Verizon Communications Inc. (LON: 0Q1S)

Verizon Communications Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Cash & Equivalents	4,987	2,065	2,605	2,921	22,171	2,594
Short-Term Investments	17	-	-	18	-	-
Trading Asset Securities	9	-	-	188	-	-
Cash & Short-Term Investments	5,013	2,065	2,605	3,127	22,171	2,594
Cash Growth	16.31%	-20.73%	-16.69%	-85.90%	754.70%	-5.50%
Receivables	26,523	25,085	24,506	24,585	24,650	26,277
Inventory	2,523	2,057	2,388	3,055	1,796	1,422
Prepaid Expenses	3,463	2,201	2,100	2,393	2,310	3,381
Restricted Cash	273	1,244	1,343	1,094	1,195	1,221
Other Current Assets	2,846	4,162	4,915	2,474	2,472	2,578
Total Current Assets	40,641	36,814	37,857	36,728	54,594	37,473
Property, Plant & Equipment	131,141	133,036	133,564	127,579	117,364	114,609
Long-Term Investments	1,142	1,214	1,450	1,781	1,835	1,568
Goodwill	22,844	22,843	28,671	28,603	24,773	24,389
Other Intangible Assets	167,155	166,724	161,257	159,296	105,510	104,557
Long-Term Accounts Receivable	12,968	14,392	12,105	7,598	5,169	5,824
Long-Term Deferred Charges	2,651	2,639	2,475	2,259	2,070	1,911
Other Long-Term Assets	2,622	2,593	2,301	2,752	5,166	1,396
Total Assets	381,164	380,255	379,680	366,596	316,481	291,727
Accounts Payable	22,222	10,021	8,750	8,040	6,667	7,725
Accrued Expenses	-	10,820	13,351	15,169	12,559	12,310
Short-Term Debt	-	-	-	-	320	-
Current Portion of Long-Term Debt	23,464	12,220	9,398	7,346	5,610	10,441
Current Portion of Leases	4,312	5,019	4,699	4,259	3,853	3,597
Current Income Taxes Payable	-	2,612	1,876	1,624	1,432	1,771
Current Unearned Revenue	7,221	6,955	6,583	6,053	4,843	4,651
Other Current Liabilities	4,597	5,576	5,514	4,669	4,376	4,373
Total Current Liabilities	61,816	53,223	50,171	47,160	39,660	44,868
Long-Term Debt	129,056	140,018	143,441	143,209	122,948	100,709
Long-Term Leases	21,524	21,340	22,725	24,128	18,916	19,173
Long-Term Unearned Revenue	1,882	1,947	1,651	1,176	755	656
Long-Term Deferred Tax Liabilities	45,865	45,781	43,441	40,685	35,711	34,703
Other Long-Term Liabilities	10,609	10,958	12,814	11,628	10,562	10,831
Total Liabilities	283,496	286,456	287,217	283,396	247,209	228,892
Common Stock	429	429	429	429	429	429
Additional Paid-In Capital	13,479	13,631	13,420	13,861	13,404	13,419
Retained Earnings	86,958	82,915	82,380	71,993	60,464	53,147
Treasury Stock	-3,585	-3,821	-4,013	-4,104	-6,719	-6,820
Comprehensive Income & Other	-955	-724	-1,072	-389	264	1,220
Total Common Equity	96,326	92,430	91,144	81,790	67,842	61,395
Minority Interest	1,342	1,369	1,319	1,410	1,430	1,440
Shareholders' Equity	97,668	93,799	92,463	83,200	69,272	62,835
Total Liabilities & Equity	381,164	380,255	379,680	366,596	316,481	291,727
Total Debt	178,356	178,597	180,263	178,942	151,647	133,920
Net Cash (Debt)	-173,343	-176,532	-177,658	-175,815	-129,476	-131,326
Net Cash Per Share	-41.07	-41.88	-42.26	-42.37	-31.26	-31.72
Filing Date Shares Outstanding	4,210	4,204	4,200	4,198	4,138	4,136
Total Common Shares Outstanding	4,210	4,204	4,200	4,198	4,138	4,136
Working Capital	-21,175	-16,409	-12,314	-10,432	14,934	-7,395
Book Value Per Share	22.88	21.98	21.70	19.48	16.39	14.84
Tangible Book Value	-93,673	-97,137	-98,784	-106,109	-62,441	-67,551
Tangible Book Value Per Share	-22.25	-23.10	-23.52	-25.28	-15.09	-16.33
Land	-	751	747	673	608	594
Buildings	-	36,940	35,382	33,361	32,933	31,216
Machinery	-	181,615	172,890	163,486	171,309	162,960
Construction In Progress	-	12,092	12,889	13,057	8,576	9,234
Leasehold Improvements	-	10,355	10,159	9,587	9,497	9,072

Source: S&P Capital IQ. Standard template. Financial Sources.