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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
The following table summarizes the relationship between the compensation paid to our Chief Executive Officer(s) (referred to in this discussion as our “PEO(s)”) and the other Named Executive Officers (referred to in this discussion as our
“Non-PEO
NEOs”) and our financial performance for the fiscal years shown in the table below.
 
Year
(1)
 
Summary
Compensation
Table Total for
PEO
(Mr. Sievert)
($)
   
Summary
Compensation
Table Total for
PEO
(Mr. Legere)
($)
   
Compensation
Actually Paid
to PEO
(Mr. Sievert)
($)
(2)
 
(3
)
   
Compensation
Actually Paid
to PEO
(Mr. Legere)
($)
(2)
 
(3)
   
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
(2)

($)
   
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
($)
(2)
 
(3)
   
Value of Initial Fixed $100
Investment Based on:
   
Net
Income
(millions)
($)
   
Company
Selected Financial
Measure
(Adj. Free
Cash Flow)
(5)

(millions)
($)
 
 
TMUS Total
Shareholder
Return
($)
(4)
   
Peer Group
Total
Shareholder
Return
(4)

($)
 
(a)
 
(b)
   
(b)
   
(c)
   
(c)
   
(d)
   
(e)
   
(f)
   
(g)
   
(h)
   
(i)
 
2024
    30,040,245             70,190,679             9,778,552       20,462,125       287       109       11,339       17,032  
2023
    37,488,851             55,021,146             10,759,665       13,633,451       206       84       8,317       13,586  
2022
    29,060,048             86,602,023             10,461,699       21,148,334       179       81       2,590       7,656  
2021
    22,610,659             (15,052,969           9,689,891       3,906,500       148       86       3,024       5,646  
2020
    54,914,014       137,195,887       143,189,517       159,658,024       15,474,100       36,420,755       172       94       3,064       3,001  
 
1
In accordance with applicable SEC rules, since Messrs. Legere and Sievert both served as Chief Executive Officer during 2020, they are each included in the table above and corresponding footnotes as a PEO. Accordingly, the PEOs and
Non-PEO
NEOs for the applicable years were as follows:
 
 Year
  
PEO
  
Non-PEO NEOs
 2024
   G. Michael Sievert    Peter Osvaldik, Mark W. Nelson, Michael J. Katz, Jonathan A. Freier, Callie R. Field
 2023
   G. Michael Sievert    Peter Osvaldik, Mark W. Nelson, Michael J. Katz, Jonathan A. Freier, Callie R. Field
 2022
   G. Michael Sievert    Peter Osvaldik, Neville R. Ray, Mark W. Nelson, Peter A. Ewens, Brandon D. Draper
 2021
   G. Michael Sievert    Peter Osvaldik, Neville R. Ray, Mark W. Nelson, Peter A. Ewens, David A. Miller
 2020
   G. Michael Sievert & John J. Legere    Peter Osvaldik, Neville R. Ray, Peter A. Ewens, David A. Miller, David R. Carey
 
2
The Summary Compensation Table totals reported for the PEOs and the average of the
Non-PEO
NEOs for each fiscal year were subject to the following adjustments per Item 402(v)(2)(iii) of Regulation
S-K
to calculate “Compensation Actually Paid”:
 
    
2024
 
    
Mr. Sievert
($)
    
Average
Non-PEO

NEOs ($)
 
Summary Compensation Table Total
     30,040,245        9,778,552  
Adjustments
                 
Deduction for Amounts Reported under the “Stock Awards” Column in the Summary Compensation Table for Applicable Fiscal Year
     (20,422,982      (6,051,854
Increase in Fair Value of Awards Granted during Applicable Fiscal Year that Remain Unvested as of Applicable Fiscal Year that Remained Outstanding and Unvested as of Applicable Fiscal Year End
     30,582,514        9,062,396  
Increase for Fair Value of Awards Granted during Prior Fiscal Year that Remained Outstanding and Unvested as of Applicable Fiscal Year End, determined based on change in ASC 718 Fair Value from Prior Fiscal Year End to Applicable Fiscal Year End
     30,039,861        6,736,393  
Deduction/Increase in Fair Value of Awards Granted during Prior Fiscal Year that Vested During Applicable Fiscal Year, determined based on change in ASC 718 Fair Value from Prior Fiscal Year End to Vesting Date
     (48,959      936,639  
TOTAL ADJUSTMENTS
     40,150,434        10,683,573  
Compensation Actually Paid
     70,190,679        20,462,125  
 
