UNITED STATES CELLULAR CORPORATION UZB Cash Flow

United states cellular corporation (UZB)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities
Net income
147,000	133,000	136,000	147,000	167,000	164,000	417,000	82,000	42,000	15,000	-264,000	52,000	68,000	49,000	51,000	99,000	91,000	247,000	227,818	139,047	99,596	-47,000	-25,080	-10,910	152,216	144,522	115,460	167,201	82,774	141,076	178,275	205,642	227,326	198,744	204,877	181,460	146,500	159,158	0	0	0
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities
Depreciation, amortization and accretion
710,000	702,000	686,000	668,000	650,000	640,000	633,000	625,000	621,000	615,000	616,000	618,000	618,000	618,000	619,000	616,000	613,000	607,000	590,958	587,910	585,247	606,000	675,413	727,446	781,689	803,781	762,652	706,818	651,793	608,633	581,367	577,880	576,902	573,557	574,705	573,184	571,062	570,955	0	0	0
Bad debts expense
116,000	107,000	105,000	103,000	100,000	95,000	92,000	82,000	84,000	89,000	91,000	99,000	101,000	96,000	97,000	98,000	96,000	106,000	104,643	103,917	109,508	101,000	121,037	115,232	102,446	98,864	68,263	69,428	70,432	67,372	68,732	65,139	62,500	62,157	64,766	67,364	70,606	76,292	0	0	0
Stock-based compensation expense
39,000	41,000	43,000	45,000	38,000	37,000	35,000	33,000	31,000	30,000	28,000	28,000	28,000	26,000	26,000	25,000	24,000	25,000	23,498	23,440	23,045	22,000	21,203	19,874	15,763	15,844	16,685	16,939	21,111	21,466	20,632	20,442	19,782	20,183	19,980	19,830	20,006	18,044	0	0	0
Deferred income taxes, net
31,000	-4,000	-33,000	15,000	-1,000	-3,000	-296,000	-329,000	-351,000	-365,000	-78,000	-28,000	3,000	6,000	86,000	79,000	85,000	55,000	52,124	54,267	36,817	58,000	-50,957	-62,088	-87,213	-75,348	-42,136	-7,762	50,009	49,244	110,442	153,372	165,134	203,264	167,472	164,033	120,559	73,727	0	0	0
Equity in earnings of unconsolidated entities
167,000	166,000	167,000	165,000	165,000	159,000	156,000	149,000	142,000	137,000	131,000	134,000	138,000	140,000	140,000	142,000	141,000	140,000	133,834	129,805	126,925	130,000	138,318	139,707	142,189	131,949	118,577	106,033	95,585	90,364	89,861	86,974	84,289	83,566	88,189	90,231	93,515	97,318	0	0	0
Distributions from unconsolidated entities
167,000	161,000	161,000	158,000	153,000	152,000	141,000	141,000	142,000	136,000	123,000	128,000	90,000	93,000	70,000	63,000	61,000	60,000	82,147	73,435	112,182	112,000	150,901	145,855	132,642	125,660	88,818	123,044	87,431	84,417	84,942	51,368	86,267	91,768	93,247	99,011	101,444	100,359	0	0	0
(Gain) loss on asset disposals, net
-21,000	-19,000	-18,000	-15,000	-11,000	-10,000	-8,000	-10,000	-14,000	-17,000	-20,000	-21,000	-21,000	-22,000	-20,000	-16,000	-17,000	-16,000	-16,226	-22,173	-23,066	-21,000	-31,227	-24,981	-27,106	-30,606	-18,274	-27,835	-21,519	-18,088	-31,597	-10,635	-10,855	-9,889	3,431	-8,250	-6,578	-10,717	0	0	0
(Gain) loss on sale of business and other exit costs, net
-1,000	1,000	1,000	2,000	2,000	0	0	0	0	-	-	-	-	-	-	-	-	114,000	119,306	128,589	137,100	33,000	30,834	22,085	260,598	246,767	218,457	216,858	-32,166	-21,022	0	0	0	-	-	-	-	-	-	-	-
(Gain) loss on license sales and exchanges, net
-2,000	0	0	3,000	13,000	18,000	21,000	20,000	12,000	22,000	0	0	0	-	-	-	-	147,000	168,554	144,554	144,554	113,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating activities
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash interest
