Sprint - Nextel 2015 Annual Report Download - page 138

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
CONDENSED CONSOLIDATING BALANCE SHEET
As of March 31, 2016
Parent/Issuer
Subsidiary
Guarantor
Non-Guarantor
Subsidiaries
Eliminations
Consolidated
(inmillions)
ASSETS
Current assets:
Cash and cash equivalents $ —
$ 2,154
$ 487
$ —
$ 2,641
Accounts and notes receivable, net 87
27
1,099
(114)
1,099
Device and accessory inventory —
—
1,173
—
1,173
Prepaid expenses and other current assets —
12
1,908
—
1,920
Total current assets 87
2,193
4,667
(114)
6,833
Investments in subsidiaries 19,783
23,129
—
(42,912)
—
Property, plant and equipment, net —
—
20,297
—
20,297
Due from consolidated affiliate 50
19,518
—
(19,568)
—
Note receivable from consolidated affiliate 10,377
245
—
(10,622)
—
Intangible assets
Goodwill —
—
6,575
—
6,575
FCC licenses and other —
—
40,073
—
40,073
Definite-lived intangible assets, net —
—
4,469
—
4,469
Other assets —
1,127
620
(1,019)
728
Total assets $ 30,297
$ 46,212
$ 76,701
$ (74,235)
$ 78,975
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ —
$ —
$ 2,899
$ —
$ 2,899
Accrued expenses and other current liabilities 137
531
3,820
(114)
4,374
Current portion of long-term debt, financing and capital lease obligations —
3,065
1,625
—
4,690
Total current liabilities 137
3,596
8,344
(114)
11,963
Long-term debt, financing and capital lease obligations 10,377
11,495
8,415
(1,019)
29,268
Note payable due to consolidated affiliate —
10,377
245
(10,622)
—
Deferred tax liabilities —
—
13,959
—
13,959
Other liabilities —
961
3,041
—
4,002
Due to consolidated affiliate —
—
19,568
(19,568)
—
Total liabilities 10,514
26,429
53,572
(31,323)
59,192
Commitments and contingencies
Total stockholders' equity 19,783
19,783
23,129
(42,912)
19,783
Total liabilities and stockholders' equity $ 30,297
$ 46,212
$ 76,701
$ (74,235)
$ 78,975
F-53