Selected Financial Data
since 2005
Income Statement
Verizon Communications Inc., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Operating revenues | Operating income | Net income attributable to Verizon |
|---|---|---|---|
| Dec 31, 2023 | 133,974) | 22,877) | 11,614) |
| Dec 31, 2022 | 136,835) | 30,467) | 21,256) |
| Dec 31, 2021 | 133,613) | 32,448) | 22,065) |
| Dec 31, 2020 | 128,292) | 28,798) | 17,801) |
| Dec 31, 2019 | 131,868) | 30,378) | 19,265) |
| Dec 31, 2018 | 130,863) | 22,278) | 15,528) |
| Dec 31, 2017 | 126,034) | 27,414) | 30,101) |
| Dec 31, 2016 | 125,980) | 27,059) | 13,127) |
| Dec 31, 2015 | 131,620) | 33,060) | 17,879) |
| Dec 31, 2014 | 127,079) | 19,599) | 9,625) |
| Dec 31, 2013 | 120,550) | 31,968) | 11,497) |
| Dec 31, 2012 | 115,846) | 13,160) | 875) |
| Dec 31, 2011 | 110,875) | 12,880) | 2,404) |
| Dec 31, 2010 | 106,565) | 14,645) | 2,549) |
| Dec 31, 2009 | 107,808) | 14,027) | 3,651) |
| Dec 31, 2008 | 97,354) | 16,884) | 6,428) |
| Dec 31, 2007 | 93,469) | 15,578) | 5,521) |
| Dec 31, 2006 | 88,144) | 13,373) | 6,197) |
| Dec 31, 2005 | 75,112) | 14,814) | 7,397) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Assets
Verizon Communications Inc., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2023 | 36,814) | 380,255) |
| Dec 31, 2022 | 37,857) | 379,680) |
| Dec 31, 2021 | 36,728) | 366,596) |
| Dec 31, 2020 | 54,594) | 316,481) |
| Dec 31, 2019 | 37,473) | 291,727) |
| Dec 31, 2018 | 34,636) | 264,829) |
| Dec 31, 2017 | 29,913) | 257,143) |
| Dec 31, 2016 | 26,395) | 244,180) |
| Dec 31, 2015 | 22,280) | 244,640) |
| Dec 31, 2014 | 29,623) | 232,708) |
| Dec 31, 2013 | 70,994) | 274,098) |
| Dec 31, 2012 | 21,235) | 225,222) |
| Dec 31, 2011 | 30,939) | 230,461) |
| Dec 31, 2010 | 22,348) | 220,005) |
| Dec 31, 2009 | 22,608) | 227,251) |
| Dec 31, 2008 | 26,075) | 202,352) |
| Dec 31, 2007 | 18,698) | 186,959) |
| Dec 31, 2006 | 22,538) | 188,804) |
| Dec 31, 2005 | 16,448) | 168,130) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Balance Sheet: Liabilities and Stockholders’ Equity
Verizon Communications Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total debt | Equity attributable to Verizon | |
|---|---|---|---|
| Dec 31, 2023 | 53,223) | 150,674) | 92,430) |
| Dec 31, 2022 | 50,171) | 150,639) | 91,144) |
| Dec 31, 2021 | 47,160) | 150,868) | 81,790) |
| Dec 31, 2020 | 39,660) | 129,062) | 67,842) |
| Dec 31, 2019 | 44,868) | 111,489) | 61,395) |
| Dec 31, 2018 | 37,930) | 113,063) | 53,145) |
| Dec 31, 2017 | 33,037) | 117,095) | 43,096) |
| Dec 31, 2016 | 30,340) | 108,078) | 22,524) |
| Dec 31, 2015 | 35,052) | 110,194) | 16,428) |
| Dec 31, 2014 | 28,064) | 113,271) | 12,298) |
| Dec 31, 2013 | 27,050) | 93,591) | 38,836) |
| Dec 31, 2012 | 26,956) | 51,987) | 33,157) |
| Dec 31, 2011 | 30,761) | 55,152) | 35,970) |
| Dec 31, 2010 | 30,597) | 52,794) | 38,569) |
| Dec 31, 2009 | 29,136) | 62,256) | 41,606) |
| Dec 31, 2008 | 25,906) | 51,952) | 41,706) |
| Dec 31, 2007 | 24,741) | 31,157) | 50,581) |
| Dec 31, 2006 | 32,280) | 36,361) | 48,535) |
| Dec 31, 2005 | 25,063) | 39,010) | 39,680) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Cash Flow Statement
Verizon Communications Inc., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash used in investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2023 | 37,475) | (23,432) | (14,657) |
| Dec 31, 2022 | 37,141) | (28,662) | (8,529) |
| Dec 31, 2021 | 39,539) | (67,153) | 8,277) |
| Dec 31, 2020 | 41,768) | (23,512) | 1,325) |
| Dec 31, 2019 | 35,746) | (17,581) | (18,164) |
| Dec 31, 2018 | 34,339) | (17,934) | (15,377) |
| Dec 31, 2017 | 25,305) | (19,372) | (6,734) |
| Dec 31, 2016 | 22,715) | (10,983) | (13,322) |
| Dec 31, 2015 | 38,930) | (30,043) | (15,015) |
| Dec 31, 2014 | 30,631) | (15,856) | (57,705) |
| Dec 31, 2013 | 38,818) | (14,833) | 26,450) |
| Dec 31, 2012 | 31,486) | (20,502) | (21,253) |
| Dec 31, 2011 | 29,780) | (17,250) | (5,836) |
| Dec 31, 2010 | 33,363) | (15,054) | (13,650) |
| Dec 31, 2009 | 31,565) | (23,331) | (16,007) |
| Dec 31, 2008 | 26,620) | (31,579) | 13,588) |
| Dec 31, 2007 | 26,309) | (16,865) | (11,697) |
| Dec 31, 2006 | 23,030) | (17,422) | (5,752) |
| Dec 31, 2005 | 22,012) | (18,492) | (5,034) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Per Share Data
Verizon Communications Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2023 | 2.76 | 2.75 | 2.64 |
| Dec 31, 2022 | 5.06 | 5.06 | 2.59 |
| Dec 31, 2021 | 5.32 | 5.32 | 2.54 |
| Dec 31, 2020 | 4.30 | 4.30 | 2.49 |
| Dec 31, 2019 | 4.66 | 4.65 | 2.44 |
| Dec 31, 2018 | 3.76 | 3.76 | 2.39 |
| Dec 31, 2017 | 7.37 | 7.36 | 2.34 |
| Dec 31, 2016 | 3.22 | 3.21 | 2.29 |
| Dec 31, 2015 | 4.38 | 4.37 | 2.23 |
| Dec 31, 2014 | 2.42 | 2.42 | 2.16 |
| Dec 31, 2013 | 4.01 | 4.00 | 2.09 |
| Dec 31, 2012 | 0.31 | 0.31 | 2.03 |
| Dec 31, 2011 | 0.85 | 0.85 | 1.98 |
| Dec 31, 2010 | 0.90 | 0.90 | 1.93 |
| Dec 31, 2009 | 1.29 | 1.29 | 1.87 |
| Dec 31, 2008 | 2.26 | 2.26 | 1.78 |
| Dec 31, 2007 | 1.91 | 1.90 | 1.67 |
| Dec 31, 2006 | 2.13 | 2.12 | 1.62 |
| Dec 31, 2005 | 2.67 | 2.65 | 1.62 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.