Business Segment (Tables)

3 Months Ended

Mar. 31, 2014

						TDS Telecom

Three Months Ended or as of March 31, 2014			U.S. Cellular		Wireline		Cable		HMS		TDS Telecom Eliminations		TDS Telecom Total		Non-Reportable Segment		Corporate, Eliminations and Other Reconciling Items		Total
(Dollars in thousands)
Operating revenues
	Service		$	853,613	$	176,933	$	22,503	$	27,376	$	(681)	$	226,131	$	4,513	$	(4,015)	$	1,080,242
	Equipment and product sales			72,198		553		-		35,732		-		36,285		7,237		-		115,720
		Total operating revenues		925,811		177,486		22,503		63,108		(681)		262,416		11,750		(4,015)		1,195,962
Cost of services (excluding Depreciation, amortization and accretion reported below)				180,607		64,400		10,955		16,946		(645)		91,656		4,250		(555)		275,958
Cost of equipment and products				270,474		483		-		30,467		-		30,950		5,223		-		306,647
Selling, general and administrative				395,564		46,520		6,378		14,835		(36)		67,697		3,746		(3,338)		463,669
Depreciation, amortization and accretion				167,753		42,736		4,361		6,678		-		53,775		1,802		1,589		224,919
(Gain) loss on asset disposals, net				1,934		245		65		34		-		344		143		9		2,430
(Gain) loss on sale of business and other exit costs, net				(6,900)		-		-		-		-		-		-		-		(6,900)
(Gain) loss on license sales and exchanges				(91,446)		-		-		-		-		-		-		-		(91,446)
Operating income				7,825		23,102		744		(5,852)		-		17,994		(3,414)		(1,720)		20,685
Equity in earnings of unconsolidated entities				37,075		-		-		-		-		-		-		252		37,327
Interest and dividend income				884		685		1		20		-		706		-		896		2,486
Interest expense				(14,862)		664		5		(421)		-		248		(1,069)		(13,024)		(28,707)
Other, net				86		(54)		-		134		-		80		(5)		(1)		160
Income before income taxes				31,008		24,397		750		(6,119)		-		19,028		(4,488)		(13,597)		31,951
Add back:
Depreciation, amortization and accretion				167,753		42,736		4,361		6,678		-		53,775		1,802		1,589		224,919
(Gain) loss on sale of business and other exit costs, net				(6,900)		-		-		-		-		-		-		-		(6,900)
(Gain) loss on license sales and exchanges				(91,446)		-		-		-		-		-		-		-		(91,446)
Interest expense				14,862		(664)		(5)		421		-		(248)		1,069		13,024		28,707
Adjusted income before income taxes			$	115,277	$	66,469	$	5,106	$	980	$	-	$	72,555	$	(1,617)	$	1,016	$	187,231

Investments in unconsolidated entities			$	289,842	$	3,807	$	-	$	-	$	-	$	3,807	$	-	$	32,630	$	326,279
Total assets			$	6,338,334	$	1,426,408	$	280,891	$	313,521	$	-	$	2,020,820	$	54,796	$	335,353	$	8,749,303
Capital expenditures			$	89,581	$	22,898	$	6,219	$	2,751	$	-	$	31,868	$	95	$	1,054	$	122,598

						TDS Telecom

Three Months Ended or as of March 31, 2013			U.S. Cellular		Wireline		HMS		TDS Telecom Eliminations		TDS Telecom Total		Non-Reportable Segment		Corporate, Eliminations and Other Reconciling Items		Total
(Dollars in thousands)
Operating revenues
	Service		$	996,349	$	180,678	$	22,000	$	(78)	$	202,600	$	4,633	$	(4,680)	$	1,198,902
	Equipment and product sales			85,397		897		13,564		-		14,461		9,813		-		109,671
		Total operating revenues		1,081,746		181,575		35,564		(78)		217,061		14,446		(4,680)		1,308,573
Cost of services (excluding Depreciation, amortization and accretion reported below)				216,299		66,439		13,602		(78)		79,963		3,221		(356)		299,127
Cost of equipment and products				241,691		1,010		11,212		-		12,222		6,852		-		260,765
Selling, general and administrative				420,080		57,380		9,921		-		67,301		3,761		(4,239)		486,903
Depreciation, amortization and accretion				189,845		44,023		5,468		-		49,491		1,509		1,232		242,077
(Gain) loss on asset disposals, net				5,434		163		30		-		193		1		(12)		5,616
(Gain) loss on sale of business and other exit costs, net				6,931		-		-		-		-		-		-		6,931
Operating income				1,466		12,560		(4,669)		-		7,891		(898)		(1,305)		7,154
Equity in earnings of unconsolidated entities				26,835		7		-		-		7		-		247		27,089
Interest and dividend income				903		386		16		-		402		1		272		1,578
Interest expense				(10,910)		831		(405)		-		426		(982)		(13,032)		(24,498)
Other, net				(215)		(52)		(122)		-		(174)		237		(2)		(154)
Income before income taxes				18,079		13,732		(5,180)		-		8,552		(1,642)		(13,820)		11,169
Add back:
Depreciation, amortization and accretion				189,845		44,023		5,468		-		49,491		1,509		1,232		242,077
(Gain) loss on sale of business and other exit costs, net				6,931		-		-		-		-		-		-		6,931
Interest expense				10,910		(831)		405		-		(426)		982		13,032		24,498
Adjusted income before income taxes			$	225,765	$	56,924	$	693	$	-	$	57,617	$	849	$	444	$	284,675

Investments in unconsolidated entities			$	165,529	$	3,814	$	-	$	-	$	3,814	$	-	$	31,828	$	201,171
Total assets			$	6,523,635	$	1,484,891	$	264,586	$	-	$	1,749,477	$	61,178	$	167,533	$	8,501,823
Capital expenditures			$	118,410	$	27,866	$	2,591	$	-	$	30,457	$	285	$	984	$	150,136

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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