XML 88 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities      
Net income (loss) $ (46,922)us-gaap_ProfitLoss $ 144,522us-gaap_ProfitLoss $ 141,076us-gaap_ProfitLoss
Add (deduct) adjustments to reconcile net income to cash flows from operating activities      
Depreciation, amortization and accretion 605,997us-gaap_DepreciationAmortizationAndAccretionNet 803,781us-gaap_DepreciationAmortizationAndAccretionNet 608,633us-gaap_DepreciationAmortizationAndAccretionNet
Bad debts expense 101,282us-gaap_ProvisionForDoubtfulAccounts 98,864us-gaap_ProvisionForDoubtfulAccounts 67,372us-gaap_ProvisionForDoubtfulAccounts
Stock-based compensation expense 22,383us-gaap_ShareBasedCompensation 15,844us-gaap_ShareBasedCompensation 21,466us-gaap_ShareBasedCompensation
Deferred income taxes, net 57,604us-gaap_DeferredIncomeTaxExpenseBenefit (75,348)us-gaap_DeferredIncomeTaxExpenseBenefit 49,244us-gaap_DeferredIncomeTaxExpenseBenefit
Equity in earnings of unconsolidated entities (129,764)us-gaap_IncomeLossFromEquityMethodInvestments (131,949)us-gaap_IncomeLossFromEquityMethodInvestments (90,364)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions from unconsolidated entities 112,336us-gaap_EquityMethodInvestmentDividendsOrDistributions 125,660us-gaap_EquityMethodInvestmentDividendsOrDistributions 84,417us-gaap_EquityMethodInvestmentDividendsOrDistributions
(Gain) loss on asset disposals, net 21,469us-gaap_GainLossOnSaleOfPropertyPlantEquipment 30,606us-gaap_GainLossOnSaleOfPropertyPlantEquipment 18,088us-gaap_GainLossOnSaleOfPropertyPlantEquipment
(Gain) loss on sale of business and other exit costs, net (32,830)us-gaap_GainLossOnSaleOfBusiness (246,767)us-gaap_GainLossOnSaleOfBusiness 21,022us-gaap_GainLossOnSaleOfBusiness
(Gain) loss on license sales and exchanges (112,993)usm_GainLossOnLicenseSalesAndExchanges (255,479)usm_GainLossOnLicenseSalesAndExchanges  
(Gain) loss on investments   (18,556)us-gaap_GainLossOnInvestments 3,718us-gaap_GainLossOnInvestments
Noncash interest expense 1,155us-gaap_AmortizationOfFinancingCostsAndDiscounts 1,059us-gaap_AmortizationOfFinancingCostsAndDiscounts (1,822)us-gaap_AmortizationOfFinancingCostsAndDiscounts
Other operating activities 26us-gaap_OtherNoncashIncomeExpense 646us-gaap_OtherNoncashIncomeExpense 546us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities from operations      
Accounts receivable 12,547us-gaap_IncreaseDecreaseInAccountsReceivable (291,168)us-gaap_IncreaseDecreaseInAccountsReceivable (64,816)us-gaap_IncreaseDecreaseInAccountsReceivable
Equipment installment plans receivable (188,829)us-gaap_IncreaseDecreaseInFinanceReceivables (591)us-gaap_IncreaseDecreaseInFinanceReceivables  
Inventory (28,878)us-gaap_IncreaseDecreaseInInventories (82,422)us-gaap_IncreaseDecreaseInInventories (28,786)us-gaap_IncreaseDecreaseInInventories
Accounts payable - trade (95,587)us-gaap_IncreaseDecreaseInAccountsPayableTrade 85,199us-gaap_IncreaseDecreaseInAccountsPayableTrade (4,977)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accounts payable - affiliate (2,590)us-gaap_IncreaseDecreaseInDueToAffiliatesCurrent 147us-gaap_IncreaseDecreaseInDueToAffiliatesCurrent (1,458)us-gaap_IncreaseDecreaseInDueToAffiliatesCurrent
Customer deposits and deferred revenues 33,524us-gaap_IncreaseDecreaseInDeferredLiabilities 66,344us-gaap_IncreaseDecreaseInDeferredLiabilities 30,353us-gaap_IncreaseDecreaseInDeferredLiabilities
Accrued taxes (99,483)us-gaap_IncreaseDecreaseInAccruedTaxesPayable 30,037us-gaap_IncreaseDecreaseInAccruedTaxesPayable 73,064us-gaap_IncreaseDecreaseInAccruedTaxesPayable
Accrued interest 1,307us-gaap_IncreaseDecreaseInInterestPayableNet 273us-gaap_IncreaseDecreaseInInterestPayableNet 167us-gaap_IncreaseDecreaseInInterestPayableNet
Other assets and liabilities (59,412)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (9,805)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (27,652)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Cash flows from operating activities 172,342us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 290,897us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 899,291us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities      
