Sprint - Nextel 2015 Annual Report Download - page 119

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 11. Supplemental Financial Information
March 31,
March 31,
2016
2015
(in millions)
Accounts and notes receivable, net
Trade $ 899
$ 1,037
Unbilled trade and other 239
1,457
Less allowances for doubtful accounts and deferred interest (39)
(204)
$ 1,099 $ 2,290
Prepaid expenses and other current assets
Prepaid expenses $ 366
$ 401
Deferred purchase price for Receivables Facility 1,155
1,198
Deferred charges and other 399
291
$ 1,920 $ 1,890
Other assets
Deferred purchase price for Handset Sale-Leaseback Tranche 1 $ 116
$ —
Unbilled trade installment receivables, net —
361
Investments 187
151
Other 425
376
$ 728
$ 888
Accounts payable (1)
Trade $ 2,567
$ 3,786
Accrued interconnection costs 142
198
Capital expenditures and other 190
363
$ 2,899 $ 4,347
Accrued expenses and other current liabilities
Deferred revenues $ 1,456
$ 1,385
Accrued taxes 232
238
Payroll and related 339
589
Severance, lease and other exit costs 288
223
Accrued interest 532
525
Accrued capital expenditures 149
705
Other 1,378
1,628
$ 4,374 $ 5,293
Other liabilities
Deferred rental income-communications towers $ 218
$ 229
Deferred rent 478
366
Asset retirement obligations 550
584
Unfavorable lease liabilities 658
856
Post-retirement benefits and other non-current employee related liabilities 994
987
Other 1,104
929
$ 4,002 $ 3,951
______________________
(1) Includesliabilitiesintheamountsof$66millionand$90millionasofMarch31,2016and2015,respectively,forchecksissuedinexcessofassociatedbankbalancesbutnotyet
presentedforcollection.
F-35