Equity and Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2012

Schedule Of Changes In Components Of Total Equity

Changes in the components of Total equity were as follows:

	Nine Months Ended September 30, 2012
(dollars in millions)	Attributable to Verizon			Noncontrolling Interest			Total Equity
Balance at beginning of period	$	35,970		$	49,938		$	85,908
Net income		5,104			7,379			12,483
Other comprehensive income		(12	)		2			(10	)
Comprehensive income		5,092			7,381			12,473
Contributed capital		40			–			40
Dividends declared		(4,315	)		–			(4,315	)
Common stock in treasury		755			–			755
Distributions and other		103			(2,336	)		(2,233	)
Balance at end of period	$	37,645		$	54,983		$	92,628

Schedule Of Components In Accumulated Other Comprehensive Income

The components of Accumulated other comprehensive income were as follows:

(dollars in millions)	At September 30, 2012		At December 31, 2011
Foreign currency translation adjustments	$	736	$	724
Net unrealized gain on cash flow hedges		118		156
Unrealized gain on marketable securities		104		72
Defined benefit pension and postretirement plans		299		317
Accumulated Other Comprehensive Income	$	1,257	$	1,269