Verizon Communications Inc.New York, NY, United States (NYSE: VZ)

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Verizon Balance Sheet

All amounts in millions of except per share amounts.
View: Annual | Quarterly
Assets Dec 07 Dec 06 Dec 05
Current Assets
Cash 3,397.0 5,653.0 3,274.0
Net Receivables 11,736.0 10,891.0 9,171.0
Inventories 1,729.0 4,106.0 1,780.0
Other Current Assets 1,836.0 1,888.0 2,223.0
Total Current Assets 18,698.0 22,538.0 16,448.0
Net Fixed Assets 85,294.0 82,356.0 75,305.0
Other Noncurrent Assets 82,967.0 83,910.0 76,377.0
Total Assets 186,959.0 188,804.0 168,130.0
Liabilities and Shareholder's Equity Dec 07 Dec 06 Dec 05
Current Liabilities
Accounts Payable 14,462.0 14,320.0 12,351.0
Short-Term Debt 2,954.0 7,715.0 7,141.0
Other Current Liabilities 7,325.0 10,245.0 5,571.0
Total Current Liabilities 24,741.0 32,280.0 25,063.0
Long-Term Debt 28,203.0 28,646.0 31,869.0
Other Noncurrent Liabilities 83,434.0 79,343.0 71,518.0
Total Liabilities 136,378.0 140,269.0 128,450.0

Shareholder's Equity
Preferred Stock Equity -- -- --
Common Stock Equity 50,581.0 48,535.0 39,680.0
Total Equity 50,581.0 48,535.0 39,680.0
Shares Outstanding (mil.) 2,967.6 2,911.5 2,774.9
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