Revision of Prior Period Amounts (Tables)

9 Months Ended

Sep. 30, 2011

Consolidated Balance Sheet -- December 31, 2010

		As previously
	(Dollars in thousands)	reported (1)			Adjustment			Revised

	Property, plant and equipment, net	$	2,615,072	$	(40,550	)	$	2,574,522
	Total assets		5,933,610		(40,550	)		5,893,060
	Net deferred income tax liability		579,769		3,675			583,444
	Other deferred liabilities and credits		284,949		(50,094	)		234,855
	Retained earnings		2,129,638		5,869			2,135,507
	Total U.S. Cellular shareholders' equity		3,480,583		5,869			3,486,452
	Total equity		3,534,101		5,869			3,539,970
	Total liabilities and equity		5,933,610		(40,550	)		5,893,060


Consolidated Statement of Operations -- Three Months Ended September 30, 2010

		As previously
	(Dollars in thousands)	reported (2)			Adjustment			Revised

	Depreciation, amortization and accretion	$	144,717	$	(1,526	)	$	143,191
	Total operating expenses		1,000,948		(1,526	)		999,422
	Operating income		59,833		1,526			61,359
	Income before income taxes		68,329		1,526			69,855
	Income tax expense		25,051		588			25,639
	Net income		43,278		938			44,216
	Net income attributable to U.S. Cellular shareholders		37,358		938			38,296
	Basic earnings per share attributable to U.S. Cellular shareholders		0.43		0.02			0.45
	Diluted earnings per share attributable to U.S. Cellular shareholders		0.43		0.01			0.44


Consolidated Statement of Operations -- Nine Months Ended September 30, 2010

		As previously
	(Dollars in thousands)	reported (2)			Adjustment			Revised

	Depreciation, amortization and accretion	$	432,405	$	(4,574	)	$	427,831
	Total operating expenses		2,913,570		(4,574	)		2,908,996
	Operating income		200,961		4,574			205,535
	Income before income taxes		229,232		4,574			233,806
	Income tax expense		86,894		1,762			88,656
	Net income		142,338		2,812			145,150
	Net income attributable to U.S. Cellular shareholders		125,480		2,812			128,292
	Basic earnings per share attributable to U.S. Cellular shareholders		1.45		0.04			1.49
	Diluted earnings per share attributable to U.S. Cellular shareholders		1.45		0.03			1.48


Consolidated Statement of Cash Flows -- Nine Months Ended September 30, 2010

		As previously
	(Dollars in thousands)	reported (2)			Adjustment			Revised

	Net income	$	142,338	$	2,812		$	145,150
	Depreciation, amortization and accretion		432,405		(4,574	)		427,831
	Deferred income taxes, net		50,180		1,762			51,942
	Cash flows from operating activities		584,013		—			584,013

In Annual Report on Form 10-K for the year ended December 31, 2010, filed on February 25, 2011.
In Quarterly Report on Form 10-Q for the period ended September 30, 2010, filed on November 4, 2010.

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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