Verizon communications inc. (VZA)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current assets
Cash and cash equivalents

7,047

2,594

3,020

1,949

2,322

2,745

2,538

1,750

1,923

2,079

4,487

4,583

4,307

2,880

6,441

2,857

5,846

4,470

3,875

3,008

4,386

10,598

7,218

5,776

2,907

53,528

56,710

1,788

5,475

3,093

9,714

10,001

5,909

13,362

10,324

6,240

14,007

6,668

5,394

4,761

3,037

2,009

1,216

820

9,782

Accounts receivable

24,852

26,162

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Receivable, Allowance for Credit Loss, Current

1,055

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Allowance for doubtful accounts

0

733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

306

309

547

555

635

648

637

601

631

618

660

470

593

777

623

592

534

588

723

545

581

464

520

490

474

360

509

Accounts Receivable, after Allowance for Credit Loss, Current

23,797

25,429

24,713

24,926

24,469

25,102

24,012

23,099

22,595

23,493

21,549

19,771

16,863

17,513

14,832

13,294

12,485

13,457

13,105

13,444

12,698

13,993

13,283

12,966

12,131

12,439

12,111

12,216

11,814

12,576

12,030

11,595

11,234

11,776

11,648

11,483

11,028

11,781

11,973

12,058

11,969

12,573

12,489

12,170

11,703

Inventories

1,633

1,422

1,538

1,167

1,417

1,336

1,270

1,102

1,285

1,034

1,276

1,116

1,194

1,202

1,318

931

1,142

1,252

1,319

1,149

1,076

1,153

1,206

1,073

881

1,020

1,193

1,040

798

1,075

1,223

856

1,063

940

1,153

1,270

1,245

1,131

1,010

985

1,113

1,426

2,554

2,775

2,092

Assets held for sale

-

-

-

-

-

-

-

-

-

-

275

-

149

882

-

317

720

792

895

774

893

552

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

8,228

8,028

5,624

5,266

5,189

5,453

5,334

4,925

5,222

3,307

3,280

3,353

4,645

3,918

3,030

3,445

3,422

2,034

2,268

2,818

3,236

2,685

2,431

2,424

6,716

3,406

3,060

6,295

6,511

4,021

4,103

3,901

4,683

4,269

4,111

2,891

2,920

2,223

2,383

2,793

5,766

5,247

5,290

5,339

1,989

Total current assets

40,705

37,473

34,895

33,308

33,397

34,636

33,154

30,876

31,025

29,913

30,867

28,823

27,158

26,395

25,621

20,844

23,615

22,355

21,768

21,502

22,836

29,536

24,773

22,887

23,272

70,994

73,705

21,957

25,258

21,235

27,663

27,130

23,512

30,939

27,770

22,472

29,923

22,348

21,341

21,061

22,405

21,745

22,023

21,464

26,075

Property, plant and equipment

268,993

265,734

260,053

257,395

254,457

252,835

252,030

249,294

246,877

246,498

242,608

239,226

235,550

232,215

228,909

225,756

222,669

220,163

216,674

213,661

210,389

230,508

230,452

227,475

223,841

220,865

218,336

215,224

212,082

209,575

