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Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Deferred Compensation-ESOPs and Other
Noncontrolling Interests
Balance at beginning of year (in shares) at Dec. 31, 2020   4,291,434,000            
Treasury stock, beginning balance (in shares) at Dec. 31, 2020           (153,304,000)    
Balance at beginning of year at Dec. 31, 2020   $ 429 $ 13,404 $ 60,464 $ (71) $ (6,719) $ 335 $ 1,430
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other     457 (4)        
Net income attributable to Verizon $ 22,065     22,065        
Dividends declared ($2.635, $2.585, $2.535 per share)       (10,532)        
Foreign currency translation adjustments (141)       (141)      
Unrealized gain (loss) on cash flow hedges (85)       (85)      
Unrealized gain (loss) on fair value hedges 0       0      
Unrealized gain (loss) on marketable securities (9)       (9)      
Defined benefit pension and postretirement plans (621)       (621)      
Other comprehensive income (loss) attributable to Verizon $ (856)       (856)      
Employee plans (in shares)           2,057,000    
Employee plans           $ 90    
Shareowner plans (in shares) 2,100,000         15,000    
Shareowner plans $ 91         $ 1    
Acquisitions (in shares)           57,597,000    
Acquisitions           $ 2,524    
Restricted stock equity grant             369  
Amortization             (166)  
Total comprehensive income 21,762             553
Distributions and other               (573)
Balance at end of year (in shares) at Dec. 31, 2021   4,291,434,000            
Treasury stock, ending balance (in shares) at Dec. 31, 2021           (93,635,000)    
Balance at end of year at Dec. 31, 2021 83,200 $ 429 13,861 71,993 (927) $ (4,104) 538 1,410
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other     (441) (9)        
Net income attributable to Verizon 21,256     21,256        
Dividends declared ($2.635, $2.585, $2.535 per share)       (10,860)        
Foreign currency translation adjustments (153)       (153)      
Unrealized gain (loss) on cash flow hedges 322       322      
Unrealized gain (loss) on fair value hedges (431)       (431)      
Unrealized gain (loss) on marketable securities (25)       (25)      
Defined benefit pension and postretirement plans (651)       (651)      
Other comprehensive income (loss) attributable to Verizon $ (938)       (938)      
Employee plans (in shares)           2,048,000    
Employee plans           $ 90    
Shareowner plans (in shares) 2,100,000         15,000    
Shareowner plans $ 91         $ 1    
Acquisitions (in shares)           0    
Acquisitions           $ 0    
Restricted stock equity grant             423  
Amortization             (168)  
Total comprehensive income $ 20,810             492
Distributions and other               (583)
Balance at end of year (in shares) at Dec. 31, 2022   4,291,434,000            
Treasury stock, ending balance (in shares) at Dec. 31, 2022 (91,572,258)         (91,572,000)    
Balance at end of year at Dec. 31, 2022 $ 92,463 $ 429 13,420 82,380 (1,865) $ (4,013) 793 1,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other     211 3        
Net income attributable to Verizon 11,614     11,614        
Dividends declared ($2.635, $2.585, $2.535 per share)       (11,082)        
Foreign currency translation adjustments 62       62      
Unrealized gain (loss) on cash flow hedges 88       88      
Unrealized gain (loss) on fair value hedges 536       536      
Unrealized gain (loss) on marketable securities 7       7      
Defined benefit pension and postretirement plans (208)       (208)      
Other comprehensive income (loss) attributable to Verizon $ 485       485      
Employee plans (in shares)           4,380,000    
Employee plans           $ 191    
Shareowner plans (in shares) 4,400,000         19,000    
Shareowner plans $ 192         $ 1    
Acquisitions (in shares)           0    
Acquisitions           $ 0    
Restricted stock equity grant             296  
Amortization             (433)  
Total comprehensive income $ 12,580             481
Distributions and other               (431)
Balance at end of year (in shares) at Dec. 31, 2023   4,291,434,000            
Treasury stock, ending balance (in shares) at Dec. 31, 2023 (87,172,997)         (87,173,000)    
Balance at end of year at Dec. 31, 2023 $ 93,799 $ 429 $ 13,631 $ 82,915 $ (1,380) $ (3,821) $ 656 $ 1,369