Telephone and Data Systems, Inc. (TDS)

TDS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	348	364	236	360	367	1,429
Short-Term Investments	-	-	-	-	-	3
Cash & Short-Term Investments	348	364	236	360	367	1,432
Cash Growth	39.76%	54.24%	-34.44%	-1.91%	-74.37%	207.96%
Accounts Receivable	921	962	992	1,069	1,058	1,004
Other Receivables	86	81	86	171	277	295
Receivables	1,007	1,043	1,078	1,240	1,335	1,299
Inventory	182	183	208	268	178	154
Prepaid Expenses	98	72	86	102	103	105
Restricted Cash	23	20	34	39	47	23
Other Current Assets	15	13	18	19	14	13
Total Current Assets	1,673	1,695	1,660	2,028	2,044	3,026
Property, Plant & Equipment	5,849	5,976	6,049	5,755	5,401	4,970
Long-Term Investments	527	500	505	495	479	477
Goodwill	-	-	-	547	547	547
Other Intangible Assets	4,744	4,749	4,885	4,903	4,294	2,851
Long-Term Accounts Receivable	409	436	484	469	374	339
Long-Term Deferred Tax Assets	-	-	-	4	2	-
Long-Term Deferred Charges	144	147	149	152	149	149
Other Long-Term Assets	190	179	189	197	203	166
Total Assets	13,536	13,682	13,921	14,550	13,493	12,525
Accounts Payable	247	280	360	506	481	508
Accrued Expenses	87	210	211	209	198	203
Short-Term Debt	-	-	-	60	-	-
Current Portion of Long-Term Debt	35	31	26	19	6	5
Current Portion of Leases	151	153	147	146	141	129
Current Income Taxes Payable	41	39	43	46	45	69
Other Current Liabilities	399	377	397	528	309	240
Total Current Liabilities	960	1,090	1,184	1,514	1,180	1,154
Long-Term Debt	4,042	4,044	4,074	3,724	2,921	3,417
Long-Term Leases	867	874	896	915	967	947
Long-Term Deferred Tax Liabilities	987	981	975	969	921	863
Other Long-Term Liabilities	812	809	784	813	759	541
Total Liabilities	7,668	7,798	7,913	7,935	6,748	6,922
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	2,581	2,574	2,558	2,551	2,496	2,482
Retained Earnings	1,818	1,849	2,023	2,699	2,812	2,802
Treasury Stock	-414	-425	-465	-481	-461	-477
Comprehensive Income & Other	18	18	11	5	5	-4
Total Common Equity	4,004	4,017	4,128	4,775	4,853	4,804
Minority Interest	790	793	806	766	818	799
Shareholders' Equity	5,868	5,884	6,008	6,615	6,745	5,603
Total Liabilities & Equity	13,536	13,682	13,921	14,550	13,493	12,525
Total Debt	5,095	5,102	5,143	4,864	4,035	4,498
Net Cash (Debt)	-4,747	-4,738	-4,907	-4,504	-3,668	-3,066
Net Cash Per Share	-41.46	-41.56	-43.42	-39.51	-31.62	-26.66
Filing Date Shares Outstanding	114	114	113	112.46	114.59	114.37
Total Common Shares Outstanding	114	114	113	112	115	114
Working Capital	713	605	476	514	864	1,872
Book Value Per Share	35.12	35.24	36.53	42.63	42.20	42.14
Tangible Book Value	-740	-732	-757	-675	12	1,406
Tangible Book Value Per Share	-6.49	-6.42	-6.70	-6.03	0.10	12.33
Land	-	65	67	63	62	56
Buildings	-	420	542	532	541	533
Machinery	-	5,975	7,370	7,250	7,167	7,045
Construction In Progress	-	554	653	709	576	528
Leasehold Improvements	-	1,651	1,598	1,538	1,476	1,404

Updated May 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q