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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 132 $ 155
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities    
Depreciation, amortization and accretion 697 662
Bad debts expense 80 71
Stock-based compensation expense 47 37
Deferred income taxes, net 23 31
Equity in earnings of unconsolidated entities (129) (121)
Distributions from unconsolidated entities 100 91
(Gain) loss on asset disposals, net 5 3
(Gain) loss on sale of business and other exit costs, net (1) 0
(Gain) loss on license sales and exchanges, net 0 (18)
Other operating activities 4 3
Changes in assets and liabilities from operations    
Accounts receivable (42) (5)
Equipment installment plans receivable (42) (88)
Inventory 3 13
Accounts payable (4) 13
Customer deposits and deferred revenues (2) (7)
Accrued taxes 37 (3)
Accrued interest 9 11
Other assets and liabilities (43) (36)
Net cash provided by operating activities 874 812
Cash flows from investing activities    
Cash paid for additions to property, plant and equipment (631) (447)
Cash paid for acquisitions and licenses (257) (10)
Cash received from investments 29 100
Cash paid for investments (11) 0
Cash received from divestitures and exchanges 32 28
Other investing activities 1 4
Net cash used in investing activities (837) (325)
Cash flows from financing activities    
Repayment of long-term debt (16) (15)
TDS Common Shares reissued for benefit plans, net of tax payments (6)  
TDS Common Shares reissued for benefit plans, net of tax payments   27
U.S. Cellular Common Shares reissued for benefit plans, net of tax payments (8)  
U.S. Cellular Common Shares reissued for benefit plans, net of tax payments   7
Repurchase of U.S. Cellular Common Shares (21) 0
Dividends paid to TDS shareholders (57) (54)
Distributions to noncontrolling interests (3) (5)
Other financing activities 8 (2)
Net cash used in financing activities (103) (42)
Net increase (decrease) in cash, cash equivalents and restricted cash (66) 445
Cash, cash equivalents and restricted cash    
Beginning of period 927 622
End of period $ 861 $ 1,067