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Business Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Business Segment Information
Note 19 Business Segment Information
UScellular and TDS Telecom are billed for services they receive from TDS, consisting primarily of information processing, accounting, finance, and general management services. Such billings are based on expenses specifically identified to UScellular and TDS Telecom and on allocations of common expenses. Management believes the method used to allocate common expenses is reasonable and that all expenses and costs applicable to UScellular and TDS Telecom are reflected in the accompanying business segment information.
Financial data for TDS’ reportable segments for 2023, 2022 and 2021, is as follows. See Note 1 — Summary of Significant Accounting Policies for additional information.
Year Ended or as of December 31, 2023UScellularTDS
Telecom
Corporate,
Eliminations
and Other
Total
(Dollars in millions)    
Operating revenues    
Service$3,044 $1,027 $98 $4,169 
Equipment and product sales862 1 128 991 
Total operating revenues3,906 1,028 226 5,160 
Cost of services (excluding Depreciation, amortization and accretion reported below)740 423 77 1,240 
Cost of equipment and products988 — 106 1,094 
Selling, general and administrative1,368 326 59 1,753 
Depreciation, amortization and accretion656 245 14 915 
Loss on impairment of intangible assets— 547 — 547 
(Gain) loss on asset disposals, net17 10 — 27 
(Gain) loss on license sales and exchanges, net(2)— — (2)
Operating income (loss)139 (523)(30)(414)
Equity in earnings of unconsolidated entities158 — 1 159 
Interest and dividend income10 4 6 20 
Interest expense(196)8 (56)(244)
Other, net— 2 — 2 
Income (loss) before income taxes111 (509)(79)(477)
Income tax expense (benefit)53 (26)(17)10 
Net income (loss)58 (483)(62)(487)
Add back:
Depreciation, amortization and accretion656 245 14 915 
Expenses related to strategic alternatives review8 — 5 13 
Loss on impairment of intangible assets— 547 — 547 
(Gain) loss on asset disposals, net17 10 — 27 
(Gain) loss on license sales and exchanges, net(2)— — (2)
Interest expense196 (8)56 244 
Income tax expense (benefit)53 (26)(17)10 
Adjusted EBITDA1
$986 $285 $(4)$1,267 
Investments in unconsolidated entities$461 $4 $40 $505 
Total assets$10,750 $2,864 $307 $13,921 
Capital expenditures$611 $577 $9 $1,197 
Year Ended or as of December 31, 2022UScellularTDS
Telecom
Corporate,
Eliminations
and Other
Total
(Dollars in millions)    
Operating revenues    
Service$3,125 $1,019 $96 $4,240 
Equipment and product sales1,044 1 128 1,173 
Total operating revenues4,169 1,020 224 5,413 
Cost of services (excluding Depreciation, amortization and accretion reported below)755 418 72 1,245 
Cost of equipment and products1,216 1 103 1,320 
Selling, general and administrative1,408 313 47 1,768 
Depreciation, amortization and accretion700 215 14 929 
Loss on impairment of intangible assets3 — — 3 
(Gain) loss on asset disposals, net19 7 1 27 
(Gain) loss on sale of business and other exit costs, net(1)— — (1)
Operating income (loss)69 66 (13)122 
Equity in earnings of unconsolidated entities158 — 1 159 
Interest and dividend income8 2 7 17 
Interest expense(163)7 (18)(174)
Other, net— 1 — 1 
Income (loss) before income taxes72 76 (23)125 
Income tax expense (benefit)37 23 (7)53 
Net income (loss)35 53 (16)72 
Add back:
Depreciation, amortization and accretion700 215 14 929 
Loss on impairment of intangible assets3 — — 3 
(Gain) loss on asset disposals, net19 7 1 27 
(Gain) loss on sale of business and other exit costs, net(1)— — (1)
Interest expense163 (7)18 174 
Income tax expense (benefit)37 23 (7)53 
Adjusted EBITDA1
$956 $291 $10 $1,257 
Investments in unconsolidated entities$452 $4 $39 $495 
Total assets$11,119 $3,056 $375 $14,550 
Capital expenditures$717 $556 $12 $1,285 
Year Ended or as of December 31, 2021UScellularTDS
Telecom		Corporate,
Eliminations
and Other		Total
(Dollars in millions)    
Operating revenues    
Service$3,115 $1,005 $96 $4,216 
Equipment and product sales1,007 1 105 1,113 
Total operating revenues4,122 1,006 201 5,329 
Cost of services (excluding Depreciation, amortization and accretion reported below)790 404 73 1,267 
Cost of equipment and products1,118 1 86 1,205 
Selling, general and administrative1,345 291 41 1,677 
Depreciation, amortization and accretion678 198 19 895 
(Gain) loss on asset disposals, net23 2 1 26 
(Gain) loss on sale of business and other exit costs, net(2)— — (2)
Operating income (loss)170 110 (19)261 
Equity in earnings of unconsolidated entities179 — 3 182 
Interest and dividend income6 1 4 11 
Interest expense(175)5 (62)(232)
Other, net— (1)— (1)
Income (loss) before income taxes180 114 (73)221 
Income tax expense (benefit)20 24 (11)33 
Net income (loss)160 90 (62)188 
Add back:
Depreciation, amortization and accretion678 198 19 895 
(Gain) loss on asset disposals, net23 2 1 26 
(Gain) loss on sale of business and other exit costs, net(2)— — (2)
Interest expense175 (5)62 232 
Income tax expense (benefit)20 24 (11)33 
Adjusted EBITDA1
$1,054 $310 $8 $1,372 
Investments in unconsolidated entities$439 $4 $36 $479 
Total assets$10,341 $2,645 $507 $13,493 
Capital expenditures$780 $411 $10 $1,201 
Numbers may not foot due to rounding.
1Adjusted earnings before interest, taxes, depreciation, amortization and accretion (Adjusted EBITDA) is a segment measure reported to the chief operating decision maker for purposes of assessing the segments' performance. Adjusted EBITDA is defined as net income, adjusted for the items set forth in the reconciliation above. TDS believes Adjusted EBITDA is a useful measure of TDS’ operating results before significant recurring non-cash charges, gains and losses, and other items as presented above as it provides additional relevant and useful information to investors and other users of TDS' financial data in evaluating the effectiveness of its operations and underlying business trends in a manner that is consistent with management's evaluation of business performance.