Consolidated Balance Sheet - USD ($) shares in Millions, $ in Millions		Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents		$ 540	$ 364
Accounts receivable
Customers and agents, less allowances of $58 and $68, respectively		920	962
Other, less allowances of $2 and $2, respectively		86	79
Inventory, net		130	183
Prepaid expenses		76	72
Income taxes receivable		2	2
Other current assets		32	33
Total current assets		1,786	1,695
Licenses		4,592	4,588
Other intangible assets, net of accumulated amortization of $143 and $128, respectively		146	161
Investments in unconsolidated entities		493	500
Property, plant and equipment
In service and under construction		14,468	14,363
Less: Accumulated depreciation and amortization		9,660	9,369
Property, plant and equipment, net		4,808	4,994
Operating lease right-of-use assets		975	982
Other assets and deferred charges		726	762
Total assets	[1]	13,526	13,682
Current liabilities
Current portion of long-term debt		37	31
Accounts payable		268	280
Customer deposits and deferred revenues		270	283
Accrued interest		15	16
Accrued taxes		39	39
Accrued compensation		97	150
Short-term operating lease liabilities		148	153
Other current liabilities		127	138
Total current liabilities		1,001	1,090
Deferred liabilities and credits
Deferred income tax liability, net		982	981
Long-term operating lease liabilities		867	867
Other deferred liabilities and credits		815	809
Long-term debt, net		4,030	4,051
Commitments and contingencies
Noncontrolling interests with redemption features		16	16
TDS shareholders’ equity
Series A Common and Common Shares Authorized 290 shares (25 Series A Common and 265 Common Shares) Issued 133 shares (7 Series A Common and 126 Common Shares) Outstanding 115 shares (7 Series A Common and 108 Common Shares) and 114 shares (7 Series A Common and 107 Common Shares), respectively Par Value ($.01 per share)		1	1
Capital in excess of par value		2,535	2,574
Preferred Shares, 0.279 shares authorized, par value $0.01 per share, 0.0444 shares outstanding (0.0168 Series UU and 0.0276 Series VV)		1,074	1,074
Treasury shares, at cost, 18 and 19 Common Shares, respectively		(389)	(425)
Accumulated other comprehensive income		18	18
Retained earnings		1,765	1,849
Total TDS shareholders' equity		5,004	5,091
Noncontrolling interests		811	777
Total equity		5,815	5,868
Total liabilities and equity	[1]	$ 13,526	$ 13,682
Common Stock, Shares, Outstanding		115	114

[1] The consolidated total assets as of June 30, 2025 and December 31, 2024, include assets held by consolidated variable interest entities (VIEs) of $850 million and $983 million, respectively, which are not available to be used to settle the obligations of TDS. The consolidated total liabilities as of June 30, 2025 and December 31, 2024, include certain liabilities of consolidated VIEs of $24 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.