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Consolidated Statement of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenues        
Total operating revenues $ 1,297 [1] $ 1,251 $ 3,777 [1] $ 3,736
Operating expenses        
Selling, general and administrative 421 [1] 423 1,232 [1] 1,249
Depreciation, amortization and accretion 220 209 662 632
Loss on impairment of goodwill 0 262 [2] 0 262 [2]
(Gain) loss on asset disposals, net 0 6 3 16
(Gain) loss on sale of business and other exit costs, net 0 (1) 0 (1)
(Gain) loss on license sales and exchanges, net 0 0 (18) [1] (19)
Total operating expenses 1,246 1,484 3,585 3,861
Operating income (loss) 51 [1] (233) [3] 192 [1] (125) [3]
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 42 35 121 101
Interest and dividend income 6 4 18 12
Interest expense (43) (43) (129) (128)
Other, net 2 1 [3] 1 3 [3]
Total investment and other income (expense) 7 (3) 11 (12)
Income (loss) before income taxes 58 [1] (236) 203 [1] (137)
Income tax expense (benefit) 5 [1] (5) 48 [1] 39
Net income (loss) 53 [1] (231) 155 [1] (176)
Less: Net income (loss) attributable to noncontrolling interests, net of tax 7 (50) 36 (42)
Net income (loss) attributable to TDS shareholders 46 (181) 119 (134)
TDS Preferred dividend requirement 0 0 0 0
Net income (loss) available to TDS common shareholders $ 46 $ (181) $ 119 $ (134)
Basic weighted average shares outstanding (in shares) 112 111 112 111
Basic earnings (loss) per share available to TDS common shareholders (in dollars per share) $ 0.41 $ (1.64) $ 1.06 $ (1.21)
Diluted weighted average shares outstanding (in shares) 114 111 113 111
Diluted earnings (loss) per share available to TDS common shareholders (in dollars per share) $ 0.41 $ (1.64) $ 1.04 $ (1.21)
Dividends per share to TDS shareholders (USD per share) $ 0.16 $ 0.155 $ 0.48 $ 0.465
Service        
Operating revenues        
Total operating revenues $ 1,017 [1] $ 988 $ 2,988 [1] $ 2,976
Operating expenses        
Cost of goods and services 314 294 902 874
Equipment and product sales        
Operating revenues        
Total operating revenues 280 [1] 263 789 [1] 760
Operating expenses        
Cost of goods and services $ 291 [1] $ 291 $ 804 [1] $ 848
[1] As of January 1, 2018, TDS adopted ASU 2014-09 using a modified retrospective approach. Under this method, the new accounting standard is applied only to the most recent period presented. As a result, 2018 amounts include the impacts of ASU 2014-09, but 2017 amounts remain as previously reported, except as specifically stated. See Note 2 — Revenue Recognition for additional information.
[2] During the three months ended September 30, 2017, U.S. Cellular recorded a goodwill impairment of $370 million while TDS recorded a goodwill impairment of the U.S. Cellular reporting unit of $227 million. Prior to 2009, TDS accounted for U.S. Cellular's share repurchases as step acquisitions, allocating a portion of the share repurchase value to TDS' Goodwill. Further, goodwill of the U.S. Cellular reporting unit was impaired at the TDS level in 2003 but not at U.S. Cellular. Consequently, U.S. Cellular's goodwill on a stand-alone basis and any resulting impairments of goodwill does not equal the TDS consolidated goodwill related to U.S. Cellular. The TDS adjustment of $143 million is included in "Corporate, Eliminations and Other." During the three months ended September 30, 2017, TDS also recorded a goodwill impairment of $35 million related to its HMS operations included in "Corporate, Eliminations and Other."
[3] ASU 2017-07, regarding net periodic pension cost and net periodic postretirement benefit cost was adopted as of January 1, 2018, and applied retrospectively. All prior year numbers have been recast to conform to this standard.