Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Earnings per share

The amounts used in computing basic and diluted earnings per share attributable to TDS shareholders were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
(Dollars and shares in millions, except per share amounts)
Net income attributable to TDS shareholders used in basic earnings per share	$	78	$	18	$	212	$	110
Adjustments to compute diluted earnings:
Noncontrolling interest adjustment	(2)		(1)		(3)		(2)
Net income attributable to TDS shareholders used in diluted earnings per share	$	76	$	17	$	209	$	108
Weighted average number of shares used in basic earnings per share:
Common Shares	107		108		107		107
Series A Common Shares	7		7		7		7
Total	114		115		114		114
Effects of dilutive securities	1		1		1		2
Weighted average number of shares used in diluted earnings per share	115		116		115		116
Basic earnings per share attributable to TDS shareholders	$	0.68	$	0.15	$	1.85	$	0.96
Diluted earnings per share attributable to TDS shareholders	$	0.66	$	0.15	$	1.81	$	0.93