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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating revenues      
Total operating revenues $ 5,329 $ 5,225 $ 5,176
Operating expenses      
Selling, general and administrative 1,677 1,681 1,717
Depreciation, amortization and accretion 895 909 932
(Gain) loss on asset disposals, net 26 27 12
(Gain) loss on sale of business and other exit costs, net (2) 0 (1)
(Gain) loss on license sales and exchanges, net 0 (5) 0
Total operating expenses 5,068 4,966 4,997
Operating income 261 259 179
Investment and other income (expense)      
Equity in earnings of unconsolidated entities 182 181 168
Interest and dividend income 11 15 29
Gain (loss) on investments 0 2 0
Interest expense (232) (168) (165)
Other, net (1) (1) 0
Total investment and other income (expense) (40) 29 32
Income before income taxes 221 288 211
Income tax expense 33 19 64
Net income 188 269 147
Less: Net income attributable to noncontrolling interests, net of tax 32 43 26
Net income attributable to TDS shareholders 156 226 121
TDS Preferred Share dividends 39 0 0
Net income attributable to TDS common shareholders $ 117 $ 226 $ 121
Basic weighted average shares outstanding (in shares) 115 114 114
Basic earnings per share attributable to TDS common shareholders $ 1.03 $ 1.97 $ 1.06
Diluted weighted average shares outstanding (in shares) 116 115 116
Diluted earnings per share attributable to TDS common shareholders $ 1.00 $ 1.93 $ 1.03
Service      
Operating revenues      
Total operating revenues $ 4,216 $ 4,136 $ 4,059
Operating expenses      
Cost of goods and services sold 1,267 1,244 1,202
Equipment and product sales      
Operating revenues      
Total operating revenues 1,113 1,089 1,117
Operating expenses      
Cost of goods and services sold $ 1,205 $ 1,110 $ 1,135