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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Revenues    
Operating Revenues $ 32,128 $ 31,772
Operating Expenses    
Selling, general and administrative expense 7,198 6,844
Depreciation and amortization expense 4,231 4,324
Total Operating Expenses 24,419 24,423
Operating Income 7,709 7,349
Equity in losses of unconsolidated businesses (6) (19)
Other income (expense), net 295 (75)
Interest expense (1,210) (1,201)
Income Before Provision For Income Taxes 6,788 6,054
Provision for income taxes (1,628) (1,388)
Net Income 5,160 4,666
Net income attributable to noncontrolling interests 128 121
Net income attributable to Verizon 5,032 4,545
Net Income $ 5,160 $ 4,666
Basic Earnings Per Common Share    
Net income attributable to Verizon (USD per share) $ 1.22 $ 1.11
Weighted-average shares outstanding (in shares) 4,138 4,104
Diluted Earnings Per Common Share    
Net income attributable to Verizon (USD per share) $ 1.22 $ 1.11
Weighted-average shares outstanding (in shares) 4,140 4,107
Service and Other    
Operating Revenues    
Operating Revenues $ 27,197 $ 26,732
Service    
Operating Expenses    
Cost of services and equipment 7,792 7,946
Wireless equipment    
Operating Revenues    
Operating Revenues 4,931 5,040
Operating Expenses    
Cost of services and equipment $ 5,198 $ 5,309