Sprint - Nextel 2010 Annual Report Download - page 62

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SPRINT NEXTEL CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS
Cash flows from operating activities
Net loss
Adjustments to reconcile net loss to net cash provided by operating activities:
Goodwill and asset impairments
Depreciation and amortization
Provision for losses on accounts receivable
Share-based compensation expense
Deferred and other income taxes
Equity in losses of unconsolidated investments, net
Gains from asset dispositions and exchanges
Contribution to pension plan
Gain on previously held non-controlling interest in Virgin Mobile
Other changes in assets and liabilities, net of effects of acquisitions:
Accounts and notes receivable
Inventories and other current assets
Accounts payable and other current liabilities
Other, net
Net cash provided by operating activities
Cash flows from investing activities
Capital expenditures
Expenditures relating to FCC licenses
Acquisitions, net of cash acquired
Proceeds from equity method investments
Investment in Clearwire
Proceeds from sales and maturities of short-term investments
Purchases of short-term investments
Proceeds from sales and exchanges of assets
Other, net
Net cash used in investing activities
Cash flows from financing activities
Proceeds from debt and financings
Repayments of debt and capital lease obligations
Debt financing costs
Proceeds from issuance of common shares, net
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents, beginning of year
Cash and cash equivalents, end of year
Year Ended December 31,
2010 (in millions)
$ (3,465)
125
6,248
430
70
230
1,286
(69)
—
—
(473)
9
558
(134)
4,815
(1,935)
(459)
—
—
(58)
155
(350)
101
(10)
(2,556)
—
(862)
(51)
8
(905)
1,354
3,819
$ 5,173
2009
$ (2,436)
47
7,416
398
79
(850)
803
(68)
(200)
(151)
26
3
(100)
(76)
4,891
(1,603)
(591)
(560)
—
(1,118)
573
(650)
115
(10)
(3,844)
1,303
(2,226)
—
4
(919)
128
3,691
$ 3,819
2008
$ (2,796)
1,443
8,407
652
267
(1,263)
145
(29)
—
—
203
342
(1,137)
(55)
6,179
(3,882)
(801)
—
213
—
204
(51)
75
(8)
(4,250)
3,826
(4,367)
—
57
(484)
1,445
2,246
$ 3,691
See Notes to the Consolidated Financial Statements
Table of Contents
F-5