{
 "markdown": "Verizon Communications Inc.\n\n\nConsolidated - Selected Financial and Operating Statistics\n\n\n(dollars in millions, except per share amounts)\n\n\n<table>\n<tr><td>Unaudited</td><td>12/31/24</td><td>3/31/25</td><td>6/30/25</td><td>9/30/25</td><td>12/31/25</td><td>3/31/26</td></tr>\n<tr><td>Total debt</td><td>$ 144,014</td><td>$ 143,649</td><td>$ 145,996</td><td>$ 146,775</td><td>$ 158,150</td><td>$ 172,460</td></tr>\n<tr><td>Unsecured debt</td><td>$ 117,876</td><td>$ 117,313</td><td>$ 119,396</td><td>$ 119,714</td><td>$ 131,083</td><td>$ 142,498</td></tr>\n<tr><td>Net unsecured debt&lt;sup&gt;(1)&lt;/sup&gt;</td><td>$ 113,682</td><td>$ 115,056</td><td>$ 115,961</td><td>$ 112,008</td><td>$ 110,053</td><td>$ 130,053</td></tr>\n<tr><td>Unsecured debt / Consolidated Net Income (LTM)</td><td></td><td>6.4x</td><td>6.4x</td><td>5.9x</td><td>7.4x</td><td>8.0x</td></tr>\n<tr><td>Net unsecured debt / Consolidated Adjusted EBITDA&lt;sup&gt;(1)(2)&lt;/sup&gt;</td><td></td><td>2.3x</td><td>2.3x</td><td>2.2x</td><td>2.2x</td><td>2.6x</td></tr>\n<tr><td>Common shares outstanding, end of period (in millions)</td><td>4,210</td><td>4,216</td><td>4,216</td><td>4,216</td><td>4,217</td><td>4,176</td></tr>\n<tr><td>Total employees (\u2018000)&lt;sup&gt;(3)&lt;/sup&gt;</td><td>99.6</td><td>99.4</td><td>100.0</td><td>100.2</td><td>89.9</td><td>99.6</td></tr>\n<tr><td>Quarterly cash dividends declared per common share</td><td>$ 0.6775</td><td>$ 0.6775</td><td>$ 0.6775</td><td>$ 0.6900</td><td>$ 0.6900</td><td>$ 0.7075</td></tr>\n</table>\n\n**Footnotes:**\n (1) Non-GAAP financial measure.\n (2) Consolidated Adjusted EBITDA excludes the effects of non-operational items and special items.\n (3) Number of employees on a full-time equivalent basis.\n\n\n5\n\n<!-- doc_id=parse-01m0ffmy778k35ba4gjzh21g5c -->",
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