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

VERIZON COMMUNICATIONS INC

Ticker: VZ   Fiscal Year: 2013

Consolidated Statements of Income

Period Ending Dec 31, 2013 10-K (Filed: Feb 27, 2014)

(In Millions)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2013Dec 31, 2012Dec 31, 2011
Operating Revenues
$
120,550
115,846110,875
Operating Expenses
Cost of services and sales (exclusive of items shown below)44,88746,27545,875
Selling, general and administrative expense27,08939,95135,624
Depreciation and amortization expense16,60616,46016,496
Total Operating Expenses88,582102,68697,995
 
Operating Income31,96813,16012,880
 
Equity in earnings of unconsolidated businesses142324444
Other income and (expense), net(166)(1,016)(14)
Interest expense(2,667)(2,571)(2,827)
Income Before (Provision) Benefit For Income Taxes29,2779,89710,483
 
(Provision) Benefit for income taxes(5,730)660(285)
Net Income23,54710,55710,198
 
Net income attributable to noncontrolling interests12,0509,6827,794
Net income attributable to Verizon11,4978752,404
 
Net Income23,54710,55710,198
Basic Earnings Per Common Share
Net income attributable to Verizon4.010.310.85
Weighted-average shares outstanding (in millions)2,8662,8532,833
Diluted Earnings Per Common Share
Net income attributable to Verizon4.000.310.85
Weighted-average shares outstanding (in millions)2,8742,8622,839
External Links 
VERIZON COMMUNICATIONS INC (VZ) Fiscal Year 2013
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