216,995

217,739

218,250

215,626

214,798

212,949

211,704

211,655

217,859

234,727

231,771

229,743

226,470

224,150

215,605

Less accumulated depreciation

176,816

173,819

171,204

169,577

166,608

163,549

164,566

161,513

158,955

157,930

155,986

152,705

150,337

147,464

145,495

142,584

139,658

136,622

134,112

131,129

128,747

140,561

140,520

137,763

134,785

131,909

129,809

126,892

123,901

120,933

129,185

129,844

130,064

127,192

125,955

123,552

123,459

123,944

130,429

142,626

139,937

137,758

135,636

133,848

129,059

Property, plant and equipment, net

92,177

91,915

88,849

87,818

87,849

89,286

87,464

87,781

87,922

88,568

86,622

86,521

85,213

84,751

83,414

83,172

83,011

83,541

82,562

82,532

81,642

89,947

89,932

89,712

89,056

88,956

88,527

88,332

88,181

88,642

87,810

87,895

88,186

88,434

88,843

89,397

88,245

87,711

87,430

92,101

91,834

91,985

90,834

90,302

86,546

Investments in unconsolidated businesses

543

558

628

650

674

671

732

787

994

1,039

1,054

1,075

1,080

1,110

1,119

822

821

796

779

794

762

802

818

852

889

3,432

3,423

3,319

3,321

3,401

3,625

3,539

3,566

3,448

3,461

3,908

3,732

3,497

3,832

3,797

3,685

3,118

3,808

3,513

3,393

Wireless licenses

92,471

95,059

94,433

94,333

94,237

94,130

94,006

93,855

93,677

88,417

87,883

88,004

87,754

86,673

87,407

86,981

86,830

86,575

86,331

86,321

75,693

75,341

75,303

75,270

72,713

75,747

76,503

75,825

75,645

77,744

77,591

73,303

73,294

73,250

73,203

73,151

73,049

72,996

72,719

72,435

72,256

72,067

71,899

71,708

61,974

Goodwill

24,382

24,389

24,570

24,632

24,635

24,614

29,200

29,200

29,121

29,172

28,725

28,527

27,630

27,205

25,970

25,417

25,364

25,331

25,124

25,429

23,303

24,639

24,617

24,663

24,647

24,634

24,339

24,336

24,132

24,139

24,048

23,478

23,465

23,357

23,541

23,480

21,993

21,988

21,933

22,467

22,472

22,472

22,190

22,189

6,035

Finite-Lived Intangible Assets, Net

9,371

9,498

9,264

9,474

9,608

9,775

9,731

9,861

10,014

10,247

10,993

11,143

8,912

8,897

7,692

7,399

8,216

7,592

8,322

7,983

5,779

5,359

5,738

5,781

5,839

5,800

5,732

5,776

5,827

5,933

5,830

5,726

5,744

5,878

5,915

5,945

5,655

5,830

5,915

6,324

6,510

6,764

6,948

7,232

5,199

Operating lease right-of-use assets

22,472

22,694

22,218

22,467

23,105

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current assets held for sale

-

-

-

-

-

-

-

-

-

-

0

90

762

613

-

-

10,432

10,267

10,117

9,647

9,580

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit for wireless licenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,430

