VERIZON COMMUNICATIONS INC Annual Interest Expense in USD from 2010 to 2023

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 2010 to 2023.
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, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$5.52B	+$1.91B	+52.9%	Jan 1, 2023	Dec 31, 2023	10-K	2024-02-09
2022	$3.61B	+$128M	+3.67%	Jan 1, 2022	Dec 31, 2022	10-K	2024-02-09
2021	$3.49B	-$762M	-17.9%	Jan 1, 2021	Dec 31, 2021	10-K	2024-02-09
2020	$4.25B	-$483M	-10.2%	Jan 1, 2020	Dec 31, 2020	10-K	2023-02-10
2019	$4.73B	-$103M	-2.13%	Jan 1, 2019	Dec 31, 2019	10-K	2022-02-11
2018	$4.83B	+$100M	+2.11%	Jan 1, 2018	Dec 31, 2018	10-K	2021-02-25
2017	$4.73B	+$357M	+8.16%	Jan 1, 2017	Dec 31, 2017	10-K	2020-02-21
2016	$4.38B	-$544M	-11.1%	Jan 1, 2016	Dec 31, 2016	8-K	2019-08-08
2015	$4.92B	+$5M	+0.1%	Jan 1, 2015	Dec 31, 2015	8-K	2018-05-01
2014	$4.92B	+$2.25B	+84.3%	Jan 1, 2014	Dec 31, 2014	10-K	2017-02-21
2013	$2.67B	+$96M	+3.73%	Jan 1, 2013	Dec 31, 2013	8-K	2016-07-29
2012	$2.57B	-$256M	-9.06%	Jan 1, 2012	Dec 31, 2012	10-K	2015-02-23
2011	$2.83B	+$304M	+12%	Jan 1, 2011	Dec 31, 2011	10-K	2014-02-27
2010	$2.52B			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.