000,000 | -78,000,000 | |||||
deferred income taxes | 703,000,000 | 531,000,000 | 1,714,000,000 | -37,000,000 | 132,000,000 | 568,000,000 | -35,000,000 | 141,000,000 | 141,000,000 | 1,566,000,000 | 189,000,000 | 302,000,000 | 331,000,000 | 1,378,000,000 | 81,000,000 | 887,000,000 | 627,000,000 | 1,294,000,000 | 992,000,000 | 1,216,000,000 | 762,000,000 | 1,023,000,000 | 650,000,000 | 482,000,000 | 129,000,000 | 459,000,000 | 2,025,000,000 | 754,000,000 | -3,252,000,000 | 167,000,000 | 64,000,000 | 3,000,000 | 823,000,000 | -300,000,000 | 376,000,000 | 110,000,000 | 222,000,000 | -157,000,000 | 495,000,000 | 349,000,000 | 124,000,000 | -592,000,000 | 666,000,000 | 442,000,000 | 310,000,000 | ||||||||
provision for expected credit losses | 581,000,000 | 736,000,000 | 478,000,000 | 548,000,000 | 587,000,000 | 715,000,000 | 504,000,000 | 552,000,000 | 567,000,000 | 618,000,000 | 535,000,000 | 531,000,000 | 530,000,000 | 563,000,000 | 383,000,000 | 337,000,000 | 328,000,000 | 185,000,000 | 195,000,000 | ||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated businesses, inclusive of dividends received | 3,000,000 | 1,000,000 | 12,000,000 | 9,000,000 | 20,000,000 | 29,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
changes in current assets and liabilities, net of effects from acquisition/disposition of businesses | -3,082,000,000 | -736,000,000 | -700,000,000 | -2,618,000,000 | 963,000,000 | -1,041,000,000 | -2,531,000,000 | 1,592,000,000 | 154,000,000 | -774,000,000 | 1,501,000,000 | 1,533,000,000 | -3,492,000,000 | 521,000,000 | 123,000,000 | -41,000,000 | -1,952,000,000 | -4,694,000,000 | -2,943,000,000 | 95,000,000 | -1,162,000,000 | 1,027,000,000 | 1,304,000,000 | -888,000,000 | -295,000,000 | -885,000,000 | -1,116,000,000 | -258,000,000 | -542,000,000 | -1,783,000,000 | -272,000,000 | -759,000,000 | 625,000,000 | ||||||||||||||||||||
other | -142,000,000 | -1,436,000,000 | 11,000,000 | -789,000,000 | -42,000,000 | -294,000,000 | 466,000,000 | 337,000,000 | -336,000,000 | -1,112,000,000 | -926,000,000 | -474,000,000 | -1,198,000,000 | -1,395,000,000 | -1,384,000,000 | -1,613,000,000 | 614,000,000 | 1,062,000,000 | -1,397,000,000 | 811,000,000 | -569,000,000 | 370,000,000 | 337,000,000 | 969,000,000 | 1,104,000,000 | -402,000,000 | 1,862,000,000 | 88,000,000 | -98,000,000 | -1,559,000,000 | -237,000,000 | -771,000,000 | -792,000,000 | -1,569,000,000 | 1,196,000,000 | 1,235,000,000 | 976,000,000 | 1,573,000,000 | 228,000,000 | -715,000,000 | 1,070,000,000 | 721,000,000 | 332,000,000 | 198,000,000 | 357,000,000 | 223,000,000 | -177,000,000 | 545,000,000 | -107,000,000 | 120,000,000 | -161,000,000 | 191,000,000 | -447,000,000 |
net cash from operating activities | 7,984,000,000 | 9,114,000,000 | 11,266,000,000 | 8,975,000,000 | 7,782,000,000 | 10,432,000,000 | 9,911,000,000 | 9,485,000,000 | 7,084,000,000 | 8,677,000,000 | 10,778,000,000 | 9,731,000,000 | 8,289,000,000 | 8,942,000,000 | 10,534,000,000 | 10,844,000,000 | 6,821,000,000 | 8,377,000,000 | 10,724,000,000 | 10,744,000,000 | 9,694,000,000 | 9,296,000,000 | 8,920,000,000 | 14,728,000,000 | 8,824,000,000 | 10,912,000,000 | 8,755,000,000 | 7,081,000,000 | 1,681,000,000 | 4,799,000,000 | 5,411,000,000 | 7,419,000,000 | 9,520,000,000 | 8,737,000,000 | 10,169,000,000 | 8,290,000,000 | 6,457,000,000 | 6,475,000,000 | 4,517,000,000 | 5,855,000,000 | 6,714,000,000 | 5,486,000,000 | 6,051,000,000 | 5,363,000,000 | 5,976,000,000 | 3,936,000,000 | 