Defined Benefit Pension Plan Liabilities (Non-Current)
Verizon Communications Defined Benefit Pension Plan Liabilities (Non-Current) increased by 8.3% to $12.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $11.79B to $12.02B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -9.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.71B | $16.52B | $15.41B | $15.10B | $15.13B | $15.91B | $12.97B | $12.75B | $12.36B | $12.23B | $13.19B | $12.81B | $12.81B | $12.74B | $12.00B | $11.79B | $11.17B | $11.07B | $11.10B | $12.02B |
| QoQ Change | — | -1.2% | -6.7% | -2.0% | +0.1% | +5.2% | -18.5% | -1.7% | -3.1% | -1.1% | +7.9% | -2.9% | +0.1% | -0.5% | -5.9% | -1.7% | -5.3% | -0.9% | +0.2% | +8.3% |
| YoY Change | — | — | — | — | -9.5% | -3.7% | -15.8% | -15.6% | -18.3% | -23.2% | +1.7% | +0.4% | +3.7% | +4.2% | -9.0% | -7.9% | -12.8% | -13.1% | -7.5% | +2.0% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Verizon Communications's defined benefit pension plan liabilities (non-current)?
- Verizon Communications (VZ) reported defined benefit pension plan liabilities (non-current) of $12.02B in Q1 2026.
- How has Verizon Communications's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Verizon Communications's defined benefit pension plan liabilities (non-current) increased by 2.0% year-over-year, from $11.79B to $12.02B.
- What is the long-term trend for Verizon Communications's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Verizon Communications's defined benefit pension plan liabilities (non-current) has grown at a -9.9% compound annual growth rate (CAGR), from $18.66B to $11.10B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.