Verizon Wireless

Balance Sheet Data (Partial) and Analysis

(In millions)

Current Year

Analysis

Prior Year

Analysis

Current assets

$ 2,290

$ 669

Current liabilities

2,257

2,172

Current ratio

1.01

0.31

Total liabilities

$ 9,801

$ 9,854

Total assets

5,131

6,200

Debt to assets ratio

1.91

1.59

If Verizon paid off $1 billion

of current liabilities with cash:

Current assets

Current liabilities

Current ratio

Total liabilities

Total assets

Debt to assets ratio