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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings per share

The amounts used in computing earnings per common share and the effects of potentially dilutive securities on the weighted average number of common shares were as follows:

 

Three Months Ended

 

March 31,

 

2018

 

2017

(Dollars and shares in millions, except per share amounts)

 

 

 

 

 

Basic earnings per share available to TDS common

 

 

 

 

 

 

 

shareholders:

 

 

 

 

 

 

Net income available to TDS common shareholders

    used in basic earnings per share

$

39 

 

$

37 

Adjustments to compute diluted earnings:

 

 

 

 

 

 

Noncontrolling interest adjustment

 

– 

 

 

– 

 

Net income available to TDS common shareholders

 

 

 

 

 

 

 

used in diluted earnings per share

$

39 

 

$

37 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares used in basic

 

 

 

 

 

 

earnings per share:

 

 

 

 

 

 

 

Common Shares

 

104 

 

 

103 

 

 

Series A Common Shares

 

7 

 

 

7 

 

 

 

Total

 

111 

 

 

110 

 

 

 

 

 

 

 

 

 

 

Effects of dilutive securities

 

2 

 

 

2 

Weighted average number of shares used in diluted

 

 

 

 

 

 

earnings per share

 

113 

 

 

112 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share available to TDS common

 

 

 

 

 

 

shareholders

$

0.35 

 

$

0.34 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share available to TDS common

 

 

 

 

 

 

shareholders

$

0.34 

 

$

0.33