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Verizon Communications$53.56($.86)(1.58%)

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Balance Sheet for Verizon Communications
(Amounts are in millions) 12/2017 12/2016 12/2015
Cash $2,079.00 $2,880.00 $4,470.00
Marketable Securities $0.00 $0.00 $350.00
Receivables $23,493.00 $17,513.00 $13,457.00
Inventory $1,034.00 $1,202.00 $1,252.00
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 $3,307.00 $4,800.00 $2,751.00
Total Current Assets $29,913.00 $26,395.00 $22,280.00
 
Property, Plant & Equipment $246,498.00 $232,215.00 $220,163.00
Accumulated Depreciation $157,930.00 $147,464.00 $136,622.00
Net Property, Plant & Equipment $88,568.00 $84,751.00 $83,541.00
Investment & Advances $1,039.00 $1,110.00 $796.00
Other non-current Assets $0.00 $0.00 $0.00
Deferred Charges $0.00 $0.00 $0.00
Intangibles $127,836.00 $122,775.00 $120,244.00
Deposits & other assets $9,787.00 $9,149.00 $17,779.00
TOTAL ASSETS $257,143.00 $244,180.00 $244,640.00
 
Notes Payable $0.00 $0.00 $0.00
Accounts Payable $21,232.00 $19,593.00 $19,362.00
Current Portion of Long-term Debt $3,453.00 $2,645.00 $6,489.00
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 $8,352.00 $8,102.00 $9,201.00
Total Current Liabilities $33,037.00 $30,340.00 $35,052.00
 
Mortgages $0.00 $0.00 $0.00
Deferred Charges (taxes/income) $31,232.00 $45,964.00 $45,484.00
Convertible Debt $0.00 $0.00 $0.00
Long Term Debt $113,642.00 $105,433.00 $103,705.00
Non-Current Capital Leases $0.00 $0.00 $0.00
Other Long-Term Debt $34,545.00 $38,411.00 $42,557.00
Minority Interest (liabilities) $0.00 $0.00 $0.00
TOTAL LIABILITIES $212,456.00 $220,148.00 $226,798.00
 
Preferred Stock $0.00 $0.00 $0.00
Common Stock, Net $424.00 $424.00 $424.00
Capital Surplus $11,101.00 $11,182.00 $11,196.00
Retained Earnings $35,635.00 $15,059.00 $11,246.00
Treasury Stock $7,139.00 $7,263.00 $7,416.00
Other Liabilities $4,666.00 $4,630.00 $2,392.00
SHAREHOLDERS' EQUITY $44,687.00 $24,032.00 $17,842.00
TOTAL LIABILITES &SHAREHOLDERS EQUITY $257,143.00 $244,180.00 $244,640.00




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