VZ (Verizon Communications) Accumulated Depreciation : $-220,027 Mil (As of Sep. 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 increased from Mar. 2024 ($-214,403 Mil) to Jun. 2024 ($-217,088 Mil) and increased from Jun. 2024 ($-217,088 Mil) to Sep. 2024 ($-220,027 Mil).

Verizon Communications's annual accumulated depreciation increased from Dec. 2021 ($-190,201 Mil) to Dec. 2022 ($-200,255 Mil) and increased from Dec. 2022 ($-200,255 Mil) to Dec. 2023 ($-211,798 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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-173,819.00

-184,904.00

-190,201.00

-200,255.00

-211,798.00

Verizon Communications Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-209,277.00	-211,798.00	-214,403.00	-217,088.00	-220,027.00

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 Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

VZ:Peru VZ:Mexico VZ_KZ:Kazakhstan 1VZ:Italy BACd:UK BACB:Germany BAC:Germany BAC:Germany BAC:Germany BAC:Germany VZ:Canada VERZ34:Brazil VZ:Austria VZ:Argentina

Address

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

Website

https://www.verizon.com

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 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. Verizon agreed to acquire Frontier Communications in September 2024.

Executives

Kyle Malady	officer: EVP & Chief Technology Officer	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Craig L. Silliman	officer: EVP of PubPolicy & Gen Counsel	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Samantha Hammock	officer: EVP & Chief HR Officer	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joseph J. Russo	officer: EVP&Pres-Global Networks&Tech	VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mary-lee Stillwell	officer: SVP and Controller	804 CARNEGIE CENTER, PRINCETON NJ 08540
Vittorio Colao	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vandana Venkatesh	officer: EVP and General Counsel	VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sowmyanarayan Sampath	officer: EVP and Group CEO-VZ Business	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tami A. Erwin	officer: EVP and Group CEO-VZ Business	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hans Erik Vestberg	director, officer: Chairman and CEO	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Manon Brouillette	officer: EVP and Group CEO-VZ Consumer	40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8
Carol B Tome	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kumara Guru Gowrappan	officer: EVP and Group CEO-VZ Media	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Laxman Narasimhan	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Shellye L Archambeau	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036