Verizon Communications (WBO:VZ) Accumulated Depreciation : €-197,251 Mil (As of Mar. 2024)

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What is Verizon Communications Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Verizon Communications's quarterly accumulated depreciation declined from Sep. 2023 (€-196,093 Mil) to Dec. 2023 (€-194,219 Mil) but then increased from Dec. 2023 (€-194,219 Mil) to Mar. 2024 (€-197,251 Mil).

Verizon Communications's annual accumulated depreciation increased from Dec. 2021 (€-168,328 Mil) to Dec. 2022 (€-189,041 Mil) and increased from Dec. 2022 (€-189,041 Mil) to Dec. 2023 (€-194,219 Mil).

Verizon Communications Accumulated Depreciation Historical Data

The historical data trend for Verizon Communications's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Verizon Communications Accumulated Depreciation Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-156,437.10

-151,991.09

-168,327.89

-189,040.72

-194,218.77

Verizon Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-190,098.89	-190,280.14	-196,092.55	-194,218.77	-197,250.76

Verizon Communications Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Verizon Communications Accumulated Depreciation Related Terms

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Verizon Communications (WBO:VZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (WBO:VZ) » Definitions » Accumulated Depreciation

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Address

1095 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.verizon.com

Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.