VERIZON COMMUNICATIONS INC | 2013 | FY | 3


A reconciliation of the beginning and ending balance of unrecognized tax benefits is as follows:

 

           (dollars in millions)  
      2013     2012     2011  

Balance at January 1,

   $   2,943     $ 3,078     $ 3,242  

Additions based on tax positions related to the current year

     116       131       111  

Additions for tax positions of prior years

     250       92       456  

Reductions for tax positions of prior years

     (801     (415     (644

Settlements

     (210     100       (56

Lapses of statutes of limitations

     (168     (43     (31
  

 

 

 

Balance at December 31,

   $ 2,130     $ 2,943     $ 3,078  
  

 

 

 

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