VERIZON COMMUNICATIONS INC Cash Flow Breakdown
Cash flow breakdown shows where VERIZON COMMUNICATIONS INC's cash came from and where it went: from running the business, from investing (buying or selling equipment, companies and investments) and from financing (borrowing, paying back loans, buying back shares, paying dividends). One row per year or quarter. A minus sign means cash went out. Financing is shown line by line: buybacks, dividends, debt paid back, new debt and the rest. All amounts are the filed figures for that period.
- Fiscal year ended 2025-12-31: from running the business, $37.14B came in.
- Fiscal year ended 2025-12-31: from investing, $16.66B went out.
- Fiscal year ended 2025-12-31: from financing, $5.61B went out.
- Fiscal year ended 2025-12-31: change in cash, $14.86B came in.
A minus sign means cash went out. * = worked out from the filed year-to-date figures (hover to see how); greyed = already counted inside another line.
Each year (12 month)
| Fiscal year end | Running the business | From investing | Buybacks | Dividends | Debt paid back | New debt | Commercial paper | New shares sold | Other | Not split out | Change in cash |
|---|
| 2025-12-31 | $37.14B | -$16.66B | | -$11.48B | -$9.03B | $27.60B | | | -$1.95B | -$10.75B* | $14.86B |
|---|
| 2024-12-31 | $36.91B | -$18.67B | | -$11.25B | -$4.69B | $15.60B | $0.00 | | -$1.07B | -$15.69B* | $1.14B |
|---|
| 2023-12-31 | $37.48B | -$23.43B | | -$11.03B | | | | | -$1.62B | -$2.01B* | -$614.00M |
|---|
| 2022-12-31 | $37.14B | -$28.66B | | -$10.80B | | | $106.00M | | -$2.07B | $4.24B* | -$50.00M |
|---|
| 2021-12-31 | $39.54B | -$67.15B | | -$10.45B | -$9.08B | $41.40B | $0.00 | | -$3.83B | -$9.77B* | -$19.34B |
|---|
| 2020-12-31 | $41.77B | -$23.51B | | -$10.23B | -$8.84B | $31.50B | -$9.00M | | -$2.70B | -$8.39B* | $19.58B |
|---|
| 2019-12-31 | $35.75B | -$17.58B | | -$10.02B | | | | | -$2.92B | -$5.23B* | $1.00M |
|---|
| 2018-12-31 | $34.34B | -$17.93B | | -$9.77B | | | -$790.00M | | -$1.82B | -$2.99B* | $1.03B |
|---|
| 2017-12-31 | $24.32B | -$18.46B | | -$9.47B | | | -$170.00M | | -$4.44B | $7.93B* | -$289.00M |
|---|
| 2016-12-31 | $21.69B | -$9.87B | | -$9.26B | | | -$149.00M | | -$2.90B | -$1.06B* | -$1.56B |
|---|
| 2015-12-31 | $38.99B | -$30.02B | -$5.13B | -$8.54B | | $6.67B | -$344.00M | | $1.58B | -$9.34B* | -$6.14B |
|---|
| 2014-12-31 | $30.63B | -$15.86B | | -$7.80B | | $30.97B | -$475.00M | $34.00M | -$3.87B | -$76.56B* | -$42.93B |
|---|
| 2013-12-31 | $38.82B | -$14.83B | -$153.00M | -$5.94B | | $49.17B | -$142.00M | $85.00M | -$5.26B | -$11.31B* | $50.44B |
|---|
| 2012-12-31 | $31.49B | -$20.50B | | -$5.23B | | $4.49B | -$1.44B | $315.00M | -$4.66B | -$14.73B* | -$10.27B |
|---|
| 2011-12-31 | $29.78B | -$17.25B | | -$5.55B | -$11.80B | $11.06B | $1.93B | $241.00M | -$1.71B | | $6.69B |
|---|
