SEC Info - Telephone & Data Systems, Inc. - ‘10-K’ for 12/31/23

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Telephone & Data Systems, Inc. – ‘10-K’ for 12/31/23 – ‘EX-31.2’

On: Friday, 2/16/24, at 7:54am ET · For: 12/31/23 · Accession #: 1051512-24-10 · File #: 1-14157

Previous ‘10-K’: ‘10-K’ on 2/16/23 for 12/31/22 · Latest ‘10-K’: This Filing · 71 References:

  As Of               Filer                 Filing    For·On·As Docs:Size

 2/16/24  Telephone & Data Systems, Inc.    10-K       12/31/23  127:20M

Annual Report — Form 10-K — SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   3.27M 
 2: EX-21       Subsidiaries List                                   HTML    196K 
 3: EX-23       Consent of Expert or Counsel                        HTML     31K 
 8: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     46K 
                Awarded Compensation                                             
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     35K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     35K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     32K 
 7: EX-32.2     Certification -- §906 - SOA'02                      HTML     32K 
14: R1          Document and Entity Information                     HTML    105K 
15: R2          Audit Information                                   HTML     36K 
16: R3          Consolidated Statement Of Operations                HTML    146K 
17: R4          Consolidated Statement Of Comprehensive Income      HTML     77K 
18: R5          Consolidated Statement Of Cash Flows                HTML    147K 
19: R6          Consolidated Balance Sheet                          HTML    191K 
20: R7          Consolidated Balance Sheet (Parenthetical)          HTML     99K 
21: R8          Consolidated Statement of Changes in Equity         HTML    102K 
22: R9          Consolidated Statement of Changes in Equity         HTML     37K 
                (Parenthetical)                                                  
23: R10         Summary of Significant Accounting Policies          HTML     74K 
24: R11         Revenue Recognition                                 HTML    147K 
25: R12         Fair Value Measurements                             HTML     49K 
26: R13         Equipment Installment Plans                         HTML    105K 
27: R14         Income Taxes                                        HTML    140K 
28: R15         Earnings Per Share                                  HTML     58K 
29: R16         Intangible Assets                                   HTML     62K 
30: R17         Investments In Unconsolidated Entities              HTML     72K 
31: R18         Property, Plant and Equipment                       HTML     56K 
32: R19         Leases                                              HTML     80K 
33: R20         Asset Retirement Obligations                        HTML     45K 
34: R21         Debt                                                HTML    149K 
35: R22         Employee Benefits Plans                             HTML     37K 
36: R23         Commitments And Contingencies                       HTML     39K 
37: R24         Variable Interest Entities                          HTML     62K 
38: R25         Noncontrolling Interests                            HTML     49K 
39: R26         Shareholders' Equity                                HTML     47K 
40: R27         Stock-Based Compensation                            HTML    134K 
41: R28         Business Segment Information                        HTML    250K 
42: R29         Supplemental Cash Flow Disclosures                  HTML     62K 
43: R30         Certain Relationships And Related Transactions      HTML     37K 
44: R31         Pay vs Performance Disclosure                       HTML     43K 
45: R32         Insider Trading Arrangements                        HTML     37K 
46: R33         Summary of Significant Accounting Policies          HTML    131K 
                (Policies)                                                       
47: R34         Summary of Significant Accounting Policies (Table)  HTML     48K 
48: R35         Revenue Recognition (Tables)                        HTML    132K 
49: R36         Fair Value Measurements (Table)                     HTML     48K 
50: R37         Equipment Installment Plans (Tables)                HTML    108K 
51: R38         Income Taxes (Tables)                               HTML    147K 
52: R39         Earnings Per Share (Tables)                         HTML     56K 
53: R40         Intangible Assets (Tables)                          HTML     55K 
54: R41         Investments in Unconsolidated Entities (Tables)     HTML     71K 
55: R42         Property, Plant and Equipment (Tables)              HTML     55K 
56: R43         Leases (Tables)                                     HTML     85K 
57: R44         Asset Retirement Obligations (Tables)               HTML     43K 
58: R45         Debt (Tables)                                       HTML    134K 
59: R46         Variable Interest Entities (Tables)                 HTML     57K 
60: R47         Noncontrolling Interests (Tables)                   HTML     46K 
61: R48         Stock-Based Compensation (Tables)                   HTML    118K 
62: R49         Business Segment Information (Tables)               HTML    247K 
63: R50         Supplemental Cash Flow Disclosures (Tables)         HTML     62K 
64: R51         Summary of Significant Accounting Policies -        HTML     81K 
                Narrative (Details)                                              
65: R52         Summary of Significant Accounting Policies - Cash,  HTML     41K 
                Cash Equivalents and Restricted Cash (Details)                   
66: R53         Summary of Significant Accounting Policies -        HTML     38K 
                Cloud-Hosted Arrangements (Details)                              
67: R54         Revenue Recognition - Narrative (Details)           HTML     37K 
68: R55         Revenue Recognition - Disaggregation Of Revenue     HTML    103K 
                (Details)                                                        
69: R56         Revenue Recognition - Contract Assets and Contract  HTML     36K 
                Liabilities (Details)                                            
70: R57         Revenue Recognition - Performance Obligations       HTML     43K 
                (Details)                                                        
71: R58         Revenue Recognition - Contract Cost Assets          HTML     37K 
                (Details)                                                        
72: R59         Fair Value Measurements (Details)                   HTML     58K 
