XML 85 R55.htm IDEA: XBRL DOCUMENT v3.25.2
Business Segment Information (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Total operating revenues $ 1,186 $ 1,238 $ 2,341 $ 2,500  
Selling, general and administrative 421 426 846 849  
Expenses related to strategic alternatives review (included in Selling, general and administrative) 16 21 32 33  
Income (loss) before income taxes 21 13 42 71  
Depreciation, amortization and accretion (236) (233) (472) (467)  
Loss on asset disposals, net (9) (9) (12) (16)  
Gain on sale of business and other exit costs, net 8 0 9 0  
Gain (loss) on license sales and exchanges, net 4 (8) 5 (7)  
Equity in earnings of unconsolidated entities 43 39 79 82  
Interest and dividend income 6 7 13 12  
Interest expense (70) (73) (129) (131)  
Investments in unconsolidated entities 493 507 493 507 $ 500
Total assets 13,526 [1] 13,872 13,526 [1] 13,872 $ 13,682 [1]
Capital expenditures 170 244 282 464  
Service          
Segment Reporting Information [Line Items]          
Total operating revenues 1,000 1,034 1,997 2,078  
Cost of goods and services 279 296 555 595  
Equipment and product sales          
Segment Reporting Information [Line Items]          
Total operating revenues 186 204 344 422  
Cost of goods and services 213 227 396 460  
All Other          
Segment Reporting Information [Line Items]          
Total operating revenues 6 45 14 91  
Income (loss) before income taxes (33) (40) (57) (64)  
Depreciation, amortization and accretion 0 (1) (2) (7)  
Loss on asset disposals, net (1) 0 0 1  
Gain on sale of business and other exit costs, net 0   1    
Gain (loss) on license sales and exchanges, net 0 0 0 0  
Equity in earnings of unconsolidated entities 42 38 78 80  
Interest and dividend income 4 3 6 6  
Interest expense (44) (45) (82) (88)  
Investments in unconsolidated entities 45 42 45 42  
Total assets 246 335 246 335  
Capital expenditures 0 1 1 5  
Array Total          
Segment Reporting Information [Line Items]          
Investments in unconsolidated entities 444 461 444 461  
Total assets 10,377 10,639 10,377 10,639  
Wireless | Operating segment          
Segment Reporting Information [Line Items]          
Total operating revenues 888 902 1,751 1,826  
Selling, general and administrative 319 313 643 637  
Expenses related to strategic alternatives review (included in Selling, general and administrative) (11) (12) (21) (20)  
Other segment items 0 0 0 0  
Adjusted EBITDA 174 196 355 392  
Depreciation, amortization and accretion (151) (154) (302) (308)  
Loss on asset disposals, net (2) (5) (3) (10)  
Gain on sale of business and other exit costs, net 0   0    
Gain (loss) on license sales and exchanges, net 4 (8) 5 (7)  
Capital expenditures 77 160 127 286  
Wireless | Operating segment | Service          
Segment Reporting Information [Line Items]          
Cost of goods and services 197 194 387 390  
Wireless | Operating segment | Equipment and product sales          
Segment Reporting Information [Line Items]          
Cost of goods and services 209 211 387 427  
Wireless | Intersegment Revenues          
Segment Reporting Information [Line Items]          
Total operating revenues 0 0 0 0  
Wireless | Operating Segments Excluding Intersegment Elimination          
Segment Reporting Information [Line Items]          
Total operating revenues 888 902 1,751 1,826  
Towers | Operating segment          
Segment Reporting Information [Line Items]          
Total operating revenues 28 25 56 51  
Selling, general and administrative 9 9 18 16  
Expenses related to strategic alternatives review (included in Selling, general and administrative) (1) (1) (1) (1)  
Other segment items 0 0 0 0  
Adjusted EBITDA 34 31 67 64  
Depreciation, amortization and accretion (12) (11) (23) (21)  
Loss on asset disposals, net 0 0 (1) (1)  
Gain on sale of business and other exit costs, net 0   0    
