Equity and Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2013

Schedule Of Changes In Components Of Total Equity

Changes in the components of Total equity were as follows:

(dollars in millions)	Attributable to Verizon			Noncontrolling Interests			Total Equity
Balance at January 1, 2013	$	33,157		$	52,376		$	85,533
Net income		4,198			5,855			10,053
Other comprehensive loss		(241	)		(15	)		(256	)
Comprehensive income		3,957			5,840			9,797
Contributed capital		(95	)		–			(95	)
Dividends declared		(2,947	)		–			(2,947	)
Common stock in treasury		97			–			97
Distributions and other		(108	)		(5,121	)		(5,229	)
Balance at June 30, 2013	$	34,061		$	53,095		$	87,156

Schedule Of Components In Accumulated Other Comprehensive Income

The changes in the balances of Accumulated other comprehensive income by component are as follows:

(dollars in millions)	Foreign currency translation adjustments			Unrealized loss on cash flow hedges			Unrealized loss on marketable securities			Defined benefit pension and postretirement plans			Total
Balance at January 1, 2013	$	793		$	88		$	101		$	1,253		$	2,235
Other comprehensive loss		(136	)		(37	)		(7	)		–			(180	)
Amounts reclassified to net income		–			19			(8	)		(72	)		(61	)
Net other comprehensive loss		(136	)		(18	)		(15	)		(72	)		(241	)
Balance at June 30, 2013	$	657		$	70		$	86		$	1,181		$	1,994