| 2010-12-31 | $33.36B | -$15.05B | | -$5.41B | | | -$1.10B | | -$2.09B | -$5.05B* | $4.66B |
|---|
| 2009-12-31 | $31.39B | -$23.16B | $0.00 | -$5.27B | | $12.04B | -$1.65B | $0.00 | -$1.86B | -$19.26B* | -$7.77B |
|---|
| 2008-12-31 | $27.45B | -$31.47B | -$1.37B | -$4.99B | | $21.60B | $2.39B | $16.00M | -$844.00M | -$4.15B* | $8.63B |
|---|
| 2007-12-31 | $26.84B | -$16.11B | -$2.84B | -$4.77B | | $3.40B | -$3.25B | $1.27B | -$1.10B | -$5.50B* | -$2.07B |
|---|
Each quarter (3 month)
| Quarter end | Running the business | From investing | Buybacks | Dividends | Debt paid back | New debt | Commercial paper | New shares sold | Other | Not split out | Change in cash |
|---|
| 2026-06-30 | $10.44B* | -$4.93B* | -$1.00B* | -$2.95B* | -$2.26B | | | | -$469.00M* | -$5.16B* | |
|---|
| 2026-03-31 | $7.98B | -$13.57B | -$2.50B | -$2.91B | -$712.00M | | | | -$911.00M | $1.75B* | -$10.87B |
|---|
| 2025-12-31 | $9.11B* | -$4.98B* | | -$2.91B* | -$3.50B* | | | | -$370.00M* | $13.99B* | |
|---|
| 2025-09-30 | $11.27B* | -$4.49B* | | -$2.86B* | -$1.40B | | | | -$424.00M* | $2.13B* | |
|---|
| 2025-06-30 | $8.97B* | -$3.44B* | $0.00* | -$2.86B* | -$2.16B | | | | -$372.00M* | $1.01B* | |
|---|
| 2025-03-31 | $7.78B | -$3.75B | $0.00 | -$2.86B | -$1.98B | | | | -$783.00M | -$276.00M* | -$1.86B |
|---|
| 2024-12-31 | $10.43B* | -$5.56B* | | -$2.85B* | -$1.50B* | | $0.00* | | $593.00M* | -$1.86B* | |
|---|
| 2024-09-30 | $9.91B* | -$4.00B* | | -$2.80B* | | | -$603.00M* | | -$981.00M* | -$30.00M* | |
|---|
| 2024-06-30 | $9.48B* | -$3.87B* | | -$2.80B* | | | -$1.74B* | | -$2.35B* | $1.26B* | |
|---|
| 2024-03-31 | $7.08B | -$5.25B | | -$2.80B | | | | | $1.66B | -$296.00M* | $411.00M |
|---|
| 2023-12-31 | $8.68B* | -$7.82B* | | -$2.79B* | -$172.00M* | | -$483.00M* | | -$519.00M* | $952.00M* | |
|---|
| 2023-09-30 | $10.78B* | -$5.41B* | | -$2.74B* | $0.00* | | $500.00M* | | -$944.00M* | -$2.87B* | |
|---|
| 2023-06-30 | $9.73B* | -$4.09B* | | -$2.74B* | | | -$509.00M* | | -$174.00M* | $223.00M* | |
|---|
| 2023-03-31 | $8.29B | -$6.11B | | -$2.74B | | | $342.00M | | $17.00M | $2.00M* | -$204.00M |
|---|
| 2022-12-31 | $8.94B* | -$5.34B* | | -$2.74B* | -$241.00M* | | -$4.41B* | | -$1.27B* | $5.59B* | |
|---|
| 2022-09-30 | $10.53B* | -$8.66B* | | -$2.69B* | | | $1.95B* | | -$1.21B* | $326.00M* | |
|---|
| 2022-06-30 | $10.84B* | -$6.66B* | | -$2.72B* | -$415.00M | | -$1.23B* | | $246.00M* | $42.00M* | |
|---|
| 2022-03-31 | $6.82B | -$8.00B | | -$2.65B | -$1.10B | | $3.79B | | $165.00M | $40.00M* | -$929.00M |
|---|
| 2021-12-31 | $8.38B* | -$10.13B* | | -$2.65B* | -$1.57B* | | $0.00* | | -$1.71B* | $738.00M* | |
|---|
| 2021-09-30 | $10.72B* | -$2.62B* | | -$2.60B* | | | | | -$281.00M* | -$201.00M* | |
|---|
| 2021-06-30 | $10.74B* | -$4.75B* | | -$2.60B* | -$7.51B | | | | -$1.05B* | -$254.00M* | |
|---|
| 2021-03-31 | $9.69B | -$49.65B | | -$2.60B | | | | | -$792.00M | $31.35B* | -$12.00B |
