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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating revenues      
Total operating revenues $ 5,225 $ 5,176 $ 5,109
Operating expenses      
Selling, general and administrative 1,681 1,717 1,694
Depreciation, amortization and accretion 909 932 883
(Gain) loss on asset disposals, net 27 12 9
(Gain) loss on sale of business and other exit costs, net 0 (1) 0
(Gain) loss on license sales and exchanges, net (5) 0 (18)
Total operating expenses 4,966 4,997 4,904
Operating income 259 179 205
Investment and other income (expense)      
Equity in earnings of unconsolidated entities 181 168 160
Interest and dividend income 15 29 26
Gain (loss) on investments 2 0 0
Interest expense (168) (165) (172)
Other, net (1) 0 2
Total investment and other income 29 32 16
Income before income taxes 288 211 221
Income tax expense 19 64 46
Net income 269 147 175
Less: Net income attributable to noncontrolling interests, net of tax 43 26 40
Net income attributable to TDS shareholders $ 226 $ 121 $ 135
Basic weighted average shares outstanding (in shares) 114 114 112
Basic earnings per share attributable to TDS shareholders (in dollars per share) $ 1.97 $ 1.06 $ 1.20
Diluted weighted average shares outstanding (in shares) 115 116 114
Diluted earnings per share attributable to TDS shareholders (in dollars per share) $ 1.93 $ 1.03 $ 1.17
Service      
Operating revenues      
Total operating revenues $ 4,136 $ 4,059 $ 3,999
Operating expenses      
Cost of goods and services sold 1,244 1,202 1,206
Equipment and product sales      
Operating revenues      
Total operating revenues 1,089 1,117 1,110
Operating expenses      
Cost of goods and services sold $ 1,110 $ 1,135 $ 1,130