Equity and Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 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 September 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									13,258												13,412

Other									(8)												(4)
Balance at end of period									13,250												13,408

Retained Earnings
Balance at beginning of period									97,728												93,275


Net income attributable to Verizon									5,198												4,950
Dividends declared ($0.7075, $0.6900 per share)									(2,931)												(2,909)

Balance at end of period									99,995												95,316

Accumulated Other Comprehensive Loss
Balance at beginning of period attributable to Verizon									(1,784)												(1,475)


Foreign currency translation adjustments									(5)												(3)
Unrealized gain (loss) on cash flow hedges									20												(13)
Unrealized gain (loss) on fair value hedges									141												(161)
Unrealized gain (loss) on marketable securities									(11)												3
Defined benefit pension and postretirement plans									15												(2)
Other comprehensive income (loss)									160												(176)
Balance at end of period attributable to Verizon									(1,624)												(1,651)

Treasury Stock
Balance at beginning of period			(136,658)						(6,312)						(75,108)						(3,292)
Shares purchased			(10,384)						(500)						—						—
Employee plans			207						10						100						5


Balance at end of period			(146,835)						(6,802)						(75,008)						(3,287)

Deferred Compensation-ESOPs and Other
Balance at beginning of period									601												714
Restricted stock equity grant									152												116
Amortization									(15)												(3)
Balance at end of period									738												827

Noncontrolling Interests
Balance at beginning of period									1,276												1,298





Total comprehensive income									122												106
Distributions and other									(92)												(101)
Balance at end of period									1,306												1,303
Total Equity									$	107,292											$	106,345


			Nine Months Ended September 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									(122)												(58)
Balance at end of period									13,250												13,408

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


Net income attributable to Verizon									14,078												14,832
Dividends declared ($2.1225, $2.0450 per share)									(8,827)												(8,626)

Balance at end of period									99,995												95,316

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


Foreign currency translation adjustments									(25)												140
Unrealized gain (loss) on cash flow hedges									66												(13)
Unrealized gain (loss) on fair value hedges									495												(853)
Unrealized gain (loss) on marketable securities									(13)												4
Defined benefit pension and postretirement plans									(420)												(6)
Other comprehensive income (loss)									103												(728)
Balance at end of period attributable to Verizon									(1,624)												(1,651)

Treasury Stock
Balance at beginning of period			(74,258)						(3,255)						(81,753)						(3,583)
Shares purchased			(82,431)						(4,000)						—						—
Employee plans			9,854						453						6,745						296


Balance at end of period			(146,835)						(6,802)						(75,008)						(3,287)

Deferred Compensation-ESOPs and Other
Balance at beginning of period									897												738
Restricted stock equity grant									481												490
Amortization									(640)												(401)
Balance at end of period									738												827

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





Total comprehensive income									337												328
Distributions and other									(312)												(363)
Balance at end of period									1,306												1,303
Total Equity									$	107,292											$	106,345

Schedule of Components in Accumulated Other Comprehensive Income (Loss)

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			—						—												544						—						—						544
Other comprehensive loss			(25)						—												—						(13)						(451)						(489)
Amounts reclassified to net income			—						66												(49)						—						31						48
Net other comprehensive income (loss)			(25)						66												495						(13)						(420)						103
Balance at September 30, 2026			$	(632)					$	(923)											$	167					$	(13)					$	(223)					$	(1,624)