Equity and Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2025

Stockholders' Equity Note [Abstract]

Schedule of Changes in Components of Total Equity

Changes in the components of Total equity were as follows:

	Three Months Ended March 31,
		2025			2024
(dollars in millions, except per share amounts, and shares in thousands)	Shares	Amount		Shares	Amount
Common Stock
Balance at beginning of period	4,291,434	$	429	4,291,434	$	429
Balance at end of period	4,291,434	429		4,291,434	429
Additional Paid In Capital
Balance at beginning of period		13,466			13,631
Other		(51)			(60)
Balance at end of period		13,415			13,571
Retained Earnings
Balance at beginning of period		89,110			82,915
Net income attributable to Verizon		4,879			4,602
Dividends declared ($0.6775, $0.6650 per share)		(2,861)			(2,799)
Other		—			(4)
Balance at end of period		91,128			84,714
Accumulated Other Comprehensive Loss
Balance at beginning of period attributable to Verizon		(923)			(1,380)
Foreign currency translation adjustments		67			(50)
Unrealized gain on cash flow hedges		21			35
Unrealized gain (loss) on fair value hedges		(653)			200
Unrealized gain (loss) on marketable securities		1			(2)
Defined benefit pension and postretirement plans		(2)			(2)
Other comprehensive income (loss)		(566)			181
Balance at end of period attributable to Verizon		(1,489)			(1,199)
Treasury Stock
Balance at beginning of period	(81,753)	(3,583)		(87,173)	(3,821)
Employee plans	6,575	288		4,992	219
Shareholder plans	—	—		2	—
Balance at end of period	(75,178)	(3,295)		(82,179)	(3,602)
Deferred Compensation-ESOPs and Other
Balance at beginning of period		738			656
Restricted stock equity grant		191			102
Amortization		(395)			(337)
Balance at end of period		534			421
Noncontrolling Interests
Balance at beginning of period		1,338			1,369
Total comprehensive income		104			120
Distributions and other		(127)			(97)
Balance at end of period		1,315			1,392
Total Equity		$	102,037		$	95,726

Schedule of Components in Accumulated Other Comprehensive Income

The changes in the balances of Accumulated other comprehensive loss by component were as follows:

(dollars in millions)	Foreign  currency translation adjustments		Unrealized gain (loss) on cash flow hedges		Unrealized gain (loss) on fair value hedges		Unrealized gain (loss) on marketable securities		Defined benefit pension and postretirement plans		Total
Balance at January 1, 2025	$	(733)	$	(981)	$	589	$	(5)	$	207	$	(923)
Excluded components recognized in other comprehensive income	—		—		(636)		—		—		(636)
Other comprehensive income	67		—		—		1		—		68
Amounts reclassified to net income	—		21		(17)		—		(2)		2
Net other comprehensive income (loss)	67		21		(653)		1		(2)		(566)
Balance at March 31, 2025	$	(666)	$	(960)	$	(64)	$	(4)	$	205	$	(1,489)