XML 80 R36.htm IDEA: XBRL DOCUMENT v3.4.0.3
Business Segment (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Business Segment Information      
Service $ 1,000 $ 1,073  
Equipment and product sales 243 179  
Total operating revenues 1,243 1,252  
Cost of services (excluding Depreciation, amortization and accretion reported below) 288 294  
Cost of equipment and products 291 272  
Selling, general and administrative 431 438  
Depreciation, amortization and accretion 212 207  
(Gain) loss on asset disposals, net 6 5  
(Gain) loss on sale of business and other exit costs, net   (124)  
(Gain) loss on license sales and exchanges, net   (123)  
Operating income (loss) 15 283  
Equity in earnings of unconsolidated entities 35 35  
Interest and dividend income 14 8  
Interest expense (41) (34)  
Income before income taxes 23 292  
Income tax expense (benefit) 13 116  
Net income 10 176  
Depreciation, amortization and accretion 212 207  
(Gain) loss on asset disposals, net 6 5  
(Gain) loss on sale of business and other exit costs, net   (124)  
(Gain) loss on license sales and exchanges, net   (123)  
Interest expense 41 34  
Income tax expense 13 116  
Adjusted EBITDA [1] 282 291  
Investments in unconsolidated entities 423   $ 402
Total assets [2] 9,383   $ 9,422
Capital expenditures 125 105  
U.S. Cellular      
Business Segment Information      
Service 760 828  
Equipment and product sales 198 137  
Total operating revenues 958 965  
Cost of services (excluding Depreciation, amortization and accretion reported below) 184 191  
Cost of equipment and products 256 238  
Selling, general and administrative 361 369  
Depreciation, amortization and accretion 153 147  
(Gain) loss on asset disposals, net 5 4  
(Gain) loss on sale of business and other exit costs, net   (111)  
(Gain) loss on license sales and exchanges, net   (123)  
Operating income (loss) (1) 250  
Equity in earnings of unconsolidated entities 35 34  
Interest and dividend income 13 8  
Interest expense (28) (20)  
Other, net 1    
Income before income taxes 20 272  
Income tax expense (benefit) [3] 11 107  
Net income 9 165  
Depreciation, amortization and accretion 153 147  
(Gain) loss on asset disposals, net 5 4  
(Gain) loss on sale of business and other exit costs, net   (111)  
(Gain) loss on license sales and exchanges, net   (123)  
Interest expense 28 20  
Income tax expense [3] 11 107  
Adjusted EBITDA [1] 206 209  
Investments in unconsolidated entities 384 305  
Total assets 7,057 6,606  
Capital expenditures 79 66  
TDS Telecom Wireline      
Business Segment Information      
Service 173 176  
Total operating revenues 173 176  
Cost of services (excluding Depreciation, amortization and accretion reported below) 62 62  
Cost of equipment and products 1 1  
Selling, general and administrative 48 46  
Depreciation, amortization and accretion 42 42  
Operating income (loss) 20 25  
Interest and dividend income 1    
Interest expense 1 1  
Other, net   1  
Income before income taxes 22 27  
Depreciation, amortization and accretion 42 42  
Interest expense (1) (1)  
Adjusted EBITDA [1] 63 68  
Investments in unconsolidated entities 4 4  
Total assets 1,291 1,366  
Capital expenditures 27 20  
TDS Telecom Cable      
Business Segment Information      
Service 45 44  
Total operating revenues 45 44  
Cost of services (excluding Depreciation, amortization and accretion reported below) 22 20  
Selling, general and administrative 12 13  
Depreciation, amortization and accretion 9 9  
(Gain) loss on asset disposals, net 1 1  
Operating income (loss) 1 1  
Other, net (1)    
Income before income taxes   1  
Depreciation, amortization and accretion 9 9  
(Gain) loss on asset disposals, net 1 1  
Adjusted EBITDA [1] 10 11  
Total assets 581 566  
Capital expenditures 13 12  
TDS Telecom HMS      
Business Segment Information      
Service 29 28  
Equipment and product sales 35 33  
Total operating revenues 64 61  
Cost of services (excluding Depreciation, amortization and accretion reported below) 21 20  
