Sprint - Nextel 2013 Annual Report Download - page 126

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY — CONTINUED
(in millions)
________
See Notes to the Consolidated Financial Statements
F - 8
Successor
Common Stock
Paid-in
Capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
Income
Total
Shares
Amount
Balance, October 5, 2012 (1)
—
$
—
$
—
$
—
$
—
$
—
Capital contribution by SoftBank
3,105
3,105
Net loss
(27
)
(27
)
Expenses incurred by SoftBank for the benefit of Sprint
32
32
Balance, December 31, 2012
(1)
—
$
—
$
3,137
$
(27
)
$
—
$
3,110
Net loss
(1,860
)
(1,860
)
Expenses incurred by SoftBank for the benefit of Sprint
97
97
Other comprehensive income, net of tax
102
102
Issuance of common stock to SoftBank upon acquisition
3,076
31
18,370
18,401
Issuance of common stock to Sprint stockholders upon
acquisition
851
8
5,336
5,344
Conversion of Sprint vested stock-based awards upon acquisition
193
193
Issuance of warrant to SoftBank prior to acquisition
139
139
Return of capital to SoftBank prior to acquisition
(14
)
(14
)
Issuance of common stock, net
7
—
27
—
27
Share -based compensation expense
45
45
Balance, December 31, 2013
3,934
$
39
$
27,330
$
(1,887
)
$
102
$
25,584
(1)
For the successor period beginning October 5, 2012 and ending December 31, 2012, there were approximately 3 million shares of Class B common stock of Starburst II, Inc.
issued and outstanding with an immaterial value. These shares were exchanged within the issuance of common stock to SoftBank upon acquisition.