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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating revenues        
Service $ 762 $ 824 $ 1,521 $ 1,653
Equipment sales 218 152 417 288
Total operating revenues 980 976 1,938 1,941
Operating expenses        
System operations (excluding Depreciation, amortization and accretion reported below) 193 196 376 387
Cost of equipment sold 262 254 518 492
Selling, general and administrative (including charges from affiliates of $23 million and $24 million, respectively, for the three months, and $48 million and $44 million, respectively, for the six months) 357 364 719 731
Depreciation, amortization and accretion 154 151 307 298
(Gain) loss on asset disposals, net 5 5 10 10
(Gain) loss on sale of business and other exit costs, net   (2)   (113)
(Gain) loss on license sales and exchanges, net (9)   (9) (123)
Total operating expenses 962 968 1,921 1,682
Operating income 18 8 17 259
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 37 36 72 70
Interest and dividend income 14 9 27 17
Interest expense (28) (20) (56) (40)
Other, net (1)      
Total investment and other income 22 25 43 47
Income before income taxes 40 33 60 306
Income tax expense 13 13 23 121
Net income 27 20 37 185
Less: Net income attributable to noncontrolling interests, net of tax   1 1 6
Net income attributable to U.S. Cellular shareholders $ 27 $ 19 $ 36 $ 179
Basic weighted average shares outstanding 85 84 85 84
Basic earnings per share attributable to U.S. Cellular shareholders $ 0.32 $ 0.23 $ 0.43 $ 2.13
Diluted weighted average shares outstanding 85 85 85 85
Diluted earnings per share attributable to U.S. Cellular shareholders $ 0.32 $ 0.23 $ 0.43 $ 2.11