Sprint - Nextel 2013 Annual Report Download - page 122

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
CONSOLIDATED BALANCE SHEETS
See Notes to the Consolidated Financial Statements
F - 4
Successor
Predecessor
December 31,
December 31,
2013
2012
2012
(in millions, except share and per share data)
ASSETS
Current assets:
Cash and cash equivalents
$
6,364
$
5
$
6,351
Short-term investments
1,105
—
1,849
Accounts and notes receivable, net
3,570
6
3,658
Device and accessory inventory
1,205
—
1,200
Deferred tax assets
186
—
1
Prepaid expenses and other current assets
628
—
700
Total current assets
13,058
11
13,759
Investments
143
3,104
1,053
Property, plant and equipment, net
16,164
—
13,607
Intangible assets
Goodwill
6,434
—
359
FCC licenses and other
41,824
—
20,677
Definite-lived intangible assets, net
8,014
—
1,335
Other assets
458
—
780
Total assets
$
86,095
$
3,115
$
51,570
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
$
3,312
$
—
$
3,487
Accrued expenses and other current liabilities
6,363
4
5,008
Current portion of long- term debt, financing and capital lease obligations
994
—
379
Total current liabilities
10,669
4
8,874
Long - term debt, financing and capital lease obligations
32,017
—
23,962
Deferred tax liabilities
14,227
1
7,047
Other liabilities
3,598
—
4,600
Total liabilities
60,511
5
44,483
Commitments and contingencies
Stockholders' equity:
Common stock (Successor), voting, par value $0.01 per share, 9.0 billion authorized, 3.934 billion issued at
December 31, 2013
39
—
—
Class B common stock (Successor), voting, par value $0.01 per share, 25.0 million authorized, 3.106 million
issued at December 31, 2012
—
—
—
Common stock (Predecessor), voting, par value $2.00 per share, 6.5 billion authorized, 3.010 billion issued
at December 31, 2012
—
—
6,019
Paid-in capital
27,330
3,137
47,016
Accumulated deficit
(1,887
)
(27
)
(44,815
)
Accumulated other comprehensive income (loss)
102
—
(1,133
)
Total stockholders' equity
25,584
3,110
7,087
Total liabilities and stockholders' equity
$
86,095
$
3,115
$
51,570