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: 2010 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2010 10-K (Filed: Feb 28, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Cash and cash equivalents | $ 6,668 | 2,009 |
| Short-term investments | 545 | 490 |
| Accounts receivable, net of allowances | 11,781 | 12,573 |
| Inventories | 1,131 | 1,426 |
| Prepaid expenses and other | 2,223 | 5,247 |
| Total current assets | 22,348 | 21,745 |
| Plant, property and equipment | 211,655 | 229,743 |
| Less accumulated depreciation | 123,944 | 137,758 |
| Plant, property and equipment, net | 87,711 | 91,985 |
| Investments in unconsolidated businesses | 3,497 | 3,118 |
| Wireless licenses | 72,996 | 72,067 |
| Goodwill | 21,988 | 22,472 |
| Other intangible assets, net | 5,830 | 6,764 |
| Other assets | 5,635 | 8,756 |
| Total assets | 220,005 | 226,907 |
| Liabilities and Equity | ||
| Debt maturing within one year | 7,542 | 7,205 |
| Accounts payable and accrued liabilities | 15,702 | 15,223 |
| Other | 7,353 | 6,708 |
| Total current liabilities | 30,597 | 29,136 |
| Long-term debt | 45,252 | 55,051 |
| Employee benefit obligations | 28,164 | 32,622 |
| Deferred income taxes | 22,818 | 19,190 |
| Other liabilities | 6,262 | 6,765 |
| Equity | ||
| Series preferred stock ($.10 par value; none issued) | ||
| Common stock ($.10 par value; 2,967,610,119 shares issued in both periods) | 297 | 297 |
| Contributed capital | 37,922 | 40,108 |
| Reinvested earnings | 4,368 | 7,260 |
| Accumulated other comprehensive income (loss) | 1,049 | (1,372) |
| Common stock in treasury, at cost | (5,267) | (5,000) |
| Deferred compensation - employee stock ownership plans and other | 200 | 89 |
| Noncontrolling interest | 48,343 | 42,761 |
| Total equity | 86,912 | 84,143 |
| Total liabilities and equity | 220,005 | 226,907 |
| External Links | |
| VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2010 | |
| 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 |