XML 91 R63.htm IDEA: XBRL DOCUMENT v3.20.1
Equity and Accumulated Other Comprehensive Income - Changes in Components of Total equity (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Jan. 01, 2020
Jan. 01, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance $ 62,835      
Net income attributable to Verizon 4,156 $ 5,032    
Foreign currency translation adjustments (120) 24    
Unrealized loss on cash flow hedges, net of tax of $792 and $5 (2,210) (13)    
Unrealized gain (loss) on marketable securities (1) 4    
Defined benefit pension and postretirement plans (169) (169)    
Other comprehensive loss $ (2,500)      
Shareholder plans (in shares) 2,200      
Total comprehensive income $ 1,787 5,006    
Ending Balance $ 61,653 $ 57,460    
Dividends declared per common share (USD per share) $ 0.615 $ 0.6025    
Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance $ 429 $ 429    
Beginning balance (in shares) 4,291,434 4,291,434    
Ending Balance (in shares) 4,291,434 4,291,434    
Ending Balance $ 429 $ 429    
Additional Paid In Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 13,419 13,437    
Other (117) (19)    
Ending Balance 13,302 13,418    
Retained Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 53,147 43,542    
Opening balance sheet adjustment     $ (200) $ 410
Adjusted Beginning Balance     52,947 43,952
Net income attributable to Verizon 4,156 5,032    
Dividends declared ($0.6150, $0.6025 per share) (2,546) (2,491)    
Ending Balance 54,557 46,493    
Accumulated Other Comprehensive Income        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 998 2,370    
Foreign currency translation adjustments (120) 24    
Unrealized loss on cash flow hedges, net of tax of $792 and $5 (2,210) (13)    
Unrealized gain (loss) on marketable securities (1) 4    
Defined benefit pension and postretirement plans (169) (169)    
Other comprehensive loss (2,500) (154)    
Ending Balance (1,502) 2,216    
Treasury Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance $ (6,820) $ (6,986)    
Beginning balance (in shares) 155,606 159,400    
Employee plans (in shares) 2,164 3,668    
Employee plans $ 95 $ 161    
Shareholder plans (in shares) 4 5    
Shareholder plans $ 0 $ 0    
Ending Balance (in shares) 153,438 155,727    
Ending Balance $ (6,725) $ (6,825)    
Deferred Compensation-ESOPs and Other        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 222 353    
Restricted stock equity grant 15 35    
Amortization (88) (263)    
Ending Balance 149 125    
Noncontrolling Interests        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 1,440 1,565    
Opening balance sheet adjustment     0 1
Adjusted Beginning Balance     $ 1,440 $ 1,566
Total comprehensive income 131 128    
Distributions and other (128) (90)    
Ending Balance $ 1,443 $ 1,604