Sprint - Nextel 2014 Annual Report Download - page 149

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-66
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Predecessor
Three Months Ended March 31, 2013 (Unaudited)
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities $ (210) $ 1,150 $ — $ 940
Cash flows from investing activities:
Capital expenditures — (1,381) — (1,381)
Expenditures relating to FCC licenses — (55) — (55)
Investment in Clearwire (including debt securities) — (80) — (80)
Proceeds from sales and maturities of short-term investments 1,281 — — 1,281
Purchases of short-term investments (926) — — (926)
Change in amounts due from/due to consolidated affiliates (236) — 236 —
Proceeds from sales of assets and FCC licenses — 6 — 6
Other, net — (3) — (3)
Net cash provided by (used in) investing activities 119 (1,513) 236 (1,158)
Cash flows from financing activities:
Proceeds from debt and financings — 204 — 204
Repayments of debt and capital lease obligations — (59) — (59)
Debt financing costs (10) — — (10)
Proceeds from issuance of common stock, net 7 — — 7
Change in amounts due from/due to consolidated affiliates — 236 (236) —
Net cash provided by (used in) financing activities (3) 381 (236) 142
Net (decrease) increase in cash and cash equivalents (94) 18 — (76)
Cash and cash equivalents, beginning of period 5,218 1,133 — 6,351
Cash and cash equivalents, end of period $ 5,124 $ 1,151 $ — $ 6,275