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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues      
Operating Revenues $ 133,974 $ 136,835 $ 133,613
Operating Expenses      
Selling, general and administrative expense 32,745 30,136 28,658
Depreciation and amortization expense 17,624 17,099 16,206
Verizon Business Group goodwill impairment 5,841 0 0
Total Operating Expenses 111,097 106,368 101,165
Operating Income 22,877 30,467 32,448
Equity in earnings (losses) of unconsolidated businesses (53) 44 145
Other income (expense), net (313) 1,373 312
Interest expense (5,524) (3,613) (3,485)
Income Before Provision For Income Taxes 16,987 28,271 29,420
Provision for income taxes (4,892) (6,523) (6,802)
Net Income 12,095 21,748 22,618
Net income attributable to noncontrolling interests 481 492 553
Net income attributable to Verizon 11,614 21,256 22,065
Net Income $ 12,095 $ 21,748 $ 22,618
Basic Earnings Per Common Share      
Net income attributable to Verizon (in USD per share) $ 2.76 $ 5.06 $ 5.32
Weighted-average shares outstanding (in shares) 4,211 4,202 4,148
Diluted Earnings Per Common Share      
Net income attributable to Verizon (in USD per share) $ 2.75 $ 5.06 $ 5.32
Weighted-average shares outstanding (in shares) 4,215 4,204 4,150
Service revenues and other      
Operating Revenues      
Operating Revenues $ 109,652 $ 109,625 $ 110,449
Wireless equipment      
Operating Revenues      
Operating Revenues 24,322 27,210 23,164
Operating Expenses      
Cost of services and wireless equipment 26,787 30,496 25,067
Service      
Operating Expenses      
Cost of services and wireless equipment $ 28,100 $ 28,637 $ 31,234