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 $ 182 $ 144  
Accounts receivable 863 905  
Inventory, net 178 179  
Other current assets 25 21  
Licenses 4,581 4,579  
Property, plant and equipment, net 2,394 2,502  
Operating lease right-of-use assets 925 926  
Other assets and deferred charges 612 643  
Assets 10,365 [1] 10,449 [1] $ 10,704
Liabilities      
Current liabilities 807 884  
Long-term operating lease liabilities 824 822  
Other deferred liabilities and credits 570 570  
Consolidated Variable Interest Entities      
Assets      
Cash and cash equivalents 37 51  
Accounts receivable 616 641  
Inventory, net 4 5  
Other current assets 19 16  
Licenses 641 641  
Property, plant and equipment, net 125 131  
Operating lease right-of-use assets 50 50  
Other assets and deferred charges 419 447  
Assets 1,911 1,982  
Liabilities      
Current liabilities 36 37  
Long-term operating lease liabilities 43 43  
Other deferred liabilities and credits 30 30  
Total liabilities $ 109 $ 110  
[1] The consolidated total assets as of March 31, 2025 and December 31, 2024, include assets held by consolidated variable interest entities (VIEs) of $1,050 million and $1,011 million, respectively, which are not available to be used to settle the obligations of UScellular. The consolidated total liabilities as of March 31, 2025 and December 31, 2024, include certain liabilities of consolidated VIEs of $26 million and $27 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of UScellular. See Note 9 — Variable Interest Entities for additional information.