Company research
VERIZON COMMUNICATIONS INC
CIK 732712Updated Nov 13, 2026
VZ price & chart
Loading TradingView…
NYSE:VZ on TradingView ↗About the company
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
In the news
Solink Raises $100+ Million in Fresh Funding: NYSE Content Update ↗
Verizon declares quarterly dividend on September 9, 2026 ↗
Verizon to redeem debt securities on September 21, 2026 ↗
Recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 388,331,000,000Source | 381,164,000,000Source | 410,186,000,000Source | 383,285,000,000Source | 379,146,000,000Source | 417,882,000,000Source | 380,364,000,000Source | 380,158,000,000Source | 404,258,000,000Source | 384,711,000,000Source | 380,255,000,000Source | 379,680,000,000Source |
| Property, Plant and Equipment, NetUSD | 108,467,000,000Source | 107,528,000,000Source | 125,497,000,000Source | 108,069,000,000Source | 107,890,000,000Source | 125,972,000,000Source | 107,923,000,000Source | 107,863,000,000Source | 109,467,000,000Source | 108,522,000,000Source | 108,310,000,000Source | 107,434,000,000Source |
| GoodwillUSD | 22,841,000,000Source | 22,844,000,000Source | 30,664,000,000Source | 22,841,000,000Source | 22,842,000,000Source | 30,628,000,000Source | 22,842,000,000Source | 22,842,000,000Source | 22,841,000,000Source | 22,841,000,000Source | 22,843,000,000Source | 28,671,000,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 7,706,000,000Source | 4,987,000,000Source | 1,752,000,000Source | 3,435,000,000Source | 2,432,000,000Source | 8,366,000,000Source | 2,257,000,000Source | 2,365,000,000Source | 19,048,000,000Source | 4,194,000,000Source | 2,065,000,000Source | 2,605,000,000Source |
| Inventory, NetUSD | 2,700,000,000Source | 2,523,000,000Source | 2,036,000,000Source | 2,137,000,000Source | 1,841,000,000Source | 2,320,000,000Source | 2,197,000,000Source | 2,076,000,000Source | 2,441,000,000Source | 2,247,000,000Source | 2,057,000,000Source | 2,388,000,000Source |
| Assets, CurrentUSD | 44,010,000,000Source | 40,641,000,000Source | 37,571,000,000Source | 38,846,000,000Source | 38,056,000,000Source | 44,723,000,000Source | 37,353,000,000Source | 37,957,000,000Source | 56,922,000,000Source | 40,523,000,000Source | 36,814,000,000Source | 37,857,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,684,000,000Source | 7,177,000,000Source | 7,297,000,000Source | 6,999,000,000Source | 8,176,000,000Source | 7,382,000,000Source | 7,010,000,000Source | 8,197,000,000Source | 8,336,000,000Source | 7,973,000,000Source | 7,607,000,000Source | 8,358,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 23,760,000,000Source | 23,613,000,000Source | 23,158,000,000Source | 23,949,000,000Source | 24,064,000,000Source | 23,401,000,000Source | 24,175,000,000Source | 24,351,000,000Source | 23,498,000,000Source | 24,472,000,000Source | 24,726,000,000Source | 26,130,000,000Source |
| Other Assets, NoncurrentUSD | 21,012,000,000Source | 18,516,000,000Source | 22,037,000,000Source | 21,318,000,000Source | 18,415,000,000Source | 22,547,000,000Source | 19,678,000,000Source | 19,258,000,000Source | 23,248,000,000Source | 19,769,000,000Source | 19,885,000,000Source | 17,260,000,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | — | — | — | — | — | — | — | — | — | — | — | 429,000,000Source |
| Additional Paid in CapitalUSD | 13,408,000,000Source | 13,479,000,000Source | 13,258,000,000Source | 13,412,000,000Source | 13,539,000,000Source | 13,263,000,000Source | 13,415,000,000Source | 13,571,000,000Source | 13,372,000,000Source | 13,466,000,000Source | 13,631,000,000Source | 13,420,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 95,316,000,000Source | 86,958,000,000Source | 97,728,000,000Source | 93,275,000,000Source | 86,504,000,000Source | 96,824,000,000Source | 91,128,000,000Source | 84,714,000,000Source | 94,744,000,000Source | 89,110,000,000Source | 82,915,000,000Source | 82,380,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,651,000,000Source | -1,665,000,000Source | -1,784,000,000Source | -1,475,000,000Source | -1,287,000,000Source | -2,372,000,000Source | -1,489,000,000Source | -1,199,000,000Source | -1,727,000,000Source | -923,000,000Source | -1,380,000,000Source | -1,865,000,000Source |
