XML 21 R9.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Fair Value Measurements | 9 Months Ended
--- | ---
Sep. 30, 2014
Disclosure Text Block |
Fair Value Measurements | 2. Fair Value Measurements With the exception of HMS Goodwill as of September 30, 2014 (as discussed in footnote (1) to the below table), TDS did not have any financial or nonfinancial assets or liabilities that were required to be recorded at fair value in its Consolidated Balance Sheet in accordance with GAAP a s of September 30, 2014 and December 31, 2013. TDS has applied the provisions of fair value accounting for purposes of computing the fair value of financial instruments for disclosure purposes as displayed below.
|  |  | Level within the Fair Value Hierarchy |  | September 30, 2014 |  |  |  | December 31, 2013
|  |  |  | Book Value |  | Fair Value |  | Total Gains (Losses) |  | Book Value |  | Fair Value
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | 1 |  | $ | 573,067 |  | $ | 573,067 |  |  |  | $ | 830,014 |  | $ | 830,014
Short-term investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| U.S. Treasury Notes | 1 |  |  | 40,014 |  |  | 40,014 |  |  |  |  | 50,104 |  |  | 50,104
Long-term debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Retail | 1 |  |  | 1,178,250 |  |  | 1,160,925 |  |  |  |  | 1,178,250 |  |  | 1,048,010
| Institutional and other | 2 |  |  | 537,568 |  |  | 539,805 |  |  |  |  | 537,454 |  |  | 512,635
HMS Goodwill (1) | 3 |  |  | 34,830 |  |  | 34,830 |  | (84,000) |  |  | - |  |  | -
(1) | Goodwill with a carrying amount of $118.8 million was written down to its implied fair value of $34.8 million, resulting in an impairment charge of $84.0 million, which was recorded in Loss on impairment of assets in the Consolidated Statement of Operations in the third quarter of 2014. See Note 6 — Intangible Assets for additional information.
Short-term investments are designated as held-to-maturity investments and recorded at amortized cost in the Consolidated Balance Sheet. Long-term debt excludes capital lease obligations and the current portion of Long-term debt. The fair values of Cash and cash equivalents and Short-term investments approximate their book values due to the short-term nature of these financial instruments. The fair value of “Retail” L ong-term debt was estim ated using market prices for TDS' 7.0% S enior N otes, 6.875% S enior N otes, 6.625% S enior N otes and 5.875% Senior Notes, and U.S. Cellular's 6.9 5% S enior N otes. TDS' institutional debt includes U.S. Cellular's 6.7% Senior Notes which are traded over the counter. TDS estimated the fair value of its institutional and other debt through a discounted cash flow analysis using the interest rates or estimated yield to maturity for each borrowing, which ranged from 0.00% to 6.85% at September 30, 2014.

X
- Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementInputsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration