Verizon Q3 2024 10-Q Filed

Ticker: VZ · Form: 10-Q · Filed: 2024-10-25T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, debt, telecommunications

TL;DR

Verizon's Q3 2024 10-Q is in, showing debt maturities through 2029. All systems go.

AI Summary

Verizon Communications Inc. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the third quarter. Key financial instruments and debt obligations, such as notes due in 2025, 2026, 2027, 2028, and 2029, are listed, indicating ongoing financial management and capital structure.

Why It Matters

This filing provides investors with the latest financial health and operational status of Verizon, a major telecommunications provider, impacting its stock and bond performance.

Risk Assessment

Risk Level: medium — The filing details various debt instruments and their maturity dates, indicating potential financial leverage and interest rate risks.

Key Numbers

Key Players & Entities

FAQ

What is the total value of Verizon's outstanding debt maturing in 2025?

The filing lists 'vz:A0.875NotesDue2025Member' but does not provide a specific total dollar amount for this maturity in the provided snippet.

When was Verizon Communications Inc. previously known as BELL ATLANTIC CORP?

The date of the name change from BELL ATLANTIC CORP to VERIZON COMMUNICATIONS INC was July 3, 1992 (19920703).

What is the standard industrial classification for Verizon Communications Inc.?

The Standard Industrial Classification is 'TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]'.

What is the fiscal year end for Verizon Communications Inc.?

The fiscal year end for Verizon Communications Inc. is December 31 (1231).

What exchanges are mentioned for Verizon's common stock?

Verizon's common stock is listed on the XNYM and XNGS exchanges.

From the Filing

0000732712-24-000069.txt : 20241025 0000732712-24-000069.hdr.sgml : 20241025 20241025093629 ACCESSION NUMBER: 0000732712-24-000069 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 106 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241025 DATE AS OF CHANGE: 20241025 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERIZON COMMUNICATIONS INC CENTRAL INDEX KEY: 0000732712 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] ORGANIZATION NAME: 06 Technology IRS NUMBER: 232259884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-08606 FILM NUMBER: 241394953 BUSINESS ADDRESS: STREET 1: 1095 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-395-1000 MAIL ADDRESS: STREET 1: 1095 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: BELL ATLANTIC CORP DATE OF NAME CHANGE: 19920703 10-Q 1 vz-20240930.htm 10-Q vz-20240930 false 2024 Q3 0000732712 12/31 P2Y 3 1 0 0 0 xbrli:shares iso4217:USD iso4217:USD xbrli:shares vz:wireless_tower vz:renewal_term vz:segment xbrli:pure iso4217:EUR iso4217:GBP vz:agreement vz:retiree vz:employee vz:state vz:court_action vz:facility 0000732712 2024-01-01 2024-09-30 0000732712 exch:XNYM us-gaap:CommonStockMember 2024-01-01 2024-09-30 0000732712 exch:XNGS us-gaap:CommonStockMember 2024-01-01 2024-09-30 0000732712 vz:A0.875NotesDue2025Member 2024-01-01 2024-09-30 0000732712 vz:A325NotesDue2026Member 2024-01-01 2024-09-30 0000732712 vz:A1.375NotesDue2026Member 2024-01-01 2024-09-30 0000732712 vz:A0.875NotesDue2027Member 2024-01-01 2024-09-30 0000732712 vz:A1.375NotesDue2028Member 2024-01-01 2024-09-30 0000732712 vz:A1125NotesDue2028Member 2024-01-01 2024-09-30 0000732712 vz:A2350NotesDue2028Member 2024-01-01 2024-09-30 0000732712 vz:A1.875NotesDue2029Member 2024-01-01 2024-09-30 0000732712 vz:A0375NotesDue2029Member 2024-01-01 2024-09-30 0000732712 vz:A1.250NotesDue2030Member 2024-01-01 2024-09-30 0000732712 vz:A1.875NotesDue2030Member 2024-01-01 2024-09-30 0000732712 vz:NotesDue20304250Member 2024-01-01 2024-09-30 0000732712 vz:A2.625NotesDue2031Member 2024-01-01 2024-09-30 0000732712 vz:A2.500NotesDue2031Member 2024-01-01 2024-09-30 0000732712 vz:A3000NotesDue2031Member 2024-01-01 2024-09-30 0000732712 vz:A0.875NotesDue2032Member 2024-01-01 2024-09-30 0000732712 vz:A0750NotesDue2032Member 2024-01-01 2024-09-30 0000732712 vz:A3.500NotesDue2032Member 2024-01-01 2024-09-30 0000732712 vz:A1300NotesDue2033Member 2024-01-01 2024-09-30 0000732712 vz:A475NotesDue2034Member 2024-01-01 2024-09-30 0000732712 vz:NotesDue20344750Member 2024-01-01 2024-09-30 0000732712 vz:A3.125NotesDue2035Member 2024-01-01 2024-09-30 0000732712 vz:A1125NotesDue2035Member 2024-01-01 2024-09-30 0000732712 vz:A3.375NotesDue2036Member 2024-01-01 2024-09-30 0000732712 vz:A3.750NotesDue2036Member 2024-01-01 2024-09-30 0000732712 vz:A2.875NotesDue2038Member 2024-01-01 2024-09-30 0000732712 vz:A1875NotesDue2038Member 2024-01-01 2024-09-30 0000732712 vz:A1.500NotesDue2039Member 2024-01-01 2024-09-30 0000732712 vz:A350FixedRateNotesDue2039Member 2024-01-01 2024-09-30 0000732712 vz:A1850NotesDue2040Member 2024-01-01 2024-09-30 0000732712 vz:A3850NotesDue2041Member 2024-01-01 2024-09-30 0000732712 2024-09-30 0000732712 vz:ServiceAndOtherMember 2024-07-01 2024-09-30 0000732712 vz:ServiceAndOtherMember 2023-07-01 2023-09-30 0000732712 vz:ServiceAndOtherMember 2024-01-01 2024-09-30 0000732712 vz:ServiceAndOtherMember 2023-01-01 2023-09-30 0000732712 us-gaap:ProductMember 2024-07-01 2024-09-30 0000732712 us-gaap:ProductMember 2023-07-01 2023-09-30 0000732712 us-gaap:ProductMember 2024-01-01 2024-09-30 0000732712 us-gaap:ProductMember 2023-01-01 2023-09-30 0000732712 2024-07-01 2024-09-30 0000732712 2023-07-01 2023-09-30 0000732712 2023-01-01 2023-09-30 0000732712 us-gaap:ServiceMember 2024-07-01 2024-09-30 0000732712 us-gaap:ServiceMember 2023-07-01 2023-09-30 00007

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