Verizon communications inc. (VZA)
CashFlow / TTM
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'09Mar'09
Cash Flows from Operating Activities
Net Income

18,915

19,788

16,636

16,361

16,533

16,039

32,757

31,431

31,663

30,550

16,367

16,378

12,731

13,608

14,521

14,945

18,467

18,375

10,714

10,337

10,308

11,956

22,020

23,804

24,678

23,547

13,705

12,419

11,506

10,557

12,271

11,521

10,840

10,198

15,058

14,214

11,163

10,217

7,913

8,102

10,709

11,601

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense

16,601

16,682

16,929

17,192

17,310

17,403

17,507

17,402

17,219

16,954

16,485

16,155

15,970

15,928

15,980

16,047

16,045

16,017

16,046

16,204

16,385

16,533

16,648

16,635

16,625

16,606

16,560

16,573

16,550

16,460

16,503

16,515

16,500

16,496

16,399

16,243

16,307

16,405

16,565

16,714

16,628

16,534

0

0

0

Employee retirement benefits

-90

-284

-1,876

-2,651

-2,701

-2,657

-112

363

400

440

-2,160

-1,539

2,238

2,705

1,600

1,713

-1,675

-1,747

8,471

8,129

8,133

8,130

-4,858

-4,844

-5,066

-5,052

7,721

7,801

8,118

8,198

7,124

7,451

7,428

7,426

-294

726

3,818

3,988

6,141

5,532

3,005

2,964

0

0

0

Deferred income taxes

686

1,232

-564

-377

146

389

-15,017

-14,989

-15,786

-14,463

3,845

3,902

795

-1,063

295

-395

2,860

3,516

-116

481

886

-92

3,688

4,226

4,752

5,785

394

-377

-730

-952

-459

-487

-357

-223

3,523

3,959

1,578

3,233

1,032

1,572

3,934

2,093

0

0

0

Provision for uncollectible accounts

1,822

1,588

1,412

1,256

1,060

980

1,024

997

1,076

1,167

1,299

1,401

1,397

1,420

1,437

1,517

1,580

1,610

1,547

1,366

1,247

1,095

931

959

964

993

1,009

958

954

972

981

1,049

1,034

1,026

1,078

1,064

1,145

1,246

1,311

1,343

1,319

1,306

0

0

0

Equity in losses of unconsolidated businesses, net of dividends received

-79

-74

-4

-13

-222

-231

-308

-318

-119

-117

-144

-147

-137

-138

-123

-113

-112

-127

-140

-170

-195

1,743

1,787

1,848

2,010

102

-174

-131

-180

-77

263

-82

-33

-36

-22

-34

-36

-2

-450

11

-386

-389

0

0

0

Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses:
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses

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

Discretionary employee benefits contributions

0

300

300

300

979

1,679

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

4,415

3,399

1,052

1,889

436

219

924

1,357

646

676

-1,353

-3,577

-2,505

-3,099

-1,464

-900

-3,239

-1,350

-1,001

-1,057

-2,071

-3,088

-9,101

-7,450

-4,173

-2,954

-3,682

-3,631

-3,642

-3,423

3,208

2,818

2,987

2,900

3,034

3,231

1,908

1,930

492

253

968

986

0

0

0

Net cash provided by operating activities

37,489

35,746

34,843

33,742

34,772

34,339

34,087

31,445

29,590

24,318

20,440

18,087

15,568

21,689

28,289

32,993

36,319

38,991

35,900

34,733

33,661

30,631

33,588

36,474

38,426

38,818

35,115

33,363

33,060

31,486

33,026

32,259

30,702

29,780

29,761

29,348

31,314

33,363

33,386

34,060

31,852

31,390

0

0

0

Cash Flows from Investing Activities
Capital expenditures (including capitalized software)

-

-

-

-

-

-

0

0

18,732

-

16,943

16,797

16,739

17,059

16,633

16,895

17,497

17,775

17,107

16,850

16,706

17,191

17,421

17,482

17,152

16,604

16,667

16,361

16,212

16,175

15,013

14,756

15,446

16,244

17,260

17,757

17,398

16,458

16,166

16,397

16,588

16,872

0

0

0

Acquisitions of businesses, net of cash acquired

0

29

220

220

0

230

-328

-313

4,166

5,880

9,049

9,818

5,350

3,765

1,303

498

3,704

3,545

3,207

3,228

27

182

593

597

630

494

156

786

794

913

957

332

1,833

1,797

1,303

1,782

482

652

0

0

0

-

-

-

-

Payments to Acquire Intangible Assets

1,004

898

421

473

563

1,429

1,421

1,423

1,357

583

593

567

599

534

541

547

518

9,942

9,822

9,760

9,696

354

493

587

676

580

912

4,529

4,390

4,298

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of licenses, investments and businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net change in short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-9

