Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash Flows from Operating Activities
Net Income	$ 17,949	$ 12,095	$ 21,748
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	17,892	17,624	17,099
Employee retirement benefits	(52)	1,206	(2,046)
Deferred income taxes	815	2,388	2,973
Provision for expected credit losses	2,338	2,214	1,611
Equity in losses (earnings) of unconsolidated businesses, net of dividends received	75	84	(10)
Verizon Business Group goodwill impairment	0	5,841	0
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses:
Accounts receivable	(2,565)	(2,198)	(1,978)
Inventories	(196)	287	627
Prepaid expenses and other	(626)	(435)	928
Accounts payable and accrued liabilities and Other current liabilities	1,109	2,079	(33)
Other, net	173	(3,710)	(3,778)
Net cash provided by operating activities	36,912	37,475	37,141
Cash Flows from Investing Activities
Capital expenditures (including capitalized software)	(17,090)	(18,767)	(23,087)
Cash received (paid) related to acquisitions of businesses, net of cash acquired	0	(30)	248
Acquisitions of wireless licenses	(900)	(5,796)	(3,653)
Collateral receipts (payments) related to derivative contracts, net	(712)	880	(2,265)
Proceeds from disposition of business	0	0	33
Other, net	28	281	62
Net cash used in investing activities	(18,674)	(23,432)	(28,662)
Cash Flows from Financing Activities
Proceeds from long-term borrowings	3,146	2,018	7,074
Proceeds from asset-backed long-term borrowings	12,422	6,594	10,732
Net proceeds from (repayments of) short-term commercial paper	0	(150)	106
Repayments of long-term borrowings and finance lease obligations	(11,854)	(6,181)	(8,616)
Repayments of asset-backed long-term borrowings	(8,490)	(4,443)	(4,948)
Dividends paid	(11,249)	(11,025)	(10,805)
Other, net	(1,075)	(1,470)	(2,072)
Net cash used in financing activities	(17,100)	(14,657)	(8,529)
Increase (decrease) in cash, cash equivalents and restricted cash	1,138	(614)	(50)
Cash, cash equivalents and restricted cash, beginning of period	3,497	4,111	4,161
Cash, cash equivalents and restricted cash, end of period	$ 4,635	$ 3,497	$ 4,111