Verizon Communications (LTS:0Q1S) Buildings And Improvements : $0 Mil (As of Mar. 2024)

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What is Verizon Communications Buildings And Improvements?

Verizon Communications's quarterly buildings and improvements increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($36,940 Mil) but then declined from Dec. 2023 ($36,940 Mil) to Mar. 2024 ($0 Mil).

Verizon Communications's annual buildings and improvements increased from Dec. 2021 ($33,361 Mil) to Dec. 2022 ($35,382 Mil) and increased from Dec. 2022 ($35,382 Mil) to Dec. 2023 ($36,940 Mil).

Verizon Communications Buildings And Improvements Historical Data

The historical data trend for Verizon Communications's Buildings And Improvements 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 Buildings And Improvements Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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31,216.00

32,933.00

33,361.00

35,382.00

36,940.00

Verizon Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	36,940.00	-

Verizon Communications Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Verizon Communications (LTS:0Q1S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (LTS:0Q1S) » Definitions » Buildings And Improvements

Comparable Companies

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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.

Verizon Communications (LTS:0Q1S) Headlines

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