Microsoft Excel LibreOffice Calc

Verizon Communications Inc. (VZ)


Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Beginner level

Verizon Communications Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Debt maturing within one year 2.71 1.34 1.08 2.65 1.18
Accounts payable 2.73 2.75 2.90 2.61 2.41
Accrued expenses 2.25 2.63 2.34 2.16 1.73
Accrued vacation, salaries and wages 2.37 1.76 1.56 1.68 1.78
Interest payable 0.59 0.55 0.60 0.63 0.64
Taxes payable 0.56 0.58 0.62 0.84 0.63
Accounts payable and accrued liabilities 8.50% 8.26% 8.02% 7.91% 7.17%
Dividends payable 0.95 0.94 0.97 0.95 0.99
Contract liability 1.59 1.57 1.19 1.21 1.34
Other 0.57 0.73 1.15 1.60 1.38
Other current liabilities 3.11% 3.25% 3.32% 3.76% 3.72%
Current liabilities 14.32% 12.85% 12.43% 14.33% 12.06%
Long-term debt, excluding maturing within one year 39.98 44.19 43.18 42.39 47.50
Employee benefit obligations 7.02 8.60 10.72 12.25 14.30
Deferred income taxes 12.76 12.15 18.82 18.59 17.87
Other liabilities 5.26 4.84 5.01 5.15 2.40
Long-term liabilities 65.02% 69.77% 77.73% 78.38% 82.06%
Total liabilities 79.34% 82.62% 90.16% 92.71% 94.12%
Series preferred stock, $0.10 par value; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $0.10 par value 0.16 0.16 0.17 0.17 0.18
Additional paid in capital 5.07 4.32 4.58 4.58 4.79
Retained earnings 16.44 13.86 6.17 4.60 1.05
Accumulated other comprehensive income 0.89 1.03 1.09 0.22 0.48
Common stock in treasury, at cost -2.64 -2.78 -2.97 -3.03 -1.40
Deferred compensation, employee stock ownership plans and other 0.13 0.16 0.18 0.17 0.18
Equity attributable to Verizon 20.07% 16.76% 9.22% 6.72% 5.28%
Noncontrolling interests 0.59 0.62 0.62 0.58 0.59
Total equity 20.66% 17.38% 9.84% 7.29% 5.88%
Total liabilities and equity 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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Verizon Communications Inc.’s current liabilities as a percentage of total liabilities and equity increased from 2016 to 2017 and from 2017 to 2018.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Verizon Communications Inc.’s long-term liabilities as a percentage of total liabilities and equity decreased from 2016 to 2017 and from 2017 to 2018.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Verizon Communications Inc.’s total liabilities as a percentage of total liabilities and equity decreased from 2016 to 2017 and from 2017 to 2018.
Equity attributable to Verizon Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Verizon Communications Inc.’s equity attributable to Verizon as a percentage of total liabilities and equity increased from 2016 to 2017 and from 2017 to 2018.