921

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,781

Other assets

12,379

10,141

10,018

10,426

10,442

11,717

11,275

10,943

11,763

9,787

8,538

8,795

8,222

8,536

8,275

7,235

6,298

7,718

7,070

6,545

5,765

5,564

5,112

5,262

5,146

4,535

4,446

3,801

3,822

4,128

4,515

5,001

5,154

5,155

5,299

5,403

5,511

5,635

7,682

8,066

8,185

8,756

8,702

8,591

8,349

Total assets

294,500

291,727

284,875

283,108

283,947

264,829

265,562

263,303

264,516

257,143

254,682

252,978

246,731

244,180

239,498

231,870

244,587

244,175

242,073

240,753

235,790

232,109

226,293

224,427

221,562

274,098

276,675

223,346

226,186

225,222

231,082

226,072

222,921

230,461

228,032

223,756

228,108

220,005

220,852

226,251

227,347

226,907

226,404

224,999

202,352

Liabilities and Equity
Current liabilities
Debt maturing within one year

11,175

10,777

7,830

8,773

8,614

7,190

6,502

5,466

6,323

3,453

2,180

1,153

3,707

2,645

3,852

6,803

6,265

6,489

7,264

4,206

4,439

2,735

1,603

2,283

2,152

3,933

8,202

7,961

10,888

4,369

6,335

5,912

3,121

4,849

8,630

6,055

11,823

7,542

5,810

7,874

7,129

7,205

5,443

5,440

4,993

Accounts payable and accrued liabilities

17,419

21,806

19,566

17,633

18,664

22,501

19,342

18,560

17,052

21,232

18,434

17,825

14,826

19,593

18,002

19,090

18,118

19,362

17,721

16,953

15,189

16,680

17,055

16,521

14,984

16,453

15,622

14,671

14,030

16,182

16,003

13,973

13,231

14,689

14,486

14,238

13,810

15,702

16,092

16,905

14,569

15,223

14,643

14,685

13,814

Current operating lease liabilities

3,331

3,261

2,959

3,154

2,997

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

452

463

461

457

572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

9,132

9,024

8,854

8,654

8,332

8,239

8,323

8,303

8,240

8,352

8,316

8,780

8,131

8,102

8,444

8,515

8,477

8,738

9,046

9,029

8,513

8,572

8,231

7,689

8,217

6,664

6,467

6,559

6,571

6,405

6,432

6,468

6,561

11,223

11,520

7,081

7,114

7,353

6,865

7,055

6,365

6,708

7,219

6,243

7,099

Total current liabilities

41,057

44,868

39,209

38,214

38,607

37,930

34,167

32,329

31,615

33,037

28,930

27,758

26,664

30,340

30,298

34,408

33,312

35,052

34,492

30,645

28,713

27,987

26,889

26,493

25,353

27,050

30,291

29,191

31,489

26,956

28,770

26,353

22,913

30,761

34,636

27,374

32,747

30,597

28,767

31,834

28,063

29,136

27,305

26,368

25,906

Long-term debt

106,561

100,712

101,769

104,598

105,045

105,873

106,440

109,174

112,734

113,642

115,317

116,390

112,839

105,433

102,739

92,922

103,615

103,240

105,060

109,465

108,949

110,029

107,627

107,696

107,617

89,658

90,938

41,791

41,993

47,618

46,467

46,479

48,476

50,303

46,285

47,927

49,374

45,252

47,360

49,594

54,424

55,051

57,374

59,469

46,959

Employee benefit obligations

17,617

17,952

18,236

18,040

17,888

18,599

19,660

19,955

20,689

22,112

21,131

21,775

22,079

26,166

28,285

28,059

29,665

29,957

32,962

32,711

33,010

33,280

25,770

26,342

26,977

27,682

33,738

33,835

34,048

34,346

30,904

31,909

32,164

32,957

27,705

27,589

27,543

28,164

31,915

32,435

31,770

32,622

31,881

32,162

32,512

Deferred income taxes

33,709

34,703

34,592

34,225

34,344

33,795

35,712

35,069

34,414

31,232

48,345

47,506

47,847

45,964

44,617

43,825

45,568

45,484

42,896

42,945

42,330

41,563

42,289

42,027

41,597

28,639

25,821

25,696

24,993

24,677

26,474

25,649

25,610

25,060

26,412

24,603

23,578

22,818

21,772

21,324

21,665

19,190

18,652

17,737

11,769

Non-current operating lease liabilities

18,117

18,393

18,214

18,254

18,971

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current liabilities related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

974

959

940

942

943

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

15,786

12,264

12,543

11,830

11,632

13,922

13,496

13,201

12,719

12,433

12,508

12,788

12,265

12,245

11,576

11,912

11,350

11,641

11,181

11,171

11,086

5,574

5,750

5,857

6,167

5,653

5,622

5,677

6,075

6,092

5,839

5,254

5,337

5,472

5,479

5,551

6,002

6,262

6,414

6,591

6,773

6,765

6,610

6,442

6,301

Total long-term liabilities

191,790

184,024

185,354

186,947

187,880

172,189

175,308

177,399

180,556

179,419

-

-

-

189,808

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and Contingencies

-

-

-

-

-

-

0

0

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity
Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued)

