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Fair Value Measurements and Financial Instruments - Schedule of Designated Derivative Activity (Details) - Designated as Hedging Instrument - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest rate swaps | Fair Value Hedges        
Derivative [Line Items]        
Notional value entered into $ 0 $ 0 $ 0 $ 0
Notional value settled 1,254 0 1,254 0
Cash received (paid) for settlement of derivatives     (6) 0
Interest rate swaps | Fair Value Hedges | Interest Expense        
Derivative [Line Items]        
Pre-tax gain (loss) recognized in Interest expense (2) 2 1 3
Cross currency swaps | Fair Value Hedges        
Derivative [Line Items]        
Notional value entered into 0 0 2,146 0
Notional value settled 0 0 3,619 1,450
Exchange gains (losses) from the conversion of foreign currency denominated as debt 1,272 (1,036) 438 (311)
Excluded component (573) 809 (407) 851
Cash received (paid) for settlement of derivatives     (243) (67)
Cross currency swaps | Fair Value Hedges | Verizon Stated And Floating Rate Notes and Bonds        
Derivative [Line Items]        
Exchange gains (losses) from the conversion of foreign currency denominated as debt (1,272) 1,036 (438) 311
Cross currency swaps | Fair Value Hedges | Interest Expense        
Derivative [Line Items]        
Excluded component 23 28 73 82
Treasury rate locks | Cash Flow Hedging        
Derivative [Line Items]        
Notional value entered into 1,000 0 1,000 500
Notional value settled 1,000 0 1,000 500
Pre-tax gain (loss) recognized in Other income, net $ (21) $ 0 (21) 5
Cash received (paid) for settlement of derivatives     $ (21) $ 5