XML 68 R48.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Business Segment Information (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]          
Total operating revenues $ 927 $ 957 $ 1,877 $ 1,942  
Selling, general and administrative 322 341 653 686  
Depreciation, amortization and accretion 165 161 329 330  
(Gain) loss on asset disposals, net 5 3 11 13  
(Gain) loss on license sales and exchanges, net 8 0 7 0  
Operating income 36 34 88 61  
Equity in earnings of unconsolidated entities 38 38 80 82  
Interest and dividend income 3 3 6 5  
Interest expense (45) (51) (91) (99)  
Income before income taxes 32 24 83 49  
Income tax expense 14 19 41 29  
Net income 18 5 42 20  
Depreciation, amortization and accretion 165 161 329 330  
Expenses related to strategic alternatives review 13   21    
(Gain) loss on asset disposals, net 5 3 11 13  
(Gain) loss on license sales and exchanges, net 8 0 7 0  
Interest expense 45 51 91 99  
Income tax expense (benefit) 14 19 41 29  
Adjusted EBITDA 268 239 542 491  
Investments in unconsolidated entities 461 457 461 457 $ 461
Assets 10,639 [1] 10,889 10,639 [1] 10,889 $ 10,750 [1]
Capital expenditures 165 143 295 351  
Service          
Segment Reporting Information [Line Items]          
Total operating revenues 743 760 1,497 1,527  
Cost of goods and services 180 190 362 372  
Equipment and product sales          
Segment Reporting Information [Line Items]          
Total operating revenues 184 197 380 415  
Cost of goods and services 211 228 427 480  
Intra-company eliminations          
Segment Reporting Information [Line Items]          
Total operating revenues (33) (32) (65) (63)  
Selling, general and administrative 0 0 0 0  
Depreciation, amortization and accretion 0 0 0 0  
(Gain) loss on asset disposals, net 0 0 0 0  
(Gain) loss on license sales and exchanges, net 0   0    
Operating income 0 0 0 0  
Depreciation, amortization and accretion 0 0 0 0  
Expenses related to strategic alternatives review 0   0    
(Gain) loss on asset disposals, net 0 0 0 0  
(Gain) loss on license sales and exchanges, net 0   0    
Adjusted EBITDA 0 0 0 0  
Capital expenditures 0 0 0 0  
Intra-company eliminations | Service          
Segment Reporting Information [Line Items]          
Total operating revenues (33) (32) (65) (63)  
Cost of goods and services (33) (32) (65) (63)  
Intra-company eliminations | Equipment and product sales          
Segment Reporting Information [Line Items]          
Total operating revenues 0 0 0 0  
Cost of goods and services 0 0 0 0  
Wireless Segment | Operating Segments          
Segment Reporting Information [Line Items]          
Total operating revenues 902 932 1,826 1,892  
Selling, general and administrative 313 333 637 670  
Depreciation, amortization and accretion 154 149 308 307  
(Gain) loss on asset disposals, net 5 3 10 13  
(Gain) loss on license sales and exchanges, net 8   7    
Operating income 17 16 47 24  
Depreciation, amortization and accretion 154 149 308 307  
Expenses related to strategic alternatives review 12   20    
(Gain) loss on asset disposals, net 5 3 10 13  
(Gain) loss on license sales and exchanges, net 8   7    
Adjusted EBITDA 196 168 392 344  
Capital expenditures 160 140 286 346  
Wireless Segment | Operating Segments | Service          
Segment Reporting Information [Line Items]          
Total operating revenues 718 735 1,446 1,477  
Cost of goods and services 194 203 390 398  
Wireless Segment | Operating Segments | Equipment and product sales          
Segment Reporting Information [Line Items]          
Total operating revenues 184 197 380 415  
Cost of goods and services 211 228 427 480  
Towers Segment | Operating Segments          
Segment Reporting Information [Line Items]          
Total operating revenues 58 57 116 113  
Selling, general and administrative 9 8 16 16  
Depreciation, amortization and accretion 11 12 21 23  
(Gain) loss on asset disposals, net 0 0 1 0  
(Gain) loss on license sales and exchanges, net 0   0    
Operating income 19 18 41 37  
Depreciation, amortization and accretion 11 12 21 23  
Expenses related to strategic alternatives review 1   1    
(Gain) loss on asset disposals, net 0 0 1 0  
(Gain) loss on license sales and exchanges, net 0   0    
Adjusted EBITDA 31 30 64 60  
Capital expenditures 5 3 9 5  
Towers Segment | Operating Segments | Service          
Segment Reporting Information [Line Items]          
Total operating revenues 58 57 116 113  
Cost of goods and services 19 19 37 37  
Towers Segment | Operating Segments | Equipment and product sales          
Segment Reporting Information [Line Items]          
Total operating revenues 0 0 0 0  
Cost of goods and services $ 0 $ 0 $ 0 $ 0  
[1] The consolidated total assets as of June 30, 2024 and December 31, 2023, include assets held by consolidated variable interest entities (VIEs) of $1,086 million and $1,217 million, respectively, which are not available to be used to settle the obligations of UScellular. The consolidated total liabilities as of June 30, 2024 and December 31, 2023, include certain liabilities of consolidated VIEs of $26 million, for which the creditors of the VIEs have no recourse to the general credit of UScellular. See Note 10 — Variable Interest Entities for additional information.