Verizon Communications (Verizon Communications) Total Liabilities : $284,432.00 Mil (As of Mar. 2024)

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What is Verizon Communications Total Liabilities?

Verizon Communications's Total Liabilities for the quarter that ended in Mar. 2024 was $284,432.00 Mil.

Verizon Communications's quarterly Total Liabilities increased from Sep. 2023 ($285,742.00 Mil) to Dec. 2023 ($286,456.00 Mil) but then declined from Dec. 2023 ($286,456.00 Mil) to Mar. 2024 ($284,432.00 Mil).

Verizon Communications's annual Total Liabilities increased from Dec. 2021 ($283,396.00 Mil) to Dec. 2022 ($287,217.00 Mil) but then declined from Dec. 2022 ($287,217.00 Mil) to Dec. 2023 ($286,456.00 Mil).

Verizon Communications Total Liabilities Historical Data

The historical data trend for Verizon Communications's Total Liabilities 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 Total Liabilities Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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228,892.00

247,209.00

283,396.00

287,217.00

286,456.00

Verizon Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															283,497.00	283,453.00	285,742.00	286,456.00	284,432.00

Verizon Communications Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Verizon Communications's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	53223	+	(157703	+	16560
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	45781	+	13189)
	=	286,456.00

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	380255	-	93799
	=	286,456.00

Verizon Communications's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	53631	+	(155758	+	16258
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	45980	+	12805)
	=	284,432.00

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	380158	-	95726
	=	284,432.00

Verizon Communications Total Liabilities Related Terms

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Verizon Communications (Verizon Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (NYSE:VZA.PFD) » Definitions » Total Liabilities

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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.