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

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 issued in each period)

429

429

429

429

429

429

429

429

429

424

424

424

424

424

424

424

424

424

424

424

424

424

424

424

424

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

Additional paid in capital

13,302

13,419

13,418

13,419

13,418

13,437

13,436

13,438

13,437

11,101

11,098

11,099

11,161

11,182

11,179

11,192

11,191

11,196

11,184

11,167

10,391

11,155

11,089

11,038

10,976

37,939

37,918

37,895

37,894

37,990

37,959

37,932

37,926

37,919

37,912

37,914

37,914

37,922

37,921

40,108

40,108

40,108

40,100

40,102

40,291

Retained earnings

54,557

53,147

50,595

47,945

46,493

43,542

44,091

41,657

39,974

35,635

19,373

18,159

16,153

15,059

12,918

11,652

13,253

11,246

8,156

6,418

4,422

2,447

6,964

5,551

3,534

1,782

-1,768

-2,483

-3,255

-3,734

1,968

1,845

1,444

1,179

4,619

4,656

4,427

4,368

14,621

15,117

16,658

7,260

19,591

19,765

19,250

Accumulated other comprehensive income (loss)

-1,502

998

1,104

1,447

2,216

2,370

3,201

3,205

3,705

2,659

2,683

2,284

2,609

2,673

2,758

2,847

459

550

600

821

916

1,111

1,175

1,188

1,290

2,358

2,118

1,994

2,056

2,235

1,257

1,147

1,398

1,269

1,037

1,354

1,293

1,049

-9,835

-11,140

-11,442

-1,372

-12,058

-12,742

-13,372

Common stock in treasury, at cost (153,438,241 and 155,605,527 shares outstanding)

6,725

6,820

6,822

6,823

6,825

6,986

6,987

6,990

6,992

7,139

7,141

7,142

7,144

7,263

7,264

7,279

7,279

7,416

7,604

7,741

7,093

3,263

3,465

3,638

3,794

3,961

3,970

3,974

3,994

4,071

4,247

4,438

4,735

5,002

5,112

5,132

5,189

5,267

5,276

5,277

5,277

5,000

4,834

4,836

4,839

Deferred compensation – employee stock ownership plans and other

149

222

197

165

125

353

325

285

228

416

411

365

290

449

445

408

593

428

378

326

279

424

390

338

281

421

390

332

312

440

411

-367

-341

308

-298

-259

-246

-200

-189

-149

-118

-89

-90

-86

-79

Noncontrolling interests

1,443

1,440

1,391

1,365

1,604

1,565

1,592

1,551

1,564

1,591

1,603

1,572

1,544

1,508

1,523

1,500

1,462

1,414

1,404

1,459

1,420

1,378

1,391

1,111

1,140

56,580

55,280

53,095

54,278

52,376

54,983

53,278

51,750

49,938

48,464

51,364

49,876

48,343

46,707

45,219

44,190

42,761

41,396

40,149

37,199

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

61,653

62,835

60,312

57,947

57,460

54,710

56,087

53,575

52,345

44,687

28,451

26,761

25,037

24,032

21,983

20,744

20,103

17,842

14,542

12,874

10,759

13,676

17,968

16,012

13,851

95,416

90,265

87,156

87,588

85,533

92,628

90,428

88,421

85,908

87,515

90,712

88,864

86,912

84,624

84,473

84,652

84,143

84,582

82,821

78,905

Total liabilities and equity

294,500

291,727

284,875

283,108

283,947

264,829

265,562

263,303

264,516

257,143

254,682

252,978

246,731

244,180

239,498

231,870

244,587

244,175

242,073

240,753

235,790

232,109

226,293

224,427

221,562

274,098

276,675

223,346

226,186

225,222

231,082

226,072

222,921

230,461

228,032

223,756

228,108

220,005

220,852

226,251

227,347

226,907

226,404

224,999

202,352