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Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Deferred Compensation-ESOPs and Other
Noncontrolling Interests
Balance at beginning of year (in shares) at Dec. 31, 2021   4,291,434,000            
Treasury stock, beginning balance (in shares) at Dec. 31, 2021           (93,635,000)    
Balance at beginning of year at Dec. 31, 2021   $ 429 $ 13,861 $ 71,993 $ (927) $ (4,104) $ 538 $ 1,410
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other     (441) (9)        
Net income attributable to Verizon $ 21,256     21,256        
Dividends declared ($2.685, $2.635, $2.585 per share)       (10,860)        
Foreign currency translation adjustments (153)       (153)      
Unrealized gain on cash flow hedges 322       322      
Unrealized gain (loss) on fair value hedges (431)       (431)      
Unrealized gain (loss) on marketable securities (25)       (25)      
Defined benefit pension and postretirement plans (651)       (651)      
Other comprehensive income (loss) attributable to Verizon $ (938)       (938)      
Employee plans (in shares)           2,048,000    
Employee plans           $ 90    
Shareowner plans (in shares) 2,100,000         15,000    
Shareowner plans $ 91         $ 1    
Restricted stock equity grant             423  
Amortization             (168)  
Total comprehensive income 20,810             492
Distributions and other               (583)
Balance at end of year (in shares) at Dec. 31, 2022   4,291,434,000            
Treasury stock, ending balance (in shares) at Dec. 31, 2022           (91,572,000)    
Balance at end of year at Dec. 31, 2022 92,463 $ 429 13,420 82,380 (1,865) $ (4,013) 793 1,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other     211 3        
Net income attributable to Verizon 11,614     11,614        
Dividends declared ($2.685, $2.635, $2.585 per share)       (11,082)        
Foreign currency translation adjustments 62       62      
Unrealized gain on cash flow hedges 88       88      
Unrealized gain (loss) on fair value hedges 536       536      
Unrealized gain (loss) on marketable securities 7       7      
Defined benefit pension and postretirement plans (208)       (208)      
Other comprehensive income (loss) attributable to Verizon $ 485       485      
Employee plans (in shares)           4,380,000    
Employee plans           $ 191    
Shareowner plans (in shares) 4,400,000         19,000    
Shareowner plans $ 192         $ 1    
Restricted stock equity grant             296  
Amortization             (433)  
Total comprehensive income $ 12,580             481
Distributions and other               (431)
Balance at end of year (in shares) at Dec. 31, 2023   4,291,434,000            
Treasury stock, ending balance (in shares) at Dec. 31, 2023 (87,172,997)         (87,173,000)    
Balance at end of year at Dec. 31, 2023 $ 93,799 $ 429 13,631 82,915 (1,380) $ (3,821) 656 1,369
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other     (165) (5)        
Net income attributable to Verizon 17,506     17,506        
Dividends declared ($2.685, $2.635, $2.585 per share)       (11,306)        
Foreign currency translation adjustments (97)       (97)      
Unrealized gain on cash flow hedges 81       81      
Unrealized gain (loss) on fair value hedges 484       484      
Unrealized gain (loss) on marketable securities (3)       (3)      
Defined benefit pension and postretirement plans (8)       (8)      
Other comprehensive income (loss) attributable to Verizon $ 457       457      
Employee plans (in shares)           5,407,000    
Employee plans           $ 237    
Shareowner plans (in shares) 5,400,000         13,000    
Shareowner plans $ 238         $ 1    
Restricted stock equity grant             447  
Amortization             (365)  
Total comprehensive income $ 18,406             443
Distributions and other               (474)
Balance at end of year (in shares) at Dec. 31, 2024   4,291,434,000            
Treasury stock, ending balance (in shares) at Dec. 31, 2024 (81,753,488)         (81,753,000)    
Balance at end of year at Dec. 31, 2024 $ 100,575 $ 429 $ 13,466 $ 89,110 $ (923) $ (3,583) $ 738 $ 1,338