73: R60         Equipment Installment Plans - Narrative (Details)   HTML     33K 
74: R61         Equipment Installment Plans - EIP Receivables       HTML     46K 
                (Details)                                                        
75: R62         Equipment Installment Plans - Gross Receivables by  HTML     76K 
                Credit Category (Details)                                        
76: R63         Equipment Installment Plans - Allowance for Credit  HTML     52K 
                Losses (Details)                                                 
77: R64         Income Taxes - Balances (Details)                   HTML     37K 
78: R65         Income Taxes - Expense (Benefit) (Details)          HTML     48K 
79: R66         Income Taxes - Narrative (Details)                  HTML     59K 
80: R67         Income Taxes - Expense Reconciliation (Details)     HTML     74K 
81: R68         Income Taxes - Components of Deferred Income Tax    HTML     71K 
                (Details)                                                        
82: R69         Income Taxes - Deferred Tax Valuation Allowance     HTML     38K 
                (Details)                                                        
83: R70         Income Taxes - Unrecognized Tax Benefits (Details)  HTML     45K 
84: R71         Earnings Per Share - Computation (Details)          HTML     68K 
85: R72         Earnings Per Share - Narrative (Details)            HTML     33K 
86: R73         Intangible Assets - Schedules (Details)             HTML     49K 
87: R74         Intangible Assets - Narrative (Details)             HTML     94K 
88: R75         Investments in Unconsolidated Entities (Details)    HTML    149K 
89: R76         Property, Plant and Equipment (Details)             HTML     94K 
90: R77         Leases - Lease Cost (Details)                       HTML     38K 
91: R78         Leases - Supplemental Cash Flow Information         HTML     38K 
                (Details)                                                        
92: R79         Leases - Lease Term and Discount Rate (Details)     HTML     37K 
93: R80         Leases - Maturities of Lease Liabilities (Details)  HTML     52K 
94: R81         Leases - Components of Lease Income (Details)       HTML     38K 
95: R82         Leases - Maturities of Expected Lease Revenues      HTML     46K 
                (Details)                                                        
96: R83         Asset Retirement Obligations (Details)              HTML     43K 
97: R84         Debt - Revolving Credit Agreements (Details)        HTML     54K 
98: R85         Debt - Term Loan Agreements (Details)               HTML     81K 
99: R86         Debt - Secured Term Loan Agreement (Details)        HTML     43K 
100: R87         Debt - Export Credit Financing Agreements           HTML     54K  
                (Details)                                                        
101: R88         Debt - Receivables Securitization Agreement         HTML     66K  
                (Details)                                                        
102: R89         Debt - Repurchase Agreement (Details)               HTML     62K  
103: R90         Debt - Long-Term Debt (Details)                     HTML    130K  
104: R91         Employee Benefit Plans (Details)                    HTML     46K  
105: R92         Commitments and Contingencies (Details)             HTML     37K  
106: R93         Variable Interest Entities - Consolidated Balance   HTML     91K  
                Sheet (Details)                                                  
107: R94         Variable Interest Entities - Narrative (Details)    HTML     38K  
108: R95         Noncontrolling Interests (Details)                  HTML     66K  
109: R96         Shareholders' Equity - Narrative (Details)          HTML    108K  
110: R97         Stock-Based Compensation - TDS, Overview (Details)  HTML     77K  
111: R98         Stock-Based Compensation - TDS excluding            HTML     69K  
                UScellular, Restricted Stock Units (Details)                     
112: R99         Stock-Based Compensation - TDS excluding            HTML    101K  
                UScellular, Performance Share Units (Details)                    
113: R100        Stock-Based Compensation - TDS excluding            HTML    105K  
                UScellular, Stock options (Details)                              
114: R101        Stock-Based Compensation - TDS excluding            HTML     50K  
                UScellular, Deferred Stock Compensation Units                    
                (Details)                                                        
115: R102        Stock-Based Compensation - UScellular, Overview     HTML     41K  
                (Details)                                                        
116: R103        Stock-Based Compensation - UScellular, Restricted   HTML     67K  
                Stock Units (Details)                                            
117: R104        Stock-Based Compensation - UScellular, Performance  HTML    104K  
                Stock Units (Details)                                            
118: R105        Stock-Based Compensation - UScellular, Stock        HTML     42K  
                options (Details)                                                
119: R106        Stock-Based Compensation - UScellular, Deferred     HTML     48K  
                Stock Units (Details)                                            
120: R107        Business Segment Information (Details)              HTML    176K  
121: R108        Supplemental Cash Flow Disclosures (Details)        HTML     63K  
122: R109        Certain Relationships and Related Transactions      HTML     36K  
                (Details)                                                        
124: XML         IDEA XML File -- Filing Summary                      XML    232K  
127: XML         XBRL Instance -- tds-20231231_htm                    XML   4.39M  
123: EXCEL       IDEA Workbook of Financial Report Info              XLSX    256K  
10: EX-101.CAL  XBRL Calculations -- tds-20231231_cal                XML    344K 
11: EX-101.DEF  XBRL Definitions -- tds-20231231_def                 XML   1.69M 
12: EX-101.LAB  XBRL Labels -- tds-20231231_lab                      XML   3.13M 
13: EX-101.PRE  XBRL Presentations -- tds-20231231_pre               XML   2.29M 
 9: EX-101.SCH  XBRL Schema -- tds-20231231                          XSD    282K 
125: JSON        XBRL Instance as JSON Data -- MetaLinks              838±  1.26M  
126: ZIP         XBRL Zipped Folder -- 0001051512-24-000010-xbrl      Zip   2.15M

