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Verizon Communications$55.24$.45.82%

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Balance Sheet for Verizon Communications
(Amounts are in millions) 12/2019 12/2018 12/2017
Cash $2,594.00 $2,745.00 $2,079.00
Marketable Securities $0.00 $0.00 $0.00
Receivables $25,429.00 $25,102.00 $23,493.00
Inventory $1,422.00 $1,336.00 $1,034.00
Raw Materials N/A N/A N/A
Work in Progress N/A N/A N/A
Finished Goods N/A N/A N/A
Notes Receivable $0.00 $0.00 $0.00
Other Current Assets $8,028.00 $5,453.00 $3,307.00
Total Current Assets $37,473.00 $34,636.00 $29,913.00
 
Property, Plant & Equipment $265,734.00 $252,835.00 $246,498.00
Accumulated Depreciation $173,819.00 $163,549.00 $157,930.00
Net Property, Plant & Equipment $91,915.00 $89,286.00 $88,568.00
Investment & Advances $558.00 $671.00 $1,039.00
Other non-current Assets $0.00 $0.00 $0.00
Deferred Charges $0.00 $0.00 $0.00
Intangibles $128,946.00 $128,519.00 $127,836.00
Deposits & other assets $32,835.00 $11,717.00 $9,787.00
TOTAL ASSETS $291,727.00 $264,829.00 $257,143.00
 
Notes Payable $0.00 $0.00 $0.00
Accounts Payable $21,806.00 $22,501.00 $21,232.00
Current Portion of Long-term Debt $14,038.00 $7,190.00 $3,453.00
Current Portion of Capital Leases $0.00 $0.00 $0.00
Accrued Expenses $0.00 $0.00 $0.00
Income Taxes Payable $0.00 $0.00 $0.00
Other Current Liabilities $9,024.00 $8,239.00 $8,352.00
Total Current Liabilities $44,868.00 $37,930.00 $33,037.00
 
Mortgages $0.00 $0.00 $0.00
Deferred Charges (taxes/income) $34,703.00 $33,795.00 $31,232.00
Convertible Debt $0.00 $0.00 $0.00
Long Term Debt $119,105.00 $105,873.00 $113,642.00
Non-Current Capital Leases $0.00 $0.00 $0.00
Other Long-Term Debt $30,216.00 $32,521.00 $34,545.00
Minority Interest (liabilities) $0.00 $0.00 $0.00
TOTAL LIABILITIES $228,892.00 $210,119.00 $212,456.00
 
Preferred Stock $0.00 $0.00 $0.00
Common Stock, Net $429.00 $429.00 $424.00
Capital Surplus $13,419.00 $13,437.00 $11,101.00
Retained Earnings $53,147.00 $43,542.00 $35,635.00
Treasury Stock $6,820.00 $6,986.00 $7,139.00
Other Liabilities $2,660.00 $4,288.00 $4,666.00
SHAREHOLDERS' EQUITY $62,835.00 $54,710.00 $44,687.00
TOTAL LIABILITES &SHAREHOLDERS EQUITY $291,727.00 $264,829.00 $257,143.00




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