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10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

VERIZON COMMUNICATIONS INC

Ticker: VZ   Fiscal Year: 2011

Consolidated Balance Sheets

Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012)

(In Millions, except shares in actual)
 As ofAs of
 Dec 31, 2011Dec 31, 2010
Assets
Cash and cash equivalents
$
13,362
6,668
Short-term investments592545
Accounts receivable, net of allowances11,77611,781
Inventories9401,131
Prepaid expenses and other4,2692,223
Total current assets30,93922,348
 
Plant, property and equipment215,626211,655
Accumulated depreciation127,192123,944
Plant, property and equipment, net88,43487,711
 
Investments in unconsolidated businesses3,4483,497
Wireless licenses73,25072,996
Goodwill23,35721,988
Other intangible assets, net5,8785,830
Other assets5,1555,635
Total assets230,461220,005
 
Liabilities and Equity
Debt maturing within one year4,8497,542
Accounts payable and accrued liabilities14,68915,702
Other11,2237,353
Total current liabilities30,76130,597
 
Long-term debt50,30345,252
Employee benefit obligations32,95728,164
Deferred income taxes25,06022,818
Other liabilities5,4726,262
Equity
Series preferred stock ($.10 par value; none issued)  
Common stock ($.10 par value; 2,967,610,119 shares issued in both periods)297297
Contributed capital37,91937,922
Reinvested earnings1,1794,368
Accumulated other comprehensive income1,2691,049
Common stock in treasury, at cost(5,002)(5,267)
Deferred compensation - employee stock ownership plans and other308200
Noncontrolling interest49,93848,343
Total equity85,90886,912
 
Total liabilities and equity230,461220,005
 
External Links 
VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2011
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