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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Licenses  
Licenses

Licenses

 

 

 

 

 

(Dollars in millions)

 

 

Balance December 31, 2016

$

1,895 

 

Acquisitions

 

331 

 

Transferred to Assets held for sale

 

(5)

 

Exchanges - Licenses received

 

18 

 

Exchanges - Licenses surrendered

 

(5)

Balance September 30, 2017

$

2,234 

 

Goodwill  
Goodwill

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Cellular

 

Wireline

 

Cable

 

HMS

 

Total

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 31, 2016

$

227 

 

$

409 

 

$

95 

 

$

35 

 

$

766 

 

Acquisitions

 

 

 

 

 

 

 

4 

 

 

 

 

 

4 

 

Loss on impairment

 

(227)

 

 

 

 

 

 

 

 

(35)

 

 

(262)

Balance September 30, 2017

$

 

 

$

409 

 

$

99 

 

$

 

 

$

508 

 

Fair Value Inputs  
Fair Value Key Assumptions

The following table represents key assumptions used in estimating the fair value of the U.S. Cellular reporting unit as using the discounted cash flow approach.

Key assumptions

 

Revenue growth rate

0.8%

Terminal revenue growth rate

2.0%

Discount rate

9.5%

 

The following table represents key assumptions used in estimating the fair value of the HMS reporting unit using the discounted cash flow approach.

Key assumptions

 

Revenue growth rate

3.8%

Terminal revenue growth rate

2.5%

Discount rate

10.5%