Sprint - Nextel 2014 Annual Report Download - page 145

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-62
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Successor
Year Ended March 31, 2015
Parent/
Issuer Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities $ — $ (750) $ 3,700 $ (500) $ 2,450
Cash flows from investing activities:
Capital expenditures - network and other — — (5,422) — (5,422)
Capital expenditures - leased devices — — (582) — (582)
Expenditures relating to FCC licenses — — (163) — (163)
Reimbursements relating to FCC licenses — — 95 — 95
Proceeds from sales and maturities of short-term investments — 3,061 70 — 3,131
Purchases of short-term investments — (1,987) (90) — (2,077)
Change in amounts due from/due to consolidated affiliates — (2,425) — 2,425 —
Proceeds from sales of assets and FCC licenses — — 315 — 315
Intercompany note advance to consolidated affiliate (1,481) (343) — 1,824 —
Other, net — — (11) — (11)
Net cash (used in) provided by investing activities (1,481) (1,694) (5,788) 4,249 (4,714)
Cash flows from financing activities:
Proceeds from debt and financings 1,500 300 130 — 1,930
Repayments of debt, financing and capital lease obligations — — (574) — (574)
Debt financing costs (21) (5) (61) — (87)
Proceeds from issuance of common stock, net — 35 — — 35
Intercompany dividends paid to consolidated affiliate — — (500) 500 —
Change in amounts due from/due to consolidated affiliates 2 — 2,423 (2,425) —
Intercompany note advance from parent — 1,481 343 (1,824) —
Net cash provided by (used in) financing activities 1,481 1,811 1,761 (3,749) 1,304
Net decrease in cash and cash equivalents — (633) (327) — (960)
Cash and cash equivalents, beginning of period — 4,125 845 — 4,970
Cash and cash equivalents, end of period $ — $ 3,492 $ 518 $ — $ 4,010