5,603,000,000 | 5,853,000,000 | 4,038,000,000 | 6,201,000,000 | 5,312,000,000 | 5,157,000,000 | 5,812,000,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -4,201,000,000 | -4,748,000,000 | -4,310,000,000 | -3,808,000,000 | -4,145,000,000 | -5,071,000,000 | -3,948,000,000 | -3,695,000,000 | -4,376,000,000 | -4,603,000,000 | -4,094,000,000 | -4,112,000,000 | -5,958,000,000 | -7,276,000,000 | -5,320,000,000 | -4,670,000,000 | -5,821,000,000 | -6,425,000,000 | -5,145,000,000 | -4,222,000,000 | -4,494,000,000 | -4,024,000,000 | -4,318,000,000 | 0 | 0 | 0 | 0 | 0 | -3,067,000,000 | -4,125,000,000 | -3,886,000,000 | -3,387,000,000 | -4,387,000,000 | -4,488,000,000 | -3,665,000,000 | 0 | -4,277,000,000 | -4,352,000,000 | -4,163,000,000 | 0 | 0 | 0 | -4,066,000,000 | 0 | 0 | 0 | 0 | -3,184,000,000 | -2,643,000,000 | -3,742,000,000 | -2,848,000,000 | -2,827,000,000 | -2,467,000,000 |
free cash flows | 3,783,000,000 | 4,366,000,000 | 6,956,000,000 | 5,167,000,000 | 3,637,000,000 | 5,361,000,000 | 5,963,000,000 | 5,790,000,000 | 2,708,000,000 | 4,074,000,000 | 6,684,000,000 | 5,619,000,000 | 2,331,000,000 | 1,666,000,000 | 5,214,000,000 | 6,174,000,000 | 1,000,000,000 | 1,952,000,000 | 5,579,000,000 | 6,522,000,000 | 5,200,000,000 | 5,272,000,000 | 4,602,000,000 | 14,728,000,000 | 8,824,000,000 | 10,912,000,000 | 8,755,000,000 | 7,081,000,000 | -1,386,000,000 | 674,000,000 | 1,525,000,000 | 4,032,000,000 | 5,133,000,000 | 4,249,000,000 | 6,504,000,000 | 8,290,000,000 | 2,180,000,000 | 2,123,000,000 | 354,000,000 | 5,855,000,000 | 6,714,000,000 | 5,486,000,000 | 1,985,000,000 | 5,363,000,000 | 5,976,000,000 | 3,936,000,000 | 5,603,000,000 | 2,669,000,000 | 1,395,000,000 | 2,459,000,000 | 2,464,000,000 | 2,330,000,000 | 3,345,000,000 |
cash paid related to acquisitions of businesses, net of cash acquired | -9,480,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of wireless licenses | -83,000,000 | -110,000,000 | -106,000,000 | -112,000,000 | -122,000,000 | -132,000,000 | -155,000,000 | -164,000,000 | -449,000,000 | -3,937,000,000 | -774,000,000 | -487,000,000 | -598,000,000 | -763,000,000 | -615,000,000 | -437,000,000 | -1,838,000,000 | -569,000,000 | -1,749,000,000 | -495,000,000 | -44,783,000,000 | -139,000,000 | -186,000,000 | -196,000,000 | -128,000,000 | -151,000,000 | -131,000,000 | -134,000,000 | -122,000,000 | -9,555,000,000 | |||||||||||||||||||||||
net cash from investing activities | -13,573,000,000 | -4,980,000,000 | -4,490,000,000 | -3,438,000,000 | -3,752,000,000 | -5,561,000,000 | -4,003,000,000 | -3,865,000,000 | -5,245,000,000 | -7,824,000,000 | -5,408,000,000 | -4,090,000,000 | -6,110,000,000 | -5,342,000,000 | -8,664,000,000 | -6,661,000,000 | -7,995,000,000 | -10,135,000,000 | -2,617,000,000 | -4,748,000,000 | -49,653,000,000 | -5,043,000,000 | -6,345,000,000 | -4,833,000,000 | -5,192,000,000 | 6,089,000,000 | -3,436,000,000 | -4,425,000,000 | -6,995,000,000 | -13,176,000,000 | -3,607,000,000 | -3,690,000,000 | -3,187,000,000 | -1,748,000,000 | -2,670,000,000 | -2,089,000,000 | -5,328,000,000 | -1,834,000,000 | -2,990,000,000 | -2,094,000,000 | |||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term borrowings | 5,975,000,000 | 14,316,000,000 | 2,276,000,000 | 4,000,000 | 20,000,000 | 12,000,000 | 3,110,000,000 | 19,000,000 | 496,000,000 | 999,000,000 | 504,000,000 | 2,469,000,000 | 988,000,000 | 13,000,000 | 3,604,000,000 | 552,000,000 | 1,038,000,000 | 61,000,000 | 31,383,000,000 | 13,435,000,000 | 3,082,000,000 | 3,457,000,000 | 5,848,000,000 | 2,123,000,000 | 4,106,000,000 | 2,131,000,000 | 13,054,000,000 | 0 | 0 | 6,497,000,000 | 0 | 0 | 1,978,000,000 | 1,424,000,000 | 25,000,000 | -13,000,000 | 0 | 3,971,000,000 | 1,478,000,000 | 0 | 8,000,000 | 2,000,000 | 0 | 500,000,000 | 1,822,000,000 | 16,000,000 | 869,000,000 | 1,946,000,000 | |||||
