United States Cellular Corporation (USM)

United States Cellular 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	272	150	273	156	1,271	285
Short-Term Investments	-	-	-	-	3	-
Cash & Short-Term Investments	272	150	273	156	1,274	285
Cash Growth	77.78%	-45.05%	75.00%	-87.76%	347.02%	-52.26%
Accounts Receivable	872	903	985	983	928	947
Other Receivables	46	55	91	186	195	109
Receivables	918	958	1,076	1,169	1,123	1,056
Inventory	161	199	261	173	146	162
Prepaid Expenses	55	57	68	58	51	50
Restricted Cash	16	29	35	43	20	6
Other Current Assets	5	22	36	24	11	14
Total Current Assets	1,427	1,415	1,749	1,623	2,625	1,573
Property, Plant & Equipment	3,416	3,491	3,542	3,565	3,390	3,107
Long-Term Investments	478	461	452	439	435	447
Other Intangible Assets	4,576	4,693	4,690	4,088	2,629	2,471
Long-Term Accounts Receivable	417	484	469	374	339	337
Long-Term Deferred Charges	128	127	131	126	124	133
Other Long-Term Assets	74	79	86	126	139	96
Total Assets	10,516	10,750	11,119	10,341	9,681	8,164
Accounts Payable	272	248	356	360	387	304
Accrued Expenses	66	133	137	134	137	135
Short-Term Debt	-	-	60	-	-	-
Current Portion of Long-Term Debt	20	20	13	3	2	7
Current Portion of Leases	139	135	133	129	116	106
Current Income Taxes Payable	63	32	35	33	48	30
Other Current Liabilities	349	333	461	244	182	168
Total Current Liabilities	909	901	1,195	903	872	750
Long-Term Debt	2,882	3,041	3,184	2,725	2,486	1,499
Long-Term Leases	813	834	846	892	878	868
Long-Term Deferred Tax Liabilities	719	755	708	674	633	507
Other Long-Term Liabilities	579	565	604	573	376	319
Total Liabilities	5,902	6,096	6,537	5,767	5,245	3,943
Common Stock	88	88	88	88	88	88
Additional Paid-In Capital	1,764	1,726	1,703	1,678	1,651	1,629
Retained Earnings	2,813	2,892	2,861	2,849	2,739	2,550
Treasury Stock	-83	-80	-98	-68	-67	-70
Total Common Equity	4,582	4,626	4,554	4,547	4,411	4,197
Minority Interest	32	28	28	27	25	24
Shareholders' Equity	4,614	4,654	4,582	4,574	4,436	4,221
Total Liabilities & Equity	10,516	10,750	11,119	10,341	9,681	8,164
Total Debt	3,854	4,030	4,236	3,749	3,482	2,480
Net Cash (Debt)	-3,582	-3,880	-3,963	-3,593	-2,208	-2,195
Net Cash Per Share	-41.77	-44.60	-46.08	-41.30	-25.38	-24.94
Filing Date Shares Outstanding	85	85	84.69	85.88	86.09	86.15
Total Common Shares Outstanding	85	85	85	86	86	86
Working Capital	518	514	554	720	1,753	823
Book Value Per Share	53.91	54.42	53.58	52.87	51.29	48.80
Tangible Book Value	6	-67	-136	459	1,782	1,726
Tangible Book Value Per Share	0.07	-0.79	-1.60	5.34	20.72	20.07
Land	-	41	37	37	34	35
Buildings	-	281	281	293	295	295
Machinery	-	5,664	5,571	5,497	5,394	5,039
Construction In Progress	-	167	218	261	317	358
Leasehold Improvements	-	1,570	1,504	1,442	1,369	1,280

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