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,112	1,073	1,066	1,059	-2,361	-2,198	-2,011	-1,822	1,789	1,790	10,028	10,040	0	0	0	-	-	-	-
Other operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-122	-214	-443	-646	-273	-714	-347	-546	178	621	50	-102	3,080	3,134	1,608	2,483	0	0	0
Changes in assets and liabilities from operations
Accounts receivable
22,000	46,000	73,000	79,000	77,000	39,000	53,000	20,000	25,000	68,000	40,000	37,000	12,000	23,000	41,000	92,000	80,000	96,000	114,741	61,148	67,586	-13,000	3,313	210,476	245,193	291,168	211,628	52,977	67,826	64,816	91,913	59,651	50,504	82,175	179,109	134,154	68,989	75,252	0	0	0
Equipment installment plans receivable
64,000	97,000	103,000	113,000	142,000	149,000	185,000	201,000	234,000	261,000	250,000	259,000	249,000	246,000	198,000	163,000	139,000	134,000	153,480	206,029	227,394	189,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory
55,000	20,000	16,000	5,000	17,000	4,000	21,000	1,000	-1,000	0	-42,000	-33,000	-7,000	-8,000	-29,000	41,000	-14,000	-118,000	-8,633	-64,671	-53,694	29,000	42,291	36,449	79,866	82,422	-53,873	-19,609	7,626	28,786	47,737	22,175	22,511	14,640	-36,624	-24,025	-43,016	-40,277	0	0	0
Accounts payable
-28,000	-69,000	-22,000	31,000	89,000	3,000	65,000	4,000	34,000	-14,000	-55,000	-40,000	-73,000	48,000	-67,000	15,000	67,000	5,000	-2,677	-36,400	-76,443	-98,000	74,821	-18,711	40,145	85,346	56,127	83,467	17,356	-4,977	-42,225	-16,412	-42,992	28,410	39,885	5,276	40,520	-52,568	0	0	0
Accounts payable - affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,672	147	-6,380	-1,458	-4,578	-581	6,422	1,392	5,685	4,179	-138	-3,940	0	0	0
Customer deposits and deferred revenues
-25,000	-8,000	11,000	38,000	40,000	7,000	5,000	-20,000	-19,000	-3,000	-26,000	-42,000	-58,000	-54,000	-27,000	-48,000	-56,000	-37,000	-45,486	16,207	48,510	34,000	72,292	68,474	55,972	66,344	26,204	17,885	29,703	30,353	30,919	33,682	34,194	34,927	34,903	24,702	16,022	6,180	0	0	0
Accrued taxes
-83,000	-23,000	41,000	-42,000	-33,000	-39,000	-4,000	-13,000	9,000	26,000	33,000	44,000	32,000	40,000	-89,000	-64,000	-125,000	34,000	80,453	60,280	105,403	-99,000	-34,196	-137,809	8,459	30,037	19,288	135,303	-526	73,064	49,893	33,818	27,952	-39,984	-40,887	-86,276	-88,951	-70,057	0	0	0
Accrued interest
0	-	-	-	0	-	-	-	0	-	-	-	-2,000	-	0	0	0	-	-	-	1,818	1,000	28	158	254	273	44	194	201	167	450	263	187	225	192	194	188	204	0	0	0
Other assets and liabilities
14,000	9,000	-6,000	-6,000	-7,000	-9,000	-12,000	-18,000	-29,000	-40,000	-20,000	-3,000	3,000	23,000	5,000	37,000	42,000	56,000	56,002	59,024	56,104	59,000	18,462	9,650	10,579	9,805	31,172	28,580	22,667	27,652	14,564	-4,629	12,734	3,296	11,934	24,256	41,504	-77,552	0	0	0
Net cash provided by operating activities
779,000	724,000	796,000	820,000	808,000	709,000	675,000	614,000	596,000	469,000	480,000	460,000	399,000	501,000	415,000	393,000	463,000	555,000	396,369	382,140	363,464	172,000	325,295	55,172	130,818	290,897	586,765	935,639	865,939	899,291	857,800	961,999	987,121	987,862	989,195	868,781	939,843	834,387	0	0	0
Cash flows from investing activities
Cash paid for additions to property, plant and equipment
858,000	650,000	674,000	621,000	543,000	512,000	490,000	483,000	453,000	465,000	415,000	421,000	428,000	443,000	454,000	499,000	568,000	581,000	587,226	601,603	611,502	605,000	620,456	657,102	676,336	717,862	737,149	719,332	768,264	826,400	920,902	936,629	859,917	771,798	651,958	579,713	568,850	569,323	0	0	0
Cash paid for licenses
