Telephone and Data Systems, Inc. (TDS)

TDS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	451	236	360	367	1,429	465
Short-Term Investments	-	-	-	-	3	-
Cash & Short-Term Investments	451	236	360	367	1,432	465
Cash Growth	76.17%	-34.44%	-1.91%	-74.37%	207.96%	-50.43%
Accounts Receivable	929	992	1,069	1,058	1,004	1,005
Other Receivables	71	86	171	277	295	155
Receivables	1,000	1,078	1,240	1,335	1,299	1,160
Inventory	167	208	268	178	154	169
Prepaid Expenses	88	86	102	103	105	98
Restricted Cash	21	34	39	47	23	9
Other Current Assets	19	18	19	14	13	20
Total Current Assets	1,746	1,660	2,028	2,044	3,026	1,921
Property, Plant & Equipment	5,957	6,049	5,755	5,401	4,970	4,499
Long-Term Investments	524	505	495	479	477	488
Goodwill	-	-	547	547	547	547
Other Intangible Assets	4,754	4,885	4,903	4,294	2,851	2,719
Long-Term Accounts Receivable	417	484	469	374	339	337
Long-Term Deferred Tax Assets	-	-	4	2	-	-
Long-Term Deferred Charges	144	149	152	149	149	157
Other Long-Term Assets	184	189	197	203	166	113
Total Assets	13,726	13,921	14,550	13,493	12,525	10,781
Accounts Payable	334	360	506	481	508	374
Accrued Expenses	133	211	209	198	203	191
Short-Term Debt	-	-	60	-	-	-
Current Portion of Long-Term Debt	29	26	19	6	5	9
Current Portion of Leases	151	147	146	141	129	117
Current Income Taxes Payable	49	43	46	45	69	41
Other Current Liabilities	402	397	528	309	240	230
Total Current Liabilities	1,098	1,184	1,514	1,180	1,154	962
Long-Term Debt	4,097	4,074	3,724	2,921	3,417	2,309
Long-Term Leases	862	896	915	967	947	938
Long-Term Deferred Tax Liabilities	961	975	969	921	863	676
Other Long-Term Liabilities	819	784	813	759	541	481
Total Liabilities	7,837	7,913	7,935	6,748	6,922	5,366
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	2,557	2,558	2,551	2,496	2,482	2,468
Retained Earnings	1,865	2,023	2,699	2,812	2,802	2,672
Treasury Stock	-433	-465	-481	-461	-477	-479
Comprehensive Income & Other	11	11	5	5	-4	-9
Total Common Equity	4,001	4,128	4,775	4,853	4,804	4,653
Minority Interest	814	806	766	818	799	762
Shareholders' Equity	5,889	6,008	6,615	6,745	5,603	5,415
Total Liabilities & Equity	13,726	13,921	14,550	13,493	12,525	10,781
Total Debt	5,139	5,143	4,864	4,035	4,498	3,373
Net Cash (Debt)	-4,688	-4,907	-4,504	-3,668	-3,066	-2,908
Net Cash Per Share	-41.21	-43.42	-39.51	-31.62	-26.66	-25.07
Filing Date Shares Outstanding	113	113	112.46	114.59	114.37	114.78
Total Common Shares Outstanding	113	113	112	115	114	115
Working Capital	648	476	514	864	1,872	959
Book Value Per Share	35.41	36.53	42.63	42.20	42.14	40.46
Tangible Book Value	-753	-757	-675	12	1,406	1,387
Tangible Book Value Per Share	-6.66	-6.70	-6.03	0.10	12.33	12.06
Land	-	67	63	62	56	57
Buildings	-	542	532	541	533	527
Machinery	-	7,370	7,250	7,167	7,045	6,602
Construction In Progress	-	653	709	576	528	590
Leasehold Improvements	-	1,598	1,538	1,476	1,404	1,314

Source: S&P Capital IQ. Standard template. Financial Sources.