v3.26.1
Investments in Master Trust (Tables)
12 Months Ended
Dec. 31, 2025
EBP 105  
EBP, Master Trust [Line Items]  
EBP, Master Trust
The following table presents the net assets of the Master Trust and the Plan’s interest in the Master Trust as of December 31, 2025 and 2024 (in thousands), respectively:
December 31, 2025December 31, 2024
Master Trust Balances
Plan's Interest in Master Trust Balances
Master Trust Balances
Plan's Interest in Master Trust Balances
  Cash and cash equivalents$1,765,614 $13,937 $1,767,488 $14,454 
  U.S. government securities3,196,919 25,234 2,765,873 22,619 
  Preferred debt securities778,496 6,145 765,080 6,257 
  Other debt securities1,036,142 8,179 1,060,410 8,672 
  Preferred stock44,560 352 34,505 282 
  Common stock6,135,376 48,428 9,699,087 79,317 
  Verizon common stock3,782,978 29,860 3,871,715 31,662 
  Common/collective trusts22,073,102 174,229 16,479,964 134,770 
  Pooled separate accounts925,667 7,307 756,563 6,187 
  Mutual funds971,145 7,666 783,662 6,409 
  Other365,004 2,881 303,357 2,481 
Total investments in the Verizon Savings Master Trust at fair value$41,075,003 $324,218 $38,287,704 $313,110 
  Receivables3,782,771 14,417 1,709,036 5,124 
  Payables(4,515,902)(35,407)(2,334,686)(26,287)
Total net assets in Verizon Master Savings Trust at fair value$40,341,872 $303,228 $37,662,054 $291,947 
  Fully benefit-responsive investment contracts630,899 20,183 638,484 21,263 
Total investments in the Verizon Master Savings Trust at contract value$630,899 $20,183 $638,484 $21,263 
Total investments$40,972,771 $323,411 $38,300,538 $313,210