v3.25.1
Variable Interest Entities - Consolidated Balance Sheet (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Assets      
Cash and cash equivalents $ 348 $ 364  
Accounts receivable 921 962  
Inventory, net 182 183  
Other current assets 38 33  
Licenses 4,590 4,588  
Property, plant and equipment, net 4,871 4,994  
Operating lease right-of-use assets 978 982  
Other assets and deferred charges 729 762  
Total assets 13,536 [1] 13,682 [1] $ 13,866
Liabilities      
Current liabilities 960 1,090  
Long-term operating lease liabilities 867 867  
Other deferred liabilities and credits 807 809  
Consolidated Variable Interest Entities      
Assets      
Cash and cash equivalents 37 51  
Accounts receivable 614 639  
Inventory, net 4 5  
Other current assets 19 16  
Licenses 639 639  
Property, plant and equipment, net 108 113  
Operating lease right-of-use assets 46 46  
Other assets and deferred charges 417 446  
Total assets 1,884 1,955  
Liabilities      
Current liabilities 33 34  
Long-term operating lease liabilities 39 39  
Other deferred liabilities and credits 26 27  
Total liabilities $ 98 $ 100  
[1] The consolidated total assets as of March 31, 2025 and December 31, 2024, include assets held by consolidated variable interest entities (VIEs) of $1,023 million and $983 million, respectively, which are not available to be used to settle the obligations of TDS. The consolidated total liabilities as of March 31, 2025 and December 31, 2024, include certain liabilities of consolidated VIEs of $23 million and $24 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.