Consolidated Balance Sheet - USD ($) $ in Millions		Mar. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents		$ 1,054	$ 985
Accounts receivable
Due from customers and agents, less allowances of $44 and $49, respectively		700	705
Other, less allowances of $1 and $1, respectively		92	98
Inventory, net		160	158
Prepaid expenses		130	112
Income taxes receivable		5	70
Other current assets		32	30
Total current assets		2,173	2,158
Assets held for sale		26
Licenses		1,818	1,844
Goodwill		766	766
Franchise rights		244	244
Other intangible assets, net of accumulated amortization of $148 and $144, respectively		43	47
Investments in unconsolidated entities		423	402
Property, plant and equipment
In service and under construction		11,581	11,520
Less: Accumulated depreciation and amortization		7,902	7,756
Property, plant and equipment, net		3,679	3,764
Other assets and deferred charges		211	197
Total assets	[1]	9,383	9,422
Current liabilities
Current portion of long-term debt		14	14
Accounts payable		355	349
Customer deposits and deferred revenues		283	288
Accrued interest		21	12
Accrued taxes		36	41
Accrued compensation		75	113
Other current liabilities		106	127
Total current liabilities		890	944
Deferred liabilities and credits
Net deferred income tax liability		905	900
Other deferred liabilities and credits		441	433
Long-term debt, net		$ 2,437	$ 2,440
Commitments and contingencies
Noncontrolling interests with redemption features		$ 2	$ 1
TDS shareholders' equity
Series A Common and Common Shares		1	1
Capital in excess of par value		2,372	2,365
Treasury shares at cost		(726)	(727)
Retained earnings		2,479	2,487
Total TDS shareholders' equity		4,126	4,126
Preferred shares		1	1
Noncontrolling interests		581	577
Total equity		4,708	4,704
Total liabilities and equity	[1]	$ 9,383	$ 9,422

[1] The consolidated total assets as of March 31, 2016 and December 31, 2015 include certain assets held by consolidated VIEs of $804 million and $658 million, respectively, which are not available to be used to settle the obligations of TDS. The consolidated total liabilities as of March 31, 2016 and December 31, 2015 include certain liabilities of consolidated VIEs of $16 million and $1 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of TDS. See Note 8 — Variable Interest Entities for additional information.