Company: UZF
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000821130-25-000051
Chunk: 132

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1A
Chunk 132
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1 1 Repurchase of Common Shares— — (21)— (21)— (21)Incentive and compensation plans— 29 31 (66)(6)— (6)Distributions to noncontrolling interests— — — — — (2)(2)June 30, 2025$88 $1,812 $(102)$2,802 $4,600 $14 $4,614 

The accompanying notes are an integral part of these consolidated financial statements.

37

Array Digital Infrastructure, Inc.

Consolidated Statement of Changes in Equity

(Unaudited)

Array ShareholdersSeries ACommon andCommonsharesAdditionalpaid-incapitalTreasurysharesRetainedearningsTotalArrayshareholders'equityNoncontrollinginterestsTotal equity(Dollars in millions)December 31, 2023$88 $1,726 $(80)$2,892 $4,626 $16 $4,642 Net income attributable to Array shareholders— — — 35 35 — 35 Net income attributable to noncontrolling interests classified as equity— — — — — 1 1 Incentive and compensation plans— 26 22 (34)14 — 14 Distributions to noncontrolling interests— — — — — (2)(2)June 30, 2024$88 $1,752 $(58)$2,893 $4,675 $15 $4,690 

The accompanying notes are an integral part of these consolidated financial statements.

38

Array Digital Infrastructure, Inc.

Notes to Consolidated Financial Statements

Note 1 Basis of PresentationOn August 1, 2025, United States Cellular Corporation changed its name to Array Digital Infrastructure, Inc. (Array). Array is used throughout this report even when referring to historical periods. As of June 30, 2025, Array, a Delaware Corporation, is an 82.5%-owned subsidiary of Telephone and Data Systems, Inc. (TDS).The accounting policies of Array conform to accounting principles generally accepted in the United States of America (GAAP) as set forth in the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC). Unless otherwise specified, references to accounting provisions and GAAP in these notes refer to the requirements of the FASB