VERIZON COMMUNICATIONS INC Quarterly Interest Expense in USD from Q1 2010 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Verizon Communications Inc quarterly/annual Interest Expense history and growth rate from Q1 2010 to Q2 2024.
  • Verizon Communications Inc Interest Expense for the quarter ending June 30, 2024 was $1.7B, a 32.1% increase year-over-year.
  • Verizon Communications Inc Interest Expense for the twelve months ending June 30, 2024 was $6.37B, a 40.4% increase year-over-year.
  • Verizon Communications Inc annual Interest Expense for 2023 was $5.52B, a 52.9% increase from 2022.
  • Verizon Communications Inc annual Interest Expense for 2022 was $3.61B, a 3.67% increase from 2021.
  • Verizon Communications Inc annual Interest Expense for 2021 was $3.49B, a 17.9% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $6.37B $1.7B +$413M +32.1% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-25
Q1 2024 $5.95B $1.64B +$428M +35.5% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-25
Q4 2023 $5.52B $1.6B +$494M +44.7% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-09
Q3 2023 $5.03B $1.43B +$496M +52.9% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-26
Q2 2023 $4.53B $1.29B +$500M +63.7% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-25
Q1 2023 $4.03B $1.21B +$421M +53.6% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-25
Q4 2022 $3.61B $1.11B +$366M +49.5% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-09
Q3 2022 $3.25B $937M +$136M +17% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-26
Q2 2022 $3.11B $785M -$59M -6.99% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-28
Q1 2022 $3.17B $786M -$315M -28.6% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-27
Q4 2021 $3.49B $739M -$341M -31.6% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-09
Q3 2021 $3.83B $801M -$243M -23.3% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-25
Q2 2021 $4.07B $844M -$245M -22.5% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-28
Q1 2021 $4.31B $1.1B +$67M +6.48% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-27
Q4 2020 $4.25B $1.08B -$79M -6.82% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-10
Q3 2020 $4.33B $1.04B -$102M -8.9% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-26
Q2 2020 $4.43B $1.09B -$126M -10.4% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-28
Q1 2020 $4.55B $1.03B -$176M -14.5% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-27
Q4 2019 $4.73B $1.16B -$40M -3.34% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-11
Q3 2019 $4.77B $1.15B -$65M -5.37% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-27
Q2 2019 $4.84B $1.22B -$7M -0.57% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-28
Q1 2019 $4.84B $1.21B +$9M +0.75% Jan 1, 2019 Mar 31, 2019 10-Q 2020-04-27
Q4 2018 $4.83B $1.2B -$20M -1.64% Oct 1, 2018 Dec 31, 2018 10-K 2021-02-25
Q3 2018 $4.85B $1.21B +$47M +4.04% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-30
Q2 2018 $4.81B $1.22B +$4M +0.33% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-08
Q1 2018 $4.8B $1.2B +$69M +6.1% Jan 1, 2018 Mar 31, 2018 8-K 2019-08-08
Q4 2017 $4.73B $1.22B +$82M +7.21% Oct 1, 2017 Dec 31, 2017 10-K 2020-02-21
Q3 2017 $4.65B $1.16B +$126M +12.1% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-30
Q2 2017 $4.53B $1.22B +$205M +20.2% Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-31
Q1 2017 $4.32B $1.13B -$56M -4.71% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-01
Q4 2016 $4.38B $1.14B -$41M -3.48% Oct 1, 2016 Dec 31, 2016 8-K 2019-08-08
Q3 2016 $4.42B $1.04B -$164M -13.6% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-26
Q2 2016 $4.58B $1.01B -$195M -16.1% Apr 1, 2016 Jun 30, 2016 10-Q 2016-07-29
Q1 2016 $4.78B $1.19B -$144M -10.8% Jan 1, 2016 Mar 31, 2016 10-Q 2017-04-27
Q4 2015 $4.92B $1.18B -$104M -8.11% Oct 1, 2015 Dec 31, 2015 8-K 2018-05-01
Q3 2015 $5.02B $1.2B -$53M -4.22% Jul 1, 2015 Sep 30, 2015 10-Q 2015-10-27
Q2 2015 $5.08B $1.21B +$44M +3.78% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-29
Q1 2015 $5.03B $1.33B +$118M +9.72% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-28
Q4 2014 $4.92B $1.28B +$221M +20.8% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-21
Q3 2014 $4.69B $1.26B +$700M +126% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-27
Q2 2014 $3.99B $1.16B +$650M +126% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-28
Q1 2014 $3.34B $1.21B +$677M +126% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-28
Q4 2013 $2.67B $1.06B +$486M +84.5% Oct 1, 2013 Dec 31, 2013 8-K 2016-07-29
Q3 2013 $2.18B $555M -$77M -12.2% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-28
Q2 2013 $2.26B $514M -$165M -24.3% Apr 1, 2013 Jun 30, 2013 10-Q 2014-07-29
Q1 2013 $2.42B $537M -$148M -21.6% Jan 1, 2013 Mar 31, 2013 10-Q 2014-04-29
Q4 2012 $2.57B $575M -$128M -18.2% Oct 1, 2012 Dec 31, 2012 10-K 2015-02-23
Q3 2012 $2.7B $632M -$66M -9.46% Jul 1, 2012 Sep 30, 2012 10-Q 2013-10-24
Q2 2012 $2.77B $679M -$38M -5.3% Apr 1, 2012 Jun 30, 2012 10-Q 2013-07-25
Q1 2012 $2.8B $685M -$24M -3.39% Jan 1, 2012 Mar 31, 2012 10-Q 2013-04-25
Q4 2011 $2.83B $703M +$136M +24% Oct 1, 2011 Dec 31, 2011 10-K 2014-02-27
Q3 2011 $2.69B $698M +$101M +16.9% Jul 1, 2011 Sep 30, 2011 10-Q 2012-10-25
Q2 2011 $2.59B $717M +$38M +5.6% Apr 1, 2011 Jun 30, 2011 10-Q 2012-07-30
Q1 2011 $2.55B $709M +$29M +4.27% Jan 1, 2011 Mar 31, 2011 10-Q 2012-04-26
Q4 2010 $2.52B $567M Oct 1, 2010 Dec 31, 2010 10-K 2013-02-26
Q3 2010 $597M Jul 1, 2010 Sep 30, 2010 10-Q 2011-10-25
Q2 2010 $679M Apr 1, 2010 Jun 30, 2010 10-Q 2011-07-28
Q1 2010 $680M Jan 1, 2010 Mar 31, 2010 10-Q 2011-04-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.