Sprint - Nextel 2014 Annual Report Download - page 137

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-54
CONDENSED CONSOLIDATING BALANCE SHEET
As of March 31, 2015
Parent/
Issuer Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
ASSETS
Current assets:
Cash and cash equivalents $ — $ 3,492 $ 518 $ — $ 4,010
Short-term investments — 146 20 — 166
Accounts and notes receivable, net 84 157 2,160 (111) 2,290
Device and accessory inventory — — 1,359 — 1,359
Deferred tax assets — — 62 — 62
Prepaid expenses and other current assets — 13 1,877 — 1,890
Total current assets 84 3,808 5,996 (111) 9,777
Investments in subsidiaries 21,712 22,413 — (44,125) —
Property, plant and equipment, net — — 19,721 — 19,721
Due from consolidated affiliate 68 20,934 — (21,002) —
Note receivable from consolidated affiliate 10,500 458 — (10,958) —
Intangible assets
Goodwill — — 6,575 — 6,575
FCC licenses and other — — 39,987 — 39,987
Definite-lived intangible assets, net — — 5,893 — 5,893
Other assets 139 1,260 836 (1,158) 1,077
Total assets $ 32,503 $ 48,873 $ 79,008 $ (77,354) $ 83,030
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ — $ — $ 4,347 $ — $ 4,347
Accrued expenses and other current liabilities 154 625 4,625 (111) 5,293
Current portion of long-term debt, financing and capital lease
obligations — 500 800 — 1,300
Total current liabilities 154 1,125 9,772 (111) 10,940
Long-term debt, financing and capital lease obligations 10,500 14,576 8,474 (1,019) 32,531
Deferred tax liabilities — — 13,898 — 13,898
Note payable due to consolidated affiliate — 10,500 458 (10,958) —
Other liabilities — 960 2,991 — 3,951
Due to consolidated affiliate 139 — 21,002 (21,141) —
Total liabilities 10,793 27,161 56,595 (33,229) 61,320
Commitments and contingencies
Total stockholders' equity 21,710 21,712 22,413 (44,125) 21,710
Total liabilities and stockholders' equity $ 32,503 $ 48,873 $ 79,008 $ (77,354) $ 83,030