-27

-35

-74

-61

-61

3

28

52

36

-84

0

0

0

Other, net

-167

-1,257

-623

315

292

-383

-479

-1,157

-1,450

-1,640

-2,649

-1,884

-1,818

-1,602

-588

-818

-1,395

-1,198

-114

-37

559

616

-780

-844

-582

-734

-189

-581

-621

-521

-548

-371

-950

-977

-1,045

-881

-205

-251

310

437

282

410

0

0

0

Net cash used in investing activities

-19,758

-17,581

-16,955

-17,795

-17,452

-17,934

-18,605

-17,925

-19,191

-18,456

-20,322

-21,786

-10,988

-9,874

-7,959

-7,192

-20,276

-30,016

-30,022

-29,681

-24,501

-15,856

-15,240

-13,344

-15,765

-14,833

-15,100

-20,753

-20,428

-20,502

-19,263

-14,962

-16,548

-17,250

-18,406

-19,383

-15,806

-15,054

-15,268

-15,421

-18,020

-23,156

0

0

0

Cash Flows from Financing Activities
Proceeds from long-term borrowings

13,796

10,079

8,395

7,620

6,142

5,967

11,724

16,282

16,609

27,707

0

0

0

-

-

-

-

6,667

15,889

17,219

20,512

30,967

21,575

68,912

65,618

49,166

0

0

0

-

-

-

-

11,060

0

0

0

-

-

-

-

12,040

0

0

0

Proceeds from asset-backed long-term borrowings

10,303

8,576

5,576

7,076

4,749

4,810

4,628

3,128

4,185

4,290

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term borrowings and finance lease obligations

16,321

17,584

13,633

13,985

10,902

10,923

17,156

20,111

21,229

23,837

21,106

18,153

24,375

19,159

16,682

14,843

4,140

9,340

12,243

12,149

15,294

17,669

18,365

17,150

16,041

8,163

5,917

6,842

4,648

6,403

7,263

6,340

13,081

11,805

7,615

10,898

8,169

8,136

8,235

5,681

2,914

19,260

0

0

0

Repayments of asset-backed long-term borrowings

7,718

6,302

5,993

4,452

4,448

3,635

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in short-term obligations, excluding current maturities

-

-

-

-

-

-

-

-

-

-

-

0

-161

-

-159

372

-866

-344

-354

-860

-245

-475

-244

569

-471

-142

-2,136

-982

878

-1,437

486

29

-2,190

1,928

1,817

12

1,384

-1,097

-1,295

-1,646

-9,657

-1,652

0

0

0

Dividends paid

10,074

10,016

9,963

9,908

9,854

9,772

9,688

9,607

9,525

9,472

9,421

9,367

9,314

9,262

9,073

8,877

8,687

8,538

8,523

8,486

8,439

7,803

7,169

6,573

5,981

5,936

5,763

5,589

5,411

5,230

5,303

5,383

5,467

5,555

5,517

5,481

5,444

5,412

5,385

5,347

5,311

5,271

0

0

0

Proceeds from sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

43

45

63

85

113

179

302

315

380

329

240

241

0

0

0

-

-

-

-

-

-

-

-

Purchase of common stock for treasury

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,134

0

0

0

-

-

-

-

153

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,886

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Special distribution to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-2,930

-2,917

-1,639

-1,906

-2,405

-1,824

-3,168

-3,360

-1,824

-4,439

-3,349

-2,857

-4,612

-2,905

-2,744

-2,723

-935

1,577

1,113

1,530

785

-3,873

-4,794

-6,059

-6,381

-5,257

-5,843

-5,449

-5,198

-4,662

-2,723

-2,291

-1,874

-1,705

-1,759

-1,764

-1,902

-2,088

-2,108

-2,024

-1,880

-1,864

0

0

0

Net cash provided by (used in) financing activities

-12,944

-18,164

-17,257

-15,555

-16,718

-15,377

-16,975

-15,916

-12,132

-6,151

-1,759

5,698

-6,026

-13,376

-17,773

-25,961

-14,592

-15,112

-9,221

-7,820

-7,681

-57,705

-67,840

-19,142

-25,229

26,450

26,981

-20,823

-13,066

-21,253

-14,373

-13,536

-22,252

-5,836

-6,425

-8,486

-4,538

-13,650

-13,940

-14,698

-14,774

-16,007

0

0

0

Increase (decrease) in cash, cash equivalents and restricted cash

4,787

1

631

392

602

1,028

-1,493

-2,396

-1,733

-289

-1,641

1,999

-1,446

-1,561

2,557

-160

1,451

-6,137

-3,343

-2,768

1,479

-42,930

-49,492

3,988

-2,568

50,435

46,996

-8,213

-434

-10,269

-610

3,761

-8,098

6,694

4,930

1,479

10,970

4,659

4,178

3,941

-942

-7,773

0

0

0