VERIZON COMMUNICATIONS INC Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Verizon Communications Inc quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Verizon Communications Inc Amortization of Intangible Assets for the quarter ending September 30, 2024 was $676M, a 2.03% decline year-over-year.
  • Verizon Communications Inc Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $2.78B, a 8.77% increase year-over-year.
  • Verizon Communications Inc annual Amortization of Intangible Assets for 2023 was $2.69B, a 7.18% increase from 2022.
  • Verizon Communications Inc annual Amortization of Intangible Assets for 2022 was $2.51B, a 20.1% increase from 2021.
  • Verizon Communications Inc annual Amortization of Intangible Assets for 2021 was $2.09B, a 14.6% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.69B +$180M +7.18% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-09
2022 $2.51B +$420M +20.1% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-09
2021 $2.09B -$358M -14.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-09
2020 $2.45B +$134M +5.8% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-10
2019 $2.31B +$94M +4.24% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-11
2018 $2.22B +$4M +0.18% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $2.21B +$512M +30.1% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-21
2016 $1.7B +$7M +0.41% Jan 1, 2016 Dec 31, 2016 8-K 2019-08-08
2015 $1.69B +$127M +8.11% Jan 1, 2015 Dec 31, 2015 8-K 2018-05-01
2014 $1.57B -$20M -1.26% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-21
2013 $1.59B +$47M +3.05% Jan 1, 2013 Dec 31, 2013 8-K 2016-07-29
2012 $1.54B +$35M +2.33% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-23
2011 $1.51B -$307M -16.9% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-27
2010 $1.81B Jan 1, 2010 Dec 31, 2010 10-K 2013-02-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.