XML 58 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues      
Service $ 3,979 $ 4,050 $ 4,356
Equipment and product sales 1,065 1,105 854
Total operating revenues 5,044 5,155 5,210
Operating expenses      
Cost of services (excluding Depreciation, amortization and accretion reported below) 1,164 1,189 1,191
Cost of equipment and products 1,195 1,240 1,224
Selling, general and administrative 1,686 1,759 1,781
Depreciation, amortization and accretion 844 850 844
Loss on impairment of goodwill 262 0 0
(Gain) loss on asset disposals, net 21 27 22
(Gain) loss on sale of business and other exit costs, net (1) (1) (136)
(Gain) loss on license sales and exchanges, net (22) (20) (147)
Total operating expenses 5,149 5,044 4,779
Operating income (loss) (105) 111 431
Investment and other income (expense)      
Equity in earnings of unconsolidated entities 137 140 140
Interest and dividend income 15 11 5
Interest expense (170) (170) (142)
Other, net 1   1
Total investment and other income (expense) (17) (19) 4
Income (loss) before income taxes (122) 92 435
Income tax expense (benefit) (279) 40 172
Net income 157 52 263
Less: Net income attributable to noncontrolling interests, net of tax 4 9 44
Net income attributable to TDS shareholders 153 43 219
Net income available to TDS common shareholders $ 153 $ 43 $ 219
Basic weighted average shares outstanding 111 110 109
Basic earnings per share available to TDS common shareholders $ 1.39 $ 0.39 $ 2.02
Diluted weighted average shares outstanding 112 111 110
Diluted earnings per share available to TDS common shareholders $ 1.37 $ 0.39 $ 1.98
Dividends per share to TDS shareholders $ 0.62 $ 0.59 $ 0.56