| Liabilities and EquityUSD | 388,331,000,000Source | 381,164,000,000Source | 410,186,000,000Source | 383,285,000,000Source | 379,146,000,000Source | 417,882,000,000Source | 380,364,000,000Source | 380,158,000,000Source | 404,258,000,000Source | 384,711,000,000Source | 380,255,000,000Source | 379,680,000,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 59,563,000,000Source | 61,816,000,000Source | 62,211,000,000Source | 60,952,000,000Source | 60,806,000,000Source | 69,880,000,000Source | 61,066,000,000Source | 53,631,000,000Source | 62,370,000,000Source | 64,771,000,000Source | 53,223,000,000Source | 50,171,000,000Source |
| Operating Lease, Liability, CurrentUSD | 4,501,000,000Source | 4,312,000,000Source | 4,835,000,000Source | 4,731,000,000Source | 4,247,000,000Source | 4,720,000,000Source | 4,686,000,000Source | 4,282,000,000Source | 4,542,000,000Source | 4,415,000,000Source | 4,266,000,000Source | 4,134,000,000Source |
| Accounts Payable, CurrentUSD | — | — | — | — | — | — | — | — | 12,154,000,000Source | 10,425,000,000Source | 10,021,000,000Source | 8,750,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 19,176,000,000Source | 19,247,000,000Source | 18,392,000,000Source | 19,164,000,000Source | 19,456,000,000Source | 18,692,000,000Source | 19,379,000,000Source | 19,654,000,000Source | 18,951,000,000Source | 19,928,000,000Source | 20,002,000,000Source | 21,558,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 48,226,000,000Source | 45,865,000,000Source | 50,234,000,000Source | 46,568,000,000Source | 46,082,000,000Source | 49,312,000,000Source | 46,643,000,000Source | 45,980,000,000Source | 48,717,000,000Source | 46,732,000,000Source | 45,781,000,000Source | 43,441,000,000Source |
| Other Liabilities, NoncurrentUSD | 17,320,000,000Source | 14,946,000,000Source | 18,947,000,000Source | 17,141,000,000Source | 16,429,000,000Source | 19,122,000,000Source | 18,426,000,000Source | 16,258,000,000Source | 17,848,000,000Source | 19,327,000,000Source | 16,560,000,000Source | 18,397,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,303,000,000Source | 1,342,000,000Source | 1,276,000,000Source | 1,298,000,000Source | 1,367,000,000Source | 1,313,000,000Source | 1,315,000,000Source | 1,392,000,000Source | 1,281,000,000Source | 1,338,000,000Source | 1,369,000,000Source | 1,319,000,000Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | — | — | — | — | — | — | — | — | 4,534,000,000Source | 5,058,000,000Source | 5,190,000,000Source | 7,824,000,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 48,582,000,000Source | 46,583,000,000Source | 45,633,000,000Source | 43,268,000,000Source |
| Dividends Payable, CurrentUSD | — | — | — | — | — | — | — | — | 2,937,000,000Source | 2,878,000,000Source | 2,821,000,000Source | 2,764,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 20,146,000,000Source | 21,763,000,000Source | 21,783,000,000Source | 22,067,000,000Source | 23,255,000,000Source | 28,229,000,000Source | 22,629,000,000Source | 15,594,000,000Source | 18,618,000,000Source | 22,633,000,000Source | 12,973,000,000Source | 9,963,000,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 5,056,000,000Source | 3,411,000,000Source | 3,949,000,000Source | 5,121,000,000Source | 5,146,000,000Source | 4,983,000,000Source | 17,608,000,000Source | 17,949,000,000Source | 12,095,000,000Source | 21,748,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | — | 2,513,000,000Source | 2,565,000,000Source | 