VZ Income Statement

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Condensed Consolidated Statements of Income
Operating Revenues 29.01B
Operating Expenses
Cost of services and sales (exclusive of items shown below) 10.99B
Selling, general and administrative expense 8.37B
Depreciation and amortization expense 4.17B
Total Operating Expenses 23.52B
Operating Income 5.48B
Equity in earnings of unconsolidated businesses 62M
Other income and (expense), net 10M
Interest expense -632M
Income (Loss) Before (Provision) Benefit For Income Taxes 4.92B
(Provision) benefit for income taxes -631M
Net Income 4.29B
Net income attributable to noncontrolling interest 2.7B
Net income (loss) attributable to Verizon 1.59B
Net Income 4.29B
Basic Earnings (Loss) Per Common Share
Net income (loss) attributable to Verizon 0.56
Weighted-average shares outstanding (in millions) 2.86B
Diluted Earnings (Loss) Per Common Share
Net income (loss) attributable to Verizon 0.56
Weighted-average shares outstanding (in millions) 2.87B
Dividends declared per common share 0.52

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