Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

The amounts used in computing basic and diluted earnings per share attributable to TDS common shareholders were as follows:


	Three Months Ended March 31,
	2021		2020
(Dollars and shares in millions, except per share amounts)
Net income attributable to TDS common shareholders used in basic earnings per share	$	57	$	69
Adjustments to compute diluted earnings:
Noncontrolling interest adjustment	(1)		(1)
Net income attributable to TDS common shareholders used in diluted earnings per share	$	56	$	68

Weighted average number of shares used in basic earnings per share:
Common Shares	107		108
Series A Common Shares	7		7
Total	114		115

Effects of dilutive securities	2		1
Weighted average number of shares used in diluted earnings per share	116		116

Basic earnings per share attributable to TDS common shareholders	$	0.49	$	0.60

Diluted earnings per share attributable to TDS common shareholders	$	0.48	$	0.59