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Revision of Period Period Amounts | 12 Months Ended
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Dec. 31, 2011
Disclosure Text Block |
Revision of Prior Period Amounts | NOTE 2 REVISION OF PRIOR PERIOD AMOUNTS In preparing its Consolidated Statement of Cash Flows for the year ended December 31, 2011, U.S. Cellular discovered certain errors related to the classification of outstanding checks with the right of offset, and re lated to the classification of Accounts p ayable - trade for A dditions to p roperty, plant and equipment as non-cash investing activities for purposes of pre paring the Consolidated Statement of Cash Flows. These errors resulted in the misstatement of Cash and cash equivalents and Accounts payable - trade as of December 31, 2010 and eac h quarterly period in 201 1, and the misstatement of Cash f lows from operating activities and Cash f lows from investing activities for the years ended December 31, 2010 and 20 0 9 and each of the quarterly periods in 2011 and 2010. In accordance with SEC Staff Accounting Bulletin Nos. 99 and 108 (“SAB 99” and “SAB 108”), U.S. Cellular evaluated these errors and determined that they were immaterial to each of the reporting periods affected and, therefore, amendment of previously filed reports was not required. However, in order to provide consistency in the Conso lidated Statement of Cash Flows and as permitted by SAB 108, revisions for these immaterial amounts to previously reported annual amounts are reflected in the financial information herein and will be reflected in future filings containing such financial information as permitted by SAB 108. In accordance with SAB 108, the Consolidated Balance Sheet and the Consolidated Statement of Cash Flows have been revised as follows:
Consolidated Balance Sheet -- December 31, 2010 |
|  |  |  | As previously |  |  |  |  |  |  |  |  |
| (Dollars in thousands) | reported (1) |  |  |  | Adjustment |  |  |  | Revised |
| Cash and cash equivalents | $ | 294,426 |  |  | $ | (17,511 | ) |  | $ | 276,915 |
| Total current assets |  | 1,109,624 |  |  |  | (17,511 | ) |  |  | 1,092,113 |
| Total assets |  | 5,893,060 |  |  |  | (17,511 | ) |  |  | 5,875,549 |
| Accounts payable - trade |  | 281,601 |  |  |  | (17,511 | ) |  |  | 264,090 |
| Total current liabilities |  | 665,995 |  |  |  | (17,511 | ) |  |  | 648,484 |
| Total liabilities and equity |  | 5,893,060 |  |  |  | (17,511 | ) |  |  | 5,875,549 |
Consolidated Statement of Cash Flows -- Year Ended December 31, 2010 |  |
|  |  |  | As previously |  |  |  |  |  |  |  |  |
| (Dollars in thousands) | reported (1) |  |  |  | Adjustment |  |  |  | Revised |
| Change in Accounts payable - trade | $ | (14,660 | ) |  | $ | (37,908 | ) |  | $ | (52,568 | )
| Change in Other assets and liabilities |  | 79,546 |  |  |  | (1,994 | ) |  |  | 77,552 |
| Cash flows from operating activities |  | 874,289 |  |  |  | (39,902 | ) |  |  | 834,387 |
| Cash used for additions to property, plant and equipment |  | (583,134 | ) |  |  | 13,811 |  |  |  | (569,323 | )
| Cash flows used in investing activities |  | (791,108 | ) |  |  | 13,811 |  |  |  | (777,297 | )
| Net increase (decrease) in cash |  | 15 |  |  |  | (26,091 | ) |  |  | (26,076 | )
|  | and cash equivalents |  |  |  |  |  |  |  |  |  |  |
Consolidated Statement of Cash Flows -- Year Ended December 31, 2009 |  |
|  |  |  | As previously |  |  |  |  |  |  |  |  |
| (Dollars in thousands) | reported (1) |  |  |  | Adjustment |  |  |  | Revised |
| Change in Accounts payable - trade | $ | 47,503 |  |  | $ | (11,308 | ) |  | $ | 36,195 |
| Change in Other assets and liabilities |  | (51,107 | ) |  |  | 1,309 |  |  |  | (49,798 | )
| Cash flows from operating activities |  | 881,808 |  |  |  | (9,999 | ) |  |  | 871,809 |
| Cash used for additions to property, plant and equipment |  | (546,758 | ) |  |  | 15,989 |  |  |  | (530,769 | )
| Cash flows used in investing activities |  | (561,451 | ) |  |  | 15,989 |  |  |  | (545,462 | )
| Net increase (decrease) in cash |  | 123,415 |  |  |  | 5,990 |  |  |  | 129,405 |
|  | and cash equivalents |  |  |  |  |  |  |  |  |  |  |
In Current Report on Form 8-K filed on November 16, 2011.

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- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=6369664&loc=d3e30840-122693 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=6368906&loc=d3e21914-107793 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 154 -Paragraph 17, 22, 25, 26 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 1 -Section N Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22595-107794 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22644-107794 + Details
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