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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating revenues        
Service $ 988 $ 1,026 $ 2,976 $ 3,058
Equipment and product sales 263 288 760 805
Total operating revenues 1,251 1,314 3,736 3,863
Operating expenses        
Cost of services (excluding Depreciation, amortization and accretion reported below) 294 305 874 891
Cost of equipment and products 291 321 848 921
Selling, general and administrative 422 440 1,246 1,299
Depreciation, amortization and accretion 209 214 632 636
Loss on impairment of goodwill 262 0 262 0
(Gain) loss on asset disposals, net 6 8 16 20
(Gain) loss on sale of business and other exit costs, net (1)   (1) (1)
(Gain) loss on license sales and exchanges, net   (7) (19) (16)
Total operating expenses 1,483 1,281 3,858 3,750
Operating income (loss) (232) 33 (122) 113
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 35 38 101 109
Interest and dividend income 4 2 12 7
Interest expense (43) (42) (128) (127)
Other, net   (1)   1
Total investment and other income (expense) (4) (3) (15) (10)
Income (loss) before income taxes (236) 30 (137) 103
Income tax expense (benefit) (5) 14 39 45
Net income (loss) (231) 16 (176) 58
Less: Net income (loss) attributable to noncontrolling interests, net of tax (50) 3 (42) 9
Net income (loss) attributable to TDS shareholders (181) 13 (134) 49
TDS Preferred dividend requirement 0      
Net income available to TDS shareholders $ (181) $ 13 $ (134) $ 49
Basic weighted average shares outstanding 111 110 111 110
Basic earnings (loss) per share available to TDS common shareholders $ (1.64) $ 0.12 $ (1.21) $ 0.44
Diluted weighted average shares outstanding 111 111 111 111
Diluted earnings (loss) per share available to TDS common shareholders $ (1.64) $ 0.11 $ (1.21) $ 0.44
Dividends per share to TDS shareholders $ 0.155 $ 0.148 $ 0.465 $ 0.444