Sprint - Nextel 2014 Annual Report Download - page 139

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-56
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS
Successor
Year Ended March 31, 2015
Parent/
Issuer Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Net operating revenues:
Service $ — $ — $ 29,542 $ — $ 29,542
Equipment — 4,990 4,990
— 34,532 34,532
Net operating expenses:
Cost of services (exclusive of depreciation and amortization below) 9,660 9,660
Cost of products (exclusive of depreciation and amortization below) 9,309 9,309
Selling, general and administrative 9,563 9,563
Impairments — 2,133 2,133
Severance and exit costs 304 304
Depreciation — 3,797 3,797
Amortization — 1,552 1,552
Other, net 1 108 109
1 36,426 36,427
Operating loss (1) (1,894) (1,895)
Other income (expense):
Interest income 687 146 3 (824) 12
Interest expense (687) (1,521) (667) 824 (2,051)
Equity in losses of unconsolidated investments, net
Gain on previously-held equity interests
(Losses) earnings of subsidiaries (3,345) (1,970) 5,315
Other income, net 1 14 15
(3,345) (3,344) (650) 5,315 (2,024)
(Loss) income before income taxes (3,345) (3,345) (2,544) 5,315 (3,919)
Income tax benefit 574 574
Net (loss) income (3,345) (3,345) (1,970) 5,315 (3,345)
Other comprehensive (loss) income (365) (365) (355) 720 (365)
Comprehensive (loss) income $ (3,710) $ (3,710) $ (2,325) $ 6,035 $ (3,710)