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Consolidated Statement Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenues        
Service $ 741 $ 740 $ 1,465 $ 1,486
Equipment sales 233 223 450 413
Total operating revenues 974 963 1,915 1,899
Operating expenses        
System operations (excluding Depreciation, amortization and accretion reported below) 187 189 365 364
Cost of equipment sold 240 260 459 488
Selling, general and administrative (including charges from affiliates of $21 million and $21 million, respectively, for the three months, and $40 million and $43 million, respectively, for the six months) 342 351 668 691
Depreciation, amortization and accretion 159 155 317 307
(Gain) loss on asset disposals, net 1 5 2 9
(Gain) loss on license sales and exchanges, net (11) (2) (17) (19)
Total operating expenses 918 958 1,794 1,840
Operating income 56 5 121 59
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 40 33 78 66
Interest and dividend income 3 2 7 5
Interest expense (29) (28) (58) (56)
Other, net     (1) (1)
Total investment and other income 14 7 26 14
Income before income taxes 70 12 147 73
Income tax expense 18   40 33
Net income 52 12 107 40
Less: Net income attributable to noncontrolling interests, net of tax 3   14 2
Net income attributable to U.S. Cellular shareholders $ 49 $ 12 $ 93 $ 38
Basic weighted average shares outstanding 86 85 85 85
Basic earnings per share attributable to U.S. Cellular shareholders $ 0.57 $ 0.14 $ 1.09 $ 0.45
Diluted weighted average shares outstanding 86 86 86 86
Diluted earnings per share attributable to U.S. Cellular shareholders $ 0.56 $ 0.14 $ 1.08 $ 0.44