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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings per share

The amounts used in computing earnings per common share and the effects of potentially dilutive securities on the weighted average number of common shares were as follows:

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2018

 

2017

 

2018

 

2017

(Dollars and shares in millions, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share available to TDS common

 

 

 

 

 

 

 

 

 

 

 

 

 

shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to TDS common shareholders

    used in basic earnings per share

$

33 

 

$

10 

 

$

72 

 

$

47 

Adjustments to compute diluted earnings:

 

 

 

 

 

 

 

 

 

 

 

 

Noncontrolling interest adjustment

 

(1)

 

 

 

 

 

(1)

 

 

 

 

Net income available to TDS common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

used in diluted earnings per share

$

32 

 

$

10 

 

$

71 

 

$

47 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares used in basic

 

 

 

 

 

 

 

 

 

 

 

 

earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Shares

 

105 

 

 

104 

 

 

105 

 

 

103 

 

 

Series A Common Shares

 

7 

 

 

7 

 

 

7 

 

 

7 

 

 

 

Total

 

112 

 

 

111 

 

 

112 

 

 

110 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effects of dilutive securities

 

1 

 

 

1 

 

 

1 

 

 

2 

Weighted average number of shares used in diluted

 

 

 

 

 

 

 

 

 

 

 

 

earnings per share

 

113 

 

 

112 

 

 

113 

 

 

112 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share available to TDS common

 

 

 

 

 

 

 

 

 

 

 

 

shareholders

$

0.30 

 

$

0.09 

 

$

0.65 

 

$

0.43 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share available to TDS common

 

 

 

 

 

 

 

 

 

 

 

 

shareholders

$

0.29 

 

$

0.09 

 

$

0.63 

 

$

0.42