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Verizon Communications (MIL:1VZ) Buildings And Improvements : €0 Mil (As of Mar. 2025)


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What is Verizon Communications Buildings And Improvements?

Verizon Communications's quarterly buildings and improvements increased from Sep. 2024 (€0 Mil) to Dec. 2024 (€37,369 Mil) but then declined from Dec. 2024 (€37,369 Mil) to Mar. 2025 (€0 Mil).

Verizon Communications's annual buildings and improvements increased from Dec. 2022 (€33,401 Mil) to Dec. 2023 (€33,874 Mil) and increased from Dec. 2023 (€33,874 Mil) to Dec. 2024 (€37,369 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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,070.93 29,524.49 33,400.61 33,873.98 37,369.15

Verizon Communications Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 37,369.15 -

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 Business Description

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

Verizon Communications Headlines

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