As of June 30, 2012
Table of Contents
Condend Consolidated Statements of Income3 Non-Operational & Other Items5 Condend Consolidated Balance Sheets7 Verizon – Selected Financial and Operating Statistics7 Condend Consolidated Statements of Cash Flows9 Verizon Wireless – Selected Financial Results 12 Verizon Wireless – Selected Operating Statistics13 Wireline – Selected Financial Results 15 Wireline – Selected Operating Statistics16 Non-GAAP Reconciliations and Notes18
(dollars in millions, except per share amounts)
Unaudited
2010
2011
2Q'12鞠躬尽瘁的主人公是谁
Operating Revenues
106,565
$ 110,875
$ 56,794
$ Operating Expens
Cost of rvices and sales
44,149 45,875 22,215 Selling, general & administrative expen 31,366 35,624 15,577 Depreciation and amortization expen 16,405 16,496 8,156 Total Operating Expens
91,920 97,995 45,948
Operating Income
14,645 12,880 10,846 Equity in earnings of unconsolidated business 508 444 175 Other income and (expen), net 54 (14) 53 Interest expen
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(2,523) (2,827) (1,364) Income Before Provision for Income Taxes 12,684 10,483 9,710 Provision for income taxes (2,467) (285) (1,519) Net Income
10,217$ 10,198$ 8,191$ Net income attributable to noncontrolling interest 7,668
$ 7,794
$ 4,680
$ Net income attributable to Verizon 2,549 2,404 3,511 Net Income
10,217
$ 10,198
$ 8,191
$ Basic Earnings per Common Share Net Income attributable to Verizon
.90
$ .85
古诗谜$ 1.23
$ Weighted average number of common shares (in millions)
2,830 2,833 2,846
Diluted Earnings per Common Share (1)Net Income attributable to Verizon
.90
$ .85
$ 1.23
$ Weighted average number of common shares-assuming dilution (in millions)
2,833 2,839 2,854
Notes:
Certain reclassifications of prior period amounts have been made, where appropriate, to reflect comparable operating results.
(1) Diluted Earnings per Common Share includes the dilutive effect of shares issuable under our stock-bad compensation plans.
(dollars in millions, except per share amounts)
Unaudited
3Q
4Q 1Q
2Q
3Q 4Q
1Q
2Q
Operating Revenues
26,484$ 26,395$ 26,990$ 27,536$ 27,913$ 28,436$ 28,242$ 28,552
$Operating Expens
Cost of rvices and sales
10,671 10,610 11,229 11,158 11,398 12,090 11,319 10,896 Selling, general & administrative expen 8,407 5,291 7,284 7,373 7,689 13,278 7,700 7,877 Depreciation and amortization expen 4,023 4,083 4,024 4,113 4,179 4,180 4,028 4,128 Total Operating Expens
23,101 19,984 22,537 22,644 23,266 29,548 23,047 22,901 Operating Income (Loss)
3,383
6,411
4,453
4,892
4,647
(1,112) 5,195
5,651
Equity in earnings of unconsolidated business
141 113 101 121 125 97 103 72
Other income and (expen), net (51) 43 36 10 24 (84) 19 34 Interest expen
(597) (567) (709) (717) (698) (703) (685) (679) Income (Loss) Before (Provision) Benefit for Income Taxes
2,876 6,000 3,881 4,306 4,098 (1,802) 4,632 5,078 (Provision) benefit for income taxes (178) (1,352) (617) (702) (556) 1,590 (726) (793) Net Income (Loss)
悲伤朱丽叶2,698$ 4,648$ 3,264$ 3,604$ 3,542$ (212)$ 3,906$ 4,285
$ Net income attributable to noncontrolling interest
2,039$ 2,009$ 1,825$ 1,995$ 2,163$ 1,811$ 2,220$ 2,460
$ Net income (loss) attributable to Verizon 659 2,639 1,439 1,609 1,379 (2,023) 1,686 1,825 Net Income (Loss)
2,698$ 4,648$ 3,264$ 3,604$ 3,542$ (212)$ 3,906$ 4,285
$ Basic Earnings (Loss) per Common Share Net Income (Loss) attributable to Verizon .23$ .93$ .51$ .57$ .49$ (.71)$ .59$ .64$ Weighted average number of common shares (in millions)
2,829
2,829
2,830
2,832
2,834
2,835
2,842
2,849
Diluted Earnings (Loss) per Common Share (1)
Net Income (Loss) attributable to Verizon .23$ .93$ .51$ .57$ .49$ (.71)$ .59$ .64$ Weighted average number of common shares-assuming dilution (in millions)2,830
2,831
2,834
2,838
2,839
2,835
2,849
2,858diro
Notes:
Certain reclassifications of prior period amounts have been made, where appropriate, to reflect comparable operating results. EPS may not add due to rounding.
(1) If there is a net loss, diluted EPS is the same as basic EPS. Diluted Earnings per Common Share includes the dilutive effect of shares issuable under our stock-bad compensation plans.
描写秋天景色的成语201020112012
Non-Operational & Other Items
(Pre-tax dollars in millions)
Unaudited
2010
2011
2Q'12
Merger Integration and Acquisition Related Charges
Cost of rvices and sales
376
$ -$ -$ Selling, general & administrative expen 389 - - Depreciation and amortization expen 102
-
-
Access Line Spin-off Related Charges Cost of rvices and sales
42
$ -$ -$ Selling, general & administrative expen 365 - - Other income and (expen), net 55 - -
Severance, Pension & Benefit Charges Operating expens
3,054$ 5,954$ -
$ Medicare Part D Subsidy Charges Provision for income taxes 962$ -$ -
$ Wireless Data Revenue Service revenue 226$ -$ -$ Equipment & other
9 - -
Impact of Divested Operations Revenues
2,407$ -$ -$ Cost of rvices and sales
574 - - Selling, general & administrative expen 665 - - Depreciation and amortization expen 413 - - Total Expens
1,652$ -$ -
$ Extinguishment of Debt
扣你吉娃什么意思Other income and (expen), net孩子厌学咋办
-$ 120$ -
$
