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Telephone and Data Systems (Telephone and Data Systems) Gross Property, Plant and Equipment : $16,599 Mil (As of Dec. 2023)


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What is Telephone and Data Systems Gross Property, Plant and Equipment?

Telephone and Data Systems's quarterly gross PPE increased from Jun. 2023 ($16,310 Mil) to Sep. 2023 ($16,485 Mil) and increased from Sep. 2023 ($16,485 Mil) to Dec. 2023 ($16,599 Mil).

Telephone and Data Systems's annual gross PPE increased from Dec. 2021 ($15,305 Mil) to Dec. 2022 ($15,966 Mil) and increased from Dec. 2022 ($15,966 Mil) to Dec. 2023 ($16,599 Mil).


Telephone and Data Systems Gross Property, Plant and Equipment Historical Data

The historical data trend for Telephone and Data Systems's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Telephone and Data Systems Gross Property, Plant and Equipment Chart

Telephone and Data Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,836.00 14,657.00 15,305.00 15,966.00 16,599.00

Telephone and Data Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,966.00 16,169.00 16,310.00 16,485.00 16,599.00

Telephone and Data Systems Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Telephone and Data Systems  (NYSE:TDS) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Telephone and Data Systems Gross Property, Plant and Equipment Related Terms

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Telephone and Data Systems (Telephone and Data Systems) Business Description

Traded in Other Exchanges
Address
30 North LaSalle Street, Suite 4000, Chicago, IL, USA, 60602
Telephone and Data Systems Inc is a diversified telecommunications operator that provides mobile, telephone, and broadband services. The company's segments include UScellular and TDS Telecom. It generates maximum revenue from the UScellular segment.
Executives
Clarence A Davis director ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Vicki L Villacrez officer: Executive Vice President & CFO 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Dirk S Woessner director 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Kurt B Thaus officer: Senior VP - CIO 30 N LASALLE STREET STE 4000, CHICAGO IL 60602
Prudence E Carlson director 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Joseph R Hanley officer: VP Technology Planning Service 535 JUNCTION ROAD, MADISON WI 53717
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Laurent C Therivel director, officer: President of a Subsidiary 8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Wade Oosterman director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Anita J Kroll officer: VP, Controller & CAO 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Scott H Williamson officer: Senior Vice President C/O TDS INC, 30 N. LASALLE ST #4000, CHICAGO IL 60602
Mitchell H Saranow director C/O METZLER GROUP INC, 520 LAKE COOK ROAD SUITE 500, DEERFIELD IL 60015
Kenneth R Meyers director, officer: Executive Vice President & CFO
James W Butman officer: President & CEO of subsidiary 30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602