← VERIZON COMMUNICATIONS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Accounts receivable — — — $26.2b $25.2b $24.7b $25.3b $26.1b $27.3b $28.3b
Cash and Cash Equivalents, at Carrying Value $2.9b $2.1b $2.7b $2.6b $22.2b $2.9b $2.6b $2.1b $4.2b $19.0b
Cash and cash equivalents $2.9b $2.1b $2.7b $2.6b $22.2b $2.9b $2.6b $2.1b $4.2b $19.0b
Prepaid Expense and Other Assets, Current $3.9b $3.3b $5.5b $8.0b $6.7b $6.9b $8.4b $7.6b $8.0b $8.3b
Prepaid expenses and other $3.9b $3.3b $5.5b $8.0b $6.7b $6.9b $8.4b $7.6b $8.0b $8.3b
Inventory, Net $1.2b $1.0b $1.3b $1.4b $1.8b $3.1b $2.4b $2.1b $2.2b $2.4b
Assets, Current $26.4b $29.9b $34.6b $37.5b $54.6b $36.7b $37.9b $36.8b $40.5b $56.9b
Total current assets $26.4b $29.9b $34.6b $37.5b $54.6b $36.7b $37.9b $36.8b $40.5b $56.9b
Property, Plant and Equipment, Net $84.8b $88.6b $89.3b $91.9b $94.8b $99.7b $107.4b $108.3b $108.5b $109.5b
Goodwill $27.2b $29.2b $24.6b $24.4b $24.8b $28.6b $28.7b $22.8b $22.8b $22.8b
Other intangible assets, net $8.9b $10.2b $9.8b $9.5b $9.4b $11.7b $11.5b $11.1b $11.1b $10.5b
Operating Lease, Right-of-Use Asset — — — $22.7b $22.5b $27.9b $26.1b $24.7b $24.5b $23.5b
Operating lease right-of-use assets — — — $22.7b $22.5b $27.9b $26.1b $24.7b $24.5b $23.5b
Other Assets, Noncurrent $8.5b $9.8b $11.7b $10.1b $13.7b $13.3b $17.3b $19.9b $19.8b $23.2b
Other assets $8.5b $9.8b $11.7b $10.1b $13.7b $13.3b $17.3b $19.9b $19.8b $23.2b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $17.5b $23.5b $25.1b $25.4b $23.9b $23.8b — — — —
Accrued Liabilities, Current $5.7b $6.8b $5.9b $6.0b $6.0b $9.1b $7.8b $5.2b $5.1b $4.5b
Common stock in treasury, at cost (74,258,296 and 81,753,488 shares outstanding) (7.3b) (7.1b) (7.0b) (6.8b) (6.7b) (4.1b) (4.0b) (3.8b) (3.6b) (3.3b)
Current operating lease liabilities — — — $3.3b $3.5b $3.9b $4.1b $4.3b $4.4b $4.5b
Debt maturing within one year $2.6b $3.5b $7.2b $10.8b $5.9b $7.4b $10.0b $13.0b $22.6b $18.6b
Deferred compensation – employee stock ownership plans (ESOPs) and other $449.0m $416.0m $353.0m $222.0m $335.0m $538.0m $793.0m $656.0m $738.0m $897.0m
Deferred income taxes $46.0b $31.2b $33.8b $34.7b $35.7b $40.7b $43.4b $45.8b $46.7b $48.7b
Employee benefit obligations $26.2b $22.1b $18.6b $18.0b $18.7b $15.4b $13.0b $13.2b $12.0b $11.1b
Investments in unconsolidated businesses $1.1b $1.0b $671.0m $558.0m $589.0m $1.1b $1.1b $953.0m $842.0m $785.0m
Less Accumulated depreciation $147.5b $157.9b $163.5b $173.8b $184.9b $190.2b $200.3b $211.8b $222.9b $228.5b
Less Allowance for credit losses — — — $0 $1.3b $896.0m $826.0m $1.0b $1.2b $1.2b
Non-current operating lease liabilities — — — $18.4b $18.0b $23.2b $21.6b $20.0b $19.9b $19.0b
Other current liabilities $8.1b $8.4b $8.2b $9.0b $9.6b $11.0b $12.1b $12.5b $14.3b $14.2b
Other liabilities $12.2b $12.4b $13.9b $12.3b $12.0b $13.5b $18.4b $16.6b $19.3b $17.8b
Wireless licenses $86.7b $88.4b $94.1b $95.1b $96.1b $147.6b $149.8b $155.7b $156.6b $157.0b
