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Debt - Schedule of Significant Debt Transactions (Details) € in Millions, £ in Millions, $ in Millions | 12 Months Ended |
--- | --- | ---
Dec. 31, 2024 USD ($) | Dec. 31, 2024 EUR (€) | Dec. 31, 2024 GBP (£)
Exchange Offers |  |  |
Principal Amount Exchanged | $ 2,256 |  |
Principal Amount Issued | 2,191 |  |
Debt instrument, unamortized premium | 65 |  |
Tender Offer |  |  |
Principal Amount Purchased |  |  |
Cash Consideration | 5,504 |  |
Repayments, Redemptions and Repurchases |  |  |
Repayments of debt | 4,688 |  |
Issuances |  |  |
Net Proceeds | 3,103 |  |
Verizon 0.850%-4.329% Notes Due 2025-2028 |  |  |
Exchange Offers |  |  |
Principal Amount Exchanged | 2,256 |  |
Principal Amount Issued | $ 0 |  |
Verizon 4.780% Notes Due 2035 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 4.78% | 4.78% | 4.78%
Principal Amount Exchanged | $ 0 |  |
Principal Amount Issued | 2,191 |  |
Verizon 0.875%-3.250% Notes And Floating Rate Notes Due 2025-2028 |  |  |
Tender Offer |  |  |
Principal Amount Purchased | 1,981 |  |
Cash Consideration | 2,237 |  |
Verizon 0.850% - 3.376% notes and floating rate notes, due 2025 - 2026 |  |  |
Tender Offer |  |  |
Principal Amount Purchased | 3,314 |  |
Cash Consideration | $ 3,267 |  |
Verizon 1.625% notes due 2024 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 1.625% | 1.625% | 1.625%
Repayments, Redemptions and Repurchases |  |  |
Principal Repaid/ Repurchased | € |  | € 685 |
Repayments of debt | $ 840 |  |
Verizon 4.073% notes due 2024 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 4.073% | 4.073% | 4.073%
Repayments, Redemptions and Repurchases |  |  |
Principal Repaid/ Repurchased | £ |  |  | £ 413
Repayments of debt | $ 582 |  |
Verizon 0.750% notes due 2024 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 0.75% | 0.75% | 0.75%
Repayments, Redemptions and Repurchases |  |  |
Principal Repaid/ Repurchased | $ 999 |  |
Repayments of debt | 1,003 |  |
Verizon Floating Rate Notes Due 2024 |  |  |
Repayments, Redemptions and Repurchases |  |  |
Principal Repaid/ Repurchased | 95 |  |
Repayments of debt | $ 96 |  |
Verizon 3.500% notes due 2024 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 3.50% | 3.50% | 3.50%
Repayments, Redemptions and Repurchases |  |  |
Principal Repaid/ Repurchased | $ 1,161 |  |
Repayments of debt | 1,182 |  |
Open market repurchases of various Verizon notes |  |  |
Repayments, Redemptions and Repurchases |  |  |
Principal Repaid/ Repurchased | 1,255 |  |
Repayments of debt | 985 |  |
Gain on debt repurchase | $ 267 |  |
3.500% Notes due 2032 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 3.50% | 3.50% | 3.50%
Issuances |  |  |
Principal Amount Issued | € |  | € 1,000 |
Net Proceeds | $ 1,062 |  |
3.750% Notes due 2036 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 3.75% | 3.75% | 3.75%
Issuances |  |  |
Principal Amount Issued | € |  | € 1,000 |
Net Proceeds | $ 1,061 |  |
5.500% Notes Due 2054 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 5.50% | 5.50% | 5.50%
Issuances |  |  |
Principal Amount Issued | $ 1,000 |  |
Net Proceeds | $ 980 |  |
Minimum | Verizon 0.850%-4.329% Notes Due 2025-2028 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 0.85% | 0.85% | 0.85%
Minimum | Verizon 0.875%-3.250% Notes And Floating Rate Notes Due 2025-2028 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 0.875% | 0.875% | 0.875%
Minimum | Verizon 0.850% - 3.376% notes and floating rate notes, due 2025 - 2026 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 0.85% | 0.85% | 0.85%
Maximum | Verizon 0.850%-4.329% Notes Due 2025-2028 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 4.329% | 4.329% | 4.329%
Maximum | Verizon 0.875%-3.250% Notes And Floating Rate Notes Due 2025-2028 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 3.25% | 3.25% | 3.25%
Maximum | Verizon 0.850% - 3.376% notes and floating rate notes, due 2025 - 2026 |  |  |
Exchange Offers |  |  |
Debt instrument, interest rate, stated percentage | 3.376% | 3.376% | 3.376%

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