Verizon communications inc. (VZA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating Revenues
Revenues

131,868

130,863

126,034

125,980

131,620

127,079

120,550

115,846

110,875

106,565

107,808

97,354

93,469

Operating Expenses
Selling, general and administrative expense

29,896

31,083

28,592

28,102

31,627

41,016

27,089

39,951

35,624

31,366

30,717

41,517

25,967

Depreciation and amortization expense

16,682

17,403

16,954

15,928

16,017

16,533

16,606

16,460

16,496

16,405

16,534

14,610

14,377

Media goodwill impairment

186

4,591

0

0

-

-

-

-

-

-

-

-

-

Total Operating Expenses

101,490

108,585

98,609

96,731

101,005

107,480

88,582

102,686

97,995

91,920

91,830

94,742

77,891

Operating Income (Loss)

30,378

22,278

27,425

29,249

30,615

19,599

31,968

13,160

12,880

14,645

15,978

2,612

15,578

Equity in losses of unconsolidated businesses

-15

-186

-77

-98

-86

1,780

142

324

444

508

553

567

585

Other income, net

-2,900

2,364

-2,021

-3,789

2,631

-1,194

-166

-1,016

-14

54

91

283

211

Interest expense

4,730

4,833

4,733

4,376

4,920

4,915

2,667

2,571

2,827

2,523

3,102

1,819

1,829

Income Before Provision For Income Taxes

22,733

19,623

20,594

20,986

28,240

15,270

29,277

9,897

10,483

12,684

13,520

1,643

14,545

Provision for income taxes

2,945

3,584

-9,956

7,378

9,865

3,314

5,730

-660

285

2,467

1,919

-2,319

3,982

Income Before Discontinued Operations and Extraordinary Item

-

-

-

-

-

-

-

-

-

-

-

-

10,563

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

142

Extraordinary item, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

131

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

19,788

16,039

30,550

13,608

18,375

11,956

23,547

10,557

10,198

10,217

11,601

3,962

10,574

Net income attributable to noncontrolling interests

523

511

449

481

496

2,331

12,050

9,682

7,794

7,668

6,707

6,155

5,053

Net income attributable to Verizon

19,265

15,528

30,101

13,127

17,879

9,625

11,497

875

2,404

2,549

4,894

-2,193

5,521

Basic Earnings Per Common Share
Income before discontinued operations and extraordinary item attributable to Verizon

-

-

-

-

-

-

-

-

-

-

-

-

1

Income from discontinued operations attributable to Verizon, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

0.05

Extraordinary item attributable to Verizon, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-0.05

Net income attributable to Verizon (USD per share)

4.66

3.76

7.37

3.22

4.38

2.42

4.01

0.31

0.85

0.90

1.72

-0.77

1.91

Weighted-average shares outstanding (in shares)

4,138

4,128

4,084

4,080

4,085

3,974

2,866

2,853

2,833

2,830

2,841

2,849

2,898

Diluted Earnings Per Common Share
Income before discontinued operations and extraordinary item attributable to Verizon

-

-

-

-

-

-

-

-

-

-

-

-

1

Income from discontinued operations attributable to Verizon, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

0.05

Extraordinary item attributable to Verizon, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-0.05

Net income attributable to Verizon (USD per share)

4.65

3.76

7.36

3.21

4.37

2.42

4.00

0.31

0.85

0.90

1.72

-0.77

1.90

Weighted-average shares outstanding (in shares)

4,140

4,132

4,089

4,086

4,093

3,981

2,874

2,862

2,839

2,833

2,841

2,849

2,902

Service and Other
Revenues

110,305

108,605

107,145

108,468

114,696

116,122

112,454

-

-

-

-

-

-

Wireless equipment
Revenues

21,563

22,258

18,889

17,512

16,924

10,957

8,096

-

-

-

-

-

-

Cost of services and equipment

22,954

23,323

22,147

22,238

23,119

21,625

16,353

46,275

45,875

44,149

44,579

38,615

37,547

Service
Cost of services and equipment

31,772

32,185

30,916

30,463

30,242

28,306

28,534

-

-

-

-

-

-