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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating revenues        
Service $ 771 $ 896 $ 2,293 $ 2,549
Equipment sales 239 173 655 461
Total operating revenues 1,010 1,069 2,948 3,010
Operating expenses        
System operations (excluding Depreciation, amortization and accretion reported below) 196 199 572 586
Cost of equipment sold 280 287 799 779
Selling, general and administrative (including charges from affiliates of $21 million and $22 million, respectively, for the three months, and $69 million and $66 million, respectively, for the nine months) 370 375 1,089 1,107
Depreciation, amortization and accretion 155 152 462 450
(Gain) loss on asset disposals, net 7 3 16 12
(Gain) loss on sale of business and other exit costs, net   (1)   (114)
(Gain) loss on license sales and exchanges, net (7) (24) (16) (147)
Total operating expenses 1,001 991 2,922 2,673
Operating income 9 78 26 337
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 38 40 110 110
Interest and dividend income 14 9 41 26
Interest expense (28) (21) (84) (61)
Other, net       (1)
Total investment and other income 24 28 67 74
Income before income taxes 33 106 93 411
Income tax expense 15 41 39 161
Net income 18 65 54 250
Less: Net income attributable to noncontrolling interests, net of tax 1 1 1 7
Net income attributable to U.S. Cellular shareholders $ 17 $ 64 $ 53 $ 243
Basic weighted average shares outstanding 85 84 85 84
Basic earnings per share attributable to U.S. Cellular shareholders $ 0.20 $ 0.75 $ 0.63 $ 2.89
Diluted weighted average shares outstanding 85 85 85 85
Diluted earnings per share attributable to U.S. Cellular shareholders $ 0.20 $ 0.75 $ 0.63 $ 2.86