Revision of Prior Period Amounts (Table)

3 Months Ended

Mar. 31, 2012

Disclosure Text Block

Revision of prior period amounts

Consolidated Statement of Operations -- Three Months Ended March 31, 2011
		As previously
	(Dollars in thousands)	reported (1)				Adjustment			Revised
	Depreciation, amortization and accretion	$	145,045		$	(1,705	)	$	143,340
	Total operating expenses		1,000,049			(1,705	)		998,344
	Operating income		57,043			1,705			58,748
	Income before income taxes		63,472			1,705			65,177
	Income tax expense		24,092			655			24,747
	Net income		39,380			1,050			40,430
	Net income attributable to U.S. Cellular shareholders		34,111			1,050			35,161
	Basic earnings per share attributable to U.S. Cellular shareholders		0.40			0.01			0.41
	Diluted earnings per share attributable to U.S. Cellular shareholders		0.40			0.01			0.41
Consolidated Statement of Cash Flows -- Three Months Ended March 31, 2011
		As previously
	(Dollars in thousands)	reported (1)				Adjustment			Revised
	Net income	$	39,380		$	1,050		$	40,430
	Depreciation, amortization and accretion		145,045			(1,705	)		143,340
	Change in Accounts payable-trade		(2,244	)		55,957			53,713
	Change in Accrued taxes		11,174			655			11,829
	Change in Other assets and liabilities		(70,598	)		(71	)		(70,669	)
	Cash flows from operating activities		201,822			55,886			257,708
	Cash used for additions to property, plant and equipment		(95,933	)		(25,108	)		(121,041	)
	Cash flows from investing activities		(58,733	)		(25,108	)		(83,841	)
	Net increase (decrease) in cash and cash equivalents		126,868			30,778			157,646

• In Quarterly Report on Form 10-Q for the period ended March 31, 2011, filed on May 6, 2011.