Financial Highlights

 

$106.6
$110.9
$115.8
10
11
12

CONSOLIDATED
REVENUES

(BILLIONS)

$33.4
$29.8
$31.5
10
11
12

CASH FLOW
FROM OPERATING
ACTIVITIES

(BILLIONS)

$0.90
$0.85
$0.31
10
11
12

REPORTED DILUTED
EARNINGS PER SHARE

$2.20
$2.15
$2.24
10
11
12

ADJUSTED DILUTED
EARNINGS PER SHARE

(NON-GAAP)

$1.925
$1.975
$2.030
10
11
12

DIVIDENDS DECLARED
PER SHARE



Corporate Highlights

  • $15.3 billion in free cash flow (non-GAAP)

  • 4.5% growth in operating revenues

  • 13.2% total shareholder return

  • 3.0% annual dividend increase

  • 5.9 million wireless retail connection net additions

  • 0.91% wireless retail postpaid churn

  • 8.4% growth in wireless retail service revenue

  • 607,000 FiOS Internet subscriber net additions

  • 553,000 FiOS Video subscriber net additions

  • 17.2% growth in FiOS revenue

  • 6.3% growth in Enterprise Strategic Services revenue

Note: Prior-period amounts have been reclassified to reflect comparable results.

See www.verizon.com/investor for reconciliations to U.S. generally accepted accounting principles (GAAP) for the non-GAAP financial measures included in this annual report.