Total equity $24.0b $44.7b $54.7b $62.8b $69.3b $83.2b $92.5b $93.8b $100.6b $105.7b
Total long-term liabilities $189.8b $179.4b $172.2b $184.0b $207.5b $236.2b $237.0b $233.2b $219.4b $236.1b
Assets $244.2b $257.1b $264.8b $291.7b $316.5b $366.6b $379.7b $380.3b $384.7b $404.3b
Total assets $244.2b $257.1b $264.8b $291.7b $316.5b $366.6b $379.7b $380.3b $384.7b $404.3b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $7.1b $7.1b $7.2b $7.7b $6.7b $8.0b $8.8b $10.0b $10.4b $12.2b
Accounts payable and accrued liabilities $19.6b $21.2b $22.5b $21.8b $20.7b $24.8b $24.0b $23.5b $23.4b $25.0b
Dividends Payable, Current $2.4b $2.4b $2.5b $2.6b $2.6b $2.7b $2.8b $2.8b $2.9b $2.9b
Long-term Debt, Current Maturities — — — — $5.9b $7.4b $10.0b $13.0b $22.6b $18.6b
Operating Lease, Liability, Current — — — $3.3b $3.5b $3.9b $4.1b $4.3b $4.4b $4.5b
Operating Lease, Liability, Noncurrent — — — $18.4b $18.0b $23.2b $21.6b $20.0b $19.9b $19.0b
Liabilities, Current $30.3b $33.0b $37.9b $44.9b $39.7b $47.2b $50.2b $53.2b $64.8b $62.4b
Total current liabilities $30.3b $33.0b $37.9b $44.9b $39.7b $47.2b $50.2b $53.2b $64.8b $62.4b
Deferred Income Tax Liabilities, Net — — $33.8b $34.7b $35.7b $40.7b $43.4b $45.8b $46.7b $48.7b
Long-term debt $105.4b $113.6b $105.9b $100.7b $123.2b $143.4b $140.7b $137.7b $121.4b $139.5b
Other Liabilities, Noncurrent $12.2b $12.4b $13.9b $12.3b $12.0b $13.5b $18.4b $16.6b $19.3b $17.8b
Deferred Tax Liabilities, Net $46.0b $31.2b $33.7b $34.6b $35.6b $40.5b $43.3b $45.6b $46.6b $48.6b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax $2.7b $2.7b $2.4b $998.0m ($71.0m) ($927.0m) ($1.9b) ($1.4b) ($923.0m) ($1.7b)
Accumulated other comprehensive loss $2.7b $2.7b $2.4b $998.0m ($71.0m) ($927.0m) ($1.9b) ($1.4b) ($923.0m) ($1.7b)
Additional Paid in Capital $11.2b $11.1b $13.4b $13.4b $13.4b $13.9b $13.4b $13.6b $13.5b $13.4b
Common Stock, Value, Issued $424.0m $424.0m $429.0m $429.0m $429.0m $429.0m $429.0m $429.0m $429.0m $429.0m
Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period) $424.0m $424.0m $429.0m $429.0m $429.0m $429.0m $429.0m $429.0m $429.0m $429.0m
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Retained Earnings (Accumulated Deficit) $15.1b $35.6b $43.5b $53.1b $60.5b $72.0b $82.4b $82.9b $89.1b $94.7b
Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Treasury Stock, Common, Value $424.0m $424.0m $429.0m $429.0m $429.0m $429.0m $4.0b $3.8b $3.6b $3.3b
Noncontrolling interests $1.5b $1.6b $1.6b $1.4b $1.4b $1.4b $1.3b $1.4b $1.3b $1.3b
Stockholders' Equity Attributable to Noncontrolling Interest $1.5b $1.6b $1.6b $1.4b $1.4b $1.4b $1.3b $1.4b $1.3b $1.3b
Liabilities and Equity $244.2b $257.1b $264.8b $291.7b $316.5b $366.6b $379.7b $380.3b $384.7b $404.3b
Total liabilities and equity $244.2b $257.1b $264.8b $291.7b $316.5b $366.6b $379.7b $380.3b $384.7b $404.3b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.