Verizon Communications (XBUL:BAC) PensionAndRetirementBenefit : лв20,267 Mil (As of Mar. 2025)

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What is Verizon Communications PensionAndRetirementBenefit?

Verizon Communications's PensionAndRetirementBenefit for the quarter that ended in Mar. 2025 was лв20,267 Mil.

Verizon Communications's quarterly PensionAndRetirementBenefit declined from Sep. 2024 (лв21,901 Mil) to Dec. 2024 (лв20,617 Mil) and declined from Dec. 2024 (лв20,617 Mil) to Mar. 2025 (лв20,267 Mil).

Verizon Communications's annual PensionAndRetirementBenefit increased from Dec. 2022 (лв22,296 Mil) to Dec. 2023 (лв22,666 Mil) but then declined from Dec. 2023 (лв22,666 Mil) to Dec. 2024 (лв20,617 Mil).

Verizon Communications PensionAndRetirementBenefit Historical Data

The historical data trend for Verizon Communications's PensionAndRetirementBenefit 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 PensionAndRetirementBenefit Chart

Verizon Communications Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

PensionAndRetirementBenefit

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32,062.99

26,482.86

22,296.47

22,665.96

20,617.44

Verizon Communications Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
PensionAndRetirementBenefit	Get a 7-Day Free Trial															22,006.03	22,018.06	21,901.20	20,617.44	20,266.86

Verizon Communications PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Verizon Communications Business Description

Industry

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Address

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

Website

https://www.verizon.com

Wireless services account for nearly 75% 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, including about 20 million with the Fios fiber optic network. These networks 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.