Telephone and Data Systems, Inc. (TDS)

TDS Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	765.95	363.61	236	360	367
Cash & Short-Term Investments	765.95	363.61	236	360	367
Cash Growth	110.65%	54.07%	-34.44%	-1.91%	-74.37%
Accounts Receivable	68.74	57.14	992	1,069	1,058
Other Receivables	42.54	43.9	86	171	277
Receivables	111.27	101.04	1,078	1,240	1,335
Inventory	4.06	4.05	208	268	178
Prepaid Expenses	28.21	32.37	86	102	103
Restricted Cash	4.2	19.61	34	39	47
Other Current Assets	9.78	1,175	18	19	14
Total Current Assets	923.47	1,695	1,660	2,028	2,044
Property, Plant & Equipment	3,481	3,397	6,049	5,755	5,401
Long-Term Investments	461.92	500.47	505	495	479
Goodwill	-	-	-	547	547
Other Intangible Assets	1,775	3,450	4,885	4,903	4,294
Long-Term Accounts Receivable	-	-	484	469	374
Long-Term Deferred Tax Assets	6.09	0.14	-	4	2
Long-Term Deferred Charges	16.64	15.33	149	152	149
Other Long-Term Assets	1,735	4,624	189	197	203
Total Assets	8,398	13,682	13,921	14,550	13,493
Accounts Payable	115.82	74.87	360	506	481
Accrued Expenses	59.61	156.06	211	209	198
Short-Term Debt	-	-	-	60	-
Current Portion of Long-Term Debt	5.27	31.13	26	19	6
Current Portion of Leases	26.18	27.53	147	146	141
Current Income Taxes Payable	46.72	36.56	43	46	45
Other Current Liabilities	186.7	763.55	397	528	309
Total Current Liabilities	440.31	1,090	1,184	1,514	1,180
Long-Term Debt	820.29	2,412	4,074	3,724	2,921
Long-Term Leases	552.69	544.15	896	915	967
Long-Term Deferred Tax Liabilities	743.63	980.77	975	969	921
Other Long-Term Liabilities	574.03	2,771	784	813	759
Total Liabilities	3,131	7,798	7,913	7,935	6,748
Common Stock	1.33	1.33	1	1	1
Additional Paid-In Capital	2,484	2,574	2,558	2,551	2,496
Retained Earnings	1,694	1,849	2,023	2,699	2,812
Treasury Stock	-473.07	-425.34	-465	-481	-461
Comprehensive Income & Other	21.51	18.24	11	5	5
Total Common Equity	3,728	4,017	4,128	4,775	4,853
Minority Interest	465.75	792.6	806	766	818
Shareholders' Equity	5,267	5,884	6,008	6,615	6,745
Total Liabilities & Equity	8,398	13,682	13,921	14,550	13,493
Total Debt	1,404	3,015	5,143	4,864	4,035
Net Cash (Debt)	-638.48	-2,652	-4,907	-4,504	-3,668
Net Cash Per Share	-5.39	-23.32	-43.52	-39.51	-31.62
Filing Date Shares Outstanding	113.7	114	113	112.46	114.59
Total Common Shares Outstanding	113.59	114	113	112	115
Working Capital	483.16	605.5	476	514	864
Book Value Per Share	32.82	35.24	36.53	42.63	42.20
Tangible Book Value	1,953	566.83	-757	-675	12
Tangible Book Value Per Share	17.19	4.97	-6.70	-6.03	0.10
Land	63.95	60.47	67	63	62
Buildings	134.41	140.27	542	532	541
Machinery	2,225	2,280	7,370	7,250	7,167
Construction In Progress	432.2	385.32	653	709	576
Leasehold Improvements	337.7	336.84	1,598	1,538	1,476

Updated Feb 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q