Company: UZF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0000821130-25-000032
Chunk: 86

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1A
Chunk 86
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,050 million and $1,011 million, respectively, which are not available to be used to settle the obligations of UScellular. The consolidated total liabilities as of March 31, 2025 and December 31, 2024, include certain liabilities of consolidated VIEs of $26 million and $27 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of UScellular. See Note 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—