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Consolidated Statement of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenues        
Total operating revenues $ 1,001 $ 963 $ 2,916 $ 2,862
Operating expenses        
Selling, general and administrative (including charges from affiliates of $20 million and $20 million, respectively, for the three months, and $60 million and $62 million, respectively, for the nine months) 346 350 1,014 1,041
Depreciation, amortization and accretion 160 153 478 460
Loss on impairment of goodwill 0 370 0 370
(Gain) loss on asset disposals, net 3 5 5 14
(Gain) loss on sale of business and other exit costs, net 0 (1) 0 (1)
(Gain) loss on license sales and exchanges, net 0 0 (18) (19)
Total operating expenses 967 1,323 2,761 3,163
Operating income (loss) 34 (360) 155 (301)
Investment and other income (expense)        
Equity in earnings of unconsolidated entities 42 35 120 101
Interest and dividend income 4 2 10 6
Interest expense (29) (28) (87) (85)
Other, net 0 0 0 1
Total investment and other income 17 9 43 23
Income (loss) before income taxes 51 (351) 198 (278)
Income tax expense (benefit) 14 (53) 55 (19)
Net income (loss) 37 (298) 143 (259)
Less: Net income attributable to noncontrolling interests, net of tax 1 1 14 2
Net income (loss) attributable to U.S. Cellular shareholders $ 36 $ (299) $ 129 $ (261)
Basic weighted average shares outstanding (in shares) 86 85 85 85
Basic earnings (loss) per share attributable to U.S. Cellular shareholders (USD per share) $ 0.42 $ (3.51) $ 1.51 $ (3.07)
Diluted weighted average shares outstanding (in shares) 87 85 86 85
Diluted earnings (loss) per share attributable to U.S. Cellular shareholders (USD per share) $ 0.41 $ (3.51) $ 1.49 $ (3.07)
Service        
Operating revenues        
Total operating revenues $ 759 $ 737 $ 2,224 $ 2,223
Operating expenses        
Cost of equipment sold 200 185 566 549
Equipment sales        
Operating revenues        
Total operating revenues 242 226 692 639
Operating expenses        
Cost of equipment sold $ 258 $ 261 $ 716 $ 749