|---|
| 2020-12-31 | $9.30B* | -$5.04B* | | -$2.60B* | -$575.00M* | | | | -$1.35B* | $13.59B* | |
|---|
| 2020-09-30 | $8.92B* | -$6.34B* | | -$2.55B* | -$757.00M* | | | | -$1.20B* | $3.00B* | |
|---|
| 2020-06-30 | $14.73B* | -$5.14B* | | -$2.54B* | -$6.79B | | | | -$493.00M* | $1.03B* | |
|---|
| 2020-03-31 | $8.82B | -$6.98B | | -$2.55B | | | | | $347.00M | $4.76B* | $4.41B |
|---|
| 2019-12-31 | $9.00B* | -$5.42B* | | -$2.54B* | | | | | -$1.51B* | $186.00M* | -$426.00M* |
|---|
| 2019-09-30 | $10.91B* | -$3.57B* | | -$2.49B* | | | | | -$576.00M* | -$3.19B* | $1.07B* |
|---|
| 2019-06-30 | $8.76B* | -$3.79B* | | -$2.49B* | | | | | -$1.19B* | -$1.70B* | -$373.00M* |
|---|
| 2019-03-31 | $7.08B | -$4.80B | | -$2.49B | | | | | $360.00M | -$528.00M* | -$379.00M |
|---|
| 2018-12-31 | $8.10B* | -$4.80B* | | -$2.49B* | | $4.87B* | | | -$229.00M* | -$5.11B* | $207.00M* |
|---|
| 2018-09-30 | $9.81B* | -$4.41B* | | -$2.44B* | | $1.35B* | | | -$843.00M* | -$2.62B* | $788.00M* |
|---|
| 2018-06-30 | $9.79B* | -$3.44B* | | -$2.44B* | | $2.63B* | -$1.43B* | | -$1.69B* | -$3.61B* | -$173.00M* |
|---|
| 2018-03-31 | $6.65B | -$5.29B | | -$2.41B | | | | | $941.00M | $150.00M* | $47.00M |
|---|
| 2017-12-31 | $7.84B* | -$5.47B* | | -$2.40B* | | $10.09B* | -$10.00M* | | -$1.57B* | -$10.65B* | -$2.41B* |
|---|
| 2017-09-30 | $7.17B* | -$3.73B* | | -$2.36B* | | $5.91B* | -$8.00M* | | -$1.03B* | -$6.00B* | -$96.00M* |
|---|
| 2017-06-30 | $7.93B* | -$4.71B* | | -$2.36B* | | $2.96B* | -$100.00M* | | -$157.00M* | -$3.11B* | $276.00M* |
|---|
| 2017-03-31 | $1.38B | -$4.55B | | -$2.35B | | $13.05B | -$52.00M | | -$1.67B | -$4.31B* | $1.49B |
|---|
| 2016-12-31 | $3.96B* | -$7.33B* | | -$2.35B* | | $4.81B* | -$29.00M* | $0.00* | -$483.00M* | -$2.11B* | -$3.56B* |
|---|
| 2016-09-30 | $4.82B* | -$5.19B* | | -$2.30B* | | | -$730.00M* | $0.00* | -$543.00M* | $7.54B* | $3.58B* |
|---|
| 2016-06-30 | $5.41B* | $6.09B* | | -$2.30B* | | | $650.00M* | $0.00* | -$1.91B* | -$10.92B* | -$2.99B* |
|---|
| 2016-03-31 | $7.50B | -$3.44B | | -$2.30B | | | -$40.00M | | $33.00M | -$376.00M* | $1.38B |
|---|
| 2015-12-31 | $10.56B* | -$5.42B* | $0.00* | -$2.17B* | | $170.00M* | -$39.00M* | $9.00M* | -$322.00M* | -$2.21B* | $595.00M* |
|---|
| 2015-09-30 | $9.52B* | -$4.42B* | -$60.00M* | -$2.11B* | | $0.00* | -$199.00M* | | -$522.00M* | -$1.34B* | $867.00M* |
|---|
| 2015-06-30 | $8.74B* | -$7.00B* | -$74.00M* | -$2.11B* | | $0.00* | -$588.00M* | | -$124.00M* | -$221.00M* | -$1.38B* |
|---|
| 2015-03-31 | $10.17B | -$13.18B | -$5.00B | -$2.15B | | $6.50B | $482.00M | | $2.54B | -$5.58B* | -$6.21B |
|---|
| 2014-12-31 | $7.47B* | -$5.43B* | | -$2.15B* | -$500.00M | $9.39B* | -$49.00M* | $0.00* | -$786.00M* | -$4.58B* | $3.38B* |
|---|
| 2014-09-30 | $8.35B* | -$4.08B* | | -$2.07B* | | $1.33B* | -$705.00M* | $0.00* | -$105.00M* | -$1.28B* | $1.44B* |
|---|
