XML 34 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues      
Service $ 2,978 $ 3,081 $ 3,384
Equipment sales 912 909 647
Total operating revenues 3,890 3,990 4,031
Operating expenses      
System operations (excluding Depreciation, amortization and accretion reported below) 732 760 775
Cost of equipment sold 1,071 1,081 1,053
Selling, general and administrative (including charges from affiliates of $85 million, $94 million and $96 million in 2017, 2016 and 2015) 1,412 1,480 1,494
Depreciation, amortization and accretion 615 618 607
Loss on impairment of goodwill 370 0 0
(Gain) loss on asset disposals, net 17 22 16
(Gain) loss on sale of business and other exit costs, net (1)   (114)
(Gain) loss on license sales and exchanges, net (22) (19) (147)
Total operating expenses 4,194 3,942 3,684
Operating income (loss) (304) 48 347
Investment and other income (expense)      
Equity in earnings of unconsolidated entities 137 140 140
Interest and dividend income 8 6 2
Interest expense (113) (113) (86)
Other, net   1 1
Total investment and other income 32 34 57
Income (loss) before income taxes (272) 82 404
Income tax expense (benefit) (287) 33 157
Net income 15 49 247
Less: Net income attributable to noncontrolling interests, net of tax 3 1 6
Net income attributable to U.S. Cellular shareholders $ 12 $ 48 $ 241
Basic weighted average shares outstanding 85 85 84
Basic earnings per share attributable to U.S. Cellular shareholders $ 0.14 $ 0.56 $ 2.86
Diluted weighted average shares outstanding 86 85 85
Diluted earnings per share attributable to U.S. Cellular shareholders $ 0.14 $ 0.56 $ 2.84