Verizon Wireless 2012 Annual Report Download - page 85

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
83
NOTE 17
QUARTERLY FINANCIAL INFORMATION UNAUDITED
(dollars in millions, except per share amounts)
Net Income (Loss) attributable to Verizon(1)
Quarter Ended
Operating
Revenues
Operating
Income (Loss) Amount
Per Share-
Basic
Per Share-
Diluted
Net Income
(Loss)
2012
March 31 $ 28,242 $ 5,195 $ 1,686 $ .59 $ .59 $ 3,906
June 30 28,552 5,651 1,825 .64 .64 4,285
September 30 29,007 5,483 1,593 .56 .56 4,292
December 31 30,045 (3,169) (4,229) (1.48) (1.48) (1,926)
2011
March 31 $ 26,990 $ 4,453 $ 1,439 $ .51 $ .51 $ 3,264
June 30 27,536 4,892 1,609 .57 .57 3,604
September 30 27,913 4,647 1,379 .49 .49 3,542
December 31 28,436 (1,112) (2,023) (.71) (.71) (212)
• Resultsofoperationsforthethirdquarterof2012includeafter-taxchargesattributabletoVerizonof$0.2billionrelatedtolegalsettlements.
• Resultsofoperationsforthefourthquarterof2012includeafter-taxchargesattributabletoVerizonof$5.3billionrelatedtoseverance,pensionandbenefitchargesandearlydebt
redemption and other costs.
• Resultsofoperationsforthethirdquarterof2011includeafter-taxchargesattributabletoVerizonof$0.2billionrelatedtoseverance,pensionandbenefitcharges.
• Resultsofoperationsforthefourthquarterof2011includeafter-taxchargesattributabletoVerizonof$3.5billionrelatedtoseverance,pensionandbenefitchargesandcostsrelatedtothe
early redemption of debt.
(1) Net income (loss) attributable to Verizon per common share is computed independently for each quarter and the sum of the quarters may not equal the annual amount.