Verizon Wireless 2008 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2008 Verizon Wireless annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 76

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76

Notes to Consolidated Financial Statements continued
67
The following table provides operating financial information for our two reportable segments:
(dollars in millions)
2008 Domestic Wireless Wireline Total Segments
External revenues $ 49,226 $ 46,978 $ 96,204
Intersegment revenues 106 1,236 1,342
Total operating revenues 49,332 48,214 97,546
Cost of services and sales 15,660 24,274 39,934
Selling, general & administrative expense 14,273 11,047 25,320
Depreciation & amortization expense 5,405 9,031 14,436
Total operating expenses 35,338 44,352 79,690
Operating income $ 13,994 $ 3,862 $ 17,856
Assets $ 111,979 $ 90,386 $ 202,365
Plant, property and equipment, net 27,136 58,287 85,423
Capital expenditures 6,510 9,797 16,307
2007
External revenues $ 43,777 $ 47,889 $ 91,666
Intersegment revenues 105 1,240 1,345
Total operating revenues 43,882 49,129 93,011
Cost of services and sales 13,456 24,181 37,637
Selling, general & administrative expense 13,477 11,527 25,004
Depreciation & amortization expense 5,154 8,927 14,081
Total operating expenses 32,087 44,635 76,722
Operating income $ 11,795 $ 4,494 $ 16,289
Assets $ 83,755 $ 92,264 $ 176,019
Plant, property and equipment, net 25,971 58,702 84,673
Capital expenditures 6,503 10,956 17,459
2006
External revenues $ 37,930 $ 48,352 $ 86,282
Intersegment revenues 113 1,152 1,265
Total operating revenues 38,043 49,504 87,547
Cost of services and sales 11,491 23,806 35,297
Selling, general & administrative expense 12,039 11,998 24,037
Depreciation & amortization expense 4,913 9,309 14,222
Total operating expenses 28,443 45,113 73,556
Operating income $ 9,600 $ 4,391 $ 13,991
Assets $ 81,989 $ 92,274 $ 174,263
Plant, property and equipment, net 24,659 57,031 81,690
Capital expenditures 6,618 10,259 16,877