2,198,000,000Source | 1,978,000,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | — | 232,000,000Source | 196,000,000Source | -287,000,000Source | -627,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 703,000,000Source | 132,000,000Source | 2,340,000,000Source | 815,000,000Source | 2,388,000,000Source | 2,973,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 7,984,000,000Source | 7,782,000,000Source | 37,137,000,000Source | 36,912,000,000Source | 37,475,000,000Source | 37,141,000,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | 9,480,000,000Source | 0Source | 0Source | 0Source | 30,000,000Source | -248,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -13,573,000,000Source | -3,752,000,000Source | -16,660,000,000Source | -18,674,000,000Source | -23,432,000,000Source | -28,662,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | -191,000,000Source | -515,000,000Source | -801,000,000Source | -28,000,000Source | -281,000,000Source | -62,000,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -5,278,000,000Source | -5,893,000,000Source | -5,613,000,000Source | -17,100,000,000Source | -14,657,000,000Source | -8,529,000,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | — | — | — | -911,000,000Source | -783,000,000Source | -1,949,000,000Source | -1,075,000,000Source | -1,470,000,000Source | -2,072,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -10,867,000,000Source | -1,863,000,000Source | 14,864,000,000Source | 1,138,000,000Source | -614,000,000Source | -50,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 8,156,000,000Source | 5,387,000,000Source | 2,304,000,000Source | 3,931,000,000Source | 8,632,000,000Source | 2,772,000,000Source | 19,499,000,000Source | 4,635,000,000Source | 3,497,000,000Source | 4,111,000,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 5,772,000,000Source | 5,505,000,000Source | 4,384,000,000Source | 3,316,000,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 3,581,000,000Source | 5,632,000,000Source | 2,343,000,000Source | 2,736,000,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 749,000,000Source | 676,000,000Source | — | 754,000,000Source | 836,000,000Source | 734,000,000Source | 2,999,000,000Source | 2,781,000,000Source | 2,687,000,000Source | 2,507,000,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 15,350,000,000Source | 15,112,000,000Source | 14,937,000,000Source | 14,592,000,000Source |
| Dividends Payable, CurrentUSD | — | — | — | — | — | — | — | — | 2,937,000,000Source | 2,878,000,000Source | 2,821,000,000Source | 2,764,000,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Gain (Loss) on Disposition of BusinessUSD | — | — | — | — | -746,000,000Source | 0Source | — | — | — | — | 0Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 94,000,000Source | 90,000,000Source | 152,000,000Source | 88,000,000Source | 95,000,000Source | 90,000,000Source | 368,000,000Source | 385,000,000Source | 308,000,000Source | -1,077,000,000Source |
| GoodwillUSD | — | — | 22,841,000,000Source | 22,844,000,000Source | 30,664,000,000Source | 22,841,000,000Source | 30,628,000,000Source | 22,842,000,000Source | 22,841,000,000Source | 22,841,000,000Source | 22,843,000,000Source | 28,671,000,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 5,841,000,000Source | 16,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -6,000,000Source | -24,000,000Source | 44,000,000Source | -3,000,000Source | 5,000,000Source | 6,000,000Source | 0Source | -53,000,000Source | -53,000,000Source | 44,000,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | — | — | — | — | — | — | -3,000,000Source | -20,000,000Source | -42,000,000Source | -75,000,000Source | -84,000,000Source | 10,000,000Source |
| Income Tax Expense (Benefit)USD | — | — | 1,471,000,000Source | 891,000,000Source | 1,325,000,000Source | 1,488,000,000Source | 1,638,000,000Source | 1,490,000,000Source | 5,064,000,000Source | 5,030,000,000Source | 4,892,000,000Source | 6,523,000,000Source |
