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Investments In Unconsolidated Entities
9 Months Ended
Sep. 30, 2016
Investments in Unconsolidated Entities [Abstract]  
Investments in Unconsolidated Entities

Note 7 Investments in Unconsolidated Entities

Investments in unconsolidated entities consist of amounts invested in wireless and wireline entities in which TDS holds a noncontrolling interest.  These investments are accounted for using either the equity or cost method.

The following table, which is based in part on information provided by third parties, summarizes the combined results of operations of TDS’ equity method investments.

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

2016

 

2015

 

2016

 

2015

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

Revenues

$ 

1,679 

 

$ 

1,738 

 

$ 

5,008 

 

$ 

5,199 

Operating expenses

 

1,254 

 

 

1,267 

 

 

3,662 

 

 

3,840 

Operating income

 

425 

 

 

471 

 

 

1,346 

 

 

1,359 

Other income (expense), net

 

(2)

 

 

(11)

 

 

(10)

 

 

(17)

Net income

$

423 

 

$

460 

 

$

1,336 

 

$

1,342