Sprint - Nextel 2011 Annual Report Download - page 103

Table of Contents
SPRINT NEXTEL CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
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F-36
Statement of Operations Information Wireless Wireline
Corporate,
Other and
Eliminations Consolidated
(in millions)
2009
Net operating revenues $ 27,786 $ 4,471 $ 3 $ 32,260
Inter-segment revenues(1)
—
1,158 (1,158)
—
Total segment operating expenses (22,588) (4,408) 1,143 (25,853)
Segment earnings $5,198
$ 1,221 $(12)
6,407
Less:
Depreciation and amortization (7,416)
Other, net(2) (389)
Operating loss (1,398)
Interest expense (1,450)
Equity in losses of unconsolidated
investments, net $(803) (803)
Other income, net 157
Loss before income taxes $ (3,494)
Other Information Wireless Wireline
Corporate,
Other and
Eliminations(3) Consolidated
(in millions)
2011
Capital expenditures $2,702
$ 168 $ 260 $ 3,130
Total assets 37,606 2,355 9,422 49,383
2010
Capital expenditures $1,455
$ 223 $ 257 $ 1,935
Total assets 38,445 2,655 10,554 51,654
2009
Capital expenditures $1,149
$ 267 $ 187 $ 1,603
Total assets 42,338 2,987 10,099 55,424
(1)
I
nte
r
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s
egment revenues consist primarily of wireline services provided to the Wireless segment for resale to wireless subscribers.
(2) Other, net consists primarily of severance, exit costs and asset impairments offset by gains from other asset dispositions and exchanges. See note 8 for additional
information on severance, exit costs and asset impairments.
(3) Corporate assets are not allocated to the operating segments and consist primarily of cash and cash equivalents, the corporate headquarters campus, our equity
method investment in Clearwire, other assets managed at a corporate level and assets that were related to our 4G wireless broadband business that were
subsequently contributed to Clearwire. Corporate capital expenditures include various administrative assets and assets that were contributed to Clearwire.