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Fair Value Measurements and Financial Instruments - Schedule of Designated Derivative Activity (Details) - Fair Value Hedges - Designated as Hedging Instrument - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest rate swaps    
Derivative [Line Items]    
Notional value entered into $ 0 $ 0
Notional value settled 0 0
Interest rate swaps | Interest Expense    
Derivative [Line Items]    
Pre-tax gain (loss) recognized in Interest expense 2 (1)
Cross currency swaps    
Derivative [Line Items]    
Notional value entered into 2,146 0
Notional value settled 3,067 838
Exchange gains (losses) from the conversion of foreign currency denominated as debt (742) 355
Excluded component 282 (378)
Cash received (paid) for settlement of derivatives (216) (117)
Cross currency swaps | Verizon Stated And Floating Rate Notes and Bonds    
Derivative [Line Items]    
Exchange gains (losses) from the conversion of foreign currency denominated as debt 742 (355)
Cross currency swaps | Interest Expense    
Derivative [Line Items]    
Excluded component $ 26 $ 27