Consolidated Balance Sheet - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents		$ 834	$ 921
Short-term investments		18	17
Accounts receivable
Customers and agents, less allowances of $70 and $71, respectively		969	992
Other, less allowances of $2 and $2, respectively		113	107
Inventory, net		154	150
Prepaid expenses		95	103
Income taxes receivable		17	12
Other current assets		28	28
Total current assets		2,228	2,330
Assets held for sale		0	54
Licenses		2,478	2,195
Goodwill		509	509
Other intangible assets, net of accumulated amortization of $180 and $168, respectively		241	253
Investments in unconsolidated entities		490	480
Property, plant and equipment
In service and under construction		12,348	12,074
Less: Accumulated depreciation and amortization		9,030	8,728
Property, plant and equipment, net		3,318	3,346
Operating lease right-of-use assets		963	0
Other assets and deferred charges		568	616
Total assets	[1]	10,795	9,783
Current liabilities
Current portion of long-term debt		21	21
Accounts payable		367	365
Customer deposits and deferred revenues		205	197
Accrued interest		13	11
Accrued taxes		45	44
Accrued compensation		77	127
Short-term operating lease liabilities		112	0
Other current liabilities		85	114
Total current liabilities		925	879
Liabilities held for sale		0	1
Deferred liabilities and credits
Deferred income tax liability, net		681	640
Long-term operating lease liabilities		927	0
Other deferred liabilities and credits		450	541
Long-term debt, net		2,409	2,418
Commitments and contingencies
Noncontrolling interests with redemption features		10	11
TDS shareholders’ equity
Series A Common and Common Shares Authorized 290 shares (25 Series A Common and 265 Common Shares) Issued 133 shares (7 Series A Common and 126 Common Shares) Outstanding 114 shares (7 Series A Common and 107 Common Shares) Par Value ($.01 per share)		1	1
Capital in excess of par value		2,438	2,432
Treasury shares, at cost, 18 and 19 Common Shares, respectively		(488)	(519)
Accumulated other comprehensive loss		(10)	(10)
Retained earnings		2,684	2,656
Total TDS shareholders' equity		4,625	4,560
Noncontrolling interests		768	733
Total equity		5,393	5,293
Total liabilities and equity	[1]	$ 10,795	$ 9,783

[1] The consolidated total assets as of June 30, 2019 and December 31, 2018, include assets held by consolidated variable interest entities (VIEs) of $903 million and $848 million, respectively, which are not available to be used to settle the obligations of TDS. The consolidated total liabilities as of June 30, 2019 and December 31, 2018, include certain liabilities of consolidated VIEs of $17 million and $21 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of TDS. See Note 9 — Variable Interest Entities for additional information.