XML 92 R62.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt, revolving credit facilities (Details)
$ in Millions
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Jul. 01, 2019
Revolving credit        
Maximum borrowing capacity $ 300      
Letters of credit outstanding 2      
Amount available for use 298      
Unused commitment fees $ 1 $ 1 $ 1  
Agreement date Jun. 15, 2016      
Maturity date Jun. 15, 2021      
Interest Coverage Ratio 3.00      
Leverage Ratio 3.25      
Subordination agreement description In connection with U.S. Cellular’s revolving credit facility, TDS and U.S. Cellular entered into a subordination agreement dated June 15, 2016 together with the administrative agent for the lenders under U.S. Cellular’s revolving credit agreement. Pursuant to this subordination agreement, (a) any consolidated funded indebtedness from U.S. Cellular to TDS will be unsecured and (b) any (i) consolidated funded indebtedness from U.S. Cellular to TDS (other than “refinancing indebtedness” as defined in the subordination agreement) in excess of $105 million and (ii) refinancing indebtedness in excess of $250 million will be subordinated and made junior in right of payment to the prior payment in full of obligations to the lenders under U.S. Cellular’s revolving credit agreement. As of December 31, 2016, U.S. Cellular had no outstanding consolidated funded indebtedness or refinancing indebtedness that was subordinated to the revolving credit agreement pursuant to the subordination agreement.      
Revolver compliance U.S. Cellular believes it was in compliance as of December 31, 2016 with all covenants and other requirements set forth in the revolving credit facility.      
Future period        
Revolving credit        
Leverage Ratio       3.00
U.S. Cellular Revolving credit facility | LIBOR rate        
Revolving credit        
Contractual spread 1.75%      
U.S. Cellular Revolving credit facility | Alternative Base Rate        
Revolving credit        
Contractual spread 0.75%