| InterestExpenseNonoperatingUSD | — | — | 1,664,000,000Source | 1,672,000,000Source | 1,985,000,000Source | 1,639,000,000Source | 1,940,000,000Source | 1,632,000,000Source | 6,694,000,000Source | 6,649,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 4,950,000,000Source | 3,306,000,000Source | 3,835,000,000Source | 5,003,000,000Source | 5,045,000,000Source | 4,879,000,000Source | 17,174,000,000Source | 17,506,000,000Source | 11,614,000,000Source | 21,256,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 106,000,000Source | 105,000,000Source | 114,000,000Source | 118,000,000Source | 101,000,000Source | 104,000,000Source | 434,000,000Source | 443,000,000Source | 481,000,000Source | 492,000,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 92,000,000Source | 72,000,000Source | 36,000,000Source | 79,000,000Source | 477,000,000Source | 121,000,000Source | 107,000,000Source | 995,000,000Source | -313,000,000Source | 1,373,000,000Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | — | — | 97,000,000Source | 259,000,000Source | 73,000,000Source | 366,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | 27,600,000,000Source | 15,600,000,000Source | 8,600,000,000Source | 17,800,000,000Source |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 33,821,000,000Source | 33,330,000,000Source | 34,253,000,000Source | 34,504,000,000Source | 34,440,000,000Source | 33,485,000,000Source | 138,191,000,000Source | 134,788,000,000Source | 133,974,000,000Source | 136,835,000,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 7,752,000,000Source | 9,706,000,000Source | 8,982,000,000Source | 7,812,000,000Source | 7,633,000,000Source | 7,874,000,000Source | 33,818,000,000Source | 34,113,000,000Source | 32,745,000,000Source | 30,136,000,000Source |
| Operating Income (Loss)USD | — | — | 8,105,000,000Source | 5,926,000,000Source | 7,179,000,000Source | 8,172,000,000Source | 8,242,000,000Source | 7,978,000,000Source | 29,259,000,000Source | 28,686,000,000Source | 22,877,000,000Source | 30,467,000,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 92,000,000Source | 72,000,000Source | 36,000,000Source | 79,000,000Source | 477,000,000Source | 121,000,000Source | 107,000,000Source | 995,000,000Source | -313,000,000Source | 1,373,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 6,527,000,000Source | 4,302,000,000Source | 5,274,000,000Source | 6,609,000,000Source | 6,784,000,000Source | 6,473,000,000Source | 22,672,000,000Source | 22,979,000,000Source | 16,987,000,000Source | 28,271,000,000Source |
| Income Tax Expense (Benefit)USD | — | — | 1,471,000,000Source | 891,000,000Source | 1,325,000,000Source | 1,488,000,000Source | 1,638,000,000Source | 1,490,000,000Source | 5,064,000,000Source | 5,030,000,000Source | 4,892,000,000Source | 6,523,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 106,000,000Source | 105,000,000Source | 114,000,000Source | 118,000,000Source | 101,000,000Source | 104,000,000Source | 434,000,000Source | 443,000,000Source | 481,000,000Source | 492,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 4,950,000,000Source | 3,306,000,000Source | 3,835,000,000Source | 5,003,000,000Source | 5,045,000,000Source | 4,879,000,000Source | 17,174,000,000Source | 17,506,000,000Source | 11,614,000,000Source | 21,256,000,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 1.17Source | 0.78Source | 0.92Source | 1.18Source | 1.2Source | 1.16Source | 4.06Source | 4.15Source | 2.76Source | 5.06Source |
