v2.4.0.8
Consolidated Statements of Changes in Equity (USD $)
In Millions, except Share data in Thousands
Total
Common Stock
Contributed Capital
Reinvested Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income
Treasury Stock
Deferred Compensation-ESOPs and Other
Noncontrolling Interests
Balance at beginning of year at Dec. 31, 2010   $ 297 $ 37,922 $ 4,368 $ 1,049 $ (5,267) $ 200 $ 48,343
Balance at beginning of year (in shares) at Dec. 31, 2010   2,967,610       (140,587)    
Foreign currency translation adjustments (119)       (119)      
Net income attributable to noncontrolling interests (7,794)             7,794
Net income attributable to Verizon 2,404     2,404        
Restricted stock equity grant             146  
Other     (3)          
Unrealized gains (losses) on cash flow hedges         30      
Other comprehensive income (loss) 1             1
Dividends declared ($2.09, $2.03, $1.975) per share       (5,593)        
Amortization             (38)  
Employee plans (Note 15) (in shares)           6,982    
Employee plans (Note 15)           265    
Unrealized gains (losses) on marketable securities (7)       (7)      
Total comprehensive income 7,795             7,795
Defined benefit pension and postretirement plans 316       316      
Distributions and other               (6,200)
Shareowner plans, in Shares (Note 15)           11    
Other comprehensive income         220      
Balance at end of year at Dec. 31, 2011 85,908 297 37,919 1,179 1,269 (5,002) 308 49,938
Balance at end of year (in shares) at Dec. 31, 2011   2,967,610       (133,594)    
Foreign currency translation adjustments 69       69      
Net income attributable to noncontrolling interests (9,682)             9,682
Net income attributable to Verizon 875     875        
Restricted stock equity grant             196  
Other     71          
Unrealized gains (losses) on cash flow hedges         (68)      
Other comprehensive income (loss) 10             10
Dividends declared ($2.09, $2.03, $1.975) per share       (5,788)        
Amortization             (64)  
Employee plans (Note 15) (in shares)           11,434    
Employee plans (Note 15)           433    
Unrealized gains (losses) on marketable securities 29       29      
Total comprehensive income 9,692             9,692
Defined benefit pension and postretirement plans 936       936      
Distributions and other               (7,254)
Shareowner plans, in Shares (Note 15)           13,119    
Other comprehensive income         966      
Shareowner plans (Note 15)           498    
Balance at end of year at Dec. 31, 2012 85,533 297 37,990 (3,734) 2,235 (4,071) 440 52,376
Balance at end of year (in shares) at Dec. 31, 2012   2,967,610       (109,041)    
Shares purchased, in Shares           (3,500)    
Foreign currency translation adjustments 60       60      
Net income attributable to noncontrolling interests (12,050)             12,050
Net income attributable to Verizon 11,497     11,497        
Restricted stock equity grant             152  
Other     (51)          
Shares purchased           (153)    
Unrealized gains (losses) on cash flow hedges         25      
Other comprehensive income (loss) (15)             (15)
Dividends declared ($2.09, $2.03, $1.975) per share       (5,981)        
Amortization             (171)  
Employee plans (Note 15) (in shares)           6,835    
Employee plans (Note 15)           260    
Unrealized gains (losses) on marketable securities 16       16      
Total comprehensive income 12,035             12,035
Defined benefit pension and postretirement plans 22       22      
Distributions and other               (7,831)
Shareowner plans, in Shares (Note 15)           96    
Other comprehensive income         123      
Shareowner plans (Note 15)           3    
Balance at end of year at Dec. 31, 2013 $ 95,416 $ 297 $ 37,939 $ 1,782 $ 2,358 $ (3,961) $ 421 $ 56,580
Balance at end of year (in shares) at Dec. 31, 2013   2,967,610       (105,610)