‘EX-31.2’ — Certification — §302 – SOA’02

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

C: C:

Document

Exhibit 31.2

Certification of principal financial officer

I, Vicki L. Villacrez, certify that:

1.I have reviewed this annual report on Form 10-K of Telephone and Data Systems, Inc.;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a.designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b.designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c.evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d.disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a.all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b.any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: February 16, 2024


			/s/ *Vicki L. Villacrez*
			Vicki L. Villacrez Executive Vice President and Chief Financial Officer (principal financial officer)

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	2/16/24	8-K
For Period end:	12/31/23
		List all Filings

3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/16/24  Telephone & Data Systems, Inc.    S-3D        2/16/24    4:244K
 2/16/24  Telephone & Data Systems, Inc.    S-8         2/16/24    5:124K
 2/16/24  Telephone & Data Systems, Inc.    S-3ASR      2/16/24    6:514K

68 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/07/23  United States Cellular Corp.      8-K:5,9    12/04/23   13:272K
11/03/23  Telephone & Data Systems, Inc.    10-Q        9/30/23   76:12M
11/03/23  United States Cellular Corp.      10-Q        9/30/23   66:8.4M
10/17/23  Telephone & Data Systems, Inc.    8-K:5,9    10/13/23   12:524K
10/02/23  Telephone & Data Systems, Inc.    8-K:1,2,9   9/28/23   12:1.7M
 8/04/23  Telephone & Data Systems, Inc.    10-Q        6/30/23   72:11M
 8/04/23  United States Cellular Corp.      10-Q        6/30/23   61:6.8M
 5/25/23  United States Cellular Corp.      8-K:5,9     5/22/23   12:265K
 5/04/23  Telephone & Data Systems, Inc.    10-Q        3/31/23   71:13M
 5/04/23  United States Cellular Corp.      10-Q        3/31/23   61:6.9M
 4/07/23  United States Cellular Corp.      8-K:5,9     4/04/23   12:313K
 2/16/23  United States Cellular Corp.      10-K       12/31/22  114:13M
11/14/22  Telephone & Data Systems, Inc.    8-K:1,2,9  11/09/22   12:1.2M
 8/04/22  Telephone & Data Systems, Inc.    10-Q        6/30/22   77:13M
 8/04/22  United States Cellular Corp.      10-Q        6/30/22   66:7.9M
 5/06/22  Telephone & Data Systems, Inc.    10-Q        3/31/22   82:12M
 5/05/22  United States Cellular Corp.      10-Q        3/31/22   70:8.6M
 4/06/22  Telephone & Data Systems, Inc.    DEF 14A     5/19/22    1:10M
 4/05/22  United States Cellular Corp.      DEF 14A     5/17/22    1:2.6M
 2/17/22  Telephone & Data Systems, Inc.    10-K       12/31/21  125:21M
 2/17/22  United States Cellular Corp.      10-K       12/31/21  114:15M
 2/01/22  United States Cellular Corp.      8-K:1,2,9   1/27/22   14:870K
12/21/21  United States Cellular Corp.      8-K:1,2,9  12/17/21   12:1.6M
12/13/21  United States Cellular Corp.      8-K:1,2,9  12/09/21   12:1.7M
 8/16/21  Telephone & Data Systems, Inc.    8-K:3,5,8,9 8/13/21   16:1.1M
 8/06/21  Telephone & Data Systems, Inc.    10-Q        6/30/21   77:15M
 8/06/21  United States Cellular Corp.      10-Q        6/30/21   68:10M
 7/23/21  Telephone & Data Systems, Inc.    8-K:1,2,9   7/20/21   12:1.7M
 7/23/21  United States Cellular Corp.      8-K:1,2,9   7/20/21   12:1.9M
 5/17/21  United States Cellular Corp.      8-A12B                 2:127K
 5/06/21  United States Cellular Corp.      10-Q        3/31/21   63:6.5M
 3/09/21  Telephone & Data Systems, Inc.    8-K:8,9     3/08/21   14:437K
