XML 17 R9.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Fair Value Measurements | 6 Months Ended
--- | ---
Jun. 30, 2014
Disclosure Text Block |
Fair Value Measurements | 2. Fair Value Measurements As of June 30, 2014 and December 31, 2013, U.S. Cell ular did not have any financial or nonfinancial assets or liabilities that were required to be recorded at fair value in its Consolidated Balance Sheet in accordance with GAAP. However, U.S. Cellular has applied the provisions of fair value accounting for purposes of computing the fair value of financial instruments for disclosure purposes as displayed below.
|  | Level within the Fair Value Hierarchy |  | June 30, 2014 |  | December 31, 2013
|  |  | Book Value |  |  | Fair Value |  | Book Value |  | Fair Value
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | 1 |  | $ | 404,058 |  | $ | 404,058 |  | $ | 342,065 |  | $ | 342,065
Short-term investments |  |  |  |  |  |  |  |  |  |  |  |  |
| U.S. Treasury Notes | 1 |  |  | 40,035 |  |  | 40,035 |  |  | 50,104 |  |  | 50,104
Long-term debt |  |  |  |  |  |  |  |  |  |  |  |  |
| 6.95% Senior Notes | 1 |  |  | 342,000 |  |  | 348,703 |  |  | 342,000 |  |  | 309,852
| 6.7% Senior Notes | 2 |  |  | 532,583 |  |  | 550,727 |  |  | 532,449 |  |  | 507,697
Short-term investments are designated as held-to-maturity investments and recorded at amortized cost in the Consolidated Balance Sheet. Long-term debt excludes capital lease obligatio ns and the current portion of Long-t erm debt. The fair values of Cash and cash equivalents and Short-term investments approximate their book values due to the short-term nature of these financial instruments. The fair value of L ong-term debt was estimated using market prices for the 6.95% S enior N otes, and discounted cash flow analysis using an estimated yield to maturity of 6.59% for the 6.7% S enior N otes at June 30, 2014.

X
- Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementInputsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration