Verizon Communications
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Verizon Communications generated cash of $37,475,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$14,657,000,000 last year. Net change in cash is therefore -$614,000,000.
Cash Flow
| 2014 | 30.63B | -15.85B | -57.70B |
|---|---|---|---|
| 2015 | 39.02B | -30.04B | -15.01B |
| 2016 | 21.68B | -10.98B | -13.32B |
| 2017 | 24.31B | -19.37B | -6.73B |
| 2018 | 34.33B | -17.93B | -15.37B |
| 2019 | 35.74B | -17.58B | -18.16B |
| 2020 | 41.76B | -23.51B | 1.32B |
| 2021 | 39.53B | -67.15B | 8.27B |
| 2022 | 37.14B | -28.66B | -8.52B |
| 2023 | 37.47B | -23.43B | -14.65B |
VZ Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 4.11B | 4.16B | 23.49B | 3.91B | 3.91B | 2.88B | 2.88B | 4.47B | 10.59B | 53.52B |
Operating activities | ||||||||||
Net income | 12.09B | 21.74B | 22.61B | 18.34B | 19.78B | 16.03B | 30.55B | 13.60B | 18.37B | 11.95B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 17.62B | 17.09B | 16.20B | 16.72B | 16.68B | 17.40B | 16.95B | 15.92B | 16.01B | 16.53B |
Stock-based compensation expense | 0 | 609M | 625M | 780M | 872M | 720M | 384M | 400M | 300M | 300M |
| Deferred income tax benefit | 0 | 609M | 625M | 780M | 872M | 720M | 384M | 400M | 300M | 300M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -2.19B | -1.97B | -1.59B | 189M | -1.47B | -2.66B | -5.67B | -5.06B | -945M | -2.74B |
Inventories | 287M | 627M | -905M | -369M | -76M | -324M | 168M | 61M | -99M | -132M |
Accounts payable | 2.07B | -33M | 1.45B | -966M | -2.35B | 1.77B | -459M | -1.08B | 0 | 0 |
Cash generated by operating activities | 37.47B | 37.14B | 39.53B | 41.76B | 35.74B | 34.33B | 24.31B | 21.68B | 39.02B | 30.63B |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -2.26B | -21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -24.56B | -26.74B | -20.28B | -20.31B | -18.83B | -18.08B | -17.83B | -17.59B | -27.71B | -17.54B |
Acquisitions Net | -30M | 281M | 57M | -520M | -1M | -230M | -2.31B | 6.11B | -3.49B | -62M |
Cash generated by investing activities | -23.43B | -28.66B | -67.15B | -23.51B | -17.58B | -17.93B | -19.37B | -10.98B | -30.04B | -15.85B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 40M | 0 |
Payments for dividends | -11.02B | -10.80B | -10.44B | -10.23B | -10.01B | -9.77B | -9.47B | -9.26B | -8.53B | -7.80B |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.95B | -5.13B | 0 |
Repayments of term debt | -2.16B | 4.34B | -18.86B | -17.18B | -5.23B | -14.55B | 7.76B | -19.30B | -3.01B | 13.29B |
Cash used in financing activities | -14.65B | -8.52B | 8.27B | 1.32B | -18.16B | -15.37B | -6.73B | -13.32B | -15.01B | -57.70B |
Net Change In Cash | -614M | -50M | -19.33B | 19.58B | 1M | 1.02B | -801M | -1.59B | -6.12B | -42.93B |
Cash at end of period | 3.49B | 4.11B | 4.16B | 23.49B | 3.91B | 3.91B | 2.07B | 2.88B | 4.47B | 10.59B |
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