v3.25.1
Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Accounts receivable    
Customer and agent allowances $ 58 $ 63
Other allowances $ 2 $ 2
UScellular shareholders’ equity    
Authorized shares (in shares) 190,000,000 190,000,000
Issued shares (in shares) 88,000,000 88,000,000
Outstanding shares (in shares) 85,000,000 85,000,000
Par value $ 88 $ 88
Variable Interest Entities VIEs    
Assets [1] $ 10,365 $ 10,449
Series A Common Shares    
UScellular shareholders’ equity    
Authorized shares (in shares) 50,000,000 50,000,000
Issued shares (in shares) 33,000,000 33,000,000
Outstanding shares (in shares) 33,000,000 33,000,000
Par value per share (USD per share) $ 1.00 $ 1.00
Par value $ 33 $ 33
Common Shares    
UScellular shareholders’ equity    
Authorized shares (in shares) 140,000,000 140,000,000
Issued shares (in shares) 55,000,000 55,000,000
Outstanding shares (in shares) 52,000,000 52,000,000
Par value per share (USD per share) $ 1.00 $ 1.00
Par value $ 55 $ 55
Treasury shares 3,000,000 3,000,000
Consolidated Variable Interest Entities    
Variable Interest Entities VIEs    
Assets $ 1,911 $ 1,982
Liabilities 109 110
Consolidated Variable Interest Entities | No recourse    
Variable Interest Entities VIEs    
Liabilities 26 27
Consolidated Variable Interest Entities | Assets held    
Variable Interest Entities VIEs    
Assets $ 1,050 $ 1,011
[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.