XML 25 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating revenues        
Service $ 737 $ 784 $ 2,223 $ 2,330
Equipment sales 226 239 639 655
Total operating revenues 963 1,023 2,862 2,985
Operating expenses        
System operations (excluding Depreciation, amortization and accretion reported below) 185 196 549 572
Cost of equipment sold 261 280 749 799
Selling, general and administrative (including charges from affiliates of $20 million and $21 million, respectively, for the three months, and $62 million and $69 million, respectively, for the nine months) 350 370 1,041 1,089
Depreciation, amortization and accretion 153 155 460 462
Loss on impairment of goodwill 370 0 370 0
(Gain) loss on asset disposals, net 5 7 14 16
(Gain) loss on sale of business and other exit costs, net (1) 0 (1)  
(Gain) loss on license sales and exchanges, net   (7) (19) (16)
Total operating expenses 1,323 1,001 3,163 2,922
Operating income (loss) (360) 22 (301) 63
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 35 38 101 110
Interest and dividend income 2 1 6 4
Interest expense (28) (28) (85) (84)
Other, net     1  
Total investment and other income 9 11 23 30
Income (loss) before income taxes (351) 33 (278) 93
Income tax expense (benefit) (53) 15 (19) 39
Net income (loss) (298) 18 (259) 54
Less: Net income (loss) attributable to noncontrolling interests, net of tax 1 1 2 1
Net income (loss) attributable to U.S. Cellular shareholders $ (299) $ 17 $ (261) $ 53
Basic weighted average shares outstanding 85 85 85 85
Basic earnings (loss) per share attributable to U.S. Cellular shareholders $ (3.51) $ 0.20 $ (3.07) $ 0.63
Diluted weighted average shares outstanding 85 85 85 85
Diluted earnings (loss) per share attributable to U.S. Cellular shareholders $ (3.51) $ 0.20 $ (3.07) $ 0.63