Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Operating Revenues
Operating Revenues	$ 34,440	$ 33,485
Operating Expenses
Selling, general and administrative expense	7,633	7,874
Depreciation and amortization expense	4,892	4,577
Total Operating Expenses	26,198	25,507
Operating Income	8,242	7,978
Equity in earnings of unconsolidated businesses	5	6
Other income, net	477	121
Interest expense	(1,940)	(1,632)
Income Before Provision For Income Taxes	6,784	6,473
Provision for income taxes	(1,638)	(1,490)
Net Income	5,146	4,983
Net income attributable to noncontrolling interests	101	104
Net income attributable to Verizon	5,045	4,879
Net Income	$ 5,146	$ 4,983
Basic Earnings Per Common Share
Net income attributable to Verizon (USD per share)	$ 1.20	$ 1.16
Weighted-average shares outstanding (in shares)	4,205	4,222
Diluted Earnings Per Common Share
Net income attributable to Verizon (USD per share)	$ 1.20	$ 1.15
Weighted-average shares outstanding (in shares)	4,210	4,226
Service revenues and other
Operating Revenues
Operating Revenues	$ 28,759	$ 28,087
Wireless equipment
Operating Revenues
Operating Revenues	5,681	5,398
Operating Expenses
Cost of services and equipment	6,506	6,106
Service
Operating Expenses
Cost of services and equipment	$ 7,167	$ 6,950

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash Flows from Operating Activities
Net Income	$ 5,146	$ 4,983
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	4,892	4,577
Employee retirement benefits	(117)	143
Deferred income taxes	703	132
Provision for expected credit losses	581	587
Equity in losses of unconsolidated businesses, inclusive of dividends received	3	20
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses	(3,082)	(2,618)
Other, net	(142)	(42)
Net cash provided by operating activities	7,984	7,782
Cash Flows from Investing Activities
Capital expenditures (including capitalized software)	(4,201)	(4,145)
Cash paid related to acquisitions of businesses, net of cash acquired	(9,480)	0
Acquisitions of wireless licenses	(83)	(122)
Other, net	191	515
Net cash used in investing activities	(13,573)	(3,752)
Cash Flows from Financing Activities
Proceeds from long-term borrowings	5,975	0
Proceeds from asset-backed long-term borrowings	6,154	2,781
Repayments of long-term borrowings and finance lease obligations	(4,258)	(2,446)
Repayments of asset-backed long-term borrowings	(6,828)	(2,589)
Dividends paid	(2,910)	(2,856)
Purchase of common stock for treasury	(2,500)	0
Other, net	(911)	(783)
Net cash used in financing activities	(5,278)	(5,893)
Decrease in cash, cash equivalents and restricted cash	(10,867)	(1,863)
Cash, cash equivalents and restricted cash, beginning of period	19,499	4,635
Cash, cash equivalents and restricted cash, end of period	$ 8,632	$ 2,772

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 8,366	$ 19,048
Accounts receivable	27,966	28,347
Less Allowance for credit losses	1,311	1,250
Accounts receivable, net	26,655	27,097
Inventories	2,320	2,441
Prepaid expenses and other	7,382	8,336
Total current assets	44,723	56,922
Property, plant and equipment	357,650	337,991
Less Accumulated depreciation	231,678	228,524
Property, plant and equipment, net	125,972	109,467
Investments in unconsolidated businesses	730	785
Wireless licenses	157,082	157,039
Goodwill	30,628	22,841
Other intangible assets, net	12,799	10,458
Operating lease right-of-use assets	23,401	23,498
Other assets	22,547	23,248
Total assets	417,882	404,258
Current liabilities
Debt maturing within one year	28,229	18,618
Accounts payable and accrued liabilities	21,932	24,981
Current operating lease liabilities	4,720	4,542
Other current liabilities	14,999	14,229
Total current liabilities	69,880	62,370
Long-term debt	144,231	139,532
Employee benefit obligations	12,023	11,099
Deferred income taxes	49,312	48,717
Non-current operating lease liabilities	18,692	18,951
Other liabilities	19,122	17,848
Total long-term liabilities	243,380	236,147
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	13,263	13,372
Retained earnings	96,824	94,744
Accumulated other comprehensive loss	(2,372)	(1,727)
Common stock in treasury, at cost (115,874,736 and 74,258,296 shares outstanding)	(5,335)	(3,255)
Deferred compensation – employee stock ownership plans (ESOPs) and other	500	897
Noncontrolling interests	1,313	1,281
Total equity	104,622	105,741
Total liabilities and equity	$ 417,882	$ 404,258