| 2014-06-30 | $7.67B* | -$1.81B* | | -$2.07B* | | $3.29B* | $27.00M* | $0.00* | -$869.00M* | -$3.37B* | $2.87B* |
|---|
| 2014-03-31 | $7.14B | -$4.53B | | -$1.52B | | $16.95B | $252.00M | $34.00M | -$2.11B | -$66.84B* | -$50.62B |
|---|
| 2013-12-31 | $10.43B* | -$4.81B* | $0.00* | -$1.52B* | | $0.00* | $182.00M* | $9.00M* | -$1.71B* | -$5.77B* | -$3.18B* |
|---|
| 2013-09-30 | $11.24B* | -$2.19B* | $0.00* | -$1.47B* | | $48.67B* | $108.00M* | $2.00M* | -$1.37B* | -$62.00M* | $54.92B* |
|---|
| 2013-06-30 | $9.62B* | -$4.24B* | $0.00* | -$1.47B* | | -$1.00M* | -$1.01B* | $18.00M* | -$1.19B* | -$5.41B* | -$3.69B* |
|---|
| 2013-03-31 | $7.53B | -$3.60B | -$153.00M | -$1.47B | | $500.00M | $581.00M | $56.00M | -$989.00M | -$73.00M* | $2.38B |
|---|
| 2012-12-31 | $6.73B* | -$5.08B* | | -$1.34B* | | | -$1.81B* | $37.00M* | -$2.29B* | -$2.86B* | -$6.62B* |
|---|
| 2012-09-30 | $9.49B* | -$7.84B* | | -$1.30B* | | | $1.26B* | $68.00M* | -$976.00M* | -$987.00M* | -$287.00M* |
|---|
| 2012-06-30 | $9.31B* | -$3.91B* | | -$1.30B* | $63.00M* | | $847.00M* | $141.00M* | -$940.00M* | -$126.00M* | $4.09B* |
|---|
| 2012-03-31 | $5.96B | -$3.67B | | -$1.29B | | | -$1.73B | $69.00M | -$453.00M | -$6.33B* | -$7.45B |
|---|
| 2011-12-31 | $8.27B* | -$3.84B* | | -$1.42B* | -$4.38B* | $4.55B* | $111.00M* | $102.00M* | -$354.00M* | | $3.04B* |
|---|
| 2011-09-30 | $8.72B* | -$3.54B* | | -$1.38B* | -$64.00M* | $70.00M* | $805.00M* | $17.00M* | -$544.00M* | | $4.08B* |
|---|
| 2011-06-30 | $7.76B* | -$5.50B* | | -$1.38B* | -$6.80B* | $0.00* | -$1.37B* | $52.00M* | -$523.00M* | | -$7.77B* |
|---|
| 2011-03-31 | $5.04B | -$4.38B | | -$1.38B | -$552.00M | $6.44B | $2.38B | $70.00M | -$284.00M | | $7.34B |
|---|
| 2010-12-31 | $8.25B* | -$4.99B* | | -$1.38B* | | | $0.00* | | -$408.00M* | -$195.00M* | $1.27B* |
|---|
| 2010-09-30 | $8.31B* | -$4.52B* | | -$1.34B* | | | -$1.00B* | | -$549.00M* | -$264.00M* | $633.00M* |
|---|
| 2010-06-30 | $9.72B* | -$1.92B* | | -$1.34B* | | $0.00* | $0.00* | | -$661.00M* | -$4.08B* | $1.72B* |
|---|
| 2010-03-31 | $7.08B | -$3.62B | | -$1.35B | | $0.00 | -$97.00M | | -$470.00M | -$519.00M* | $1.03B |
|---|
| 2009-12-31 | $8.27B* | -$5.21B* | $0.00* | -$1.35B* | | $0.00* | -$198.00M* | $0.00* | -$428.00M* | -$294.00M* | $793.00M* |
|---|
| 2009-09-30 | $8.98B* | -$4.67B* | $0.00* | -$1.31B* | | $0.00* | -$1.35B* | $0.00* | -$465.00M* | -$793.00M* | $396.00M* |
|---|
| 2009-06-30 | $7.51B* | -$4.52B* | | -$1.31B* | | $4.99B* | -$8.01B* | | -$517.00M* | -$1.31B* | -$3.16B* |
|---|
| 2009-03-31 | $6.62B | -$8.76B | | -$1.31B | | $7.05B | $7.91B | | -$454.00M | -$16.86B* | -$5.80B |
|---|
| 2008-12-31 | $7.52B* | -$3.59B* | $1.00M* | -$1.31B* | | $9.05B* | -$1.74B* | $0.00* | -$89.00M* | -$748.00M* | $9.09B* |
|---|
| 2008-09-30 | $7.30B* | -$5.61B* | -$252.00M* | -$1.22B* | | $4.41B* | -$2.80B* | $1.00M* | -$159.00M* | -$1.55B* | $114.00M* |
|---|