Sprint - Nextel 2015 Annual Report Download - page 139

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
CONDENSED CONSOLIDATING BALANCE SHEET
As of March 31, 2015
Parent/Issuer
Subsidiary
Guarantor
Non-Guarantor
Subsidiaries
Eliminations
Consolidated
(inmillions)
ASSETS
Current assets:
Cash and cash equivalents $ —
$ 3,492
$ 518
$ —
$ 4,010
Short-term investments —
146
20
—
166
Accounts and notes receivable, net 84
157
2,160
(111)
2,290
Device and accessory inventory —
—
1,359
—
1,359
Deferred tax assets —
—
62
—
62
Prepaid expenses and other current assets —
13
1,877
—
1,890
Total current assets 84
3,808
5,996
(111)
9,777
Investments in subsidiaries 21,712
22,413
—
(44,125)
—
Property, plant and equipment, net —
—
19,721
—
19,721
Due from consolidated affiliate 68
20,934
—
(21,002)
—
Note receivable from consolidated affiliate 10,361
458
—
(10,819)
—
Intangible assets
Goodwill —
—
6,575
—
6,575
FCC licenses and other —
—
39,987
—
39,987
Definite-lived intangible assets, net —
—
5,893
—
5,893
Other assets —
1,119
788
(1,019)
888
Total assets $ 32,225
$ 48,732
$ 78,960
$ (77,076)
$ 82,841
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ —
$ —
$ 4,347
$ —
$ 4,347
Accrued expenses and other current liabilities 154
625
4,625
(111)
5,293
Current portion of long-term debt, financing and capital lease obligations —
500
800
—
1,300
Total current liabilities 154
1,125
9,772
(111)
10,940
Long-term debt, financing and capital lease obligations 10,361
14,574
8,426
(1,019)
32,342
Note payable due to consolidated affiliate —
10,361
458
(10,819)
—
Deferred tax liabilities —
—
13,898
—
13,898
Other liabilities —
960
2,991
—
3,951
Due to consolidated affiliate —
—
21,002
(21,002)
—
Total liabilities 10,515
27,020
56,547
(32,951)
61,131
Commitments and contingencies
Total stockholders' equity 21,710
21,712
22,413
(44,125)
21,710
Total liabilities and stockholders' equity $ 32,225
$ 48,732
$ 78,960
$ (77,076)
$ 82,841
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