Telephone and Data Systems, Inc. (TDS) financial statements (2021 and earlier)

Company profile

Business Address 30 NORTH LASALLE STREET
CHICAGO, IL 60602
State of Incorp. DE
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,432486938719900985472
Cash and cash equivalents1,429465921619900985472
Short-term investments32117100   
Restricted cash and investments23963   
Receivables1,1891,0391,002861761774661
Inventory, net of allowances, customer advances and progress billings154169150145151158274
Inventory154169150145151158274
Prepaid expense1059810311211511287
Disposal group, including discontinued operation2 54108 103
Deferred tax assets    108
Other current assets36292827323030
Other undisclosed current assets85914989929933
Total current assets:3,0261,9212,3301,9662,0592,1581,767
Noncurrent Assets
Operating lease, right-of-use asset998972
Property, plant and equipment3,9723,5273,3463,4243,5553,7643,846
Long-term investments and receivables4774884804534524022,856
Long-term investments4774884804534524022,856
Intangible assets, net (including goodwill)3,3983,2662,9573,0202,9382,9012,534
Goodwill547547509509766766771
Intangible assets, net (excluding goodwill)2,8512,7192,4482,5112,1722,1351,762
Other noncurrent assets652607616422434196335
Deferred tax assets, net   (900)(942)
Other undisclosed noncurrent assets2 54108900(1,489)
Total noncurrent assets:9,4998,8607,4537,3297,3877,2647,140
TOTAL ASSETS:12,52510,7819,7839,2959,4469,4228,907
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities725547547569547515556
Accounts payable508374365368365349387
Employee-related liabilities132121127126127113115
Taxes payable69414464444147
Interest and dividends payable1611111111128
Deferred revenue193 
Debt510212012141
Disposal group, including discontinued operation      22
Deferred revenue and credits223229288324
Contract with customer, liability197
Other liabilities10110011410699127182
Other undisclosed current liabilities129305    (22)
Total current liabilities:1,1539628799188879441,063
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,4242,3162,4182,4372,4332,4401,994
Operating lease, liability940931
Other undisclosed long-term debt and lease obligation2,4841,3852,4182,4372,4332,4401,994
Liabilities, other than long-term debt1,4051,1575421,0471,375433431
Deferred tax liabilities, net 552922  
Deferred income tax liabilities863676
Disposal group, including discontinued operation, liabilities1 1    
Other liabilities541481541495453433431
Other undisclosed noncurrent liabilities944937647(4)(4)897961
Total noncurrent liabilities:5,7734,4103,6073,4803,8043,7703,386
Total liabilities:6,9265,3724,4864,3984,6914,7144,449
Temporary equity, carrying amount6545543
Stockholders' equity
Stockholders' equity attributable to parent, including:4,8044,6534,5604,2694,1444,1263,926
Preferred stock      1
Common stock1111111
Treasury stock, value(477)(479)(519)(669)(698)(727)(748)
Additional paid in capital2,4822,4682,4322,4132,3862,3642,337
Accumulated other comprehensive income (loss)(4)(9)(10)(1)106
Retained earnings2,8022,6722,6562,5252,4542,4872,330
Other undisclosed stockholders' equity attributable to parent      (1)
Stockholders' equity attributable to noncontrolling interest789751733623605578528
Other undisclosed stockholders' equity    111
Total stockholders' equity:5,5935,4045,2934,8924,7504,7044,455
TOTAL LIABILITIES AND EQUITY:12,52510,7819,7839,2959,4469,4228,907

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues5,2255,1765,1095,0445,1045,1765,009
Revenue, net5,0445,1045,1765,009
Cost of revenue
(Cost of Goods and Services Sold)
   (1,195)(1,240)(1,191)(2,511)
Gross profit:5,2255,1765,1093,8493,8643,9852,498
Operating expenses(4,966)(4,997)(4,904)   (5,199)
Other undisclosed operating income (loss)   (3,954)(3,804)(3,588)2,511
Operating income (loss):259179205(105)60397(190)
Nonoperating income29321616623938
Investment income, nonoperating17292615623917
Interest and debt expense(168)(165)(172)(170)(170)(142)(111)
Income (loss) from continuing operations before equity method investments, income taxes:1204649(259)(48)295(264)
Income from equity method investments      132
Other undisclosed income (loss) from continuing operations before income taxes168165172137140140(21)
Income (loss) from continuing operations before income taxes:288211221(122)92435(152)
Income tax expense (benefit)(19)(64)(46)279(40)(172)5
Net income (loss):26914717515752263(147)
Net income (loss) attributable to noncontrolling interest(43)(26)(40)(4)(9)(44)11
Net income (loss) attributable to parent:22612113515343219(136)
Other undisclosed net loss available to common stockholders, basic     (0)(0)
Net income (loss) available to common stockholders, basic:22612113515343219(136)
Convertible preferred dividends     0 
Other undisclosed net loss available to common stockholders, diluted(3)(1)(2)  (2) 
Net income (loss) available to common stockholders, diluted:22312013315343218(136)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):26914717515752263(147)
Other comprehensive income (loss)51(8)(2)1(6)7
Comprehensive income (loss):27414816715553257(140)
Comprehensive loss, net of tax, attributable to noncontrolling interest(43)(26)(40)(4)(9)(44)(11)
Comprehensive income (loss), net of tax, attributable to parent:23112212715144213(151)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: