Sprint - Nextel 2015 Annual Report Download - page 144

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS
Predecessor
191 Days Ended July 10, 2013
Subsidiary Guarantor
Non-Guarantor Subsidiaries
Eliminations
Consolidated
(inmillions)
Net operating revenues:
Service $ —
$ 16,895
$ —
$ 16,895
Equipment —
1,707
—
1,707
—
18,602
—
18,602
Net operating expenses:
Cost of services (exclusive of depreciation and amortization below) —
5,673
—
5,673
Cost of products (exclusive of depreciation and amortization below) —
4,872
—
4,872
Selling, general and administrative —
5,067
—
5,067
Severance and exit costs —
652
—
652
Depreciation —
3,098
—
3,098
Amortization —
147
—
147
Other, net —
(22)
—
(22)
—
19,487
—
19,487
Operating loss —
(885)
—
(885)
Other income (expense):
Interest income 61
15
(43)
33
Interest expense (842)
(336)
43
(1,135)
Equity in losses of unconsolidated investments, net —
(482)
—
(482)
Gain on previously-held equity interests —
2,926
—
2,926
(Losses) earnings of subsidiaries (365)
—
365
—
Other expense, net (12)
(2)
—
(14)
(1,158)
2,121
365
1,328
(Loss) income before income taxes (1,158)
1,236
365
443
Income tax expense —
(1,601)
—
(1,601)
Net (loss) income (1,158)
(365)
365
(1,158)
Other comprehensive income (loss) 23
35
(35)
23
Comprehensive (loss) income $(1,135)
$(330)
$ 330
$(1,135)
F-59