ANNUAL REPORT 2019 - Verizon

ANNUALREPORT 2019 s 2 Financial and operational highlights as of December 31, 2019 Verizon strategically reorganized the business effective April 1, 2019. Under its new reporting structure, Verizon , there are two reportable segments that the company operates and manages as strategic business units: Consumer and Business. Verizon previously operated and managed the business under its historical Wireless and wireline segments. For comparison purposes, highlights for both the current and previous operating structures are represented here. 2019 highlights $ adjusted earnings per share (non-GAAP) $ billion in cash dividend payments 13th consecutive year of ANNUAL dividend increases $ billion in cash flow from operations $ billion in consolidated revenue $ billion inconsumer revenues $ billion in business revenues $ billion in historical wireless revenues (non-GAAP) $ billion in historical wirel

and Wireline segments. For comparison purposes, highlights for both the current and previous operating structures are represented here. 2019 highlights $4.81 adjusted earnings per share (non-GAAP) $10.0 billion in cash dividend payments . 13th consecutive year of annual dividend increases . $35.7 billion in cash flow from operations . $131.9

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  Annual, Report, Annual report, Wireline, Verizon

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