Verizon Communications Incorporated

Related Information and Financials
Company Balance Sheet
Dec 2007 Dec 2006 Dec 2005 Dec 2004
Assets
Cash and Equivalents 1.15B 3.22B 776.00M 2.29B
Receivables 11.74B 10.89B 9.17B 9.80B
Inventories 1.73B 1.51B 1.78B 1.54B
Other Current Assets 0.00 2.59B 0.00 950.00M
Total Current Assets 18.70B 22.54B 16.45B 19.48B
Property, Plant & Equipment, Gross 213.99B 204.11B 193.61B 185.52B
Accumulated Depreciation & Depletion 128.70B 121.75B 118.30B 111.40B
Property, Plant & Equipment, Net 85.29B 82.36B 75.30B 74.12B
Intangibles 55.78B 56.10B 52.93B 47.45B
Other Non-Current Assets 21.94B 22.16B 23.44B 24.91B
Total Non-Current Assets 168.26B 166.27B 151.68B 146.48B
Liabilities & Shareholder Equity
Total Assets 186.96B 188.80B 168.13B 165.96B
Accounts Payable 4.49B 14.32B 12.35B 13.18B
Short Term Debt 2.95B 7.72B 7.14B 3.59B
Other Current Liabilities 4.85B 10.24B 5.57B 6.36B
Total Current Liabilities 24.74B 32.28B 25.06B 23.13B
Long Term Debt 28.20B 28.65B 31.87B 35.67B
Deferred Income Taxes 14.78B 16.27B 22.41B 22.53B
Other Non-Current Liabilities 36.36B 34.74B 22.35B 22.01B
Minority Interest 5.05B 4.04B 3.04B 2.41B
Total Non-Current Liabilities 111.64B 107.99B 103.39B 105.27B
Total Liabilities 136.38B 140.27B 128.45B 128.40B
Preferred Stock Equity 0.00 0.00 0.00 0.00
Common Stock Equity 50.58B 48.54B 39.68B 37.56B
Common Par 297.00M 297.00M 277.00M 277.00M
Additional Paid In Capital 40.32B 40.12B 25.37B 25.40B
Cumulative Translation Adjustment 1.17B 329.00M -755.00M 0.00
Retained Earnings 17.88B 17.32B 15.90B 12.98B
Treasury Stock -3.49B -1.87B -353.00M -142.00M
Other Equity Adjustments -5.59B -7.67B -763.00M -963.00M
Total Capitalization 78.78B 77.18B 71.55B 73.23B
Total Equity 50.58B 48.54B 39.68B 37.56B
Total Liabilities & Stock Equity 186.96B 188.80B 168.13B 165.96B
Total Common Shares Outstanding 2.88B 2.91B 2.76B 2.77B
Preferred Shares 0.00 0.00 0.00 0.00
Treasury Shares 90.79M 56.15M 11.46M 4.90M
Basic Weighted Shares Outstanding 2.90B 2.91B 2.77B 2.77B
Diluted Weighted Shares Outstanding 2.90B 2.94B 2.82B 2.83B
Number of Employees 235000 242000 217000 210000
Number of Part-Time Employees 0 0 0 0
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