Sprint - Nextel 2014 Annual Report Download - page 148

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-65
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Predecessor
For the 191 Days Ended July 10, 2013
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities $ (559) $ 3,230 $ — $ 2,671
Cash flows from investing activities:
Capital expenditures — (3,140) — (3,140)
Expenditures relating to FCC licenses — (125) — (125)
Acquisitions, net of cash acquired (4,039) — — (4,039)
Investment in Clearwire (including debt securities) — (308) — (308)
Proceeds from sales and maturities of short-term investments 2,445 — — 2,445
Purchases of short-term investments (1,221) — — (1,221)
Change in amounts due from/due to consolidated affiliates (372) — 372 —
Proceeds from sales of assets and FCC licenses — 10 — 10
Other, net — (7) — (7)
Net cash (used in) provided by investing activities (3,187) (3,570) 372 (6,385)
Cash flows from financing activities:
Proceeds from debt and financings — 204 — 204
Repayments of debt and capital lease obligations — (362) — (362)
Debt financing costs (11) — — (11)
Proceeds from issuance of common stock, net 60 — — 60
Change in amounts due from/due to consolidated affiliates — 372 (372) —
Net cash provided by (used in) financing activities 49 214 (372) (109)
Net decrease in cash and cash equivalents (3,697) (126) — (3,823)
Cash and cash equivalents, beginning of period 5,218 1,133 — 6,351
Cash and cash equivalents, end of period $ 1,521 $ 1,007 $ — $ 2,528