USM: the cash flow

MyFinsight

For the quarter ending 2025-06-30, USM had $242M increase in cash & cash equivalents over the period. $338M in free cash flow.

Cash Flow	2025-06-30
(gain) loss on asset disposals, net	-4
Depreciation, amortization and accretion	325
Stock-based compensation expense	29
Bad debts expense	43
Net income	52
Other operating activities	3
Other assets and liabilities	35
Inventory	-52
Accrued interest	0
Equipment installment plans receivable	-44
Customer deposits and deferred revenues	-13
Accrued taxes	10
Accounts receivable	21
Accounts payable	-4
Equity in earnings of unconsolidated entities	78
(gain) loss on license sales and exchanges, net	5
Distributions from unconsolidated entities	88
Deferred income taxes, net	-9
Net cash provided by operating activities	485
Cash paid for additions to property, plant and equipment	147
Cash paid for licenses	4
Other investing activities	-1
Net cash used in investing activities	-150
Repayment of long-term debt	12
Other financing activities	-2
Issuance of long-term debt	0
Cash paid for software license agreements	20
Tax withholdings, net of cash receipts, for stock-based compensation awards	36
Distributions to noncontrolling interests	2
Repurchase of common shares	21
Net cash used in financing activities	-93
Net increase in cash, cash equivalents and restricted cash	242

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.