291,000	266,000	263,000	261,000	8,000	8,000	2,000	2,000	187,000	189,000	0	0	0	-	-	-	-	286,000	286,022	300,755	308,865	38,000	37,978	19,635	11,525	16,540	81,273	124,193	125,744	122,690	0	0	0	-	-	-	-	-	-	-	0
Cash received from investments
27,000	29,000	29,000	11,000	2,000	50,000	50,000	50,000	50,000	0	0	0	0	-	-	-	-	-	-	-	-	50,000	0	0	0	-	-	-	-	125,000	110,000	115,250	120,250	145,250	120,250	135,104	95,204	60,330	0	0	0
Cash paid for investments
11,000	11,000	28,000	28,000	18,000	17,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120,000	0	0	0	-	-	-	-	250,250	0	0	0
Cash received from divestitures and exchanges
10,000	41,000	33,000	35,000	51,000	24,000	25,000	25,000	9,000	21,000	20,000	21,000	35,000	21,000	23,000	52,000	45,000	317,000	350,199	336,095	350,958	180,000	0	0	0	-	-	-	-	49,932	0	0	0	-	-	-	-	-	-	-	-
Advance payments for license acquisitions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advance Payment For License Acquisition
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
6,000	7,000	5,000	5,000	2,000	1,000	0	0	0	-	-	-	-	-	-	0	2,000	-	-3,196	-2,164	-3,416	-2,000	3,748	7,126	7,039	3,969	-3,160	-4,637	-905	2,453	4,102	5,070	1,186	-718	1,819	-1,075	-1,017	953	0	0	0
Net cash used in investing activities
-994,000	-864,000	-908,000	-869,000	-653,000	-464,000	-414,000	-457,000	-631,000	-683,000	-641,000	-595,000	-591,000	-618,000	-622,000	-644,000	-532,000	-550,000	-539,853	-584,099	-585,993	-471,000	-146,561	-116,838	329,262	172,749	-265,962	-353,742	-887,957	-896,611	-928,029	-925,916	-845,936	-759,603	-673,900	-567,551	-711,180	-777,297	0	0	0
Cash flows from financing activities
Repayment of long-term debt
113,000	116,000	19,000	19,000	19,000	19,000	19,000	18,000	16,000	14,000	12,000	11,000	11,000	11,000	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Common shares reissued for benefit plans, net of tax payments
-	-	-	-	-	18,000	0	0	0	-	-	-	8,000	6,000	0	0	0	-	-	-	-	1,000	4,094	8,820	5,977	5,784	2,934	-1,946	-2,439	-2,205	-2,119	-1,794	987	1,935	1,526	1,629	1,328	509	0	0	0
Repurchase of Common Shares
0	-	-	-	0	-	-	-	-	-	-	-	-	5,000	4,000	6,000	6,000	6,000	8,302	12,702	19,000	19,000	14,698	8,417	2,119	18,544	0	0	0	-	-	-	-	62,294	74,601	93,712	64,998	52,827	0	0	0
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of assets in common control transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
4,000	4,000	4,000	4,000	7,000	6,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3,000	758	956	1,716	3,766	24,926	25,619	25,148	22,970	21,409	20,860	21,126	21,094	14,979	16,194	17,533	19,631	0	0	0
Other financing activities
-	-	-	-	-	-7,000	-8,000	-9,000	-7,000	-3,000	0	0	0	-	-	-	-	-1,000	-982	-984	-1,977	1,000	706	-187	-140	-115	-699	-88	423	424	287	577	158	172	9,041	300	194	114	0	0	0
Net cash used in financing activities
-170,000	-152,000	-45,000	-16,000	-13,000	-14,000	0	0	0	-	-	-	-	-12,000	283,000	509,000	503,000	497,000	466,751	159,966	161,053	169,000	-88,037	-1,697	-481,235	-499,939	-547,281	-552,100	-69,364	-48,477	-23,822	-22,574	-64,668	-81,019	-89,537	-118,548	-92,340	-83,166	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
-385,000	-292,000	-157,000	-65,000	142,000	231,000	234,000	125,000	-62,000	-234,000	-176,000	-149,000	-200,000	-129,000	76,000	258,000	434,000	502,000	323,267	-41,993	-61,476	-130,000	90,697	-63,363	-21,155	-36,293	-226,478	29,797	-91,382	-45,797	-82,814	19,196	76,517	147,240	214,521	176,995	136,323	-26,076	0	0	0