proceeds from asset-backed long-term borrowings | 6,154,000,000 | 1,998,000,000 | 2,378,000,000 | 2,181,000,000 | 2,781,000,000 | 4,193,000,000 | 2,401,000,000 | 3,318,000,000 | 2,510,000,000 | 1,938,000,000 | 951,000,000 | 1,951,000,000 | 1,754,000,000 | 4,793,000,000 | 886,000,000 | 1,508,000,000 | 3,545,000,000 | 5,688,000,000 | 0 | 1,695,000,000 | 1,000,000,000 | 1,196,000,000 | 1,595,000,000 | 0 | 2,844,000,000 | 0 | 2,865,000,000 | 1,117,000,000 | 1,283,000,000 | ||||||||||||||||||||||||
repayments of long-term borrowings and finance lease obligations | -4,258,000,000 | -3,823,000,000 | -1,999,000,000 | -3,084,000,000 | -2,446,000,000 | -5,231,000,000 | -904,000,000 | -1,211,000,000 | -4,508,000,000 | -613,000,000 | -2,968,000,000 | -1,275,000,000 | -1,325,000,000 | -615,000,000 | -596,000,000 | -849,000,000 | -6,556,000,000 | -6,159,000,000 | -345,000,000 | -7,257,000,000 | -302,000,000 | -922,000,000 | -320,000,000 | ||||||||||||||||||||||||||||||
repayments of asset-backed long-term borrowings | -6,828,000,000 | -2,000,000,000 | -1,925,000,000 | -1,923,000,000 | -2,589,000,000 | -2,332,000,000 | -2,150,000,000 | -2,600,000,000 | -1,408,000,000 | -714,000,000 | -1,346,000,000 | -1,452,000,000 | -931,000,000 | -1,301,000,000 | -952,000,000 | -1,045,000,000 | -1,650,000,000 | -913,000,000 | -894,000,000 | -2,261,000,000 | -732,000,000 | -687,000,000 | -2,114,000,000 | ||||||||||||||||||||||||||||||
dividends paid | -2,910,000,000 | -2,912,000,000 | -2,857,000,000 | -2,856,000,000 | -2,856,000,000 | -2,850,000,000 | -2,801,000,000 | -2,802,000,000 | -2,796,000,000 | -2,794,000,000 | -2,744,000,000 | -2,743,000,000 | -2,744,000,000 | -2,739,000,000 | -2,688,000,000 | -2,724,000,000 | -2,654,000,000 | -2,648,000,000 | -2,599,000,000 | -2,597,000,000 | -2,601,000,000 | -2,596,000,000 | -2,546,000,000 | -2,354,000,000 | -2,303,000,000 | -2,303,000,000 | -2,302,000,000 | -2,107,000,000 | -2,113,000,000 | -2,153,000,000 | -1,186,000,000 | -1,164,000,000 | -1,179,000,000 | -1,185,000,000 | -1,066,000,000 | -1,065,000,000 | -1,064,000,000 | -1,060,000,000 | -1,059,000,000 | -1,056,000,000 | |||||||||||||
purchase of common stock for treasury | -2,500,000,000 | -60,000,000 | -74,000,000 | -5,000,000,000 | -782,000,000 | -525,000,000 | -427,000,000 | -398,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -5,278,000,000 | 7,209,000,000 | -2,551,000,000 | -4,378,000,000 | -5,893,000,000 | -5,623,000,000 | -4,415,000,000 | -5,634,000,000 | -1,428,000,000 | -3,016,000,000 | -6,055,000,000 | -3,203,000,000 | -2,383,000,000 | -3,076,000,000 | -1,616,000,000 | -4,082,000,000 | 245,000,000 | -5,192,000,000 | -3,081,000,000 | -11,406,000,000 | 27,956,000,000 | 9,062,000,000 | -1,505,000,000 | -8,795,000,000 | 2,563,000,000 | 4,579,000,000 | 3,977,000,000 | -14,489,000,000 | -2,607,000,000 | -4,228,000,000 | -3,120,000,000 | -3,205,000,000 | -2,791,000,000 | -3,430,000,000 | -3,248,000,000 | -3,830,000,000 | -3,175,000,000 | -2,048,000,000 | -920,000,000 | -3,552,000,000 | -5,466,000,000 | -1,021,000,000 | |||||||||||
