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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted and Performance Stock Unit Activity
The following table summarizes Verizon’s Restricted Stock Unit and Performance Stock Unit activity:
Restricted Stock UnitsPerformance Stock Units
(shares in thousands)Equity AwardsLiability AwardsEquity AwardsLiability Awards
Outstanding January 1, 20226,779 17,290 8,640 4,465 
Granted4,149 11,309 5,752 197 
Payments(3,313)(6,363)— (2,075)
Cancelled/Forfeited(362)(1,627)(567)(2,171)
Outstanding December 31, 20227,253 20,609 13,825 416 
Granted13,047 17,441 2,537 12 
Payments(3,612)(12,198)(3,495)(121)
Cancelled/Forfeited(836)(2,366)(693)(31)
Outstanding December 31, 202315,852 23,486 12,174 276 
Granted11,118 16,172 (12)(46)
Payments(6,439)(12,393)(2,175)(71)
Cancelled/Forfeited(533)(1,379)(181)(1)
Outstanding December 31, 202419,998 25,886 9,806 158