Cash used for additions to property, plant and equipment (605,083)us-gaap_PaymentsToAcquireProductiveAssets (717,862)us-gaap_PaymentsToAcquireProductiveAssets (826,400)us-gaap_PaymentsToAcquireProductiveAssets
Cash paid for aquisitions and licenses (38,150)usm_PaymentsForIntangibleAssetsAndToAcquireBusinessesNetOfCashAcquired (16,540)usm_PaymentsForIntangibleAssetsAndToAcquireBusinessesNetOfCashAcquired (122,690)usm_PaymentsForIntangibleAssetsAndToAcquireBusinessesNetOfCashAcquired
Cash received from divestitures 179,842us-gaap_ProceedsFromDivestitureOfBusinesses 811,120us-gaap_ProceedsFromDivestitureOfBusinesses 49,932us-gaap_ProceedsFromDivestitureOfBusinesses
Cash paid for investments     (120,000)us-gaap_PaymentsToAcquireInvestments
Cash received for investments 50,000us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities 100,000us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities 125,000us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
Federal Communications Commission deposit (60,000)usm_FccLicenseAuctionDepositPayment    
Other investing activities 2,619us-gaap_PaymentsForProceedsFromOtherInvestingActivities (3,969)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (2,453)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Cash flows from investing activities (470,772)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 172,749us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (896,611)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities      
Issuance of long-term debt 275,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt    
Repayment of borrowing under revolving credit facility (150,000)us-gaap_RepaymentsOfLinesOfCredit    
Borrowing under revolving credit facility 150,000us-gaap_ProceedsFromLinesOfCredit    
Common shares reissued for benefit plans, net of tax payments 830us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 5,784us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions (2,205)us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Common shares repurchased (18,943)us-gaap_PaymentsForRepurchaseOfCommonStock (18,544)us-gaap_PaymentsForRepurchaseOfCommonStock (20,045)us-gaap_PaymentsForRepurchaseOfCommonStock
Payment of debt issuance costs (9,644)us-gaap_PaymentsOfDebtIssuanceCosts (23)us-gaap_PaymentsOfDebtIssuanceCosts (514)us-gaap_PaymentsOfDebtIssuanceCosts
Acquisition of licenses in common control transaction (76,298)usm_PaymentsForAcquistionOfAssetsInCommonControlTransaction    
Dividends paid   (482,270)us-gaap_PaymentsOfDividendsCommonStock  
Distributions to noncontrolling interests (3,056)us-gaap_PaymentsOfDividendsMinorityInterest (3,766)us-gaap_PaymentsOfDividendsMinorityInterest (22,970)us-gaap_PaymentsOfDividendsMinorityInterest
Payments to acquire additional interest in subsidiaries   (1,005)usm_PaymentsForAdditionalInterestInSubsidiaries (3,167)usm_PaymentsForAdditionalInterestInSubsidiaries
Other financing activities (11)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (115)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 424us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Cash flows from financing activities 167,878us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (499,939)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (48,477)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net decrease in cash and cash equivalents (130,552)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (36,293)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (45,797)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents      
Beginning of period 342,065us-gaap_CashAndCashEquivalentsAtCarryingValue 378,358us-gaap_CashAndCashEquivalentsAtCarryingValue 424,155us-gaap_CashAndCashEquivalentsAtCarryingValue
End of period $ 211,513us-gaap_CashAndCashEquivalentsAtCarryingValue $ 342,065us-gaap_CashAndCashEquivalentsAtCarryingValue $ 378,358us-gaap_CashAndCashEquivalentsAtCarryingValue