decrease in cash, cash equivalents and restricted cash | -10,867,000,000 | -204,000,000 | 254,000,000 | 101,000,000 | -929,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 19,499,000,000 | 0 | 0 | 0 | 4,635,000,000 | 0 | 0 | 0 | 3,497,000,000 | 0 | 0 | 0 | 4,111,000,000 | 0 | 0 | 0 | 4,161,000,000 | 0 | 0 | 0 | 23,498,000,000 | 0 | 0 | 0 | 3,917,000,000 | 0 | 0 | 3,916,000,000 | |||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 8,632,000,000 | 11,343,000,000 | 4,225,000,000 | 1,159,000,000 | 2,772,000,000 | -752,000,000 | 1,493,000,000 | -14,000,000 | 3,908,000,000 | -2,163,000,000 | -685,000,000 | 2,438,000,000 | 3,907,000,000 | 524,000,000 | 254,000,000 | 101,000,000 | 3,232,000,000 | -6,950,000,000 | 5,026,000,000 | -5,410,000,000 | 11,495,000,000 | 13,315,000,000 | 1,070,000,000 | 789,000,000 | 8,324,000,000 | 1,086,000,000 | -417,000,000 | 3,537,000,000 | |||||||||||||||||||||||||
verizon business group goodwill impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in current assets and liabilities, net of effects from acquisition/disposition of businesses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | |||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities and other current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash, cash equivalents and restricted cash | 11,343,000,000 | 4,225,000,000 | 1,159,000,000 | -1,863,000,000 | -752,000,000 | 1,493,000,000 | -14,000,000 | 411,000,000 | -685,000,000 | -6,950,000,000 | 5,026,000,000 | -5,410,000,000 | -12,003,000,000 | 13,315,000,000 | 1,070,000,000 | 789,000,000 | 4,407,000,000 | ||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated businesses, net of dividends received | 14,000,000 | 15,000,000 | 20,000,000 | 39,000,000 | 10,000,000 | 3,000,000 | 5,000,000 | -25,000,000 | 7,000,000 | 4,000,000 | 7,000,000 | 6,000,000 | 19,000,000 | 24,000,000 | 21,000,000 | 20,000,000 | 26,000,000 | 14,000,000 | 29,000,000 | 21,000,000 | 28,000,000 | 36,000,000 | 29,000,000 | 29,000,000 | |||||||||||||||||||||||||||||
cash received related to acquisitions of businesses, net of cash acquired | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
collateral receipts (payments) related to derivative contracts | -380,000,000 | 92,000,000 | 8,000,000 | -432,000,000 | 718,000,000 | -662,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of business | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from (repayments of) short-term commercial paper | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from short-term commercial paper | 2,347,000,000 | 342,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash received related to acquisitions of businesses | |||||||||||||||||||||||||||||||||||||||||||||||||||||
collateral repayments (payments) related to derivative contracts | 367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
collateral payments related to derivative contracts, net of repayments | 2,592,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired | -3,606,000,000 | -1,000,000 | -50,000,000 | -408,000,000 | -13,000,000 | -108,000,000 | -1,746,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
media goodwill impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||
