VERIZON COMMUNICATIONS INC | 2013 | FY | 3


Changes to debt during 2013 are as follows:

 

     (dollars in millions)  
      Debt Maturing
within One Year
    Long-term
Debt
    Total  

Balance at January 1, 2013

   $ 4,369     $ 47,618     $ 51,987  

Proceeds from long-term borrowings

     –       49,166       49,166  

Repayments of long-term borrowings and capital leases obligations

     (3,943 )      (4,220 )      (8,163 ) 

Decrease in short-term obligations, excluding current maturities

     (142 )      –       (142 ) 

Reclassifications of long-term debt

     3,328       (3,328 )      –  

Other

     321       422       743  
  

 

 

 

Balance at December 31, 2013

   $ 3,933     $ 89,658     $   93,591  
  

 

 

 

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