United States Cellular Corporation (USM)

United States Cellular Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	144	150	273	156	1,271
Short-Term Investments	-	-	-	-	3
Cash & Short-Term Investments	144	150	273	156	1,274
Cash Growth	-4.00%	-45.05%	75.00%	-87.76%	347.02%
Accounts Receivable	906	903	985	983	928
Other Receivables	49	55	91	186	195
Receivables	955	958	1,076	1,169	1,123
Inventory	179	199	261	173	146
Prepaid Expenses	46	57	68	58	51
Restricted Cash	15	29	35	43	20
Other Current Assets	6	22	36	24	11
Total Current Assets	1,345	1,415	1,749	1,623	2,625
Property, Plant & Equipment	3,428	3,491	3,542	3,565	3,390
Long-Term Investments	454	461	452	439	435
Other Intangible Assets	4,579	4,693	4,690	4,088	2,629
Long-Term Accounts Receivable	436	484	469	374	339
Long-Term Deferred Charges	132	127	131	126	124
Other Long-Term Assets	75	79	86	126	139
Total Assets	10,449	10,750	11,119	10,341	9,681
Accounts Payable	242	248	356	360	387
Accrued Expenses	137	133	137	134	137
Short-Term Debt	-	-	60	-	-
Current Portion of Long-Term Debt	22	20	13	3	2
Current Portion of Leases	141	135	133	129	116
Current Income Taxes Payable	30	32	35	33	48
Other Current Liabilities	312	333	461	244	182
Total Current Liabilities	884	901	1,195	903	872
Long-Term Debt	2,833	3,041	3,184	2,725	2,486
Long-Term Leases	826	834	846	892	878
Long-Term Deferred Tax Liabilities	728	755	708	674	633
Other Long-Term Liabilities	570	565	604	573	376
Total Liabilities	5,841	6,096	6,537	5,767	5,245
Common Stock	88	88	88	88	88
Additional Paid-In Capital	1,783	1,726	1,703	1,678	1,651
Retained Earnings	2,818	2,892	2,861	2,849	2,739
Treasury Stock	-112	-80	-98	-68	-67
Total Common Equity	4,577	4,626	4,554	4,547	4,411
Minority Interest	31	28	28	27	25
Shareholders' Equity	4,608	4,654	4,582	4,574	4,436
Total Liabilities & Equity	10,449	10,750	11,119	10,341	9,681
Total Debt	3,822	4,030	4,236	3,749	3,482
Net Cash (Debt)	-3,678	-3,880	-3,963	-3,593	-2,208
Net Cash Per Share	-42.77	-44.60	-46.08	-41.30	-25.38
Filing Date Shares Outstanding	85	85	84.69	85.88	86.09
Total Common Shares Outstanding	85	85	85	86	86
Working Capital	461	514	554	720	1,753
Book Value Per Share	53.85	54.42	53.58	52.87	51.29
Tangible Book Value	-2	-67	-136	459	1,782
Tangible Book Value Per Share	-0.02	-0.79	-1.60	5.34	20.72
Land	47	41	37	37	34
Buildings	279	281	281	293	295
Machinery	4,363	5,664	5,571	5,497	5,394
Construction In Progress	174	167	218	261	317
Leasehold Improvements	1,631	1,570	1,504	1,442	1,369

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q