notes to consolidated financial statements

Note 13 (2 of 3)

Segment Information

(dollars in millions)

2010

Verizon
Wireless

 

Wireline

 

Total
Segments

 

External Operating Revenues

 

 

 

 

 

 

 

 

 

Retail service

$

53,267

 

$

 

$

53,267

 

Other service

 

2,321

 

 

 

 

2,321

 

Service revenue

 

55,588

 

 

 

 

55,588

 

 

 

 

 

 

 

 

 

 

 

Equipment

 

4,412

 

 

 

 

4,412

 

Other

 

3,341

 

 

 

 

3,341

 

 

 

 

 

 

 

 

 

 

 

Consumer retail

 

 

 

13,419

 

 

13,419

 

Small business

 

 

 

2,828

 

 

2,828

 

Mass Markets

 

 

 

16,247

 

 

16,247

 

 

 

 

 

 

 

 

 

 

 

Strategic services

 

 

 

6,602

 

 

6,602

 

Other

 

 

 

8,712

 

 

8,712

 

Global Enterprise

 

 

 

15,314

 

 

15,314

 

 

 

 

 

 

 

 

 

 

 

Global Wholesale

 

 

 

7,526

 

 

7,526

 

Other

 

 

 

858

 

 

858

 

Intersegment revenues

 

66

 

 

1,282

 

 

1,348

 

Total operating revenues

 

63,407

 

 

41,227

 

 

104,634

 

 

 

 

 

 

 

 

 

 

 

Cost of services and sales

 

19,245

 

 

22,618

 

 

41,863

 

Selling, general and administrative expense

 

18,082

 

 

9,372

 

 

27,454

 

Depreciation and amortization expense

 

7,356

 

 

8,469

 

 

15,825

 

Total operating expenses

 

44,683

 

 

40,459

 

 

85,142

 

Operating income

$

18,724

 

$

768

 

$

19,492

 

 

 

 

 

 

 

 

 

 

 

Assets

$

138,863

 

$

83,849

 

$

222,712

 

Plant, property and equipment, net

 

32,253

 

 

54,594

 

 

86,847

 

Capital expenditures

 

8,438

 

 

7,269

 

 

15,707

 

(dollars in millions)

2009

Verizon
Wireless

 

Wireline

 

Total
Segments

 

External Operating Revenues

 

 

 

 

 

 

 

 

 

Retail service

$

50,688

 

$

 

$

50,688

 

Other service

 

1,287

 

 

 

 

1,287

 

Service revenue

 

51,975

 

 

 

 

51,975

 

 

 

 

 

 

 

 

 

 

 

Equipment

 

4,837

 

 

 

 

4,837

 

Other

 

3,413

 

 

 

 

3,413

 

 

 

 

 

 

 

 

 

 

 

Consumer retail

 

 

 

13,205

 

 

13,205

 

Small business

 

 

 

2,904

 

 

2,904

 

Mass Markets

 

 

 

16,109

 

 

16,109

 

 

 

 

 

 

 

 

 

 

 

Strategic services

 

 

 

6,191

 

 

6,191

 

Other

 

 

 

9,097

 

 

9,097

 

Global Enterprise

 

 

 

15,288

 

 

15,288

 

 

 

 

 

 

 

 

 

 

 

Global Wholesale

 

 

 

8,336

 

 

8,336

 

Other

 

 

 

1,443

 

 

1,443

 

Intersegment revenues

 

100

 

 

1,275

 

 

1,375

 

Total operating revenues

 

60,325

 

 

42,451

 

 

102,776

 

 

 

 

 

 

 

 

 

 

 

Cost of services and sales

 

19,348

 

 

22,693

 

 

42,041

 

Selling, general and administrative expense

 

17,309

 

 

9,947

 

 

27,256

 

Depreciation and amortization expense

 

7,030

 

 

8,238

 

 

15,268

 

Total operating expenses

 

43,687

 

 

40,878

 

 

84,565

 

Operating income

$

16,638

 

$

1,573

 

$

18,211

 

 

 

 

 

 

 

 

 

 

 

Assets

$

135,162

 

$

91,778

 

$

226,940

 

Plant, property and equipment, net

 

30,849

 

 

59,373

 

 

90,222

 

Capital expenditures

 

7,152

 

 

8,892

 

 

16,044