Sprint - Nextel 2014 Annual Report Download - page 144

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-61
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS
Predecessor
Year Ended December 31, 2012
Subsidiary
Guarantor Non-Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Net operating revenues:
Service $ — $ 32,097 $ — $ 32,097
Equipment 3,248 — 3,248
35,345 — 35,345
Net operating expenses:
Cost of services (exclusive of depreciation and amortization below) 10,936 10,936
Cost of products (exclusive of depreciation and amortization below) 9,905 9,905
Selling, general and administrative 9,765 9,765
Impairments 102 — 102
Severance and exit costs 196 196
Depreciation 6,240 — 6,240
Amortization 303 — 303
Other, net (282) (282)
37,165 37,165
Operating loss (1,820) (1,820)
Other income (expense):
Interest income 112 34 (81) 65
Interest expense (907) (602) 81 (1,428)
Equity in losses of unconsolidated investments, net (1,114) (1,114)
(Losses) earnings of subsidiaries (3,530) 3,530
Other (expense) income, net (1) 126 125
(4,326) (1,556) 3,530 (2,352)
(Loss) income before income taxes (4,326) (3,376) 3,530 (4,172)
Income tax expense (154) (154)
Net (loss) income (4,326) (3,530) 3,530 (4,326)
Other comprehensive (loss) income (341) (339) 339 (341)
Comprehensive (loss) income $ (4,667) $ (3,869) $ 3,869 $ (4,667)