Microsoft Excel LibreOffice Calc

Verizon Communications Inc. (VZ)


Common-Size Balance Sheet: Assets

Beginner level

Verizon Communications Inc., common-size consolidated balance sheet: assets

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Cash and cash equivalents 1.04 0.81 1.18 1.83 4.55
Short-term investments 0.00 0.00 0.00 0.14 0.24
Accounts receivable, net of allowances 9.48 9.14 7.17 5.50 6.01
Inventories 0.50 0.40 0.49 0.51 0.50
Assets held for sale 0.00 0.00 0.36 0.32 0.00
Prepaid expenses and other 2.06 1.29 1.60 0.80 1.43
Current assets 13.08% 11.63% 10.81% 9.11% 12.73%
Plant, property and equipment, net 33.71 34.44 34.71 34.15 38.65
Investments in unconsolidated businesses 0.25 0.40 0.45 0.33 0.34
Wireless licenses 35.54 34.38 35.50 35.39 32.38
Goodwill 9.29 11.34 11.14 10.35 10.59
Other intangible assets, net 3.69 3.98 3.64 3.41 2.46
Non-current assets held for sale 0.00 0.00 0.25 4.20 0.00
Deposit for wireless licenses 0.00 0.00 0.00 0.00 0.40
Other assets 4.42 3.81 3.50 3.07 2.45
Non-current assets 86.92% 88.37% 89.19% 90.89% 87.27%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23).

Balance sheet item Description The company
Current assets 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. Verizon Communications Inc.’s current assets as a percentage of total assets increased from 2016 to 2017 and from 2017 to 2018.
Plant, property and equipment, net 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. Verizon Communications Inc.’s plant, property and equipment, net as a percentage of total assets decreased from 2016 to 2017 and from 2017 to 2018.
Non-current assets 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 after one year or beyond the normal operating cycle, if longer. Verizon Communications Inc.’s non-current assets as a percentage of total assets decreased from 2016 to 2017 and from 2017 to 2018.