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Common-Size Income Statement
Verizon Communications Inc., common-size consolidated income statement
|Income statement item||Description||The company|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Verizon Communications Inc.’s operating income as a percentage of operating revenues decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.|
|Income before (provision) benefit for income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Verizon Communications Inc.’s income before (provision) benefit for income taxes as a percentage of operating revenues decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.|
|Net income attributable to Verizon||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Verizon Communications Inc.’s net income attributable to Verizon as a percentage of operating revenues decreased from 2017 to 2018 but then slightly increased from 2018 to 2019.|