1、 As of December 31,2023 Table of ContentsCondensed Consolidated Statements of Income 3 Condensed Consolidated Balance Sheets 4 Consolidated-Selected Financial and Operating Statistics 5 Condensed Consolidated Statements of Cash Flows 6 Consumer Selected Financial Results 7 Consumer Selected Operatin

2、g Statistics 8 Business Selected Financial Results 9 Business Selected Operating Statistics 10 Supplemental Information 11 Non-GAAP Reconciliations and Notes 12 Verizon Communications Inc.Condensed Consolidated Statements of Income (dollars in millions,except per share amounts)202120222023UnauditedF

3、ull Year1Q2Q3Q4QFull Year1Q2Q3Q4QFull YearOperating RevenuesService revenues and other$110,449$27,218$27,115$27,666$27,626$109,625$27,152$27,319$27,523$27,658$109,652 Wireless equipment revenues 23,164 6,336 6,674 6,575 7,625 27,210 5,760 5,277 5,813 7,472 24,322 Total Operating Revenues 133,613 33,

4、554 33,789 34,241 35,251 136,835 32,912 32,596 33,336 35,130 133,974 Operating ExpensesCost of services 31,234 7,227 6,932 7,293 7,185 28,637 7,078 6,986 7,084 6,952 28,100 Cost of wireless equipment 25,067 7,123 7,488 7,308 8,577 30,496 6,426 5,778 6,353 8,230 26,787 Selling,general and administrat

5、ive expense 28,658 7,172 7,496 7,422 8,046 30,136 7,506 8,253 7,995 8,991 32,745 Depreciation and amortization expense 16,206 4,236 4,321 4,324 4,218 17,099 4,318 4,359 4,431 4,516 17,624 Verizon Business Group goodwill impairment 5,841 5,841 Total Operating Expenses 101,165 25,758 26,237 26,347 28,

6、026 106,368 25,328 25,376 25,863 34,530 111,097 Operating Income 32,448 7,796 7,552 7,894 7,225 30,467 7,584 7,220 7,473 600 22,877 Equity in earnings(losses)of unconsolidated businesses 145 (3)41 2 4 44 9 (33)(18)(11)(53)Other income(expense),net 312 (924)49 (439)2,687 1,373 114 210 170 (807)(313)I