Sprint - Nextel 2014 Annual Report Download - page 141

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-58
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS
Successor
Year Ended December 31, 2013
Parent/
Issuer Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Net operating revenues:
Service $ — $ — $ 15,094 $ — $ 15,094
Equipment — 1,797 1,797
— 16,891 16,891
Net operating expenses:
Cost of services (exclusive of depreciation and amortization below) 5,174 5,174
Cost of products (exclusive of depreciation and amortization below) 4,603 4,603
Selling, general and administrative 36 4,805 4,841
Severance and exit costs 309 309
Depreciation — 2,026 2,026
Amortization — 908 908
36 17,825 17,861
Operating loss (36) (934) (970)
Other income (expense):
Interest income 189 40 6 (200) 35
Interest expense (163) (548) (407) 200 (918)
(Losses) earnings of subsidiaries (1,831) (1,320) 3,151
Other (expense) income, net (15) (3) 56 38
(1,820) (1,831) (345) 3,151 (845)
(Loss) income before income taxes (1,856) (1,831) (1,279) 3,151 (1,815)
Income tax expense (4) (41) (45)
Net (loss) income (1,860) (1,831) (1,320) 3,151 (1,860)
Other comprehensive income (loss) 102 102 93 (195) 102
Comprehensive (loss) income $ (1,758) $ (1,729) $ (1,227) $ 2,956 $ (1,758)