3
“Compensation Actually Paid” excludes the Stock Awards column from the relevant fiscal year’s Summary Compensation Table total. The equity values utilized in determining “Compensation Actually Paid” instead reflect the aggregate of the following components, as applicable: (i) the fair value as of the end of the listed fiscal year of unvested equity awards granted in that year; (ii) the change in fair value during the listed fiscal year of equity awards granted in prior years that remained outstanding and unvested at the end of the listed fiscal year; and (iii) the change in fair value during the listed fiscal year through the vesting date of equity awards granted in prior years that vested during the listed fiscal year, less the fair value at the end of the prior year of awards granted prior to the listed fiscal year that failed to meet applicable vesting conditions during the listed fiscal year. Equity values are calculated in accordance with ASC Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant. For additional information regarding the valuation assumptions used to calculate the fair value of our equity awards, please see the notes to our financial statements in our Annual Report on Form
10-K
for the applicable fiscal year.
 
 
4
TMUS Total Shareholder Return represents cumulative TSR on a fixed investment of $100 in our common stock for the period beginning on the last trading day of 2019 through the end of the relevant fiscal year, assuming reinvestment of all dividends. Peer Group TSR represents the cumulative TSR on a fixed investment of $100 (the “Peer Group TSR”) of the Dow Jones U.S. Telecommunications Index for the period beginning on the last trading day of 2019 through the end of the relevant fiscal year, assuming reinvestment of all dividends. The values included in the columns titled “Compensation Actually Paid” to our PEO and the
Non-PEO
NEOs, calculated in accordance with SEC disclosure rules, in each of the fiscal years reported above and over the four-year cumulative period shows how the compensation awarded fluctuated year-over-year, primarily based on our stock price as of the last day of the listed fiscal year, among other factors.
5
The Company has identified Adjusted Free Cash Flow as the company-selected measure for the pay versus performance disclosure, as it represents the most important financial performance measure used to link compensation actually paid to the PEO and the
Non-PEO
NEOs in 2024 to the Company’s performance. For the year ended December 31, 2020, Adjusted Free Cash Flow excluded gross payments for the settlement of interest rate swaps. See Appendix A to this Proxy Statement for a reconciliation of Adjusted Free Cash Flow, and Adjusted Free Cash Flow, excluding gross payments for the settlement of interest rate swaps, non-GAAP measures, to the most directly comparable GAAP measure.
       
Company Selected Measure Name Adjusted Free Cash Flow        
Named Executive Officers, Footnote
1
In accordance with applicable SEC rules, since Messrs. Legere and Sievert both served as Chief Executive Officer during 2020, they are each included in the table above and corresponding footnotes as a PEO. Accordingly, the PEOs and
Non-PEO
NEOs for the applicable years were as follows:
 
 Year
  
PEO
  
Non-PEO NEOs
 2024
   G. Michael Sievert    Peter Osvaldik, Mark W. Nelson, Michael J. Katz, Jonathan A. Freier, Callie R. Field
 2023
   G. Michael Sievert    Peter Osvaldik, Mark W. Nelson, Michael J. Katz, Jonathan A. Freier, Callie R. Field
 2022
   G. Michael Sievert    Peter Osvaldik, Neville R. Ray, Mark W. Nelson, Peter A. Ewens, Brandon D. Draper
 2021
   G. Michael Sievert    Peter Osvaldik, Neville R. Ray, Mark W. Nelson, Peter A. Ewens, David A. Miller
 2020
   G. Michael Sievert & John J. Legere    Peter Osvaldik, Neville R. Ray, Peter A. Ewens, David A. Miller, David R. Carey
       
Peer Group Issuers, Footnote Peer Group TSR represents the cumulative TSR on a fixed investment of $100 (the “Peer Group TSR”) of the Dow Jones U.S. Telecommunications Index for the period beginning on the last trading day of 2019 through the end of the relevant fiscal year, assuming reinvestment of all dividends.        
PEO Total Compensation Amount $ 9,778,552        
PEO Actually Paid Compensation Amount $ 20,462,125        
Adjustment To PEO Compensation, Footnote
2
The Summary Compensation Table totals reported for the PEOs and the average of the
Non-PEO
NEOs for each fiscal year were subject to the following adjustments per Item 402(v)(2)(iii) of Regulation
S-K
to calculate “Compensation Actually Paid”:
 
