10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
VERIZON COMMUNICATIONS INC | ||
Ticker: VZ Fiscal Year: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 21, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 2,880 | 4,470 |
| Short-term investments | 350 | |
| Accounts receivable, net of allowances of $845 and $882 | 17,513 | 13,457 |
| Inventories | 1,202 | 1,252 |
| Assets held for sale | 882 | 792 |
| Prepaid expenses and other | 3,918 | 2,034 |
| Total current assets | 26,395 | 22,355 |
| Plant, property and equipment | 232,215 | 220,163 |
| Less accumulated depreciation | 147,464 | 136,622 |
| Plant, property and equipment, net | 84,751 | 83,541 |
| Investments in unconsolidated businesses | 1,110 | 796 |
| Wireless licenses | 86,673 | 86,575 |
| Goodwill | 27,205 | 25,331 |
| Other intangible assets, net | 8,897 | 7,592 |
| Non-current assets held for sale | 613 | 10,267 |
| Other assets | 8,536 | 7,718 |
| Total assets | 244,180 | 244,175 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Debt maturing within one year | 2,645 | 6,489 |
| Accounts payable and accrued liabilities | 19,593 | 19,362 |
| Liabilities related to assets held for sale | 24 | 463 |
| Other | 8,078 | 8,738 |
| Total current liabilities | 30,340 | 35,052 |
| Long-term debt | 105,433 | 103,240 |
| Employee benefit obligations | 26,166 | 29,957 |
| Deferred income taxes | 45,964 | 45,484 |
| Non-current liabilities related to assets held for sale | 6 | 959 |
| Other liabilities | 12,239 | 11,641 |
| Equity | ||
| Series preferred stock ($.10 par value; none issued) | ||
| Common stock ($.10 par value; 4,242,374,240 shares issued in each period) | 424 | 424 |
| Contributed capital | 11,182 | 11,196 |
| Reinvested earnings | 15,059 | 11,246 |
| Accumulated other comprehensive income | 2,673 | 550 |
| Common stock in treasury, at cost | (7,263) | (7,416) |
| Deferred compensation - employee stock ownership plans and other | 449 | 428 |
| Noncontrolling interests | 1,508 | 1,414 |
| Total equity | 24,032 | 17,842 |
| Total liabilities and equity | 244,180 | 244,175 |
| External Links | |
| VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2016 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |