Supplemental Cash Flow Disclosures

3 Months Ended

Mar. 31, 2013

Disclosure Text Block

Supplemental Cash Flow Disclosures

14. Supplemental Cash Flow Disclosures

Following are supplemental cash flow disclosures regarding transactions related tostock-based compensation awards. In certain situations, TDS and U.S. Cellular withhold shares that are issuable upon the exercise of stock options or the vesting of restricted shares to cover, and with a value equivalent to, the exercise price and/or the amount of taxes required to be withheld from the stock award holder at the time of the exercise or vesting. TDS and U.S. Cellular then pay the amount of the required tax withholdings to the taxing authorities in cash.

TDS
	Three Months Ended
	March 31,
	2013		2012
(Dollars and shares in thousands)
Common Shares withheld		2		-
Special Common Shares withheld		-		1
Aggregate value of Common Shares withheld	$	45	$	-
Aggregate value of Special Common Shares withheld	$	-	$	33
Cash receipts upon exercise of stock options	$	185	$	-
Cash disbursements for payment of taxes		(45)		(33)
Net cash receipts (disbursements) from exercise of stock options and vesting of other stock awards	$	140	$	(33)

U.S. Cellular
	Three Months Ended
	March 31,
	2013		2012
(Dollars and shares in thousands)
Common Shares withheld		9		-
Aggregate value of Common Shares withheld	$	328	$	-
Cash receipts upon exercise of stock options	$	129	$	357
Cash disbursements for payment of taxes		(6)		-
Net cash receipts (disbursements) from exercise of stock options and vesting of other stock awards	$	123	$	357

Under the American Recovery and Reinvestment Act of 2009, (“the Recovery Act”), TDS Telecom was awarded $105.1 million in federal grants and will provide $30.9million of its own funds to complete 44 projects to provide broadband access in unserved areas. TDS Telecom received $19.9 million and $4.3million in grants during the three months ended March 31, 2013 and 2012, respectively. TDS Telecom has received cumulative grants of$41.5million as of March 31, 2013. These funds reduced the carrying amount of the assets to which they relate. TDS Telecom had recorded $16.2 million and $27.6 million in grants receivable at March 31,2013 andDecember 31, 2012, respectively. These amounts were included as a component of Accounts receivable, Other, in the Consolidated Balance Sheet.

TDS declared and paid dividendson Series A Common and Common Shares of $13.8million or $0.1275 per share during the three monthsended March 31, 2013 and $13.3 million or $0.1225 per share during the three monthsended March 31, 2012.