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Verizon Communications$55.65($.30)(.54%)

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Income Statement for Verizon Communications
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $126,034.00 $125,980.00 $131,620.00
Cost of Goods Sold $51,556.00 $51,424.00 $52,557.00
Gross Profit $74,478.00 $74,556.00 $79,063.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $30,110.00 $31,569.00 $29,986.00
Income Before Depreciation $44,368.00 $42,987.00 $49,077.00
       
Depreciation, Depletion, Amortization $16,954.00 $15,928.00 $16,017.00
Non-Operating Income ($2,087.00) ($1,697.00) $100.00
Interest Expense $4,733.00 $4,376.00 $4,920.00
Pretax Income $20,594.00 $20,986.00 $28,240.00
       
Provision for Income Taxes ($9,956.00) $7,378.00 $9,865.00
Minority Interest $449.00 $481.00 $496.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $30,550.00 $13,608.00 $18,375.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $30,101.00 $13,127.00 $17,879.00
       
Basic Earnings Per Share $7.37 $3.22 $4.38
Diluted Earnings Per Share $7.36 $3.21 $4.37
       
Weighted Average Basic Shares Outstanding 4,084.00 4,080.00 4,085.00
Weighted Average Diluted Shares Outstanding 4,089.00 4,086.00 4,093.00
       
Income Before Non-Recurring Items $15,297.00 $15,792.90 $16,323.66
Income From Non-Recurring Items $14,804.00 ($2,665.90) $1,555.34
Diluted Earnings Per Share before extras $3.74 $3.86 $3.99
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $9,473.48 $9,264.15 $9,021.69
Dividend Per Share (common) $2.32 $2.27 $2.22




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