v3.26.1
Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands
Total
Series A Common and Common shares
Capital in excess of par value
Preferred Shares
Treasury shares
Accumulated other comprehensive income (loss)
Retained earnings
Total TDS shareholders' equity
Noncontrolling interests
Beginning balance at Dec. 31, 2024 $ 5,868,012 $ 1,332 $ 2,574,042 $ 1,073,963 $ (425,342) $ 18,238 $ 1,849,009 $ 5,091,242 $ 776,770
Net income attributable to TDS shareholders 19,042           19,042 19,042  
Net income attributable to noncontrolling interests classified as equity 10,120             0 10,120
Other comprehensive income (loss) (643)         (643)   (643)  
TDS Common and Series A Common share dividends (9,217)           (9,217) (9,217)  
TDS Preferred share dividends (34,613)           (34,613) (34,613)  
Dividend reinvestment plan 348   189   159   0 348  
Incentive and compensation plans (8,581)   15,128   35,717   (59,426) (8,581)  
Adjust investment in subsidiaries for issuances, acquisitions and other compensation plans (26,840)   (53,425)         (53,425) 26,585
Distributions to noncontrolling interests (2,391)             0 (2,391)
Ending balance at Jun. 30, 2025 5,815,237 1,332 2,535,934 1,073,963 (389,466) 17,595 1,764,795 5,004,153 811,084
Beginning balance at Mar. 31, 2025 5,851,511 1,332 2,580,615 1,073,963 (413,969) 17,918 1,818,476 5,078,335 773,176
Net income attributable to TDS shareholders 11,571           11,571 11,571  
Net income attributable to noncontrolling interests classified as equity 6,214             0 6,214
Other comprehensive income (loss) (323)         (323)   (323)  
TDS Common and Series A Common share dividends (4,628)           (4,628) (4,628)  
TDS Preferred share dividends (17,306)           (17,306) (17,306)  
Dividend reinvestment plan 174   97   77     174  
Incentive and compensation plans (14,784)   4,108   24,426   (43,318) (14,784)  
Adjust investment in subsidiaries for issuances, acquisitions and other compensation plans (16,440)   (48,886)         (48,886) 32,446
Distributions to noncontrolling interests (752)             0 (752)
Ending balance at Jun. 30, 2025 5,815,237 1,332 2,535,934 1,073,963 (389,466) 17,595 1,764,795 5,004,153 811,084
Beginning balance at Dec. 31, 2025 5,267,353 1,332 2,483,654 1,073,963 (473,072) 21,506 1,694,224 4,801,607 465,746
Net income attributable to TDS shareholders 442,961           442,961 442,961  
Net income attributable to noncontrolling interests classified as equity 100,435             0 100,435
Other comprehensive income (loss) (822)         (822)   (822)  
TDS Common and Series A Common share dividends (9,158)           (9,158) (9,158)  
Array dividends paid to noncontrolling public shareholders (332,480)             0 (332,480)
TDS Preferred share dividends (34,613)           (34,613) (34,613)  
Dividend reinvestment plan 210   118   92     210  
Incentive and compensation plans (26,299)   7,849   37,077   (71,225) (26,299)  
Adjust investment in subsidiaries for issuances, acquisitions and other compensation plans (1,833)   (3,249)         (3,249) 1,416
Distributions to noncontrolling interests (3,540)             0 (3,540)
Ending balance at Jun. 30, 2026 5,402,214 1,332 2,488,372 1,073,963 (435,903) 20,684 2,022,189 5,170,637 231,577
Beginning balance at Mar. 31, 2026 5,262,898 1,332 2,485,605 1,073,963 (471,232) 21,095 1,813,519 4,924,282 338,616
Net income attributable to TDS shareholders 298,366           298,366 298,366  
Net income attributable to noncontrolling interests classified as equity 67,991             0 67,991
Other comprehensive income (loss) (411)         (411)   (411)  
TDS Common and Series A Common share dividends (4,605)           (4,605) (4,605)  
Array dividends paid to noncontrolling public shareholders (172,589)             0 (172,589)
TDS Preferred share dividends (17,306)           (17,306) (17,306)  
Dividend reinvestment plan 147   98   49     147  
Incentive and compensation plans (28,595)   3,910   35,280   (67,785) (28,595)  
Adjust investment in subsidiaries for issuances, acquisitions and other compensation plans (780)   (1,241)         (1,241) 461
Distributions to noncontrolling interests (2,902)             0 (2,902)
Ending balance at Jun. 30, 2026 $ 5,402,214 $ 1,332 $ 2,488,372 $ 1,073,963 $ (435,903) $ 20,684 $ 2,022,189 $ 5,170,637 $ 231,577