Company: UZF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0000821130-25-000032
Chunk: 136

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 136
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9 — Variable Interest Entities for additional information.

30

United States Cellular Corporation

Consolidated Statement of Changes in Equity

(Unaudited)

UScellular ShareholdersSeries ACommon andCommonsharesAdditionalpaid-incapitalTreasurysharesRetainedearningsTotalUScellularshareholders'equityNoncontrollinginterestsTotal equity(Dollars in millions)December 31, 2024$88 $1,783 $(112)$2,818 $4,577 $15 $4,592 Net income attributable to UScellular shareholders— — — 18 18 — 18 Net income attributable to noncontrolling interests classified as equity— — — — — 1 1 Repurchase of Common Shares— — (21)— (21)— (21)Incentive and compensation plans— 17 8 (14)11 — 11 Distributions to noncontrolling interests— — — — — (2)(2)March 31, 2025$88 $1,800 $(125)$2,822 $4,585 $14 $4,599 

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

31

United States Cellular Corporation

Consolidated Statement of Changes in Equity

(Unaudited)

UScellular ShareholdersSeries ACommon andCommonsharesAdditionalpaid-incapitalTreasurysharesRetainedearningsTotalUScellularshareholders'equityNoncontrollinginterestsTotal equity(Dollars in millions)December 31, 2023$88 $1,726 $(80)$2,892 $4,626 $16 $4,642 Net income attributable to UScellular shareholders— — — 18 18 — 18 Incentive and compensation plans— 14 — — 14 — 14 Distributions to noncontrolling interests— — — — — (1)(1)March 31, 2024$88 $1,740 $(80)$2,910 $4,658 $15 $4,673 

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

32

United States Cellular Corporation

Notes to Consolidated Financial Statements

Note 1 Basis of PresentationUnited States Cellular Corporation (UScellular), a Delaware