2014 Q3 Form 10-Q Financial Statement
#000119312514384533 Filed on October 28, 2014
Income Statement
Concept | 2014 Q3 | 2013 Q4 | 2013 Q3 |
---|---|---|---|
Revenue | $31.59B | $31.07B | $30.28B |
YoY Change | 4.32% | 3.39% | 4.39% |
Cost Of Revenue | $12.25B | $11.96B | $10.96B |
YoY Change | 11.79% | -8.47% | -0.28% |
Gross Profit | $19.33B | $19.10B | $19.32B |
YoY Change | 0.08% | 12.53% | 7.23% |
Gross Profit Margin | 61.21% | 61.49% | 63.8% |
Selling, General & Admin | $8.277B | $2.857B | $8.037B |
YoY Change | 2.99% | -82.15% | -3.93% |
% of Gross Profit | 42.81% | 14.96% | 41.6% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $4.167B | $4.183B | $4.154B |
YoY Change | 0.31% | 1.11% | -0.31% |
% of Gross Profit | 21.55% | 21.9% | 21.5% |
Operating Expenses | $8.277B | $7.040B | $8.037B |
YoY Change | 2.99% | -65.05% | -3.93% |
Operating Profit | $6.890B | $12.06B | $7.128B |
YoY Change | -3.34% | -480.66% | 30.0% |
Interest Expense | $1.255B | -$1.042B | $555.0M |
YoY Change | 126.13% | 120.3% | -12.18% |
% of Operating Profit | 18.21% | -8.64% | 7.79% |
Other Income/Expense, Net | $71.00M | -$261.0M | $20.00M |
YoY Change | 255.0% | -76.14% | 100.0% |
Pretax Income | $5.658B | $10.76B | $6.612B |
YoY Change | -14.43% | -327.2% | 34.31% |
Income Tax | $1.864B | $2.844B | $1.034B |
% Of Pretax Income | 32.94% | 26.43% | 15.64% |
Net Earnings | $3.695B | $5.067B | $2.232B |
YoY Change | 65.55% | -219.82% | 40.11% |
Net Earnings / Revenue | 11.7% | 16.31% | 7.37% |
Basic Earnings Per Share | $0.89 | $1.77 | $0.78 |
Diluted Earnings Per Share | $0.89 | $1.76 | $0.78 |
COMMON SHARES | |||
Basic Shares Outstanding | 4.152B shares | 2.866B shares | |
Diluted Shares Outstanding | 4.159B shares | 2.874B shares |
Balance Sheet
Concept | 2014 Q3 | 2013 Q4 | 2013 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.853B | $54.13B | $57.34B |
YoY Change | -86.3% | 1419.2% | 456.33% |
Cash & Equivalents | $7.218B | $53.53B | $56.71B |
Short-Term Investments | $635.0M | $601.0M | $631.0M |
Other Short-Term Assets | $2.431B | $3.406B | $3.060B |
YoY Change | -20.56% | -15.29% | -25.42% |
Inventory | $1.206B | $1.020B | $1.193B |
Prepaid Expenses | |||
Receivables | $13.28B | $12.44B | $12.11B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $24.77B | $70.99B | $73.71B |
YoY Change | -66.39% | 234.33% | 166.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $89.93B | $88.96B | $88.53B |
YoY Change | 1.59% | 0.35% | 0.82% |
Goodwill | $24.62B | $24.63B | $24.34B |
YoY Change | 1.14% | 2.05% | 1.21% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $818.0M | $3.329B | $3.423B |
YoY Change | -76.1% | 0.7% | -5.57% |
Other Assets | $5.112B | $4.535B | $4.446B |
YoY Change | 14.98% | 9.86% | -1.53% |
Total Long-Term Assets | $201.5B | $203.1B | $203.0B |
YoY Change | -0.71% | -0.43% | -0.22% |
TOTAL ASSETS | |||
Total Short-Term Assets | $24.77B | $70.99B | $73.71B |
Total Long-Term Assets | $201.5B | $203.1B | $203.0B |
Total Assets | $226.3B | $274.1B | $276.7B |
YoY Change | -18.21% | 21.7% | 19.73% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $17.06B | $4.954B | $15.62B |
YoY Change | 9.17% | 11.23% | -2.38% |
Accrued Expenses | $3.954B | ||
YoY Change | -12.7% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $447.0M | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.603B | $3.486B | $8.202B |
YoY Change | -80.46% | -9.9% | 29.47% |
Total Short-Term Liabilities | $26.89B | $27.05B | $30.29B |
YoY Change | -11.23% | 0.35% | 5.29% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $107.6B | $89.66B | $90.94B |
YoY Change | 18.35% | 88.29% | 95.7% |
Other Long-Term Liabilities | $5.750B | $5.653B | $5.622B |
YoY Change | 2.28% | -7.21% | -3.72% |
Total Long-Term Liabilities | $5.750B | $95.31B | $5.622B |
YoY Change | 2.28% | 77.45% | -3.72% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $26.89B | $27.05B | $30.29B |
Total Long-Term Liabilities | $5.750B | $95.31B | $5.622B |
Total Liabilities | $32.64B | $122.4B | $35.91B |
YoY Change | -9.12% | 51.69% | 3.77% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $6.964B | $1.782B | -$1.768B |
YoY Change | -493.89% | -147.72% | -189.84% |
Common Stock | $424.0M | $297.0M | $297.0M |
YoY Change | 42.76% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $3.465B | $3.961B | $3.970B |
YoY Change | -12.72% | -2.7% | -6.52% |
Treasury Stock Shares | |||
Shareholders Equity | $16.58B | $38.84B | $34.99B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $226.3B | $274.1B | $276.7B |
YoY Change | -18.21% | 21.7% | 19.73% |
Cashflow Statement
Concept | 2014 Q3 | 2013 Q4 | 2013 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $3.695B | $5.067B | $2.232B |
YoY Change | 65.55% | -219.82% | 40.11% |
Depreciation, Depletion And Amortization | $4.167B | $4.183B | $4.154B |
YoY Change | 0.31% | 1.11% | -0.31% |
Cash From Operating Activities | $8.353B | $10.43B | $11.24B |
YoY Change | -25.68% | 55.04% | 18.47% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.202B | -$4.947B | -$4.357B |
YoY Change | -3.56% | -0.64% | -43.18% |
Acquisitions | $400.0M | ||
YoY Change | |||
Other Investing Activities | $118.0M | $137.0M | $2.169B |
YoY Change | -94.56% | -239.8% | -1353.76% |
Cash From Investing Activities | -$4.084B | -$4.810B | -$2.188B |
YoY Change | 86.65% | -5.26% | -72.1% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -2.827B | -8.803B | 45.87B |
YoY Change | -106.16% | 6.42% | -2473.05% |
NET CHANGE | |||
Cash From Operating Activities | 8.353B | 10.43B | 11.24B |
Cash From Investing Activities | -4.084B | -4.810B | -2.188B |
Cash From Financing Activities | -2.827B | -8.803B | 45.87B |
Net Change In Cash | 1.442B | -3.182B | 54.92B |
YoY Change | -97.37% | -51.94% | -19236.59% |
FREE CASH FLOW | |||
Cash From Operating Activities | $8.353B | $10.43B | $11.24B |
Capital Expenditures | -$4.202B | -$4.947B | -$4.357B |
Free Cash Flow | $12.56B | $15.38B | $15.60B |
YoY Change | -19.5% | 31.36% | -9.09% |
Facts In Submission
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2.24 | ||
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No single customer accounted for more than 10% of our total operating revenues | ||
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
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us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
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us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
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us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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430000000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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153000000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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84000000 | ||
us-gaap |
Revenues
Revenues
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89485000000 | ||
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
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2392000000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
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6430000000 | ||
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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134000000 | ||
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
