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Business Segment Information
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Business Segment Information
Note 19 Business Segment Information
During the second quarter of 2024, UScellular modified its reporting structure due to the planned disposal of the wireless operations and, as a result, disaggregated the UScellular operations into two reportable segments – Wireless and Towers. This presentation reflects how UScellular's chief operating decision maker allocates resources and evaluates operating performance following this strategic shift. Wireless generates its revenues by providing wireless services and equipment. Towers generates its revenues by leasing tower space on UScellular-owned towers to other wireless carriers. The Towers segment records rental revenue and the Wireless segment records a related expense when the Wireless segment uses company-owned towers to locate its network equipment, using estimated market pricing - this revenue and expense is eliminated in consolidation. Prior periods have been updated to conform to the new reportable segments.
Adjusted earnings before interest, taxes, depreciation, amortization and accretion (Adjusted EBITDA) is the segment measure of profit or loss reported to the chief operating decision maker for purposes of assessing the segments' performance and making capital allocation decisions. Adjusted EBITDA is a non-GAAP financial measure that shows adjusted earnings before interest, taxes, depreciation, amortization and accretion, gains and losses, and expenses related to the strategic alternatives review of UScellular. UScellular believes Adjusted EBITDA is a useful measure of UScellular's operating results before significant recurring non-cash charges, gains and losses, and other items as presented below as it provides additional relevant and useful information to investors and other users of UScellular's financial data in evaluating the effectiveness of its operations and underlying business trends in a manner that is consistent with management's evaluation of business performance. UScellular's chief operating decision maker is the TDS President and Chief Executive Officer.
Year Ended December 31, 2024WirelessTowersTotal
(Dollars in millions) 
Revenues from external customers$3,667 $103 $3,770 
Intersegment revenues— 131 131 
3,667 234 3,901 
Reconciliation of revenue:
Elimination of intersegment revenues(131)
Total operating revenues$3,770 
Less1:
Cost of services (excluding Depreciation, amortization and accretion reported below)777 78 
Cost of equipment and products906 — 
Selling, general and administrative1,298 32 
Expenses related to strategic alternatives review (included in Selling, general and administrative)(33)(2)
Segment Adjusted EBITDA (Non-GAAP)$719 $126 $845 
Reconciliation of Segment Adjusted EBITDA to Income (loss) before income taxes:
Depreciation, amortization and accretion(665)
Expenses related to strategic alternatives review (included in Selling, general and administrative)(35)
Loss on impairment of licenses(136)
Loss on asset disposals, net(18)
Loss on license sales and exchanges, net(3)
Equity earnings of unconsolidated entities161 
Interest and dividend income12 
Interest expense(183)
Income (loss) before income taxes$(22)
Other segment disclosures
Year Ended or as of December 31, 2024WirelessTowersSegment TotalUScellular
Depreciation, amortization and accretion$(620)$(45)$(665)
Loss on impairment of licenses(136)— (136)
Loss on asset disposals, net(17)(1)(18)
Loss on license sales and exchanges, net(3)— (3)
Investments in unconsolidated entities2
$454 
Total assets3
$10,449 
Capital expenditures$554 $23 $577 
Year Ended December 31, 2023WirelessTowersTotal
(Dollars in millions) 
Revenues from external customers$3,805 $101 $3,906 
Intersegment revenues— 127 127 
3,805 228 4,033 
Reconciliation of revenue:
Elimination of intersegment revenues(127)
Total operating revenues$3,906 
Less1:
Cost of services (excluding Depreciation, amortization and accretion reported below)794 73 
Cost of equipment and products988 — 
Selling, general and administrative1,334 34 
Expenses related to strategic alternatives review (included in Selling, general and administrative)(8)— 
Segment Adjusted EBITDA (Non-GAAP)$697 $121 $818 
Reconciliation of Segment Adjusted EBITDA to Income before income taxes:
Depreciation, amortization and accretion(656)
Expenses related to strategic alternatives review (included in Selling, general and administrative)(8)
Loss on asset disposals, net(17)
Gain on license sales and exchanges, net2 
Equity earnings of unconsolidated entities158 
Interest and dividend income10 
Interest expense(196)
Income before income taxes$111 
Other segment disclosures
Year Ended or as of December 31, 2023WirelessTowersSegment TotalUScellular
Depreciation, amortization and accretion$(610)$(46)$(656)
Gain (loss) on asset disposals, net(19)2 (17)
Gain on license sales and exchanges, net2 — 2 
Investments in unconsolidated entities2
$461 
Total assets3
$10,750 
Capital expenditures$580 $31 $611 
Year Ended December 31, 2022WirelessTowersTotal
(Dollars in millions) 
Revenues from external customers$4,076 $93 $4,169 
Intersegment revenues— 123 123 
4,076 216 4,292 
Reconciliation of revenue:
Elimination of intersegment revenues(123)
Total operating revenues$4,169 
Less1:
Cost of services (excluding Depreciation, amortization and accretion reported below)807 71 
Cost of equipment and products1,216 — 
Selling, general and administrative1,376 32 
Segment Adjusted EBITDA (Non-GAAP)$677 $113 $790 
Reconciliation of Segment Adjusted EBITDA to Income before income taxes:
Depreciation, amortization and accretion(700)
Loss on impairment of licenses(3)
Loss on asset disposals, net(19)
Gain on sale of business and other exit costs, net1 
Equity earnings of unconsolidated entities158 
Interest and dividend income8 
Interest expense(163)
Income before income taxes$72 
Other segment disclosures
Year Ended or as of December 31, 2022WirelessTowersSegment TotalUScellular
Depreciation, amortization and accretion$(655)$(45)$(700)
Loss on impairment of licenses(3)— (3)
Loss on asset disposals, net(19)— (19)
Gain on sale of business and other exit costs, net1 — 1 
Investments in unconsolidated entities2
$452 
Total assets3
$11,119 
Capital expenditures$689 $28 $717 
1The significant segment expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
2This item is not included in the evaluation of operating performance of the Wireless and Towers segments, and therefore is reported for "UScellular".
3Assets are not provided at the individual segment level for Wireless and Towers, and therefore is reported for "UScellular". The UScellular segments operate under a common capital structure, and management has historically considered its assets collectively as part of a combined wireless network.