XML 35 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income $ 70 $ 57
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 227 221
Bad debts expense 25 20
Stock-based compensation expense 13 10
Deferred income taxes, net 25 26
Equity in earnings of unconsolidated entities (44) (38)
Distributions from unconsolidated entities 19 17
(Gain) loss on asset disposals, net (5) 2
(Gain) loss on sale of business and other exit costs, net (2) 0
(Gain) loss on license sales and exchanges, net (2) (7)
Noncash interest 1 1
Changes in assets and liabilities from operations    
Accounts receivable 28 77
Equipment installment plans receivable (10) (17)
Inventory (15) (8)
Accounts payable 46 (32)
Customer deposits and deferred revenues 5 (28)
Accrued taxes 9 (24)
Accrued interest 11 11
Other assets and liabilities (74) (74)
Net cash provided by operating activities 327 214
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (155) (131)
Cash paid for acquisitions and licenses (1) (9)
Cash received from investments 2 100
Cash paid for investments (1) 0
Cash received from divestitures and exchanges 31 4
Advance payments for license acquisitions 135 0
Net cash used in investing activities (259) (36)
Cash flows from financing activities    
Repayment of long-term debt (5) (5)
TDS Common Shares reissued for benefit plans, net of tax payments (3)  
TDS Common Shares reissued for benefit plans, net of tax payments   9
U.S. Cellular Common Shares reissued for benefit plans, net of tax payments (1)  
U.S. Cellular Common Shares reissued for benefit plans, net of tax payments   2
Dividends paid to TDS shareholders (19) (18)
Distributions to noncontrolling interests (1) 0
Other financing activities 0 (5)
Net cash used in financing activities (29) (17)
Net increase in cash, cash equivalents and restricted cash 39 161
Cash, cash equivalents and restricted cash    
Beginning of period 927 622
End of period $ 966 $ 783