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: 2009 | ||
Statement Of Financial Position Classified | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 2,009 | 9,782 |
| Short-term investments | 490 | 509 |
| Accounts receivable, net of allowances of $976 and $941 | 12,573 | 11,703 |
| Inventories | 2,289 | 2,092 |
| Prepaid expenses and other | 5,247 | 1,989 |
| Total current assets | 22,608 | 26,075 |
| Plant, property and equipment | 228,518 | 215,605 |
| Less accumulated depreciation | 137,052 | 129,059 |
| Plant, property and equipment, net | 91,466 | 86,546 |
| Investments in unconsolidated businesses | 3,535 | 3,393 |
| Wireless licenses | 72,067 | 61,974 |
| Goodwill | 22,472 | 6,035 |
| Other intangible assets, net | 6,764 | 5,199 |
| Other investments | 0 | 4,781 |
| Other assets | 8,339 | 8,349 |
| Total assets | 227,251 | 202,352 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Debt maturing within one year | 7,205 | 4,993 |
| Accounts payable and accrued liabilities | 15,223 | 13,814 |
| Other | 6,708 | 7,099 |
| Total current liabilities | 29,136 | 25,906 |
| Long-term debt | 55,051 | 46,959 |
| Employee benefit obligations | 32,622 | 32,512 |
| Deferred income taxes | 19,310 | 11,769 |
| Other liabilities | 6,765 | 6,301 |
| Equity | ||
| Series preferred stock ($.10 par value; none issued) | 0 | 0 |
| Common stock ($.10 par value; 2,967,610,119 shares issued in both periods) | 297 | 297 |
| Contributed capital | 40,108 | 40,291 |
| Reinvested earnings | 17,592 | 19,250 |
| Accumulated other comprehensive loss | (11,479) | (13,372) |
| Common stock in treasury, at cost | (5,000) | (4,839) |
| Deferred compensation - employee stock ownership plans and other | 88 | 79 |
| Noncontrolling interest | 42,761 | 37,199 |
| Total equity | 84,367 | 78,905 |
| Total liabilities and equity | 227,251 | 202,352 |
| External Links | |
| VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2009 | |
| 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 |