Notes to Consolidated Financial Statements continued The following table provides operating financial information for our two reportable segments: (dollars in millions) 2017 Wireless Wireline Total Reportable Segments External Operating Revenues Service $ 62,972 $ $ 62,972 Equipment 18,889 18,889 Other 5,270 5,270 Consumer Markets 12,775 12,775 Enterprise Solutions 9,165 9,165 Partner Solutions 3,969 3,969 Business Markets 3,585 3,585 Other 234 234 Intersegment revenues 380 952 1,332 Total operating revenues 87,511 30,680 118,191 Cost of services 7,990 17,922 25,912 Wireless cost of equipment 22,147 22,147 Selling, general and administrative expense 18,772 6,274 25,046 Depreciation and amortization expense 9,395 6,104 15,499 Total operating expenses 58,304 30,300 88,604 Operating income $ 29,207 $ 380 $ 29,587 Assets $ 235,873 $ 75,282 $311,155 Property, plant and equipment, net 43,935 41,351 85,286 Capital expenditures 10,310 5,339 15,649 (dollars in millions) 2016 Wireless Wireline Total Reportable Segments External Operating Revenues Service $ 66,362 $ $ 66,362 Equipment 17,511 17,511 Other 4,915 4,915 Consumer Markets 12,751 12,751 Enterprise Solutions 9,162 9,162 Partner Solutions 3,976 3,976 Business Markets 3,356 3,356 Other 314 314 Intersegment revenues 398 951 1,349 Total operating revenues 89,186 30,510 119,696 Cost of services 7,988 18,353 26,341 Wireless cost of equipment 22,238 22,238 Selling, general and administrative expense 19,924 6,476 26,400 Depreciation and amortization expense 9,183 5,975 15,158 Total operating expenses 59,333 30,804 90,137 Operating income (loss) $ 29,853 $ (294) $ 29,559 Assets $ 211,345 $ 66,679 $278,024 Property, plant and equipment, net 42,898 40,205 83,103 Capital expenditures 11,240 4,504 15,744 2017 Annual Report | Verizon Communications Inc. and Subsidiaries 93
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