Sprint - Nextel 2014 Annual Report Download - page 150

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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F-67
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Predecessor
Year Ended December 31, 2012
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities $ (728) $ 3,727 $ — $ 2,999
Cash flows from investing activities:
Capital expenditures — (4,261) — (4,261)
Expenditures relating to FCC licenses — (198) — (198)
Investment in Clearwire (including debt securities) — (228) — (228)
Proceeds from sales and maturities of short-term investments 1,513 — — 1,513
Purchases of short-term investments (3,212) — — (3,212)
Change in amounts due from/due to consolidated affiliates (5,610) — 5,610 —
Proceeds from sales of assets and FCC licenses — 19 — 19
Other, net — (8) — (8)
Net cash (used in) provided by investing activities (7,309) (4,676) 5,610 (6,375)
Cash flows from financing activities:
Proceeds from debt and financings 8,880 296 — 9,176
Repayments of debt and capital lease obligations — (4,791) — (4,791)
Debt financing costs (105) (29) — (134)
Proceeds from issuance of common stock, net 29 — — 29
Change in amounts due from/due to consolidated affiliates — 5,610 (5,610) —
Net cash provided by (used in) financing activities 8,804 1,086 (5,610) 4,280
Net increase in cash and cash equivalents 767 137 — 904
Cash and cash equivalents, beginning of period 4,451 996 — 5,447
Cash and cash equivalents, end of period $ 5,218 $ 1,133 $ — $ 6,351