Sprint - Nextel 2011 Annual Report Download - page 70

Table of Contents
SPRINT NEXTEL CORPORATION
CONSOLIDATED BALANCE SHEETS
See Notes to the Consolidated Financial Statements
F-3
December 31,
2011 2010
(in millions, except share and
per share data)
ASSETS
Current assets
Cash and cash equivalents $ 5,447 $ 5,173
Short-term investments 150 300
Accounts and notes receivable, net 3,206 3,036
Device and accessory inventory 913 670
Deferred tax assets 130 185
Prepaid expenses and other current assets 491 516
Total current assets 10,337 9,880
Investments 1,996 3,389
Property, plant and equipment, net 14,009 15,214
Intangible assets
Goodwill 359 359
FCC licenses and other 20,453 20,336
Definite-lived intangible assets, net 1,616 2,009
Other assets 613 467
Total assets $ 49,383 $ 51,654
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable $ 2,495 $ 2,662
Accrued expenses and other current liabilities 3,996 3,573
Current portion of long-term debt, financing and capital lease obligations 8 1,656
Total current liabilities 6,499 7,891
Long-term debt, financing and capital lease obligations 20,266 18,535
Deferred tax liabilities 6,986 6,802
Other liabilities 4,205 3,880
Total liabilities 37,956 37,108
Commitments and contingencies
Shareholders' equity
Common shares, voting, par value $2.00 per share, 6.5 billion shares authorized,
2.996 and 3.008 billion shares issued, 2.996 and 2.988 billion shares outstanding 5,992 6,016
Paid-in capital 46,716 46,841
Treasury shares, at cost
—
(227)
Accumulated deficit (40,489) (37,582)
Accumulated other comprehensive loss (792) (502)
Total shareholders' equity 11,427 14,546
Total liabilities and shareholders' equity $ 49,383 $ 51,654