Equity and Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2026

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 June 30,
									2026												2025
(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									13,263												13,415

Other									(5)												(3)
Balance at end of period									13,258												13,412

Retained Earnings
Balance at beginning of period									96,824												91,128


Net income attributable to Verizon									3,835												5,003
Dividends declared ($0.7075, $0.6775 per share)									(2,931)												(2,856)

Balance at end of period									97,728												93,275

Accumulated Other Comprehensive Loss
Balance at beginning of period attributable to Verizon									(2,372)												(1,489)


Foreign currency translation adjustments									8												76
Unrealized gain (loss) on cash flow hedges									23												(21)
Unrealized gain (loss) on fair value hedges									542												(39)
Unrealized gain on marketable securities									1												—
Defined benefit pension and postretirement plans									14												(2)
Other comprehensive income									588												14
Balance at end of period attributable to Verizon									(1,784)												(1,475)

Treasury Stock
Balance at beginning of period			(115,874)						(5,335)						(75,178)						(3,295)
Shares purchased			(21,289)						(1,000)						—						—
Employee plans			505						23						70						3


Balance at end of period			(136,658)						(6,312)						(75,108)						(3,292)

Deferred Compensation-ESOPs and Other
Balance at beginning of period									500												534
Restricted stock equity grant									188												183
Amortization									(87)												(3)
Balance at end of period									601												714

Noncontrolling Interests
Balance at beginning of period									1,313												1,315





Total comprehensive income									114												118
Distributions and other									(151)												(135)
Balance at end of period									1,276												1,298
Total Equity									$	105,196											$	104,361


			Six Months Ended June 30,
									2026												2025
(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									13,372												13,466

Other									(114)												(54)
Balance at end of period									13,258												13,412

Retained Earnings
Balance at beginning of period									94,744												89,110


Net income attributable to Verizon									8,880												9,882
Dividends declared ($1.4150, $1.3550 per share)									(5,896)												(5,717)

Balance at end of period									97,728												93,275

Accumulated Other Comprehensive Loss
Balance at beginning of period attributable to Verizon									(1,727)												(923)


Foreign currency translation adjustments									(20)												143
Unrealized gain on cash flow hedges									46												—
Unrealized gain (loss) on fair value hedges									354												(692)
Unrealized gain (loss) on marketable securities									(2)												1
Defined benefit pension and postretirement plans									(435)												(4)
Other comprehensive loss									(57)												(552)
Balance at end of period attributable to Verizon									(1,784)												(1,475)

Treasury Stock
Balance at beginning of period			(74,258)						(3,255)						(81,753)						(3,583)
Shares purchased			(72,047)						(3,500)						—						—
Employee plans			9,647						443						6,645						291


Balance at end of period			(136,658)						(6,312)						(75,108)						(3,292)

Deferred Compensation-ESOPs and Other
Balance at beginning of period									897												738
Restricted stock equity grant									329												374
Amortization									(625)												(398)
Balance at end of period									601												714

Noncontrolling Interests
Balance at beginning of period									1,281												1,338





Total comprehensive income									215												222
Distributions and other									(220)												(262)
Balance at end of period									1,276												1,298
Total Equity									$	105,196											$	104,361

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 loss on marketable securities						Defined benefit pension and postretirement plans						Total
Balance at January 1, 2026			$	(607)					$	(989)											$	(328)					$	—					$	197					$	(1,727)


Excluded components recognized in other comprehensive income			—						—												386						—						—						386
Other comprehensive loss			(20)						—												—						(2)						(452)						(474)
Amounts reclassified to net income			—						46												(32)						—						17						31
Net other comprehensive income (loss)			(20)						46												354						(2)						(435)						(57)
Balance at June 30, 2026			$	(627)					$	(943)											$	26					$	(2)					$	(238)					$	(1,784)