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: 2014 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2014 10-K (Filed: Feb 23, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2014 | Dec 31, 2013 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 10,598 | 53,528 |
| Short-term investments | 555 | 601 |
| Accounts receivable, net of allowances of $739 and $645 | 13,993 | 12,439 |
| Inventories | 1,153 | 1,020 |
| Prepaid expenses and other | 3,324 | 3,406 |
| Total current assets | 29,623 | 70,994 |
| Plant, property and equipment | 230,508 | 220,865 |
| Less accumulated depreciation | 140,561 | 131,909 |
| Plant, property and equipment, net | 89,947 | 88,956 |
| Investments in unconsolidated businesses | 802 | 3,432 |
| Wireless licenses | 75,341 | 75,747 |
| Goodwill | 24,639 | 24,634 |
| Other intangible assets, net | 5,728 | 5,800 |
| Other assets | 6,628 | 4,535 |
| Total assets | 232,708 | 274,098 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Debt maturing within one year | 2,735 | 3,933 |
| Accounts payable and accrued liabilities | 16,680 | 16,453 |
| Other | 8,649 | 6,664 |
| Total current liabilities | 28,064 | 27,050 |
| Long-term debt | 110,536 | 89,658 |
| Employee benefit obligations | 33,280 | 27,682 |
| Deferred income taxes | 41,578 | 28,639 |
| Other Liabilities | 5,574 | 5,653 |
| Equity | ||
| Series preferred stock ($.10 par value; none issued) | ||
| Common stock ($.10 par value; 4,242,374,240 and 2,967,610,119 shares issued in each period, respectively) | 424 | 297 |
| Contributed capital | 11,155 | 37,939 |
| Reinvested earnings | 2,447 | 1,782 |
| Accumulated other comprehensive income | 1,111 | 2,358 |
| Common stock in treasury, at cost | (3,263) | (3,961) |
| Deferred compensation - employee stock ownership plans and other | 424 | 421 |
| Noncontrolling interests | 1,378 | 56,580 |
| Total equity | 13,676 | 95,416 |
| Total liabilities and equity | 232,708 | 274,098 |
| External Links | |
| VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2014 | |
| 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 |