    
2024
 
    
Mr. Sievert
($)
    
Average
Non-PEO

NEOs ($)
 
Summary Compensation Table Total
     30,040,245        9,778,552  
Adjustments
                 
Deduction for Amounts Reported under the “Stock Awards” Column in the Summary Compensation Table for Applicable Fiscal Year
     (20,422,982      (6,051,854
Increase in Fair Value of Awards Granted during Applicable Fiscal Year that Remain Unvested as of Applicable Fiscal Year that Remained Outstanding and Unvested as of Applicable Fiscal Year End
     30,582,514        9,062,396  
Increase for Fair Value of Awards Granted during Prior Fiscal Year that Remained Outstanding and Unvested as of Applicable Fiscal Year End, determined based on change in ASC 718 Fair Value from Prior Fiscal Year End to Applicable Fiscal Year End
     30,039,861        6,736,393  
Deduction/Increase in Fair Value of Awards Granted during Prior Fiscal Year that Vested During Applicable Fiscal Year, determined based on change in ASC 718 Fair Value from Prior Fiscal Year End to Vesting Date
     (48,959      936,639  
TOTAL ADJUSTMENTS
     40,150,434        10,683,573  
Compensation Actually Paid
     70,190,679        20,462,125  
       
Non-PEO NEO Average Total Compensation Amount $ 9,778,552 $ 10,759,665 $ 10,461,699 $ 9,689,891 $ 15,474,100
Non-PEO NEO Average Compensation Actually Paid Amount $ 20,462,125 13,633,451 21,148,334 3,906,500 36,420,755
Adjustment to Non-PEO NEO Compensation Footnote
2
The Summary Compensation Table totals reported for the PEOs and the average of the
Non-PEO
NEOs for each fiscal year were subject to the following adjustments per Item 402(v)(2)(iii) of Regulation
S-K
to calculate “Compensation Actually Paid”:
 
    
2024
 
    
Mr. Sievert
($)
    
Average
Non-PEO

NEOs ($)
 
Summary Compensation Table Total
     30,040,245        9,778,552  
Adjustments
                 
Deduction for Amounts Reported under the “Stock Awards” Column in the Summary Compensation Table for Applicable Fiscal Year
     (20,422,982      (6,051,854
Increase in Fair Value of Awards Granted during Applicable Fiscal Year that Remain Unvested as of Applicable Fiscal Year that Remained Outstanding and Unvested as of Applicable Fiscal Year End
     30,582,514        9,062,396  
Increase for Fair Value of Awards Granted during Prior Fiscal Year that Remained Outstanding and Unvested as of Applicable Fiscal Year End, determined based on change in ASC 718 Fair Value from Prior Fiscal Year End to Applicable Fiscal Year End
     30,039,861        6,736,393  
Deduction/Increase in Fair Value of Awards Granted during Prior Fiscal Year that Vested During Applicable Fiscal Year, determined based on change in ASC 718 Fair Value from Prior Fiscal Year End to Vesting Date
     (48,959      936,639  
TOTAL ADJUSTMENTS
     40,150,434        10,683,573  
Compensation Actually Paid
     70,190,679        20,462,125  
       
Compensation Actually Paid vs. Total Shareholder Return
Relationship Between Compensation Actually Paid to Mr. Sievert and the Average of the Compensation Actually Paid to the
Non-PEO
NEOs and the Company’s Cumulative TSR.
From 2020 to 2024, the compensation actually paid to our PEO and the average of the compensation actually paid to the
Non-PEO
NEOs decreased by 51% and 44%, respectively, compared to a 187% increase in our TSR over the same time period.
       
Compensation Actually Paid vs. Net Income
Relationship Between Compensation Actually Paid to Mr. Sievert and the Average of the Compensation Actually Paid to the
Non-PEO
NEOs and the Company’s Net Income.
From 2020 to 2024, the compensation actually paid to our PEO and the average of the compensation actually paid to the
Non-PEO
NEOs decreased by 51% and 44%, respectively, compared to a 270% increase in our Net Income over the same time period.
       
