VERIZON COMMUNICATIONS INC

VZ
Telephone communications no radiotelephone
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Income StatementBalance SheetCash Flow
Period
Annual Quarterly
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VERIZON COMMUNICATIONS INC back to 2009, every line as filed.

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USD ($)
$ in Millions 		Jun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025Mar 31, 2025Sep 30, 2024Jun 30, 2024Mar 31, 2024Sep 30, 2023Jun 30, 2023Mar 31, 2023Sep 30, 2022Jun 30, 2022Mar 31, 2022Sep 30, 2021Jun 30, 2021Mar 31, 2021Sep 30, 2020Jun 30, 2020Mar 31, 2020Sep 30, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2017Jun 30, 2017Mar 31, 2017Sep 30, 2016Jun 30, 2016Mar 31, 2016Sep 30, 2015Jun 30, 2015Mar 31, 2015Sep 30, 2014Jun 30, 2014Mar 31, 2014Sep 30, 2013Jun 30, 2013Mar 31, 2013Sep 30, 2012Jun 30, 2012Mar 31, 2012Sep 30, 2011Jun 30, 2011Mar 31, 2011Sep 30, 2010Jun 30, 2010Mar 31, 2010Sep 30, 2009Jun 30, 2009
Cash Flows from Operating Activities
                                                    
Net Income
$ 3,949
$ 5,146
$ 5,056
$ 5,121
$ 4,983
$ 3,411
$ 4,702
$ 4,722
$ 4,884
$ 4,766
$ 5,018
$ 5,024
Adjustments to reconcile net income to net cash provided by operating activities:
                                                    
Depreciation and amortization expense
5,008
4,892
4,618
4,635
4,577
4,458
4,483
4,445
4,431
4,359
4,318
4,324
Employee retirement benefits
152
(117)
113
188
143
115
292
62
53
54
54
600
Deferred income taxes
730
703
1,714
(37)
132
(35)
141
141
189
302
331
81
Provision for expected credit losses
462
581
478
548
587
504
552
567
535
531
530
383
Equity in (earnings) losses of unconsolidated businesses, net of dividends received
(38)
3
12
9
20
29
19
14
20
39
10
5
Net loss on sale of divested businesses
-
-
-
-
-
-
-
-
-
-
-
-
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses
(336)
(3,082)
(736)
(700)
(2,618)
963
(1,041)
(2,531)
1,592
154
(774)
1,501
Discretionary employee benefits contributions
-
-
-
-
-
-
-
-
-
-
-
-
Other, net
508
(142)
11
(789)
(42)
466
337
(336)
(926)
(474)
(1,198)
(1,384)
Net cash provided by operating activities
10,435
7,984
11,266
8,975
7,782
9,911
9,485
7,084
10,778
9,731
8,289
10,534
Cash Flows from Investing Activities
                                                    
Capital expenditures (including capitalized software)
(4,009)
(4,201)
(4,310)
(3,808)
(4,145)
(3,948)
(3,695)
(4,376)
(4,094)
(4,112)
(5,958)
(5,320)
Capital expenditures (including capitalized software)
-
-
-
-
-
-
-
-
-
-
-
-
Cash paid related to acquisitions of businesses, net of cash acquired
-
(9,480)
-
-
-
-
-
-
-
-
-
1
Acquisitions of wireless licenses
(1,072)
(83)
(106)
(112)
(122)
(155)
(164)
(449)
(774)
(487)
(598)
(615)
Collateral receipts (payments) related to derivative contracts, net
-
-
-
-
-
92
8
(432)
(662)
457
367
(4,857)
Proceeds from disposition of business
-
-
-
-
-
-
-
-
-
-
-
33
Proceeds from dispositions of wireless licenses
-
-
-
-
-
-
-
-
-
-
-
-
Acquisitions of licenses, investments and businesses, net of cash acquired
-
-
-
-
-
-
-
-
-
-
-
-
Net change in short-term investments
-
-
-
-
-
-
-
-
-
-
-
-
Other, net
154
191
(74)
482
515
8
(14)
12
122
52
79
2,094
Net cash used in investing activities
(4,927)
(13,573)
(4,490)
(3,438)
(3,752)
(4,003)
(3,865)
(5,245)
(5,408)
(4,090)
(6,110)
(8,664)
Cash Flows from Financing Activities
                                                    
Proceeds from long-term borrowings
3,965
5,975
2,276
1,676
0
20
12
3,110
496
999
504
988
Proceeds from asset-backed long-term borrowings
5,874
6,154
2,378
2,181
2,781
2,401
3,318
2,510
951
1,951
1,754
886
Net proceeds from short-term commercial paper
-
-
-
-
-
(603)
(1,744)
2,347
500
(509)
342
4,514
Repayments of long-term borrowings and finance lease obligations
(10,168)
(4,258)
(1,999)
(3,084)
(2,446)
(904)
(1,211)
(4,508)
(2,968)
(1,275)
(1,325)
(596)
Repayments of long-term borrowings and finance lease obligations
-
-
-
-
-
-
-
-
-
-
-
-
Repayments of asset-backed long-term borrowings
(7,084)
(6,828)
(1,925)
(1,923)
(2,589)
(2,150)
(2,600)
(1,408)
(1,346)
(1,452)
(931)
(952)
Decrease in short-term obligations, excluding current maturities
-
-
-
-
-
-
-
-
-
-
-
-
Dividends paid
(2,954)
(2,910)
(2,857)
(2,856)
(2,856)
(2,801)
(2,802)
(2,796)
(2,744)
(2,743)
(2,744)
(2,688)
Purchase of common stock for treasury
(1,000)
(2,500)
-
-
-
-
-
-
-
-
-
-
Proceeds from sale of common stock
-
-
-
-
-
-
-
-
-
-
-
-
Acquisition of noncontrolling interest
-
-
-
-
-
-
-
-
-
-
-
-
Special distribution to noncontrolling interest
-
-
-
-
-
-
-
-
-
-
-
-
Proceeds from access line spin-off
-
-
-
-
-
-
-
-
-
-
-
-
Other, net
(469)
(911)
(424)
(372)
(783)
(378)
(607)
(683)
(944)
(174)
17
(3,768)
Net cash used in financing activities
(11,836)
(5,278)
(2,551)
(4,378)
(5,893)
(4,415)
(5,634)
(1,428)
(6,055)
(3,203)
(2,383)
(1,616)
Increase in cash and cash equivalents
-
-
-
-
-
-
-
-
-
-
-
-
Decrease in cash, cash equivalents and restricted cash
$ (6,328)
$ (10,867)
$ 4,225
$ 1,159
$ (1,863)
$ 1,493
$ (14)
$ 411
$ (685)
$ 2,438
$ (204)
$ 254