US Cellular 2011 Annual Report Download - page 39

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United States Cellular Corporation
Consolidated Balance Sheet—Assets
December 31, 2011 2010
(Dollars in thousands)
Current assets
Cash and cash equivalents .................................... $ 424,155 $ 276,915
Short-term investments ....................................... 127,039 146,586
Accounts receivable
Customers and agents, less allowances of $21,337 and $24,455,
respectively ............................................ 341,439 331,452
Roaming ............................................... 36,557 37,218
Affiliated ................................................ 621 226
Other, less allowances of $2,200 and $1,361, respectively ............ 63,204 55,123
Inventory ................................................. 127,056 112,279
Income taxes receivable ...................................... 74,791 41,397
Prepaid expenses .......................................... 55,980 53,356
Net deferred income tax asset .................................. 31,905 26,757
Other current assets ......................................... 10,096 10,804
1,292,843 1,092,113
Assets held for sale .......................................... 49,647 —
Investments
Licenses ................................................. 1,470,769 1,452,101
Goodwill ................................................. 494,737 494,737
Customer lists, net of accumulated amortization of $96,597 and $96,153,
respectively ............................................. 314 759
Investments in unconsolidated entities ............................ 138,096 160,847
Notes and interest receivable—long-term .......................... 1,921 4,070
Long-term investments ....................................... 30,057 46,033
2,135,894 2,158,547
Property, plant and equipment
In service and under construction ............................... 7,008,449 6,340,537
Less: Accumulated depreciation ................................ 4,218,147 3,766,015
2,790,302 2,574,522
Other assets and deferred charges .............................. 59,290 50,367
Total assets ................................................ $6,327,976 $5,875,549
The accompanying notes are an integral part of these consolidated financial statements.
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