# Verizon Communications Inc. (VZ) FY2024 Annual Balance Sheet

- Company: Verizon Communications Inc. (VZ)
- Period: As of 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-12, accession number 0000732712-25-000006
- Page: https://plicit.ai/financials/vz/fy2024-annual-balance-sheet
- Chart image: https://plicit.ai/charts/vz-fy2024-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 384,711,000,000 US dollars
- **Current assets**: 40,523,000,000 US dollars
- **Non-current assets**: 344,188,000,000 US dollars
- **Liabilities (calculated)**: 284,136,000,000 US dollars
- **Current liabilities**: 64,771,000,000 US dollars
- **Non-current liabilities**: 219,365,000,000 US dollars
- **Equity**: 100,575,000,000 US dollars
- **Noncontrolling interest**: 1,338,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Accounts receivable**: 27,261,000,000 US dollars. Part of Accounts receivable, net, drawn as one net amount.
- **Less Allowance for credit losses**: negative 1,152,000,000 US dollars. Part of Accounts receivable, net, drawn as one net amount.
- **Property, plant and equipment**: 331,406,000,000 US dollars. Part of Property, plant and equipment, net, drawn as one net amount.
- **Less Accumulated depreciation**: negative 222,884,000,000 US dollars. Part of Property, plant and equipment, net, drawn as one net amount.
- **Accounts receivable, net**: 26,109,000,000 US dollars
- **Prepaid expenses and other**: 7,973,000,000 US dollars
- **Cash and cash equivalents**: 4,194,000,000 US dollars
- **Inventories**: 2,247,000,000 US dollars
- **Wireless licenses**: 156,613,000,000 US dollars
- **Property, plant and equipment, net**: 108,522,000,000 US dollars
- **Operating lease right-of-use assets**: 24,472,000,000 US dollars
- **Goodwill**: 22,841,000,000 US dollars
- **Other assets**: 19,769,000,000 US dollars
- **Other intangible assets, net**: 11,129,000,000 US dollars
- **Investments in unconsolidated businesses**: 842,000,000 US dollars
- **Accounts payable and accrued liabilities**: 23,374,000,000 US dollars
- **Debt maturing within one year**: 22,633,000,000 US dollars
- **Other current liabilities**: 14,349,000,000 US dollars
- **Current operating lease liabilities**: 4,415,000,000 US dollars
- **Long-term debt**: 121,381,000,000 US dollars
- **Deferred income taxes**: 46,732,000,000 US dollars
- **Non-current operating lease liabilities**: 19,928,000,000 US dollars
- **Other liabilities**: 19,327,000,000 US dollars
- **Employee benefit obligations**: 11,997,000,000 US dollars
- **Retained earnings**: 89,110,000,000 US dollars
- **Additional paid in capital**: 13,466,000,000 US dollars
- **Deferred compensation – employee stock ownership plans (ESOPs) and other**: 738,000,000 US dollars
- **Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period)**: 429,000,000 US dollars
- **Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued)**: 0 US dollars
- **Noncontrolling interests**: 1,338,000,000 US dollars
- **Common stock in treasury, at cost (81,753,488 and 87,172,997 shares outstanding)**: negative 3,583,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 923,000,000 US dollars
- **Gross equity (calculated)**: 105,081,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.