Fair Value Measurements (Table)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures

Fair value measurements

U.S. Cellular has applied the provisions of fair value accounting for purposes of computing the fair value of financial instruments for disclosure purposes as displayed below.

		Level within the Fair Value Hierarchy	March 31, 2016				December 31, 2015
			Book Value		Fair Value		Book Value		Fair Value
(Dollars in millions)
Cash and cash equivalents		1	$	772	$	772	$	715	$	715
Long-term debt
	Retail	2		917		933		917		929
	Institutional	2		533		485		533		501
	Other	2		211		211		214		214