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Verizon Communications (XTER:BAC) PensionAndRetirementBenefit : €10,909 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 €10,909 Mil.

Verizon Communications's quarterly PensionAndRetirementBenefit declined from Sep. 2024 (€11,482 Mil) to Dec. 2024 (€11,457 Mil) and declined from Dec. 2024 (€11,457 Mil) to Mar. 2025 (€10,909 Mil).

Verizon Communications's annual PensionAndRetirementBenefit declined from Dec. 2022 (€12,247 Mil) to Dec. 2023 (€12,094 Mil) and declined from Dec. 2023 (€12,094 Mil) to Dec. 2024 (€11,457 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,336.05 13,637.85 12,247.46 12,094.31 11,457.14

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 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 11,780.60 11,902.35 11,482.34 11,457.14 10,908.53

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

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