v3.23.2
Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Accounts receivable    
Customer and agent allowances $ 66 $ 70
Other allowances $ 3 $ 2
UScellular shareholders’ equity    
Authorized shares (in shares) 190,000,000 190,000,000
Issued shares (in shares) 88,000,000 88,000,000
Outstanding shares (in shares) 85,000,000 85,000,000
Par value $ 88 $ 88
Variable Interest Entities VIEs    
Total assets [1] $ 10,889 $ 11,119
Series A Common Shares    
UScellular shareholders’ equity    
Authorized shares (in shares) 50,000,000 50,000,000
Issued shares (in shares) 33,000,000 33,000,000
Outstanding shares (in shares) 33,000,000 33,000,000
Par value per share (USD per share) $ 1.00 $ 1.00
Par value $ 33 $ 33
Common Shares    
UScellular shareholders’ equity    
Authorized shares (in shares) 140,000,000 140,000,000
Issued shares (in shares) 55,000,000 55,000,000
Outstanding shares (in shares) 52,000,000 52,000,000
Par value per share (USD per share) $ 1.00 $ 1.00
Par value $ 55 $ 55
Treasury shares 3,000,000 3,000,000
Consolidated Variable Interest Entities    
Variable Interest Entities VIEs    
Total assets $ 2,029 $ 2,071
Liabilities 106 166
Consolidated Variable Interest Entities | No recourse    
Variable Interest Entities VIEs    
Liabilities 25 25
Consolidated Variable Interest Entities | Assets held    
Variable Interest Entities VIEs    
Total assets $ 1,406 $ 1,265
[1] The consolidated total assets as of June 30, 2023 and December 31, 2022, include assets held by consolidated variable interest entities (VIEs) of $1,406 million and $1,265 million, respectively, which are not available to be used to settle the obligations of UScellular. The consolidated total liabilities as of June 30, 2023 and December 31, 2022, include certain liabilities of consolidated VIEs of $25 million for which the creditors of the VIEs have no recourse to the general credit of UScellular. See Note 10 — Variable Interest Entities for additional information.