Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating Revenues
Operating Revenues	$ 138,191	$ 134,788	$ 133,974
Operating Expenses
Selling, general and administrative expense	33,818	34,113	32,745
Depreciation and amortization expense	18,349	17,892	17,624
Verizon Business Group goodwill impairment	0	0	5,841
Total Operating Expenses	108,932	106,102	111,097
Operating Income	29,259	28,686	22,877
Equity in earnings (losses) of unconsolidated businesses	0	(53)	(53)
Other income (expense), net	107	995	(313)
Interest expense	(6,694)	(6,649)	(5,524)
Income Before Provision For Income Taxes	22,672	22,979	16,987
Provision for income taxes	(5,064)	(5,030)	(4,892)
Net Income	17,608	17,949	12,095
Net income attributable to noncontrolling interests	434	443	481
Net income attributable to Verizon	17,174	17,506	11,614
Net Income	$ 17,608	$ 17,949	$ 12,095
Basic Earnings Per Common Share
Net income attributable to Verizon (in USD per share)	$ 4.06	$ 4.15	$ 2.76
Weighted-average shares outstanding (in shares)	4,226	4,218	4,211
Diluted Earnings Per Common Share
Net income attributable to Verizon (in USD per share)	$ 4.06	$ 4.14	$ 2.75
Weighted-average shares outstanding (in shares)	4,231	4,223	4,215
Service revenues and other
Operating Revenues
Operating Revenues	$ 112,721	$ 111,571	$ 109,652
Wireless equipment
Operating Revenues
Operating Revenues	25,470	23,217	24,322
Operating Expenses
Cost of services and wireless equipment	28,976	26,100	26,787
Service
Operating Expenses
Cost of services and wireless equipment	$ 27,789	$ 27,997	$ 28,100

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash Flows from Operating Activities
Net Income	$ 17,608	$ 17,949	$ 12,095
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	18,349	17,892	17,624
Employee retirement benefits	1,025	(52)	1,206
Deferred income taxes	2,340	815	2,388
Provision for expected credit losses	2,349	2,338	2,214
Equity in losses of unconsolidated businesses, inclusive of dividends received	42	75	84
Verizon Business Group goodwill impairment	0	0	5,841
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses:
Accounts receivable	(2,513)	(2,565)	(2,198)
Inventories	(232)	(196)	287
Prepaid expenses and other	(1,394)	(626)	(435)
Accounts payable and accrued liabilities and Other current liabilities	1,819	1,109	2,079
Other, net	(2,256)	173	(3,710)
Net cash provided by operating activities	37,137	36,912	37,475
Cash Flows from Investing Activities
Capital expenditures (including capitalized software)	(17,011)	(17,090)	(18,767)
Cash paid related to acquisitions of businesses, net of cash acquired	0	0	(30)
Acquisitions of wireless licenses	(450)	(900)	(5,796)
Other, net	801	(684)	1,161
Net cash used in investing activities	(16,660)	(18,674)	(23,432)
Cash Flows from Financing Activities
Proceeds from long-term borrowings	18,268	3,146	2,018
Proceeds from asset-backed long-term borrowings	9,338	12,422	6,594
Repayments of long-term borrowings and finance lease obligations	(11,352)	(11,854)	(6,181)
Repayments of asset-backed long-term borrowings	(8,437)	(8,490)	(4,443)
Dividends paid	(11,481)	(11,249)	(11,025)
Other, net	(1,949)	(1,075)	(1,620)
Net cash used in financing activities	(5,613)	(17,100)	(14,657)
Increase (decrease) in cash, cash equivalents and restricted cash	14,864	1,138	(614)
Cash, cash equivalents and restricted cash, beginning of period	4,635	3,497	4,111
Cash, cash equivalents and restricted cash, end of period	$ 19,499	$ 4,635	$ 3,497

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 19,048	$ 4,194
Accounts receivable	28,347	27,261
Less Allowance for credit losses	1,250	1,152
Accounts receivable, net	27,097	26,109
Inventories	2,441	2,247
Prepaid expenses and other	8,336	7,973
Total current assets	56,922	40,523
Property, plant and equipment	337,991	331,406
Less Accumulated depreciation	228,524	222,884
Property, plant and equipment, net	109,467	108,522
Investments in unconsolidated businesses	785	842
Wireless licenses	157,039	156,613
Goodwill	22,841	22,841
Other intangible assets, net	10,458	11,129
Operating lease right-of-use assets	23,498	24,472
Other assets	23,248	19,769
Total assets	404,258	384,711
Current liabilities
Debt maturing within one year	18,618	22,633
Accounts payable and accrued liabilities	24,981	23,374
Current operating lease liabilities	4,542	4,415
Other current liabilities	14,229	14,349
Total current liabilities	62,370	64,771
Long-term debt	139,532	121,381
Employee benefit obligations	11,099	11,997
Deferred income taxes	48,717	46,732
Non-current operating lease liabilities	18,951	19,928
Other liabilities	17,848	19,327
Total long-term liabilities	236,147	219,365
Commitments and Contingencies
Equity
Series preferred stock ($0.10 par value; 250,000,000 shares authorized; none issued)	0	0
Common stock ($0.10 par value; 6,250,000,000 shares authorized in each period; 4,291,433,646 shares issued in each period)	429	429
Additional paid in capital	13,372	13,466
Retained earnings	94,744	89,110
Accumulated other comprehensive loss	(1,727)	(923)
Common stock in treasury, at cost (74,258,296 and 81,753,488 shares outstanding)	(3,255)	(3,583)
Deferred compensation – employee stock ownership plans (ESOPs) and other	897	738
Noncontrolling interests	1,281	1,338
Total equity	105,741	100,575
Total liabilities and equity	$ 404,258	$ 384,711