Sprint - Nextel 2015 Annual Report Download - page 143

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS
Successor
Year Ended December 31, 2013
Parent/Issuer
Subsidiary
Guarantor
Non-Guarantor
Subsidiaries
Eliminations
Consolidated
(inmillions)
Net operating revenues:
Service $ —
$ —
$ 15,094
$ —
$ 15,094
Equipment —
—
1,797
—
1,797
—
—
16,891
—
16,891
Net operating expenses:
Cost of services (exclusive of depreciation and amortization below) —
—
5,174
—
5,174
Cost of products (exclusive of depreciation and amortization below) —
—
4,603
—
4,603
Selling, general and administrative 36
—
4,805
—
4,841
Severance and exit costs —
—
309
—
309
Depreciation —
—
2,026
—
2,026
Amortization —
—
908
—
908
36
—
17,825
—
17,861
Operating loss (36)
—
(934)
—
(970)
Other income (expense):
Interest income 189
40
6
(200)
35
Interest expense (163)
(548)
(407)
200
(918)
(Losses) earnings of subsidiaries (1,831)
(1,320)
—
3,151
—
Other (expense) income, net (15)
(3)
56
—
38
(1,820)
(1,831)
(345)
3,151
(845)
(Loss) income before income taxes (1,856)
(1,831)
(1,279)
3,151
(1,815)
Income tax expense (4)
—
(41)
—
(45)
Net (loss) income (1,860)
(1,831)
(1,320)
3,151
(1,860)
Other comprehensive income (loss) 102
102
93
(195)
102
Comprehensive (loss) income $(1,758)
$(1,729)
$(1,227)
$ 2,956
$(1,758)
F-58