Cost of equipment and products 29 27  
Selling, general and administrative 11 13  
Depreciation, amortization and accretion 7 6  
Operating income (loss) (4) (5)  
Interest expense (1) (1)  
Income before income taxes (5) (6)  
Depreciation, amortization and accretion 7 6  
Interest expense 1 1  
Adjusted EBITDA [1] 3 1  
Total assets 270 275  
Capital expenditures 2 5  
TDS Telecom Eliminations      
Business Segment Information      
Service (1) (1)  
Total operating revenues (1) (1)  
Cost of services (excluding Depreciation, amortization and accretion reported below) (1)    
Selling, general and administrative   (1)  
TDS Telecom      
Business Segment Information      
Service 246 247  
Equipment and product sales 35 33  
Total operating revenues 281 280  
Cost of services (excluding Depreciation, amortization and accretion reported below) 104 102  
Cost of equipment and products 30 28  
Selling, general and administrative 71 71  
Depreciation, amortization and accretion 58 57  
(Gain) loss on asset disposals, net 1 1  
Operating income (loss) 17 21  
Interest and dividend income 1    
Other, net (1) 1  
Income before income taxes 17 22  
Income tax expense (benefit) [3] 7 9  
Net income 10 13  
Depreciation, amortization and accretion 58 57  
(Gain) loss on asset disposals, net 1 1  
Income tax expense [3] 7 9  
Adjusted EBITDA [1] 76 80  
Investments in unconsolidated entities 4 4  
Total assets 2,142 2,207  
Capital expenditures 42 37  
Corporate, Eliminations and Other      
Business Segment Information      
Service (6) (2)  
Equipment and product sales 10 9  
Total operating revenues 4 7  
Cost of services (excluding Depreciation, amortization and accretion reported below)   1  
Cost of equipment and products 5 6  
Selling, general and administrative (1) (2)  
Depreciation, amortization and accretion 1 3  
(Gain) loss on sale of business and other exit costs, net   (13)  
Operating income (loss) (1) 12  
Equity in earnings of unconsolidated entities   1  
Interest expense (13) (14)  
Other, net   (1)  
Income before income taxes (14) (2)  
Income tax expense (benefit) [3] (5)    
Net income (9) (2)  
Depreciation, amortization and accretion 1 3  
(Gain) loss on sale of business and other exit costs, net   (13)  
Interest expense 13 14  
Income tax expense [3] (5)    
Adjusted EBITDA [1]   2  
Investments in unconsolidated entities 35 34  
Total assets 184 183  
Capital expenditures $ 4 $ 2  
[1] Adjusted earnings before interest, taxes, depreciation, amortization and accretion (“Adjusted EBITDA”) is a segment measure reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segments and assessing their performance. Adjusted EBITDA is defined as net income, adjusted for the items set forth in the reconciliation above. Adjusted EBITDA excludes these items in order to show operating results on a more comparable basis from period to period. From time to time, TDS may also exclude other items from Adjusted EBITDA if such items help reflect operating results on a more comparable basis. TDS does not intend to imply that any of such items that are excluded are non-recurring, infrequent or unusual; such items may occur in the future. TDS believes Adjusted EBITDA is a useful measure of TDS’ operating results before significant recurring non-cash charges, discrete gains and losses, and other items as indicated above.
[2] The consolidated total assets as of March 31, 2016 and December 31, 2015 include certain assets held by consolidated VIEs of $804 million and $658 million, respectively, which are not available to be used to settle the obligations of TDS. The consolidated total liabilities as of March 31, 2016 and December 31, 2015 include certain liabilities of consolidated VIEs of $16 million and $1 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of TDS. See Note 8 — Variable Interest Entities for additional information.
[3] Income tax expense (benefit) is not provided at the individual segment level for Wireline, Cable and HMS. TDS calculates income tax expense for "TDS Telecom Total".