Telephone and Data Systems, Inc. (TDS)

TDS Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-41	-28	-500	62	156	226
Depreciation & Amortization	948	943	915	929	895	909
Loss (Gain) From Sale of Assets	-60	-35	25	26	24	22
Asset Writedown & Restructuring Costs	137	137	547	3	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-	-2
Loss (Gain) on Equity Investments	16	5	-9	-14	-2	8
Stock-Based Compensation	86	71	41	42	49	53
Provision & Write-off of Bad Debts	100	106	111	138	60	77
Other Operating Activities	-1	14	29	67	145	236
Change in Accounts Receivable	-45	-10	2	-69	-22	-16
Change in Inventory	18	20	61	-90	-25	12
Change in Accounts Payable	-27	-40	-99	32	-69	173
Change in Income Taxes	-7	-4	50	127	-49	-120
Change in Other Net Operating Assets	2	-34	-31	-98	-59	-46
Operating Cash Flow	1,126	1,145	1,142	1,155	1,103	1,532
Operating Cash Flow Growth	-10.21%	0.26%	-1.13%	4.71%	-28.00%	50.79%
Capital Expenditures	-719	-884	-1,211	-1,161	-1,131	-1,338
Cash Acquisitions	-	-	-	-	-	-172
Divestitures	171	147	1	8	-	26
Sale (Purchase) of Intangibles	-9	-20	-130	-614	-1,328	-30
Other Investing Activities	4	3	13	-16	-3	3
Investing Cash Flow	-553	-754	-1,327	-1,783	-2,462	-1,511
Short-Term Debt Issued	-	-	-	110	-	-
Long-Term Debt Issued	-	440	1,081	1,154	1,543	1,250
Total Debt Issued	-	440	1,081	1,264	1,543	1,250
Short-Term Debt Repaid	-	-	-60	-50	-	-
Long-Term Debt Repaid	-	-456	-723	-332	-2,081	-110
Total Debt Repaid	-72	-456	-783	-382	-2,081	-110
Net Debt Issued (Repaid)	-72	-16	298	882	-538	1,140
Repurchase of Common Stock	-41	-2	-9	-44	-13	-17
Preferred Dividends Paid	-69	-69	-70	-69	-39	-
Common Dividends Paid	-18	-35	-83	-82	-80	-78
Dividends Paid	-87	-104	-153	-151	-119	-78
Other Financing Activities	-160	-155	-80	-74	-119	-88
Financing Cash Flow	-360	-277	56	613	321	957
Net Cash Flow	213	114	-129	-15	-1,038	978
Free Cash Flow	407	261	-69	-6	-28	194
Free Cash Flow Growth	84.16%	-	-	-	-	228.81%
Free Cash Flow Margin	8.47%	5.26%	-1.34%	-0.11%	-0.53%	3.71%
Free Cash Flow Per Share	3.54	2.29	-0.61	-0.05	-0.24	1.69
Cash Interest Paid	265	265	235	164	177	160
Cash Income Tax Paid	4	4	-50	-119	6	-23
Levered Free Cash Flow	177.38	26.75	-472.75	-553.38	-1,552	-289.38
Unlevered Free Cash Flow	350.5	201.13	-320.25	-444.63	-1,407	-184.38
Change in Working Capital	-59	-68	-17	-98	-224	3

Updated Aug 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q