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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted and Performance Stock Unit Activity
The following table summarizes Verizon’s Restricted Stock Unit and Performance Stock Unit activity:
Restricted Stock UnitsPerformance Stock Units
(shares in thousands)Equity AwardsLiability AwardsEquity AwardsLiability Awards
Outstanding January 1, 20216,901 19,559 4,242 9,637 
Granted4,079 16,845 5,353 1,692 
Payments(3,417)(10,797)— (6,718)
Cancelled/Forfeited(784)(8,317)(955)(146)
Outstanding December 31, 20216,779 17,290 8,640 4,465 
Granted4,149 11,309 5,752 197 
Payments(3,313)(6,363)— (2,075)
Cancelled/Forfeited(362)(1,627)(567)(2,171)
Outstanding December 31, 20227,253 20,609 13,825 416 
Granted13,047 17,441 2,537 12 
Payments(3,612)(12,198)(3,495)(121)
Cancelled/Forfeited(836)(2,366)(693)(31)
Outstanding December 31, 202315,852 23,486 12,174 276