v2.4.1.9
Equity and Accumulated Other Comprehensive Income (Tables)
 3 Months Ended
Mar. 31, 2015
Schedule of Changes in Components of Total Equity

Changes in the components of Total equity were as follows:

 

(dollars in millions)    Attributable
to Verizon		     Noncontrolling
Interests		     Total
Equity		  

Balance at January 1, 2015

    $ 12,298      $ 1,378      $ 13,676   

Net income

      4,219        119        4,338   

Other comprehensive loss

      (195 )      –       (195 ) 
  

 

 

  

Comprehensive income

      4,024        119        4,143   
  

 

 

  

Contributed capital

      (764 )      –       (764 ) 

Dividends declared

      (2,244 )      –       (2,244 ) 

Common stock in treasury

      (3,830 )      –       (3,830 ) 

Distributions and other

      (145 )      (77 )      (222 ) 
  

 

 

  

Balance at March 31, 2015

    $   9,339      $   1,420      $   10,759   
  

 

 

  
Schedule of Components in Accumulated Other Comprehensive Income

The changes in the balances of Accumulated other comprehensive income by component are as follows:

 

(dollars in millions)    Foreign currency
translation
adjustments		     Unrealized
loss on cash
flow hedges		    

Unrealized

gain on
marketable
securities

     

Defined benefit

pension and
postretirement
plans

     Total  

Balance at January 1, 2015

    $ (346 )    $ (84 )    $   112       $   1,429      $   1,111   

Other comprehensive income (loss)

      (141 )      (59 )      3         –        (197 ) 

Amounts reclassified to net income

      –            46        –         (44 )      2   
  

 

 

  

Net other comprehensive income (loss)

      (141 )      (13 )      3         (44 )      (195 ) 
  

 

 

  

Balance at March 31, 2015

    $ (487 )    $ (97 )    $ 115       $ 1,385      $ 916