Gain (loss) on license sales and exchanges, net 0 0 0 0  
Capital expenditures 3 5 5 9  
Towers | Operating segment | Service          
Segment Reporting Information [Line Items]          
Cost of goods and services 20 19 39 37  
Towers | Operating segment | Equipment and product sales          
Segment Reporting Information [Line Items]          
Cost of goods and services 0 0 0 0  
Towers | Intersegment Revenues          
Segment Reporting Information [Line Items]          
Total operating revenues 34 33 67 65  
Towers | Operating Segments Excluding Intersegment Elimination          
Segment Reporting Information [Line Items]          
Total operating revenues 62 58 123 116  
Array Total          
Segment Reporting Information [Line Items]          
Total operating revenues 916 927 1,807 1,877  
TDS Telecom          
Segment Reporting Information [Line Items]          
Total operating revenues 265 267 522 534  
TDS Telecom | Operating segment          
Segment Reporting Information [Line Items]          
Total operating revenues 264 266 520 532  
Selling, general and administrative 83 80 166 155  
Expenses related to strategic alternatives review (included in Selling, general and administrative) 0 0 0 0  
Other segment items (3) (2) (7) (4)  
Adjusted EBITDA 89 91 165 187  
Depreciation, amortization and accretion (73) (67) (145) (131)  
Loss on asset disposals, net (6) (4) (8) (6)  
Gain on sale of business and other exit costs, net 8   8    
Gain (loss) on license sales and exchanges, net 0 0 0 0  
Investments in unconsolidated entities 4 4 4 4  
Total assets 2,903 2,898 2,903 2,898  
Capital expenditures 90 78 149 164  
TDS Telecom | Operating segment | Service          
Segment Reporting Information [Line Items]          
Cost of goods and services 97 98 198 196  
TDS Telecom | Operating segment | Equipment and product sales          
Segment Reporting Information [Line Items]          
Cost of goods and services 0 0 0 0  
TDS Telecom | Intersegment Revenues          
Segment Reporting Information [Line Items]          
Total operating revenues 1 1 2 2  
TDS Telecom | Operating Segments Excluding Intersegment Elimination          
Segment Reporting Information [Line Items]          
Total operating revenues 265 267 522 534  
Total          
Segment Reporting Information [Line Items]          
Total operating revenues 1,180 1,193 2,327 2,409  
Expenses related to strategic alternatives review (included in Selling, general and administrative) (12) (13) (22) (21)  
Adjusted EBITDA 297 318 587 643  
Depreciation, amortization and accretion (236) (232) (470) (460)  
Loss on asset disposals, net (8) (9) (12) (17)  
Gain on sale of business and other exit costs, net 8   8    
Gain (loss) on license sales and exchanges, net 4 (8) 5 (7)  
Investments in unconsolidated entities 4 4 4 4  
Total assets 2,903 2,898 2,903 2,898  
Capital expenditures 170 243 281 459  
Total | Intersegment Revenues          
Segment Reporting Information [Line Items]          
Total operating revenues 35 34 69 67  
Total | Operating Segments Excluding Intersegment Elimination          
Segment Reporting Information [Line Items]          
Total operating revenues 1,215 1,227 2,396 2,476  
Total | Intersegment Eliminations          
Segment Reporting Information [Line Items]          
Total operating revenues $ (35) $ (34) $ (69) $ (67)  
[1] The consolidated total assets as of June 30, 2025 and December 31, 2024, include assets held by consolidated variable interest entities (VIEs) of $850 million and $983 million, respectively, which are not available to be used to settle the obligations of TDS. The consolidated total liabilities as of June 30, 2025 and December 31, 2024, include certain liabilities of consolidated VIEs of $24 million and $24 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of TDS. See Note 9 — Variable Interest Entities for additional information.