Verizon Communications Inc. (LON:0Q1S)

Verizon Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,435	4,194	2,065	2,605	2,921	22,171
Short-Term Investments	-	-	-	-	18	-
Trading Asset Securities	-	-	-	-	188	-
Cash & Short-Term Investments	3,435	4,194	2,065	2,605	3,127	22,171
Cash Growth	38.12%	103.10%	-20.73%	-16.69%	-85.90%	754.70%
Receivables	26,275	26,109	25,085	24,506	24,585	24,650
Inventory	2,137	2,247	2,057	2,388	3,055	1,796
Prepaid Expenses	6,999	2,604	2,201	2,100	2,393	2,310
Restricted Cash	-	319	1,244	1,343	1,094	1,195
Other Current Assets	-	5,050	4,162	4,915	2,474	2,472
Total Current Assets	38,846	40,523	36,814	37,857	36,728	54,594
Property, Plant & Equipment	132,018	132,994	133,036	133,564	127,579	117,364
Long-Term Investments	807	1,111	1,214	1,450	1,781	1,835
Goodwill	22,841	22,841	22,843	28,671	28,603	24,773
Other Intangible Assets	167,455	167,742	166,724	161,257	159,296	105,510
Long-Term Accounts Receivable	-	14,198	14,392	12,105	7,598	5,169
Long-Term Deferred Charges	-	2,808	2,639	2,475	2,259	2,070
Other Long-Term Assets	21,318	2,494	2,593	2,301	2,752	5,166
Total Assets	383,285	384,711	380,255	379,680	366,596	316,481
Accounts Payable	19,880	10,425	10,021	8,750	8,040	6,667
Accrued Expenses	-	11,047	10,820	13,351	15,169	12,559
Short-Term Debt	-	-	-	-	-	320
Current Portion of Long-Term Debt	22,067	21,739	12,220	9,398	7,346	5,610
Current Portion of Leases	4,731	5,309	5,019	4,699	4,259	3,853
Current Income Taxes Payable	-	1,902	2,612	1,876	1,624	1,432
Current Unearned Revenue	-	7,492	6,955	6,583	6,053	4,843
Other Current Liabilities	14,274	6,857	5,576	5,514	4,669	4,376
Total Current Liabilities	60,952	64,771	53,223	50,171	47,160	39,660
Long-Term Debt	123,929	123,264	140,018	143,441	143,209	122,948
Long-Term Leases	19,164	21,383	21,340	22,725	24,128	18,916
Long-Term Unearned Revenue	-	2,186	1,947	1,651	1,176	755
Long-Term Deferred Tax Liabilities	46,568	46,732	45,781	43,441	40,685	35,711
Other Long-Term Liabilities	17,141	13,803	10,958	12,814	11,628	10,562
Total Liabilities	278,924	284,136	286,456	287,217	283,396	247,209
Common Stock	429	429	429	429	429	429
Additional Paid-In Capital	13,412	13,466	13,631	13,420	13,861	13,404
Retained Earnings	93,275	89,110	82,915	82,380	71,993	60,464
Treasury Stock	-3,292	-3,583	-3,821	-4,013	-4,104	-6,719
Comprehensive Income & Other	-761	-185	-724	-1,072	-389	264
Total Common Equity	103,063	99,237	92,430	91,144	81,790	67,842
Minority Interest	1,298	1,338	1,369	1,319	1,410	1,430
Shareholders' Equity	104,361	100,575	93,799	92,463	83,200	69,272
Total Liabilities & Equity	383,285	384,711	380,255	379,680	366,596	316,481
Total Debt	169,891	171,695	178,597	180,263	178,942	151,647
Net Cash (Debt)	-166,456	-167,501	-176,532	-177,658	-175,815	-129,476
Net Cash Per Share	-39.38	-39.66	-41.88	-42.26	-42.37	-31.26
Filing Date Shares Outstanding	4,216	4,210	4,204	4,200	4,198	4,138
Total Common Shares Outstanding	4,216	4,210	4,204	4,200	4,198	4,138
Working Capital	-22,106	-24,248	-16,409	-12,314	-10,432	14,934
Book Value Per Share	24.45	23.57	21.98	21.70	19.48	16.39
Tangible Book Value	-87,233	-91,346	-97,137	-98,784	-106,109	-62,441
Tangible Book Value Per Share	-20.69	-21.70	-23.10	-23.52	-25.28	-15.09
Land	-	740	751	747	673	608
Buildings	-	39,130	36,940	35,382	33,361	32,933
Machinery	-	188,740	181,615	172,890	163,486	171,309
Construction In Progress	-	9,424	12,092	12,889	13,057	8,576
Leasehold Improvements	-	10,562	10,355	10,159	9,587	9,497

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.