Verizon Wireless 2013 Annual Report Download - page 73

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
71
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)
2013
March 31 $ 29,420 $ 6,222 $ 1,952 $ .68 $ .68 $ 4,855
June 30 29,786 6,555 2,246 .78 .78 5,198
September 30 30,279 7,128 2,232 .78 .78 5,578
December 31 31,065 12,063 5,067 1.77 1.76 7,916
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)
• Resultsofoperationsforthesecondquarterof2013includeafter-taxcreditsattributabletoVerizonof$0.1billionrelatedtoapensionremeasurement.
• Resultsofoperationsforthethirdquarterof2013includeimmaterialafter-taxcreditsattributabletoVerizonrelatedtoagainonaspectrumlicensetransaction,aswellasimmaterialafter-tax
costs attributable to Verizon related to the Wireless Transaction.
• Resultsofoperationsforthefourthquarterof2013includeafter-taxcreditsattributabletoVerizonof$3.7billionrelatedtoseverance,pensionandbenetcredits,aswellasafter-taxcosts
attributable to Verizon of $0.5 billion related to the Wireless Transaction.
• 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benetchargesandearlydebtredemption
and other costs.
(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.