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Equity and Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2025

Stockholders' Equity Note [Abstract]

Schedule of Changes in Components of Total Equity

Changes in the components of Total equity were as follows:

			Three Months Ended September 30,
									2025												2024
(dollars in millions, except per share amounts, and shares in thousands)			Shares						Amount						Shares						Amount
Common Stock
Balance at beginning of period			4,291,434						$	429					4,291,434						$	429
Balance at end of period			4,291,434						429						4,291,434						429
Additional Paid In Capital
Balance at beginning of period									13,412												13,539
Other									(4)												(60)
Balance at end of period									13,408												13,479
Retained Earnings
Balance at beginning of period									93,275												86,504
Net income attributable to Verizon									4,950												3,306
Dividends declared ($0.6900, $0.6775 per share)									(2,909)												(2,852)
Balance at end of period									95,316												86,958
Accumulated Other Comprehensive Loss
Balance at beginning of period attributable to Verizon									(1,475)												(1,287)
Foreign currency translation adjustments									(3)												59
Unrealized gain (loss) on cash flow hedges									(13)												6
Unrealized loss on fair value hedges									(161)												(446)
Unrealized gain on marketable securities									3												5
Defined benefit pension and postretirement plans									(2)												(2)
Other comprehensive loss									(176)												(378)
Balance at end of period attributable to Verizon									(1,651)												(1,665)
Treasury Stock
Balance at beginning of period			(75,108)						(3,292)						(81,914)						(3,590)
Employee plans			100						5						107						5
Balance at end of period			(75,008)						(3,287)						(81,807)						(3,585)
Deferred Compensation-ESOPs and Other
Balance at beginning of period									714												577
Restricted stock equity grant									116												140
Amortization									(3)												(7)
Balance at end of period									827												710
Noncontrolling Interests
Balance at beginning of period									1,298												1,367
Total comprehensive income									106												105
Distributions and other									(101)												(130)
Balance at end of period									1,303												1,342
Total Equity									$	106,345											$	97,668

			Nine Months Ended September 30,
									2025												2024
(dollars in millions, except per share amounts, and shares in thousands)			Shares						Amount						Shares						Amount
Common Stock
Balance at beginning of period			4,291,434						$	429					4,291,434						$	429
Balance at end of period			4,291,434						429						4,291,434						429
Additional Paid In Capital
Balance at beginning of period									13,466												13,631
Other									(58)												(152)
Balance at end of period									13,408												13,479
Retained Earnings
Balance at beginning of period									89,110												82,915
Net income attributable to Verizon									14,832												12,501
Dividends declared ($2.0450, $2.0075 per share)									(8,626)												(8,454)
Other									—												(4)
Balance at end of period									95,316												86,958
Accumulated Other Comprehensive Loss
Balance at beginning of period attributable to Verizon									(923)												(1,380)
Foreign currency translation adjustments									140												9
Unrealized gain (loss) on cash flow hedges									(13)												60
Unrealized loss on fair value hedges									(853)												(350)
Unrealized gain on marketable securities									4												2
Defined benefit pension and postretirement plans									(6)												(6)
Other comprehensive loss									(728)												(285)
Balance at end of period attributable to Verizon									(1,651)												(1,665)
Treasury Stock
Balance at beginning of period			(81,753)						(3,583)						(87,173)						(3,821)
Employee plans			6,745						296						5,364						236
Shareholder plans			—						—						2						—
Balance at end of period			(75,008)						(3,287)						(81,807)						(3,585)
Deferred Compensation-ESOPs and Other
Balance at beginning of period									738												656
Restricted stock equity grant									490												415
Amortization									(401)												(361)
Balance at end of period									827												710
Noncontrolling Interests
Balance at beginning of period									1,338												1,369
Total comprehensive income									328												334
Distributions and other									(363)												(361)
Balance at end of period									1,303												1,342
Total Equity									$	106,345											$	97,668

Schedule of Components in Accumulated Other Comprehensive Income

The changes in the balances of Accumulated other comprehensive loss by component were as follows:

(dollars in millions)			Foreign  currency translation adjustments						Unrealized gain (loss) on cash flow hedges												Unrealized gain (loss) on fair value hedges						Unrealized gain (loss) on marketable securities						Defined benefit pension and postretirement plans						Total
Balance at January 1, 2025			$	(733)					$	(981)											$	589					$	(5)					$	207					$	(923)
Excluded components recognized in other comprehensive income			—						—												(801)						—						—						(801)
Other comprehensive income (loss)			140						(73)												—						4						—						71
Amounts reclassified to net income			—						60												(52)						—						(6)						2
Net other comprehensive income (loss)			140						(13)												(853)						4						(6)						(728)
Balance at September 30, 2025			$	(593)					$	(994)											$	(264)					$	(1)					$	201					$	(1,651)

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

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