Compensation Actually Paid vs. Company Selected Measure
Relationship Between Compensation Actually Paid to Mr. Sievert and the Average of the Compensation Actually Paid to the
Non-PEO
NEOs and the Company’s Adjusted Free Cash Flow.
From 2020 to 2024, the compensation actually paid to our PEO and the average of the compensation actually paid to the
Non-PEO
NEOs decreased by 51% and 44%, respectively, compared to a 468% increase in our Adjusted Free Cash Flow over the same time period.
       
Total Shareholder Return Vs Peer Group
Relationship Between the Company’s TSR and the Peer Group TSR.
Peer Group TSR increased by 9% from 2020 to 2024 as compared to the Company’s TSR, which increased by 187% over the same time period. As the values change considerably from
year-to-year
based on stock price performance, they further demonstrate the
“pay-for-performance”
compensation philosophy of our executive compensation program. As the table demonstrates, the compensation of our PEO and the
Non-PEO
NEOs is higher when our stock price performs well, and lower when the stock price does not perform as well, demonstrating the clear alignment of interests of our PEO and the
Non-PEO
NEOs and our stockholders.
       
Tabular List, Table
PAY VERSUS PERFORMANCE TABULAR LIST
We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2024:
 
 
 
Service Revenue;
 
 
 
Core Adjusted EBITDA; and
 
 
 
Adjusted Free Cash Flow.
In the “Compensation Discussion and Analysis”
section
of this Proxy Statement, we provide greater detail on the elements of our executive compensation program and our
“pay-for-performance”
compensation philosophy. We believe the Company’s executive compensation program appropriately rewards our PEO and the
Non-PEO
NEOs for Company and individual performance, promotes retention of our senior leadership team and supports long-term value creation for our stockholders.
       
Total Shareholder Return Amount $ 287 206 179 148 172
Peer Group Total Shareholder Return Amount 109 84 81 86 94
Net Income (Loss) $ 11,339,000,000 $ 8,317,000,000 $ 2,590,000,000 $ 3,024,000,000 $ 3,064,000,000
Company Selected Measure Amount 17,032,000,000 13,586,000,000 7,656,000,000 5,646,000,000 3,001,000,000
Change in Total Shareholder Return Percentage 187.00%        
Change in Peer Group Total Shareholder Return Percentage 9.00%        
Change in Net Income Percentage 270.00%        
Change in Company Selected Measure Percentage 468.00%        
Measure:: 1          
Pay vs Performance Disclosure          
Name Service Revenue        
Measure:: 2          
Pay vs Performance Disclosure          
Name Core Adjusted EBITDA        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted Free Cash Flow        
Non-GAAP Measure Description See Appendix A to this Proxy Statement for a reconciliation of Adjusted Free Cash Flow, and Adjusted Free Cash Flow, excluding gross payments for the settlement of interest rate swaps, non-GAAP measures, to the most directly comparable GAAP measure.        
G. Michael Sievert [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 30,040,245 $ 37,488,851 $ 29,060,048 $ 22,610,659 $ 54,914,014
PEO Actually Paid Compensation Amount $ 70,190,679 $ 55,021,146 $ 86,602,023 $ (15,052,969) $ 143,189,517
PEO Name G. Michael Sievert G. Michael Sievert G. Michael Sievert G. Michael Sievert G. Michael Sievert
John J. Legere [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 0 $ 0 $ 0 $ 0 $ 137,195,887
PEO Actually Paid Compensation Amount $ 0 $ 0 $ 0 $ 0 $ 159,658,024
PEO Name         John J. Legere
PEO | G. Michael Sievert [Member]          
Pay vs Performance Disclosure          
Change in Compensation Actually Paid Percentage (51.00%)        
PEO | G. Michael Sievert [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 40,150,434        
PEO | G. Michael Sievert [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (20,422,982)        
PEO | G. Michael Sievert [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 30,582,514        
PEO | G. Michael Sievert [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 30,039,861        
PEO | G. Michael Sievert [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (48,959)        
Non-PEO NEO          
Pay vs Performance Disclosure          
Change in Compensation Actually Paid Percentage (44.00%)        
Non-PEO NEO | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 10,683,573        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,051,854)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,062,396        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,736,393        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 936,639