Sprint - Nextel 2014 Annual Report Download - page 147

Download and view the complete annual report

Please find page 147 of the 2014 Sprint - Nextel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 194

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-64
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Successor
Year Ended December 31, 2013
Parent/
Issuer Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Cash flows from operating activities:
Net cash provided by (used in) operating activities $ 9 $ (458) $ 388 $ — $ (61)
Cash flows from investing activities:
Capital expenditures — — (3,847) — (3,847)
Expenditures relating to FCC licenses — — (146) — (146)
Acquisitions, net of cash acquired (16,640) 2,528 — — (14,112)
Proceeds from sales and maturities of short-term investments — 1,715 — — 1,715
Purchases of short-term investments — (1,719) — — (1,719)
Change in amounts due from/due to consolidated affiliates — (7,189) — 7,189 —
Proceeds from sales of assets and FCC licenses — — 7 — 7
Investment in consolidated affiliate (1,900) — — 1,900 —
Intercompany note advance to consolidated affiliate (8,861) — — 8,861 —
Other, net — — (6) — (6)
Net cash (used in) provided by investing activities (27,401) (4,665) (3,992) 17,950 (18,108)
Cash flows from financing activities:
Proceeds from debt and financings 9,000 — 500 — 9,500
Repayments of debt and capital lease obligations — — (3,378) — (3,378)
Debt financing costs (139) — (8) — (147)
Proceeds from issuance of common stock, net 18,540 27 — — 18,567
Change in amounts due from/due to consolidated affiliates — — 7,189 (7,189) —
Intercompany note advance from parent — 8,861 — (8,861) —
Equity contribution from parent — 1,900 — (1,900) —
Other, net (14) — — — (14)
Net cash provided by (used in) financing activities 27,387 10,788 4,303 (17,950) 24,528
Net (decrease) increase in cash and cash equivalents (5) 5,665 699 — 6,359
Cash and cash equivalents, beginning of period 5 — — — 5
Cash and cash equivalents, end of period $ — $ 5,665 $ 699 $ — $ 6,364