XML 71 R39.htm IDEA: XBRL DOCUMENT v3.22.4
Investments in Unconsolidated Entities (Tables)
12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Entities TDS' Investments in unconsolidated entities are accounted for using the equity method, measurement alternative method or net asset value practical expedient method as shown in the table below. The carrying value of measurement alternative method investments represents cost minus any impairments plus or minus any observable price changes.
December 31,20222021
(Dollars in millions)  
Equity method investments:  
Capital contributions, loans, advances and adjustments$115 $115 
Cumulative share of income2,615 2,460 
Cumulative share of distributions(2,262)(2,118)
Total equity method investments468 457 
Measurement alternative method investments18 22 
Investments recorded using the net asset value practical expedient9 — 
Total investments in unconsolidated entities$495 $479 
The following tables, which are based on unaudited information provided in part by third parties, summarize the combined assets, liabilities and equity, and results of operations of TDS’ equity method investments:
December 31,20222021
(Dollars in millions)  
Assets  
Current$1,106 $1,257 
Noncurrent6,486 6,189 
Total assets$7,592 $7,446 
Liabilities and Equity
Current liabilities$767 $710 
Noncurrent liabilities1,249 1,260 
Partners’ capital and shareholders’ equity5,576 5,476 
Total liabilities and equity$7,592 $7,446 
Year Ended December 31,202220212020
(Dollars in millions)   
Results of Operations   
Revenues$7,303 $7,127 $6,702 
Operating expenses5,684 5,152 4,753 
Operating income1,619 1,975 1,949 
Other income (expense), net(19)14 13 
Net income$1,600 $1,989 $1,962