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100000000 | ||
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
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278000000 | ||
us-gaap |
Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
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237000000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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15503000000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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3011000000 | ||
us-gaap |
Interest Expense
InterestExpense
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1606000000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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24232000000 | ||
us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
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2111000000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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746000000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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2886000000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
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us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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76000000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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35253000000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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11000000 | ||
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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108000000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
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us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
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us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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49166000000 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.03 | ||
us-gaap |
Segment Reporting Disclosure Of Major Customers
SegmentReportingDisclosureOfMajorCustomers
|
No single customer accounted for more than 10% of our total operating revenues | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
VERIZON COMMUNICATIONS INC | ||
dei |
Trading Symbol
TradingSymbol
|
VZ | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7000000 | shares | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
23157000000 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
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2014-09-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
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2014 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3919000000 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.03 | ||
us-gaap |
Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
|
8100000 | shares | |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000732712 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.61 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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Q3 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | Segment | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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3912000000 | shares | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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127000000 | ||
us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
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400000000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1054000000 | ||
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
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3252000000 | ||
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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12624000000 | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
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5653000000 | ||
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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-30000000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1206000000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
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us-gaap |
Profit Loss
ProfitLoss
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14104000000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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19156000000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
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496000000 | ||
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
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us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
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816000000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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10673000000 | ||
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
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180000000 | ||
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
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58886000000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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343000000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
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38000000 | ||
us-gaap |
Goodwill Other Changes
GoodwillOtherChanges
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4000000 | ||
us-gaap |
Revenues
Revenues
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93887000000 | ||
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
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12594000000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
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11856000000 | ||
us-gaap |
Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
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434000000 | ||
us-gaap |
Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
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400000000 | ||
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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-11000000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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1811000000 | ||
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
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1785000000 | ||
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
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707000000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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12898000000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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914000000 | ||
us-gaap |
Interest Expense
InterestExpense
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3633000000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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24159000000 | ||
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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35528000000 | ||
us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