discretionary employee benefits contributions | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions of businesses | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from expected credit losses | 224,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale of divested businesses | |||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for uncollectible accounts | 553,000,000 | 319,000,000 | 330,000,000 | 312,000,000 | 298,000,000 | 353,000,000 | 392,000,000 | 361,000,000 | 383,000,000 | 306,000,000 | 243,000,000 | 217,000,000 | 281,000,000 | 118,000,000 | 316,000,000 | 253,000,000 | 347,000,000 | 417,000,000 | 274,000,000 | 316,000,000 | 364,000,000 | 118,000,000 | 394,000,000 | 511,000,000 | 388,000,000 | 479,000,000 | 425,000,000 | ||||||||||||||||||||||||||
benefit from uncollectible accounts | 393,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on sale of divested businesses | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of divested businesses | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term borrowings and capital lease obligations | -5,592,000,000 | -3,210,000,000 | -10,924,000,000 | -376,000,000 | -1,371,000,000 | -221,000,000 | -5,576,000,000 | -183,000,000 | -1,497,000,000 | -3,314,000,000 | -6,129,000,000 | -2,716,000,000 | -2,049,000,000 | -1,889,000,000 | -297,000,000 | -4,985,000,000 | -3,588,000,000 | ||||||||||||||||||||||||||||||||||||
decrease in short-term obligations, excluding current maturities | -52,000,000 | -56,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
discretionary contributions to qualified pension plans | -3,411,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 1,427,000,000 | 1,376,000,000 | 59,000,000 | -645,000,000 | -1,918,000,000 | 1,389,000,000 | 660,000,000 | -63,000,000 | 473,000,000 | -99,000,000 | -47,000,000 | -74,000,000 | -3,299,000,000 | 2,697,000,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 2,880,000,000 | 0 | 0 | 4,470,000,000 | 0 | 0 | 10,598,000,000 | 0 | 0 | 3,219,000,000 | 0 | 0 | 776,000,000 | 0 | 0 | 2,290,000,000 | -30,000,000 | 0 | 699,000,000 | 0 | -16,000,000 | 1,438,000,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 4,307,000,000 | 3,584,000,000 | -2,989,000,000 | 5,846,000,000 | 867,000,000 | -1,378,000,000 | 4,386,000,000 | 59,000,000 | -645,000,000 | 1,301,000,000 | 660,000,000 | -63,000,000 | 1,249,000,000 | -789,000,000 | 713,000,000 | 692,000,000 | 8,000,000 | 8,000,000 | 600,000,000 | -74,000,000 | -3,315,000,000 | 4,135,000,000 | |||||||||||||||||||||||||||||||
proceeds from sale of common stock | 0 | 0 | 3,000,000 | 480,000,000 | 241,000,000 | 443,000,000 | 110,000,000 | 59,000,000 | 46,000,000 | 5,000,000 | 64,000,000 | 5,000,000 | 7,000,000 | 25,000,000 | 129,000,000 | 11,000,000 | 80,000,000 | 222,000,000 | 146,000,000 | 215,000,000 | 256,000,000 | ||||||||||||||||||||||||||||||||
acquisitions of investments and businesses, net of cash acquired | -17,000,000 | -161,000,000 | 20,000,000 | -3,223,000,000 | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term obligations, excluding current maturities | 650,000,000 | -40,000,000 | -588,000,000 | 482,000,000 | -941,000,000 | -2,638,000,000 | 141,000,000 | 6,113,000,000 | -754,000,000 | 2,623,000,000 | -38,000,000 | -3,253,000,000 | 4,040,000,000 | 334,000,000 | 682,000,000 | 572,000,000 | -467,000,000 | 1,576,000,000 | |||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | 867,000,000 | -1,378,000,000 | -6,212,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated businesses, net of dividends received | 26,000,000 | 28,000,000 | 44,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions of wireless licenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities-continuing operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of