US Cellular 2015 Annual Report Download - page 70
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December 31, 2015 2014
(Dollars and shares in thousands)
Current liabilities
Current portion of long-term debt ......................................... $ 14,306 $ 808
Accounts payable ................................................... 348,737 387,125
Customer deposits and deferred revenues ................................... 288,412 324,318
Accrued interest .................................................... 11,962 7,919
Accrued taxes ..................................................... 40,569 46,734
Accrued compensation ............................................... 113,375 114,549
Other current liabilities ................................................ 127,023 181,803
Total current liabilities ............................................... 944,384 1,063,256
Liabilities held for sale ................................................ –21,643
Deferred liabilities and credits
Net deferred income tax liability .......................................... 900,054 941,519
Other deferred liabilities and credits ........................................ 432,949 430,774
Long-term debt, net .................................................. 2,439,827 1,941,069
Commitments and contingencies ......................................... ––
Noncontrolling interests with redemption features ............................. 1,097 1,150
Equity
TDS shareholders’ equity
Series A Common and Common Shares
Authorized 290,000 shares (25,000 Series A Common and 265,000 Common Shares)
Issued 132,782 shares (7,211 Series A Common and 125,571 Common Shares) and 132,749
shares (7,179 Series A Common, and 125,570 Common Shares), respectively
Outstanding 108,966 shares (7,211 Series A Common and 101,755 Common Shares) and
107,899 shares (7,179 Series A Common, and 100,720 Common Shares), respectively
Par Value ($.01 per share) of $1,328 ($72 Series A Common and $1,256 Common Shares)
and of $1,327 ($72 Series A Common and $1,255 Common Shares), respectively ....... 1,328 1,327
Capital in excess of par value .......................................... 2,363,558 2,336,511
Treasury shares at cost:
23,816 and 24,850 Common Shares, respectively ............................ (727,182) (748,199)
Accumulated other comprehensive income .................................. 355 6,452
Retained earnings ................................................. 2,487,491 2,330,187
Total TDS shareholders’ equity ....................................... 4,125,550 3,926,278
Preferred shares .................................................... 824 824
Noncontrolling interests ............................................... 577,777 527,909
Total equity ..................................................... 4,704,151 4,455,011
Total liabilities and equity .............................................. $ 9,422,462 $ 8,854,422
The accompanying notes are an integral part of these consolidated financial statements.
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TELEPHONE AND DATA SYSTEMS, INC. CONSOLIDATED BALANCE SHEET — LIABILITIES AND EQUITY