Verizon Americas Inc.

NYSE-ATI

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	460.2	433.2	414.8	382.7	389.8	397.3
Net Income
Depreciation & Amortization	164.1	160	156.3	151.5	151.9	149
Depreciation and Amortization
Share-Based Compensation Expense	29.8	31.5	35.1	34.1	34.2	32.2
Share-Based Compensation
Other Adjustments	-5	2.4	68	17.8	-90.4	-110.9
Deferred Taxes
Gain on Joint Venture Deconsolidation
Debt Extinguishment Charge
Net Gain from Disposal of Property, Plant and Equipment
Net Gain from Sales of Businesses
Non-Cash Restructuring Charges
Non-Cash Joint Venture Impairment Charge
Non-Cash Impairment Charges
Changes in Trade Receivables	28	-53.5	-104.4	-85	-53.4	-18.3
Accounts Receivable
Changes in Inventories	22.4	-74.9	-121.9	-118.5	-92	38.7
Inventories
Changes in Accounts Payable	-27	14.9	86.5	87.6	98.6	53.2
Accounts Payable
Changes in Accrued Expenses	0.1	-70	-76.9	-67.1	-51.6	-68.7
Accrued Liabilities and Other
Changes in Income Taxes Payable	—	—	—	-0.3	—	—
Change in Accrued Income Taxes
Changes in Other Operating Activities	6.3	6	5.5	4.4	58.2	56.6
Pension Plan Contributions
Retirement Benefits
Cash from Operating Activities	679.4	473.9	413.5	407.2	443.5	305.3
Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-235.2	-238.5	-226.6	-239.1	-245.2	-223.4
Purchases of Property, Plant and Equipment
Proceeds from Sale of Property, Plant & Equipment	27.9	21.8	26.6	27.6	11.1	8.1
Asset Disposals and Other
Proceeds from Disposal of Property, Plant and Equipment
Payments for Business Acquisitions	—	—	—	—	—	—
Purchases of Businesses, Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	48	—	—
Proceeds from Sales of Businesses, Net of Transaction Costs
Other Investing Activities	7.7	5.5	6.1	3.9	6.4	5.8
Other
Cash from Investing Activities	-130.4	-161.7	-146.4	-159.6	-228.2	-209.5
Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	—	—	—	—	—	—
Borrowings on Long-Term Debt
Repayments of Long-Term Debt	-31.9	-31.8	-30.5	-29.6	-25.1	-28
Payments on Long-Term Debt and Finance Leases
Net Issuance / (Repayments) of Long-Term Debt	-31.9	-31.8	-30.5	-29.6	-25.1	-28
Issuance of Common Shares	—	—	—	—	—	—
Issuance of Common Stock
Repurchases of Common Shares	-559.2	-449.4	-272.1	-298.5	-321.8	-326.7
Purchase of Treasury Stock
Shares Repurchased for Income Tax Withholding on Share-Based Compensation
Shares Repurchased for Income Tax Withholding on Share-Based Compensation and Other
Net Issuance / (Repurchases) of Common Shares	-559.2	-449.4	-272.1	-298.5	-321.8	-326.7
Common Share Dividends Paid	—	—	—	—	—	—
Dividends Paid to Shareholders
Other Financing Activities	—	—	-2.5	55.2	-14.3	-54.6
Purchase of Convertible Note Capped Call
Debt Issuance Costs
Debt Extinguishment Charge
Receipt of Convertible Note Capped Call
Sale to Noncontrolling Interests
Acquisition of Noncontrolling Interests
Dividends Paid to Noncontrolling Interests
Net Borrowings Under Credit Facilities
Cash from Financing Activities	-606.8	-432.3	-181	-260.4	-222.4	72.3
Cash Provided by Financing Activities