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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified |
Dec. 31, 2014
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Dec. 31, 2013
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|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 10,598us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 53,528us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Short-term investments | 555us-gaap_ShortTermInvestments | 601us-gaap_ShortTermInvestments |
| Accounts receivable, net of allowances of $739 and $645 | 13,993us-gaap_AccountsReceivableNetCurrent | 12,439us-gaap_AccountsReceivableNetCurrent |
| Inventories | 1,153us-gaap_InventoryNet | 1,020us-gaap_InventoryNet |
| Prepaid expenses and other | 3,324us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 3,406us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
| Total current assets | 29,623us-gaap_AssetsCurrent | 70,994us-gaap_AssetsCurrent |
| Plant, property and equipment | 230,508us-gaap_PropertyPlantAndEquipmentGross | 220,865us-gaap_PropertyPlantAndEquipmentGross |
| Less accumulated depreciation | 140,561us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | 131,909us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment |
| Plant, property and equipment, net | 89,947us-gaap_PropertyPlantAndEquipmentNet | 88,956us-gaap_PropertyPlantAndEquipmentNet |
| Investments in unconsolidated businesses | 802us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures | 3,432us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures |
| Wireless licenses | 75,341us-gaap_IndefiniteLivedLicenseAgreements | 75,747us-gaap_IndefiniteLivedLicenseAgreements |
| Goodwill | 24,639us-gaap_Goodwill | 24,634us-gaap_Goodwill |
| Other intangible assets, net | 5,728us-gaap_FiniteLivedIntangibleAssetsNet | 5,800us-gaap_FiniteLivedIntangibleAssetsNet |
| Other assets | 6,628us-gaap_OtherAssetsNoncurrent | 4,535us-gaap_OtherAssetsNoncurrent |
| Total assets | 232,708us-gaap_Assets | 274,098us-gaap_Assets |
| Current liabilities | ||
| Debt maturing within one year | 2,735us-gaap_DebtCurrent | 3,933us-gaap_DebtCurrent |
| Accounts payable and accrued liabilities | 16,680us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent | 16,453us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent |
| Other | 8,649us-gaap_OtherLiabilitiesCurrent | 6,664us-gaap_OtherLiabilitiesCurrent |
| Total current liabilities | 28,064us-gaap_LiabilitiesCurrent | 27,050us-gaap_LiabilitiesCurrent |
| Long-term debt | 110,536us-gaap_LongTermDebtAndCapitalLeaseObligations | 89,658us-gaap_LongTermDebtAndCapitalLeaseObligations |
| Employee benefit obligations | 33,280us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent | 27,682us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent |
| Deferred income taxes | 41,578us-gaap_DeferredTaxLiabilitiesNoncurrent | 28,639us-gaap_DeferredTaxLiabilitiesNoncurrent |
| Other Liabilities | 5,574us-gaap_OtherLiabilitiesNoncurrent | 5,653us-gaap_OtherLiabilitiesNoncurrent |
| Equity | ||
| Series preferred stock ($.10 par value; none issued) | ||
| Common stock ($.10 par value; 4,242,374,240 and 2,967,610,119 shares issued in each period, respectively) | 424us-gaap_CommonStockValue | 297us-gaap_CommonStockValue |
| Contributed capital | 11,155us-gaap_AdditionalPaidInCapital | 37,939us-gaap_AdditionalPaidInCapital |
| Reinvested earnings | 2,447us-gaap_RetainedEarningsAccumulatedDeficit | 1,782us-gaap_RetainedEarningsAccumulatedDeficit |
| Accumulated other comprehensive income | 1,111us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax | 2,358us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax |
| Common stock in treasury, at cost | (3,263)us-gaap_TreasuryStockValue | (3,961)us-gaap_TreasuryStockValue |
| Deferred compensation - employee stock ownership plans and other | 424vz_DeferredCompensationEmployeeStockOwnershipPlansAndOther | 421vz_DeferredCompensationEmployeeStockOwnershipPlansAndOther |
| Noncontrolling interests | 1,378us-gaap_MinorityInterest | 56,580us-gaap_MinorityInterest |
| Total equity | 13,676us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 95,416us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest |
| Total liabilities and equity | $ 232,708us-gaap_LiabilitiesAndStockholdersEquity | $ 274,098us-gaap_LiabilitiesAndStockholdersEquity |
| X | ||||||||||
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- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of short-term debt and current maturity of long-term debt and capital lease obligations due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the capitalized costs to acquire rights under a license arrangement (for example, to sell specified products in a specified territory) having an indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Investments which are intended to be sold in the short term (usually less than one year or the normal operating cycle, whichever is longer) including trading securities, available-for-sale securities, held-to-maturity securities, and other short-term investments not otherwise listed in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value of stock issued under employee stock ownership and other plans to employees or officers which is the unearned portion, accounted for under the fair value method. No definition available.
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