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: 2015 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 23, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 4,470 | 10,598 |
| Short-term investments | 350 | 555 |
| Accounts receivable, net of allowances of $882 and $739 | 13,457 | 13,993 |
| Inventories | 1,252 | 1,153 |
| Assets held for sale | 792 | 552 |
| Prepaid expenses and other | 1,959 | 2,648 |
| Total current assets | 22,280 | 29,499 |
| Plant, property and equipment | 220,163 | 230,508 |
| Less accumulated depreciation | 136,622 | 140,561 |
| Plant, property and equipment, net | 83,541 | 89,947 |
| Investments in unconsolidated businesses | 796 | 802 |
| Wireless licenses | 86,575 | 75,341 |
| Goodwill | 25,331 | 24,639 |
| Other intangible assets, net | 8,338 | 5,728 |
| Non-current assets held for sale | 10,267 | |
| Deposit for wireless licenses | 921 | |
| Other assets | 7,512 | 5,739 |
| Total assets | 244,640 | 232,616 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Debt maturing within one year | 6,489 | 2,735 |
| Accounts payable and accrued liabilities | 19,362 | 16,680 |
| Liabilities related to assets held for sale | 463 | |
| Other | 8,738 | 8,572 |
| Total current liabilities | 35,052 | 27,987 |
| Long-term debt | 103,705 | 110,536 |
| Employee benefit obligations | 29,957 | 33,280 |
| Deferred income taxes | 45,484 | 41,563 |
| Non-current liabilities related to assets held for sale | 959 | |
| Other liabilities | 11,641 | 5,574 |
| Equity | ||
| Series preferred stock ($.10 par value; none issued) | ||
| Common stock ($.10 par value; 4,242,374,240 shares issued in each period) | 424 | 424 |
| Contributed capital | 11,196 | 11,155 |
| Reinvested earnings | 11,246 | 2,447 |
| Accumulated other comprehensive income | 550 | 1,111 |
| Common stock in treasury, at cost | (7,416) | (3,263) |
| Deferred compensation - employee stock ownership plans and other | 428 | 424 |
| Noncontrolling interests | 1,414 | 1,378 |
| Total equity | 17,842 | 13,676 |
| Total liabilities and equity | 244,640 | 232,616 |
| External Links | |
| VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2015 | |
| 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 |