Company: UZF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0000821130-25-000032
Chunk: 141

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 141
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March 31, 2025December 31, 2024Lowest RiskLower RiskSlight RiskHigher RiskTotalLowest RiskLower RiskSlight RiskHigher RiskTotal(Dollars in millions)Unbilled$898 $76 $13 $6 $993 $955 $77 $13 $5 $1,050 Billed — current38 4 1 — 43 36 4 1 1 42 Billed — past due10 5 2 1 18 10 5 2 1 18 Total$946 $85 $16 $7 $1,054 $1,001 $86 $16 $7 $1,110 The balance of the equipment installment plan receivables as of March 31, 2025 on a gross basis by year of origination were as follows:2022202320242025Total(Dollars in millions)Lowest Risk$82 $271 $475 $118 $946 Lower Risk4 17 48 16 85 Slight Risk— 2 9 5 16 Higher Risk— 1 5 1 7 Total$86 $291 $537 $140 $1,054 The write-offs, net of recoveries for the three months ended March 31, 2025 on a gross basis by year of origination were as follows:2022202320242025Total(Dollars in millions)Write-offs, net of recoveries$1 $5 $13 $— $19 Activity for the three months ended March 31, 2025 and 2024, in the allowance for credit losses for equipment installment plan receivables was as follows:March 31, 2025March 31, 2024(Dollars in millions)Allowance for credit losses, beginning of period$82 $90 Bad debts expense15 22 Write-offs, net of recoveries(19)(24)Allowance for credit losses, end of period$78 $88 

Note 5 Earnings Per Share Basic earnings per share attributable to UScellular shareholders is computed by dividing Net income attributable to UScellular shareholders by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share attributable to UScellular shareholders is computed by