v3.25.1
Consolidated Statement of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating revenues    
Total operating revenues $ 1,154 $ 1,262
Operating expenses    
Selling, general and administrative 425 424
Depreciation, amortization and accretion 234 234
(Gain) loss on asset disposals, net 4 7
(Gain) loss on sale of business and other exit costs, net (1) 0
(Gain) loss on license sales and exchanges, net (1) (1)
Total operating expenses 1,119 1,195
Operating income 35 67
Other income (expense)    
Equity in earnings of unconsolidated entities 37 42
Interest and dividend income 6 5
Interest expense (61) (57)
Other, net 3 1
Total other expense (15) (9)
Income before income taxes 20 58
Income tax expense 8 20
Net income 12 38
Less: Net income attributable to noncontrolling interests, net of tax 5 9
Net income attributable to TDS shareholders 7 29
TDS Preferred Share dividends 17 17
Net income (loss) attributable to TDS common shareholders $ (10) $ 12
Basic weighted average shares outstanding (in shares) 115 113
Basic earnings (loss) per share attributable to TDS common shareholders $ (0.09) $ 0.11
Diluted weighted average shares outstanding (in shares) 115 117
Diluted earnings (loss) per share attributable to TDS common shareholders $ (0.09) $ 0.10
Service    
Operating revenues    
Total operating revenues $ 997 $ 1,044
Operating expenses    
Cost of goods and services 276 298
Equipment and product sales    
Operating revenues    
Total operating revenues 157 218
Operating expenses    
Cost of goods and services $ 182 $ 233