XML 41 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenues        
Service $ 993 $ 992 $ 1,970 $ 1,989
Equipment and product sales 262 255 510 496
Total operating revenues 1,255 1,247 2,480 2,485
Operating expenses        
Cost of services (excluding Depreciation, amortization and accretion reported below) 300 298 587 580
Cost of equipment and products 266 287 512 557
Selling, general and administrative 417 420 813 826
Depreciation, amortization and accretion 220 211 441 422
(Gain) loss on asset disposals, net 2 6 3 10
(Gain) loss on license sales and exchanges, net (11) (2) (17) (19)
Total operating expenses 1,194 1,220 2,339 2,376
Operating income 61 27 141 109
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 40 33 78 65
Interest and dividend income 6 4 11 8
Interest expense (43) (43) (86) (85)
Other, net 1 1 2 2
Total investment and other income (expense) 4 (5) 5 (10)
Income before income taxes 65 22 146 99
Income tax expense 21 10 45 44
Net income 44 12 101 55
Less: Net income attributable to noncontrolling interests, net of tax 11 2 29 8
Net income attributable to TDS shareholders 33 10 72 47
TDS Preferred dividend requirement 0 0 0  
Net income available to TDS shareholders $ 33 $ 10 $ 72 $ 47
Basic weighted average shares outstanding 112 111 112 110
Basic earnings per share available to TDS common shareholders $ 0.30 $ 0.09 $ 0.65 $ 0.43
Diluted weighted average shares outstanding 113 112 113 112
Diluted earnings per share available to TDS common shareholders $ 0.29 $ 0.09 $ 0.63 $ 0.42
Dividends per share to TDS shareholders $ 0.160 $ 0.155 $ 0.320 $ 0.310