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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating revenues        
Service $ 1,013 $ 1,138 $ 3,021 $ 3,282
Equipment and product sales 288 236 805 620
Total operating revenues 1,301 1,374 3,826 3,902
Operating expenses        
Cost of services (excluding Depreciation, amortization and accretion reported below) 305 303 891 897
Cost of equipment and products 321 337 921 907
Selling, general and administrative 440 450 1,299 1,324
Depreciation, amortization and accretion 214 211 636 628
(Gain) loss on asset disposals, net 8 5 20 15
(Gain) loss on sale of business and other exit costs, net   (1) (1) (130)
(Gain) loss on license sales and exchanges, net (7) (24) (16) (147)
Total operating expenses 1,281 1,281 3,750 3,494
Operating income 20 93 76 408
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 38 40 109 110
Interest and dividend income 15 10 44 28
Interest expense (42) (35) (127) (103)
Other, net (1)   1  
Total investment and other income 10 15 27 35
Income before income taxes 30 108 103 443
Income tax expense 14 46 45 178
Net income 16 62 58 265
Less: Net income attributable to noncontrolling interests, net of tax 3 11 9 45
Net income attributable to TDS shareholders 13 51 49 220
Net income available to TDS common shareholders $ 13 $ 51 $ 49 $ 220
Basic weighted average shares outstanding 110 109 110 109
Basic earnings per share available to TDS common shareholders $ 0.12 $ 0.47 $ 0.44 $ 2.03
Diluted weighted average shares outstanding 111 110 111 110
Diluted earnings per share available to TDS common shareholders $ 0.11 $ 0.46 $ 0.44 $ 1.99
Dividends per share to TDS shareholders $ 0.148 $ 0.141 $ 0.444 $ 0.423