VZ: the balance sheet

MyFinsight

For the year ending 2025-12-31, VZ has $404,258M in assets. $19,048M in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
91.27%
Quick Ratio
87.35%
Cash Ratio
30.54%
Assets Breakdown
Property, plant and equipment
Less accumulated depreciation
Wireless licenses
Others
Liabilities Breakdown
Long-term debt
Retained earnings
Deferred income taxes
Others

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	19,048	4,194	2,065	2,605
Accounts receivable	28,347	27,261	26,102	25,332
Less allowance for credit losses	1,250	1,152	1,017	826
Accounts receivable, net	27,097	26,109	25,085	24,506
Inventories	2,441	2,247	2,057	2,388
Prepaid expenses and other	8,336	7,973	7,607	8,358
Total current assets	56,922	40,523	36,814	37,857
Property, plant and equipment	337,991	331,406	320,108	307,689
Less accumulated depreciation	228,524	222,884	211,798	200,255
Property, plant and equipment, net	109,467	108,522	108,310	107,434
Investments in unconsolidated businesses	785	842	953	1,071
Wireless licenses	157,039	156,613	155,667	149,796
Goodwill	22,841	22,841	22,843	28,671
Other intangible assets, net	10,458	11,129	11,057	11,461
Operating lease right-of-use assets	23,498	24,472	24,726	26,130
Other assets	23,248	19,769	19,885	17,260
Total assets	404,258	384,711	380,255	379,680

Debt maturing within one year	18,618	22,633	12,973	9,963
Accounts payable and accrued liabilities	24,981	23,374	23,453	23,977
Current operating lease liabilities	4,542	4,415	4,266	4,134
Other current liabilities	14,229	14,349	12,531	12,097
Total current liabilities	62,370	64,771	53,223	50,171
Long-term debt	139,532	121,381	137,701	140,676
Employee benefit obligations	11,099	11,997	13,189	12,974
Deferred income taxes	48,717	46,732	45,781	43,441
Non-current operating lease liabilities	18,951	19,928	20,002	21,558
Other liabilities	17,848	19,327	16,560	18,397
Total long-term liabilities	236,147	219,365	233,233	237,046
Series preferred stock (0.10 par value 250,000,000 shares authorized none issued)	0	0	0	0
Common stock (0.10 par value 6,250,000,000 shares authorized in each period 4,291,433,646 shares issued in each period)	429	429	429	429
Additional paid in capital	13,372	13,466	13,631	13,420
Retained earnings	94,744	89,110	82,915	82,380
Accumulated other comprehensive loss	-1,727	-923	-1,380	-1,865
Common stock in treasury, at cost (74,258,296 and 81,753,488 shares outstanding)	3,255	3,583	3,821	4,013
Deferred compensation employee stock ownership plans (esops) and other	897	738	656	793
Noncontrolling interests	1,281	1,338	1,369	1,319
Total equity	105,741	100,575	93,799	92,463
Total liabilities and equity	404,258	384,711	380,255	379,680

Unit: Million (M) dollars

MyFinsight

Balance Sheets Overview

Current Ratio
91.27%
Quick Ratio
87.35%
Cash Ratio
30.54%
Assets Breakdown
Property, plant and equipment
Less accumulated depreciation
Wireless licenses
Others
Liabilities Breakdown
Long-term debt
Retained earnings
Deferred income taxes
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
91.27%
Quick Ratio
87.35%
Cash Ratio
30.54%
Assets Breakdown
Property, plant and equipment
Less accumulated depreciation
Wireless licenses
Others
Liabilities Breakdown
Long-term debt
Retained earnings
Deferred income taxes
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio91.27%Quick Ratio87.35%Cash Ratio30.54%Assets BreakdownProperty, plant and equipmentLess accumulated depreciationWireless licensesOthersLiabilities BreakdownLong-term debtRetained earningsDeferred income taxesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio91.27%Quick Ratio87.35%Cash Ratio30.54%Assets BreakdownProperty, plant and equipmentLess accumulated depreciationWireless licensesOthersLiabilities BreakdownLong-term debtRetained earningsDeferred income taxesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Current Ratio
91.27%
Quick Ratio
87.35%
Cash Ratio
30.54%
Assets Breakdown
Property, plant and equipment
Less accumulated depreciation
Wireless licenses
Others
Liabilities Breakdown
Long-term debt
Retained earnings
Deferred income taxes
Others

Current Ratio
91.27%
Quick Ratio
87.35%
Cash Ratio
30.54%
Assets Breakdown
Property, plant and equipment
Less accumulated depreciation
Wireless licenses
Others
Liabilities Breakdown
Long-term debt
Retained earnings
Deferred income taxes
Others