businesses | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary item, net of tax | 0 | 0 | 0 | 131,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of accounting change, net of tax | 0 | 0 | 0 | 42,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities – continuing operations | 8,290,000,000 | 6,457,000,000 | 6,518,000,000 | 5,044,000,000 | 5,094,000,000 | 6,651,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities – discontinued operations | 0 | -43,000,000 | -527,000,000 | 761,000,000 | 63,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired, and investments | -68,000,000 | -505,000,000 | -124,000,000 | -434,000,000 | -55,000,000 | 1,526,000,000 | -21,000,000 | -34,000,000 | -65,000,000 | -64,000,000 | -864,000,000 | -169,000,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of businesses | 0 | 0 | 0 | 117,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net change in short-term and other current investments | 538,000,000 | 627,000,000 | 518,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities – continuing operations | -3,607,000,000 | -3,690,000,000 | -3,944,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities – discontinued operations | 0 | 0 | 0 | 757,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities – continuing operations | -2,791,000,000 | -3,430,000,000 | -3,248,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities – discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities – continuing operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated businesses | -147,000,000 | -185,000,000 | -160,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net change in short-term investments | 519,000,000 | 466,000,000 | 282,000,000 | 495,000,000 | 590,000,000 | 436,000,000 | 404,000,000 | 297,000,000 | 237,000,000 | 415,000,000 | 477,000,000 | 282,000,000 | |||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 3,628,000,000 | 3,543,000,000 | 3,776,000,000 | 3,460,000,000 | 3,440,000,000 | 3,428,000,000 | 3,366,000,000 | 3,385,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income from unconsolidated businesses | -186,000,000 | -212,000,000 | -271,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations | 1,869,000,000 | 2,113,000,000 | 1,757,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile income before discontinued operations to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations and cumulative effect of accounting change | 1,748,000,000 | 1,797,000,000 | 1,199,000,000 | -1,458,000,000 | 1,791,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile income before discontinued operations and cumulative effect of accounting change to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from unconsolidated businesses | -777,000,000 | -438,000,000 | -228,000,000 | -166,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from spectrum payment refund | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of businesses and assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of accounting change | 1,758,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile income before cumulative effect of accounting change to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income before extraordinary item and cumulative effect of accounting change | |||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile income before extraordinary item and cumulative effect of accounting change to net cash from operating activities: |