| Earnings Per Share, DilutedUSD per share | — | — | 1.17Source | 0.78Source | 0.92Source | 1.18Source | 1.2Source | 1.15Source | 4.06Source | 4.14Source | 2.75Source | 5.06Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 4,228,000,000Source | 4,220,000,000Source | 4,168,000,000Source | 4,224,000,000Source | 4,205,000,000Source | 4,222,000,000Source | 4,226,000,000Source | 4,218,000,000Source | 4,211,000,000Source | 4,202,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 4,233,000,000Source | 4,225,000,000Source | 4,171,000,000Source | 4,228,000,000Source | 4,210,000,000Source | 4,226,000,000Source | 4,231,000,000Source | 4,223,000,000Source | 4,215,000,000Source | 4,204,000,000Source |
| Interest Expense (non-operating)USD | — | — | 1,664,000,000Source | 1,672,000,000Source | 1,985,000,000Source | 1,639,000,000Source | 1,940,000,000Source | 1,632,000,000Source | 6,694,000,000Source | 6,649,000,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 749,000,000Source | 676,000,000Source | — | 754,000,000Source | 836,000,000Source | 734,000,000Source | 2,999,000,000Source | 2,781,000,000Source | 2,687,000,000Source | 2,507,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.69Source | 0.68Source | 0.71Source | 0.68Source | 0.71Source | 0.68Source | 2.74Source | 2.69Source | 2.64Source | 2.59Source |
| Costs and ExpensesUSD | — | — | 25,716,000,000Source | 27,404,000,000Source | 27,074,000,000Source | 26,332,000,000Source | 26,198,000,000Source | 25,507,000,000Source | 108,932,000,000Source | 106,102,000,000Source | 111,097,000,000Source | 106,368,000,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 2,724,000,000Source | 4,215,000,000Source | 2,504,000,000Source | 3,550,000,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 4,618,000,000Source | 4,458,000,000Source | 5,008,000,000Source | 4,635,000,000Source | 4,892,000,000Source | 4,577,000,000Source | 18,349,000,000Source | 17,892,000,000Source | 17,624,000,000Source | 17,099,000,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 5,841,000,000Source | 16,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 20,150,000,000Source | 21,253,000,000Source | 15,668,000,000Source | 26,822,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -6,000,000Source | -24,000,000Source | 44,000,000Source | -3,000,000Source | 5,000,000Source | 6,000,000Source | 0Source | -53,000,000Source | -53,000,000Source | 44,000,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 5,524,000,000Source | 3,613,000,000Source |
| Interest Income, OtherUSD | — | — | — | — | — | — | — | — | 329,000,000Source | 336,000,000Source | 354,000,000Source | 146,000,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | — | — | — | — | — | — | — | — | 827,000,000Source | -300,000,000Source | 938,000,000Source | -2,386,000,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | —Source | — | — | — | — |
Offerings
Registration 333-299549
Registration 333-290683
Registration 333-283664
Filing attachments
d13100dex410.htm · S-4 · 2026-10-20
EXHIBIT 4.10 THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THE SECURITY EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FR…
Read attachment ↗d13100dex411.htm · S-4 · 2026-10-20
EXHIBIT 4.11 THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. THE FOREGOING LEGEND MAY BE REMOVED FROM THIS SECURITY AFTER 40 DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE…
Read attachment ↗d13100dex412.htm · S-4 · 2026-10-20
EXHIBIT 4.12 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIV…
Read attachment ↗d13100dex413.htm · S-4 · 2026-10-20
EXHIBIT 4.13 THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THE SECURITY EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FR…
Read attachment ↗d13100dex414.htm · S-4 · 2026-10-20
Exhibit 4.14 THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. THE FOREGOING LEGEND MAY BE REMOVED FROM THIS SECURITY AFTER 40 DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE…
Read attachment ↗d13100dex415.htm · S-4 · 2026-10-20
EXHIBIT 4.15 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIV…
Read attachment ↗