 3/02/21  Telephone & Data Systems, Inc.    8-K:3,5,8,9 3/01/21   17:1.1M
 2/18/21  United States Cellular Corp.      10-K       12/31/20  118:14M
12/02/20  United States Cellular Corp.      8-A12B                 2:132K
10/29/20  United States Cellular Corp.      8-K:1,2,9  10/23/20   15:1.6M
 8/12/20  United States Cellular Corp.      8-A12B                 2:178K
 8/06/20  United States Cellular Corp.      10-Q        6/30/20   63:7.3M
 4/08/20  Telephone & Data Systems, Inc.    DEF 14A     5/21/20    1:6.5M
10/31/19  United States Cellular Corp.      10-Q        9/30/19   79:9.6M
 2/22/19  Telephone & Data Systems, Inc.    10-K       12/31/18  121:22M
 2/22/19  United States Cellular Corp.      10-K       12/31/18  111:14M
 2/26/18  Telephone & Data Systems, Inc.    10-K       12/31/17  113:24M
12/22/17  United States Cellular Corp.      8-K:1,2,9  12/20/17    6:2.8M                                   Toppan Merrill/FA
 4/12/17  Telephone & Data Systems, Inc.    DEF 14A     5/25/17    1:4.6M
 4/12/16  United States Cellular Corp.      DEF 14A     5/24/16    1:2.4M                                   Toppan Merrill-FA
11/05/14  Telephone & Data Systems, Inc.    8-K:5,9    11/03/14    2:62K
 4/18/14  Telephone & Data Systems, Inc.    DEFC14A¶    4/18/14    2:3.3M Telephone & Data Systems, Inc.    Toppan Merrill-FA
 9/20/13  Telephone & Data Systems, Inc.    8-K:1,9     9/16/13    2:908K
 9/20/13  United States Cellular Corp.      8-K:1,9     9/16/13    2:911K
 5/31/13  United States Cellular Corp.      S-3                    8:1.6M                                   Toppan Merrill-FA
 5/17/13  United States Cellular Corp.      8-K:5,9     5/14/13    4:301K
 2/26/13  Telephone & Data Systems, Inc.    10-K¶      12/31/12  110:24M                                    Toppan Merrill-FA
 2/26/13  United States Cellular Corp.      10-K¶      12/31/12   97:13M                                    Toppan Merrill-FA
 3/19/12  Telephone & Data Systems, Inc.    8-K:5,9     3/15/12    2:31K
 1/25/12  Telephone & Data Systems, Inc.    8-A12B/A               2:220K                                   Toppan Merrill/FA
 2/25/10  Telephone & Data Systems, Inc.    10-K¶      12/31/09   17:4.4M                                   Toppan Merrill-FA
11/20/09  Telephone & Data Systems, Inc.    8-K:5,9    11/18/09    4:114K
12/30/08  Telephone & Data Systems, Inc.    8-K:5,9    12/22/08    6:267K                                   Toppan Merrill/FA
12/15/08  United States Cellular Corp.      8-K:5,9    12/09/08    8:434K                                   Toppan Merrill/FA
 9/02/08  Telephone & Data Systems, Inc.    8-K:5,9     8/27/08    2:156K                                   Toppan Merrill/FA
12/14/07  Telephone & Data Systems, Inc.    8-K:8,9    12/10/07    5:124K                                   Toppan Merrill/FA
12/14/07  United States Cellular Corp.      8-K:5,8,9  12/10/07    7:305K                                   Toppan Merrill/FA
 5/02/05  Telephone & Data Systems In… 1989 SC 13D/A               2:845K Telephone & Data Systems, Inc.    Toppan Merrill/FA
 4/11/05  Telephone & Data Systems, Inc.    8-K:1,5,8,9 4/11/05    5:193K
 6/22/04  United States Cellular Corp.      8-K:5,7     6/21/04    4:199K                                   Toppan Merrill-FA
12/04/03  United States Cellular Corp.      8-K:5,7    12/03/03    4:194K                                   Toppan Merrill-FA
11/13/01  Telephone & Data Systems, Inc.    10-Q        9/30/01    3:323K

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Filing Submission 0001051512-24-000010 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)