US Cellular 2013 Annual Report Download - page 41

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United States Cellular Corporation
Consolidated Balance Sheet—Liabilities and Equity
December 31, 2013 2012
(Dollars and shares in thousands)
Current liabilities
Current portion of long-term debt ............................... $ 166 $ 92
Accounts payable
Affiliated ................................................ 11,243 10,725
Trade .................................................. 405,583 310,936
Customer deposits and deferred revenues ......................... 256,740 192,113
Accrued taxes ............................................. 73,820 35,834
Accrued compensation ....................................... 66,566 90,418
Other current liabilities ....................................... 192,055 114,881
1,006,173 754,999
Liabilities held for sale ........................................ — 19,594
Deferred liabilities and credits
Net deferred income tax liability ................................ 836,297 849,818
Other deferred liabilities and credits .............................. 315,073 288,441
Long-term debt ............................................. 878,032 878,858
Commitments and contingencies
Noncontrolling interests with redemption features ................... 536 493
Equity
U.S. Cellular shareholders’ equity
Series A Common and Common Shares
Authorized 190,000 shares (50,000 Series A Common and 140,000
Common Shares)
Issued 88,074 shares (33,006 Series A Common and 55,068 Common
Shares)
Outstanding 84,205 shares (33,006 Series A Common and 51,199
Common Shares) and 84,168 shares (33,006 Series A Common and
51,162 Common Shares), respectively
Par Value ($1 per share) ($33,006 Series A Common and $55,068
Common Shares) ...................................... 88,074 88,074
Additional paid-in capital .................................... 1,424,729 1,412,453
Treasury Shares, at cost, 3,869 and 3,906 Common Shares, respectively . (164,692) (165,724)
Retained earnings ......................................... 2,043,095 2,399,052
Total U.S. Cellular shareholders’ equity ....................... 3,391,206 3,733,855
Noncontrolling interests ...................................... 18,391 61,392
Total equity ......................................... 3,409,597 3,795,247
Total liabilities and equity ..................................... $6,445,708 $6,587,450
The accompanying notes are an integral part of these consolidated financial statements.
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