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2367000000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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684000000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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1178000000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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-46310000000 | ||
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
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843000000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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5052000000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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-10430000000 | ||
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
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120000000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
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12465000000 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
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6674000000 | ||
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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25000000 | ||
us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
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55960000000 | ||
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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-426000000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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34000000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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-3087000000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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-59037000000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
23000000 | ||
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
117000000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
72152000000 | ||
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
1153000000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2248000000 | ||
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
1485000000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-2225000000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
21575000000 | ||
vz |
Guarantee Obligation Term
GuaranteeObligationTerm
|
P30Y | ||
vz |
Tender Offer Expiration Date
TenderOfferExpirationDate
|
2014-03-17 | ||
vz |
Approximate Number Of Federal District Court Actions Alleged For Patent Infringement
ApproximateNumberOfFederalDistrictCourtActionsAllegedForPatentInfringement
|
70 | LegalMatter | |
vz |
Tender Offer Settlement Date
TenderOfferSettlementDate
|
2014-03-19 | ||
CY2014Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
5400000000 | |
CY2012 | us-gaap |
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
|
0.075 | pure |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
CY2013Q3 | us-gaap |
Segment Reporting Disclosure Of Major Customers
SegmentReportingDisclosureOfMajorCustomers
|
No single customer accounted for more than 10% of our total operating revenues | |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
8000000 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2874000000 | shares |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.78 | |
CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.53 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2866000000 | shares |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
140000000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
124000000 | |
CY2013Q3 | us-gaap |
Profit Loss
ProfitLoss
|
5578000000 | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6612000000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
14000000 | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7128000000 | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2356000000 | |
CY2013Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
20000000 | |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
30279000000 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2232000000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
6000000 | |
CY2013Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
19000000 | |
CY2013Q3 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
278000000 | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
5706000000 | |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
555000000 | |
CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8037000000 | |
CY2013Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
10960000000 | |
CY2013Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
398000000 | |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1034000000 | |
CY2013Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4154000000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-4000000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
36000000 | |
CY2013Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
23151000000 | |
CY2013Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3346000000 | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-3350000000 | |
CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.89 | |
CY2014Q3 | us-gaap |
Segment Reporting Disclosure Of Major Customers
SegmentReportingDisclosureOfMajorCustomers
|
No single customer accounted for more than 10% of our total operating revenues | |
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7000000 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4159000000 | shares |
CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.89 | |
CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.55 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4152000000 | shares |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-114000000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-13000000 | |
CY2014Q3 | us-gaap |
Profit Loss
ProfitLoss
|
3794000000 | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5658000000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-13000000 | |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6890000000 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3682000000 | |
CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
71000000 | |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
31586000000 | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3695000000 | |
CY2014Q3 | us-gaap |
Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
|
100000000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
153000000 | |
CY2014Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-48000000 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3781000000 | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
1255000000 | |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8277000000 | |
CY2014Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
12252000000 | |
CY2014Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
391000000 | |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1864000000 | |
CY2014Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4167000000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
39000000 | |
CY2014Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
24696000000 | |
CY2014Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
99000000 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-99000000 |