Sprint - Nextel 2007 Annual Report Download - page 132

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SPRINT NEXTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Other Information Wireless Wireline
Corporate,
Other and
Eliminations Consolidated
(in millions)
2007
Capital expenditures(6) ................................... $ 5,067 $ 567 $ 688 $ 6,322
Total assets(6)(8) ........................................ 54,876 3,629 5,604 64,109
2006
Capital expenditures(6) ................................... $ 5,944 $ 828 $ 784 $ 7,556
Total assets(6) .......................................... 90,884 3,548 2,729 97,161
2005
Capital expenditures(6) ................................... $ 3,545 $ 384 $ 1,128 $ 5,057
Total assets(6)(7) ........................................ 82,989 3,174 16,597 102,760
(1) Inter-segment revenues consist primarily of long distance services provided to the Wireless segment for
resale to wireless customers.
(2) Included in the 2007 corporate results are operating expenses related to our planned deployment of a next
generation broadband wireless network.
(3) See note 6 for additional information on severance, exit costs and asset impairments.
(4) Merger and integration expenses are generally non-recurring in nature and primarily include costs for the
launch of common customer interfacing systems, processes and other integration and planning activities. In
2007, these costs also included certain costs to provide wireless devices that operate seamlessly between the
CDMA and iDEN networks, certain customer care costs, costs to retain employees, costs related to
re-branding and other integration costs.
(5) Included in the 2006 and 2005 corporate results are the historical net revenues and related operating costs
of certain consumer wireline customers transferred to Embarq in connection with the spin-off. These
operating results were previously reported in our Local segment and reflect activity through the date of the
spin-off. These operating results have not been reflected as discontinued operations due to our continuing
involvement with these consumer wireline customers under a wholesale long distance agreement with
Embarq. This agreement became effective as of the date of the spin-off.
(6) Corporate assets are not allocated to the operating segments, and consist primarily of cash and cash
equivalents, the corporate headquarters campus and other assets managed at a corporate level. Corporate
capital expenditures were incurred mainly for various administrative assets. Operating expenses related to
corporate assets are allocated to each segment.
(7) Corporate and other includes assets of discontinued operations related to Embarq.
(8) Corporate and other includes amounts related to our planned deployment of a next generation broadband
wireless network.
F-47