Sprint - Nextel 2007 Annual Report Download - page 131

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SPRINT NEXTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Statement of Operations Information Wireless Wireline
Corporate,
Other and
Eliminations Consolidated
(in millions)
2006
Net operating revenues(5) ................................ $35,097 $ 5,819 $ 87 $ 41,003
Inter-segment revenues(1) ............................... 4 741 (745) —
Total segment operating expenses(5) ....................... (23,423) (5,569) 689 (28,303)
Segment earnings ..................................... $11,678 $ 991 $ 31 12,700
Less:
Depreciation ..................................... (5,738)
Amortization ..................................... (3,854)
Severance, exit costs and asset impairments(3) ........... (207)
Merger and integration expenses(4) .................... (413)
Other, net ........................................ (4)
Operating income ..................................... 2,484
Interest expense ....................................... (1,533)
Interest income ....................................... 301
Other, net ............................................ 231
Income from continuing operations before income taxes ....... $ 1,483
Wireless Wireline
Corporate,
Other and
Eliminations Consolidated
(in millions)
2005
Net operating revenues(5) ................................ $22,320 $ 6,177 $ 274 $ 28,771
Inter-segment revenues(1) ............................... 6 641 (647) —
Total segment operating expenses(5) ....................... (15,394) (5,784) 471 (20,707)
Segment earnings ..................................... $ 6,932 $ 1,034 $ 98 8,064
Less:
Depreciation ..................................... (3,864)
Amortization ..................................... (1,336)
Severance, exit costs and asset impairments(3) ........... (43)
Merger and integration expenses(4) .................... (580)
Other, net ........................................ (100)
Operating income ..................................... 2,141
Interest expense ....................................... (1,294)
Interest income ....................................... 236
Other, net ............................................ 208
Income from continuing operations before income taxes ....... $ 1,291
F-46