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: 2018 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 15, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 2,745 | 2,079 |
| Accounts receivable, net of allowances of $765 and $939 | 25,102 | 23,493 |
| Inventories | 1,336 | 1,034 |
| Prepaid expenses and other | 5,453 | 3,307 |
| Total current assets | 34,636 | 29,913 |
| Property, plant and equipment | 252,835 | 246,498 |
| Less accumulated depreciation | 163,549 | 157,930 |
| Property, plant and equipment, net | 89,286 | 88,568 |
| Investments in unconsolidated businesses | 671 | 1,039 |
| Wireless licenses | 94,130 | 88,417 |
| Goodwill | 24,614 | 29,172 |
| Other intangible assets, net | 9,775 | 10,247 |
| Other assets | 11,717 | 9,787 |
| Total assets | 264,829 | 257,143 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Debt maturing within one year | 7,190 | 3,453 |
| Accounts payable and accrued liabilities | 22,501 | 21,232 |
| Other current liabilities | 8,239 | 8,352 |
| Total current liabilities | 37,930 | 33,037 |
| Long-term debt | 105,873 | 113,642 |
| Employee benefit obligations | 18,599 | 22,112 |
| Deferred income taxes | 33,795 | 31,232 |
| Other liabilities | 13,922 | 12,433 |
| Total long-term liabilities | 172,189 | 179,419 |
| Commitments and Contingencies (Note 16) | ||
| Equity | ||
| Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued) | 0 | 0 |
| Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 and 4,242,374,240 shares issued) | 429 | 424 |
| Additional paid in capital | 13,437 | 11,101 |
| Retained earnings | 43,542 | 35,635 |
| Accumulated other comprehensive income | 2,370 | 2,659 |
| Common stock in treasury, at cost (159,400,267 and 162,897,868 shares outstanding) | (6,986) | (7,139) |
| Deferred compensation employee stock ownership plans and other | 353 | 416 |
| Noncontrolling interests | 1,565 | 1,591 |
| Total equity | 54,710 | 44,687 |
| Total liabilities and equity | 264,829 | 257,143 |
| External Links | |
| VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2018 | |
| 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 |