VERIZON COMMUNICATIONS INC
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 29, 2026
VZ$46.31+0.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
Verizon Communications Inc. and Subsidiaries
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| (dollars in millions) (unaudited) | 2026 | 2025 |
| Cash Flows from Operating Activities | ||
| Net Income | $14,415 | $15,160 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 14,995 | 13,830 |
| Employee retirement benefits | 187 | 444 |
| Deferred income taxes | 2,113 | 1,809 |
| Provision for expected credit losses | 1,503 | 1,613 |
| Equity in (earnings) losses of unconsolidated businesses, net of dividends received | (27) | 41 |
| Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses | (3,438) | (4,054) |
| Other, net | 188 | (820) |
| Net cash provided by operating activities | 29,936 | 28,023 |
| Cash Flows from Investing Activities | ||
| Capital expenditures (including capitalized software) | (11,926) | (12,263) |
| Cash paid related to acquisitions of businesses, net of cash acquired | (9,480) | — |
| Acquisitions of wireless licenses | (4,384) | (340) |
| Other, net | 319 | 923 |
| Net cash used in investing activities | (25,471) | (11,680) |
| Cash Flows from Financing Activities | ||
| Proceeds from long-term borrowings | 13,658 | 3,952 |
| Proceeds from asset-backed long-term borrowings | 13,773 | 7,340 |
| Repayments of long-term borrowings and finance lease obligations | (17,349) | (7,529) |
| Repayments of asset-backed long-term borrowings | (14,285) | (6,437) |
| Dividends paid | (8,804) | (8,569) |
| Purchase of common stock for treasury | (4,000) | — |
| Other, net | (1,893) | (1,579) |
| Net cash used in financing activities | (18,900) | (12,822) |
| Increase (decrease) in cash, cash equivalents and restricted cash | (14,435) | 3,521 |
| Cash, cash equivalents and restricted cash, beginning of period | 19,499 | 4,635 |
| Cash, cash equivalents and restricted cash, end of period (Note 1) | $5,064 | $8,156 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.