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Investments in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Equity and measurement alternative method investments 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.
June 30, 2023December 31, 2022
(Dollars in millions)  
Equity method investments$472 $468 
Measurement alternative method investments19 18 
Investments recorded using the net asset value practical expedient9 
Total investments in unconsolidated entities$500 $495 
The following table, which is based on unaudited information provided in part by third parties, summarizes the combined results of operations of TDS’ equity method investments.
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2023202220232022
(Dollars in millions)  
Revenues$1,770 $1,779 $3,579 $3,595 
Operating expenses1,363 1,395 2,729 2,772 
Operating income407 384 850 823 
Other income (expense), net8 (2)(8)(6)
Net income$415 $382 $842 $817