Verizon Communications Inc. (VZ)

Verizon Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,194	2,065	2,605	2,921	22,171
Short-Term Investments	-	-	-	18	-
Trading Asset Securities	-	-	-	188	-
Cash & Short-Term Investments	4,194	2,065	2,605	3,127	22,171
Cash Growth	103.10%	-20.73%	-16.69%	-85.90%	754.70%
Receivables	26,109	25,085	24,506	24,585	24,650
Inventory	2,247	2,057	2,388	3,055	1,796
Prepaid Expenses	7,973	2,201	2,100	2,393	2,310
Restricted Cash	-	1,244	1,343	1,094	1,195
Other Current Assets	-	4,162	4,915	2,474	2,472
Total Current Assets	40,523	36,814	37,857	36,728	54,594
Property, Plant & Equipment	132,994	133,036	133,564	127,579	117,364
Long-Term Investments	842	1,214	1,450	1,781	1,835
Goodwill	22,841	22,843	28,671	28,603	24,773
Other Intangible Assets	167,742	166,724	161,257	159,296	105,510
Long-Term Accounts Receivable	-	14,392	12,105	7,598	5,169
Long-Term Deferred Charges	-	2,639	2,475	2,259	2,070
Other Long-Term Assets	19,769	2,593	2,301	2,752	5,166
Total Assets	384,711	380,255	379,680	366,596	316,481
Accounts Payable	23,374	10,021	8,750	8,040	6,667
Accrued Expenses	-	10,820	13,351	15,169	12,559
Short-Term Debt	-	-	-	-	320
Current Portion of Long-Term Debt	22,633	12,220	9,398	7,346	5,610
Current Portion of Leases	4,415	5,019	4,699	4,259	3,853
Current Income Taxes Payable	-	2,612	1,876	1,624	1,432
Current Unearned Revenue	-	6,955	6,583	6,053	4,843
Other Current Liabilities	14,349	5,576	5,514	4,669	4,376
Total Current Liabilities	64,771	53,223	50,171	47,160	39,660
Long-Term Debt	121,381	140,018	143,441	143,209	122,948
Long-Term Leases	19,928	21,340	22,725	24,128	18,916
Long-Term Unearned Revenue	-	1,947	1,651	1,176	755
Long-Term Deferred Tax Liabilities	46,732	45,781	43,441	40,685	35,711
Other Long-Term Liabilities	19,327	10,958	12,814	11,628	10,562
Total Liabilities	284,136	286,456	287,217	283,396	247,209
Common Stock	429	429	429	429	429
Additional Paid-In Capital	13,466	13,631	13,420	13,861	13,404
Retained Earnings	89,110	82,915	82,380	71,993	60,464
Treasury Stock	-3,583	-3,821	-4,013	-4,104	-6,719
Comprehensive Income & Other	-185	-724	-1,072	-389	264
Total Common Equity	99,237	92,430	91,144	81,790	67,842
Minority Interest	1,338	1,369	1,319	1,410	1,430
Shareholders' Equity	100,575	93,799	92,463	83,200	69,272
Total Liabilities & Equity	384,711	380,255	379,680	366,596	316,481
Total Debt	168,357	178,597	180,263	178,942	151,647
Net Cash (Debt)	-164,163	-176,532	-177,658	-175,815	-129,476
Net Cash Per Share	-38.87	-41.88	-42.26	-42.37	-31.26
Filing Date Shares Outstanding	4,210	4,204	4,200	4,198	4,138
Total Common Shares Outstanding	4,210	4,204	4,200	4,198	4,138
Working Capital	-24,248	-16,409	-12,314	-10,432	14,934
Book Value Per Share	23.57	21.98	21.70	19.48	16.39
Tangible Book Value	-91,346	-97,137	-98,784	-106,109	-62,441
Tangible Book Value Per Share	-21.70	-23.10	-23.52	-25.28	-15.09
Land	-	751	747	673	608
Buildings	-	36,940	35,382	33,361	32,933
Machinery	-	181,615	172,890	163,486	171,309
Construction In Progress	-	12,092	12,889	13,057	8,576
Leasehold Improvements	-	10,355	10,159	9,587	9,497

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